TheoTrade Daily: How to Play Crude Oil Today

[Spotlight] Daily Video Newsletter Thursday, September 12, 2024 Huge “Virtual VIP” Savings Available Unlimited Trading Horizons is the premier trading conference - every single one of our traders will be there, talking and trading live in-person. We’ll perfect our strategies for the end of 2024 and make some market forecasts, too. If you can’t make it, we’ve got you covered - you can click here to see how to attend remotely at a big discount. [You don’t want to miss a minute of this…]() ================================================ [The “Return of Inflation” and How to Profit from It](=) By Blake Young PPI data came in above expectations today, but still, in the grand scheme of things, below levels that would give the Fed heartburn - if they even get heartburn. Today we’re going to look at how crude oil, Texas tea, impacts that same inflation data. What’s more, we’ll look at my charts and see what we might expect if oil prices bounce from today’s levels and return to previous resistance. Why the emphasis on oil? Well, I think we may have an opportunity to get into some long positions on energy stocks like Exxon Mobil (XOM), Chevron (CVX), and a few others I’ll name. We’re also going to check out a topping pattern in the US Global Jet ETF (JETS), which is always sensitive to moves in crude - we could be looking at a bearish move there. [There’s a lot to unpack, so let’s get started…](=) ================================================ 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](