🔍 Tuesday Market Outlook: August 6, 2024 🗓️

[Image] August 06, 2024 🔍 Tuesday Market Outlook: August 6, 2024 🗓️ Happy Tuesday, traders… Jeff here. On Monday morning, the U.S. stock market had its biggest sell-off of the year — a major capitulation downward amid an already [brutal pullback](. Sponsored Advice from a Millionaire Trader: Bryce Tuohey Bryce Tuohey is now a millionaire trader, but he struggled with unprofitability a few years ago. [Here's his advice]( to beginners to help shorten their learning curve: - Don't push for a big account. - It's okay to try different things. Find a strategy that works for you and stick with it. Bryce made his first million using one setup repeatedly. [Want to learn his setup?]( Overvalued tech stocks are leading the avalanche down, with the NASDAQ dropping more than 3% intraday: QQQ chart: Year-to-date, daily candle — courtesy of [StocksToTrade.com]( But I can't say that I didn't see this coming… I've been telling everyone who would listen, from walking my dog to the New York Stock Exchange: Volatility was too low and tech stocks could be in for a walloping. Given all the crazy stuff happening geopolitically, earning surprises, and the types of moves I was seeing in individual stocks … it just didn't make sense that the VIX was at $18 last week. So, we saw the bear move coming, and we saw the VIX explode… Now, traders across the world are wondering: Is this a garden-variety correction, or is this turning into a full-fledged bear market? The answer is a bit more complicated — somewhere between the two. With that in mind, let’s get to my Tuesday Market Outlook… [Click Here To Read The Full Article]( P.S. My brand-new, AI-powered trading system — which can detect algorithmic glitches in real-time with a 90% accuracy rate — has already led to explosive gains like 216% on CHWY calls in 24 hours* and 200% on QCOM puts in 48 hours!* [Click here now to be one of the first 500 people to claim a GAMMA CODE membership.](   Sponsored   66 West Flagler Street STE 900 Miami, Florida 33130 United States [Click Here to Unsubscribe]( **Our gurus teach skills others have used to make money. Any results displayed are extraordinary and are not typical and will vary from person to person. For more info read our [Earning Claims Disclosure]( About: Making money trading stocks takes time, dedication, and hard work. My goal is to teach you how I have succeeded in the market, but you may not achieve my results. Remember, there are risks involved with investing, including the potential loss of money. We are strongly committed to protecting your privacy and providing a safe & high-quality online experience for all of our visitors. We understand that you care about how the information you provide to us is used and shared. We have developed a Privacy Policy to inform you of our policies regarding the collection, use, and disclosure of information we receive from users of our website. Our Privacy Policy, along with our Term & Conditions, governs your use of this site. By using our site, or by accepting the Terms of Use (via opt-in, checkbox, pop-up, or clicking an email link confirming the same), you agree to be bound by our Terms & Conditions and our Privacy Policy. If you have provided personal, billing, or other voluntarily provided information, you may access, review, and make changes to it via instructions found on the Website or by replying to this email. To manage your receipt of marketing and non-transactional communications, you may unsubscribe by clicking the “unsubscribe” link located on the bottom of any marketing email. Emails related to the purchase or delivery of orders are provided automatically – Customers are not able to opt out of transactional emails. We will try to accommodate any requests related to the management of Personal Information in a timely manner. However, it is not always possible to completely remove or modify information in our databases (for example, if we have a legal obligation to keep it for certain timeframes, for example). If you have any questions, simply reply to this email or visit our website to view our official policies.