In Today’s Masters in Trading: Live August trading just kicked off with exactly what I warned you about. On Monday, I told you this would be the most important week of the year. We knew the market calm over the last few months couldn't last forever. Now we're getting hit with a perfect storm of bad news. This week’s jobs report showed only 73,000 jobs added – a big miss from the expected 110,000. Unemployment essentially held steady at 4.2%. That certainly sounds okay until you realize there's a clear downtrend in hiring. Then we got weaker-than-expected earnings from giants like Amazon, showing even the mega-caps aren't immune to the slowdown. And today? Another wave of tariffs just hit. We're talking 25% tariffs on Canada and 35% on India. It’s yet another major blow to global trade. In short: Markets are getting crushed. The Dow dropped 500 points after the latest jobs report hit the tape. And the rest of the major indexes are shedding the last few months of gains as I write to you. Traders are scrambling to hedge into the weekend because everyone knows volatility is about to spike even higher. While these developments look scary, here's what I want you to remember: We're not out of the game. Our strategies are built to thrive in any market. All this negative data tells us one thing: we need to double down on volatility plays and put some insurance in place to keep our skin in the game. And luckily for us, we’re already well-positioned. All week I’ve been recommending members get exposure to short positions in preparation for a potential dip lower. Whether it's the short LYFT position we just closed for a solid double-digit gain or our other open short trades, we're not chasing the move lower – we're letting the market come to us. It’s all in the approach we use to trade volatility. And I want to invite anyone who’s interested in learning the fundamentals of our Masters in Trading system to find out more right here. Make sure you join me for today’s episode of Masters in Trading LIVE at 11 AM EST, where I’ll show you: - Our volatility playbook – I'll show you exactly how we pivot to more volatility-based trades and spot short opportunities before the crowd catches on
- Next week's positioning – With more volatility likely ahead, I'll reveal how we're setting up for the next wave of market moves
Recommended Link | | | | On Tuesday, August 5th, we’re releasing our latest TradeSmithGPT trade. If you’ve never tried “trading with AI” before, I urge you to click the link below and learn all about our NEW AI breakthrough BEFORE the trade is released. We modeled this strategy after a Nobel Prize-winning economic discovery… DO NOT miss this. Click here now. |  | |
 | Got a Question? | Be sure to join me live on YouTube and ask me anything. It’s a great way to connect directly with our trading community and make sure you’re getting the insights you need to help build a deeper understanding of the markets. Remember, the creative trader wins, | 
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