TheoTrade Daily: Tech Is Choking Off the Market

Daily Video Newsletter Tuesday, July 30, 2024       Join Us for TheoTrade's 2024 Annual LIVE Event: Unlimited Trading Horizons September 12-14, 2024 in beautiful Scottsdale, AZ   Spots are filling fast - hurry before it sells out!     ================================================   Tech Is Weighing Down the Markets in a Flight to Safety By Gianni Di Poce   It's tough to call them the Magnificent Seven anymore, at least with a straight face, but these stocks - once the leaders among leaders - are all down today. It's one of the starkest reminders yet that tech is becoming a hurdle for the indexes to clear, rather than a springboard for launch.    The selloff is beginning to attract the attention of the crowd, the late money. So I'm not exactly optimistic about the prospects for new highs on the NASDAQ, but I do think we could see a new all-time high in the Dow Industrials, an index a lot of pro traders overlook.    Obviously, a run to new highs there depends a lot on what the Fed says and does tomorrow. The odds of a September rate cut, at least according to the CME Group data, are now at 100%.    In the here and now, however, I think the risk-reward picture is starting to look especially attractive in precious metals, the oldest defensive play in the book.   Here's what you need to know…      ================================================     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: https://twitter.com/TheoTrade   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: https://theotrade.com/all/   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