How Headwaters Volatility's CIO Is Trading the QQQ

Matt Roush, CIO of Headwaters Volatility, discusses the recent market volatility, highlighting the significant shifts in market sentiment and the implications for investment strategies. He emphasizes the risks associated with relying on hope as a strategy and analyzes the impact of global factors, such as trade negotiations with China. Roush also shares insights into specific investment strategies, including being long volatility in the NASDAQ and FXI, and the importance of understanding market pricing and implied moves.

What specific trades does the speaker recommend and why?

What does the speaker suggest about the market's current valuation compared to its volatility?