There’s no reason to panic.

Yes, the market has been a disaster.  

The Dow is down another 254 points, as the NASDAQ slips 106 this morning.  Oil prices are up another $4.40.  Investors are jumping ship.  But the last thing you want to do is exit the market.  Remember, markets are resilient.  They’ve bounced back from worse news.

Right now, the only certainty is uncertainty – which could lead to higher volatility.

To potentially profit from that, investors can always use the volatility-based ETFs and ETNs, including these three:

ProShares Ultra VIX Short-Term Futures ETF (UVXY) 

The ETF was designed to match two times (2x) the daily performance of the S&P 500 VIX Short-Term Futures Index. 

iPath S&P 500 VIX Short-Term Futures (VXX) 

The VXX ETN provides exposure to the S&P 500 VIX Short-Term Futures Index.  The VXX ETN was up $1.09 on Friday.

ProShares VIX Short-Term Futures ETF (VIXY) 

The ProShares VIX Short-Term Futures ETF provides long exposure to the S&P 500 VIX Short-Term Futures Index, which measures the returns of a portfolio of monthly VIX futures contracts with a weighted average of one month to expiration.  The VIXY ETF was up 85 cents on Friday.  

Again, don’t run from the markets – and remember there’s always an opportunity.

Even in a crazed market…

Markets

The Dow is down 254 points to 33,333

The S&P 500 is down 29 points to 4,298.25

The NASDAQ is down 106 points to 13,725

Gold prices are up another $8.06 to $1,980.37

Bitcoin is down slightly to $38,707.61

Oil prices are up another $4.35 to $120

The VIX is up another 3.61 points to 34.09