TheoTrade Daily: Stagflation Lurks Ahead of This Week’s Data Release

[Spotlight] Daily Video Newsletter Monday, August 12, 2024 Golden Setups: Take a Shot at $620 a Day This is one of the simplest, most powerful trading strategies “civilian” traders can use. Trade one ticker with one goal - when this line hits 26, get in and out and enjoy the rest of your day. [Here’s how…]( ================================================ [Stagflation Lurks Ahead of This Week’s Data Release](=) By Brandon Chapman The market is convinced the Fed is satisfied with its inflation effort and is preparing to cut interest rates. We’ll gauge the reality of those expectations this week with a heat check on PPI and CPI data. The “$64,000 Dollar Question” is: How is the market positioned? If today’s action is any indication, it’s positioned for stagflation. Commodity strength, particularly gold leadership, and a softer, negative tone from other more cyclical sectors is showing. We saw tech strength, it’s true, but otherwise the dismal performance of real estate, telecom, and financials screams stagflation. Don’t let that tech performance get you too excited; it’s reached its 61.8% Fibo retracement area. It could get a lot harder from here. [This week, I’m listening for the dollar to start to tell a story - whether it strengthens or weakens will determine what that tells us. Here’s what I mean…](=) TheoTrade’s Tale of the Tape: Taking Stock of Stocks This Week By Gianni Di Poce At long last, we’re getting some perspective in the rearview mirror - we know the score of last week’s slugfest. There’s been a total shift in sentiment over the past few weeks. We’re no longer in the feel-good, euphoric environment of mid-July. Now, the trading community’s focus has shifted, completely, from inflation to recession. [But as I’ll show you in the updated performance rankings, I think some of that attention may be misplaced. Here’s what I mean...]() ================================================ The Market’s No. 1 Trading Guide, Free 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](