TheoTrade Daily: I Was Right About This Week’s Huge Downturn

[Spotlight] Daily Video Newsletter Tuesday, August 6, 2024 CRASH CLASS TOMORROW: Here’s What to Do Well, the crash has happened… but the opportunities to trade this thing for big profit potential are just getting started. In tomorrow’s one-off session we’re going to use AI Timing Webs to isolate the sectors best positioned to give up these profits. [It’s at 2 PM ET and won’t be repeated, so don’t miss it…](=) ================================================ [I Was Right About This Week’s Huge Downturn]() By Gianni Di Poce Well, it’s finally happened. I’ve been warning for months - since it was cooler outside - that the carry trade in increasingly expensive Japanese yen was likely to blow the markets apart. And wouldn’t you know it… the mad traders’ rush to unwind their suddenly-expensive yen carry trades has at last blown the markets apart. Of course, it feels much better being right and protected, and if you’ve been following along with me, I’m sure it’s the same for you. I came into this week heavily in cash. In fact, the big cash position even gave me the peace of mind to make some strategic buys amid the frantic selling yesterday. That said, it’s likely this rout has a few more innings left to run; I don’t think the bottom is in, regardless of today’s bounce. But our healthy cash position means we can set worry aside and focus on some incredible risk/reward setups in the meantime. [Here’s what I’ve got in mind…]() ================================================ Check Out This Free Trading Guide This is the perfect time to make sure you’re up to speed on your trading know-how. So I want to ensure you’ve read our free Rebel’s Guide to Trading Options - it covers all the basics of trading options. Like everything we do, the course is in plain English. It’s specially geared toward beginners but all traders will get something out of it. [Yours absolutely free, of course - right here…]() Recent Media Appearances by TheoTrade Jeff Bierman talks A.I. with YahooFinance LIVE [Click here to watch and read the interview ]( Follow Us on Twitter for Free Market Updates Throughout the Day: [( NEW MEDIA CHANNEL - JOIN TheoTRADE on RUMBLE [TheoTrade Rumble Channel]() NEED HELP? LOOKING FOR MORE ADVANCED TRAINING? CALL OUR VIP CONCIERGE SUPPORT TEAM: (623) 244-5657 For live updates throughout the week join the TotalTheo® Unlimited Monthly Streaming: [() Get 6 Months Membership Access for FREE [Click Here to Open and Fund a NEW tastytrade Account](=) Follow these step by step directions: 1. To open an account with tastytrade and enjoy an additional 6 months of TheoTRADE membership, start by clicking the button below.. 2. Follow the directions on that page to open a new account. 3. Fund the account with a minimum of $2,000 in the next 30 days and keep open for at least 6 months. 4. IMPORTANT: After the new account is open AND funded email support@theotrade.com so we can verify your new account. Please note it may take us up to one week to verify your account from the time you email us. 5. TheoTrade will then provide you membership access for 6 months! [Click here to get started now...](=) Disclaimer: Neither TheoTrade or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, registered investment adviser, registered broker-dealer or FINRA|SIPC|NFA-member firm. TheoTrade does not provide investment or financial advice or make investment recommendations. TheoTrade is not in the business of transacting trades, nor does TheoTrade agree to direct your brokerage accounts or give trading advice tailored to your particular situation. Nothing contained in our content constitutes a solicitation, recommendation, promotion, or endorsement of any particular security, other investment product, transaction or investment.Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past Performance is not necessarily indicative of future results. TheoTrade 16427 N Scottsdale Rd Suite # 410 Scottsdale, Arizona 85254 United States 1 (800) 256-8876 If you no longer wish to receive our emails, click the link below: [Unsubscribe](