$Nasdaq Composite Index (.IXIC.US)$ for the contrarians out ...

no one's talking about it on TV which is a good thing that means no one's acting on it and maybe I'm crazy maybe I'm nuts I think there's a very good chance that chairman Powell will cut rates this coming week he made a statement earlier this year and you can verify this before you do a trade or he said during his q&A we do not have to wait for a meeting we can act in between a meeting as long as the data supports our decision.

so what does that mean there's a lot of people that are very pissed off at him and I'm not just talking about investors I'm talking about key economists that are saying he's missed the window he's waiting too long and it's going to have serious repercussions on the economy.

so if he does cut it could be today could be Monday Tuesday next week I would tell you to go and buy an out of the money call option you can pick whatever basket The leverage qqq, S&P 500 whatever you want look at the losses today look at the losses yesterday pretty much the losses this week look where we started see where that basket is and that would be the call option I would tell you to buy whatever basket but you would want one that is very much interest rate sensitive so the techs like the chip basket is getting hammered it would snap back soxl as an example it would be 42 to $43 before you blink your eye

it was $45 Wednesday so it would reverse that very quickly because all you're paying for is time value and this is a shot so everybody knows this is not a high probability trade but you're talking about a 30 times return on your money if he cuts this coming week so for those that are willing to take a few bucks and risk it now is when you want to do it today