TheoTrade Daily: The S&P 500 Faces Long Odds Right Now

[Spotlight] Daily Video Newsletter Wednesday, September 4, 2024 An Expertly Curated Collection of Trading Systems This day trader’s “mega bundle” includes 22 trading masterclasses, two Mastermind sessions, one full year of access to day trading planning reports and more… [for a price so low I’ll only show you here…]() [The S&P 500 Is Trying to Hold It Together, But the Odds Are Stiff](=) By Brandon Chapman There’s some big data coming our way this week: jobs data. We’ll get a glimpse of how the market is primed to receive positive or negative news, whether it’s “bad news is good news”... or the other way around. The Fed, of course, is set to cut rates this month. The market could take them at their word, which would mean a disappointing jobs number might hand us a selloff from here. I have good reason to think that may well happen. The SKEW index ramped up to 163 yesterday and the VIX was pegged above 20. Rising SKEW is indicative of increased hedging and rising crash risk in equities. What’s more, VX futures are in backwardation, with contract prices falling from the front month all the way out to November expirations. However, the escalation in the VIX, the quick rise of VVIX, and the precarious position of the S&P 500 at support signal we may get even more room to the downside and steeper backwardation. There are reasons to pare back risk right now - more trouble in the Japanese yen carry trade and the prospect of recession, too. Stocks are pricing in economic activity around six to nine months in advance right now, so it seems timely that a historically bearish September will prove to be packed with volatility and risk. [That’s what we’re going to talk about starting right now…](=) ================================================ 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](