Levels to watch on the yen, bond yields and Nvidia to know when this volatile market spell is over

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Todd Gordon breaks down how he is analyzing the so-called yen carry trade and its impact on markets.

It was August 2nd at the beach on a family vacation. I woke up around 4 a.m. and as always the first thing I do is check the overnight futures quotes. S & P down 5.50% here, headlines of a Nikkei crash, and another great Yen carry unwind happening. As calmly as I could I kissed the wife and kids goodbye and jumped in the car to get back to my trading desk as quickly as I could. I've seen this movie before.

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