Markets are getting rocked.

Traders are running to the exits. Inflation is only getting worse. Fears of recession are mounting. Your average American consumer is struggling. “Concerns about economic growth are hanging over investors as the U.S. market looks to recover after a rough first half to the year. Some economists believe U.S. GDP declined for both quarters to start the year, which is a shorthand used by many to signal a recession,” says CNBC.

And no one knows what comes next.

And if you believe the bottom is in, I have a bridge to sell you.

It’s why – in early May 2022 – we highlighted opportunity in volatility ETFs and ETNs including:

Pro Shares Ultra VIX Short-Term Futures ETF (UVXY)

As the VIX pops, so does the UVXY ETF.

For those of you that are new to the UVXY, the ETF was designed to match two times (2x) the daily performance of the S&P 500 VIX Short-Term Futures Index. As the VIX moves higher, the UVXY typically follows. Since early June, the UVXY ran from about $12.90 to $18.