VIX collapse biggest in history the last 2 weeks, Jpow says hold my beer

Pit Stop [fstp, logo, header] Join us tonight at 8pm to discuss the SVIX re-entering our buy zone. [Join us live at 8pm here!]( [ag views, logo, header] VIX collapse biggest in history the last 2 weeks, Jpow says hold my beer Fed Chairman Jerome Powell just gave the market some more fuel as Sep rate cuts could happen. They won’t but it was enough of the same message that stocks liked it. I don't see how SPX does not get back to ATH post the Jackson Hole address on Friday at 10am. [ded] VIX ran most of the day and the OP Yield Zone was in bearish territory for stocks. [ded] By the close it flipped positive as some of the downside implied volatility drifted away. At this point, DNC Conference has been a net negative in the polls with no real policy anyone wants to hear coming out. I think that keeps the volatility in the upside for SPX. 5667 is the all time high and just 1 day’s move away. Should see it Friday into the close if not before. - AG  [logo, pit profits] Want to find YOUR winning fit? Give our Customer Care Team a call at [1-888-872-3301](tel:/1-888-872-3301) Monday-Friday from 9 a.m. - 5 p.m. EST. Or email them anytime at [support@optionpit.com](mailto:/support@optionpit.com)  [fpri] Yellen’s Political Move to Sway the Election Hey Income Hunters, Secretary Yellen has thrust herself into the middle of a campaign in a very inappropriate way … Recently, she was standing on stage with the governor of Pennsylvania, campaigning for Kamala Harris, who was not even her president … Markets are already sensitive to political developments and Yellen’s actions could be interpreted as an indication of the administration’s campaign strategy. Any perceived shift in the Treasury's focus from maintaining economic stability to supporting political goals would cause major moves in the U.S. dollar, Treasury bonds and stocks. Sure, enough Yellen made a notable change to its quarterly issuance schedule, introducing future guidance on what to expect… This is an unprecedented shift and one that is most likely politically motivated and intended for use in revealing a proactive and positive policy stance by the administration. [Click below for the dirty details and how they will impact the markets …]( - Bill --------------------------------------------------------------- Never miss an edition of Bill Griffo's Power Income Newsletter ever again. [Click this link to sign up!](  [fpip] Looking for Something Good? Hi Shoppers, Who doesn’t love a crunchy snack? Potato chips … ooo … and French onion dip, still the first thing to go at every dinner party. I have a new healthy one for you that I cannot stop eating. [FPIP] They are made with rice and use avocado oil instead of those nasty seed oils. You can eat them with a piece of cheese or dip into your guac. They are so good and crunchy you can literally eat them plain like chips. And you won’t be able to stop eating them. Also something good is this link [( Not only will it put a reminder on your calendar for tonight at 7:00 ET but it includes the link to the live presentation with Mark Sebastian and Hannah Selner. I am pretty sure you are aware by now of all the hubbub surrounding the current volatility climate in the market. Well, you are about to learn a lot more and how to profit from it just by attending this live session. [Once you’ve done that, here is my new trade idea in Taiwan Semiconductor (Ticker: TSM).]( - Licia --------------------------------------------------------------- Join Licia's trading community and start receiving her Profits In Pumps Newsletter. [Click this link to sign up!](   Get all your DC Insider info inside of Frank Gregory's "Power Moves" Newsletter. [Click this link to sign up!]( --------------------------------------------------------------- Don't miss when our traders go live! Get an alert everytime we open the live rooms to all of our readers for free by selecting the calendar you use below. Add Option Pit Live Events to Your Calendar [Apple]( [Google]( [Outlook]( [Outlook.com]( [Office 365]( [Yahoo](   [glossary, logo] There are plenty of terms in the trading world that need explaining. The Option Pit Glossary is here to help. Today's phrases are:  VIX - The Cboe Volatility Index, which seeks to measure short-term S&P 500 index option volatility. Also called Wall Street’s “fear index,” as a rising VIX often correlates to sinking stock prices. VIX curve - The term structure for VIX futures. VIX futures - Futures for the Cboe Volatility Index (VIX). They settle to cash on the Wednesday morning 30 days prior to expiration of the following month SPX contract. Vol - Abbreviation for volatility, realized volatility, implied volatility or otherwise a euphemism describing market movement [ftsp] All the Right Options. The Option Pit Team brings more than 150 years of experience to you every day. From the trading pits of Chicago to the world's largest banks to the halls of power in DC -- they've done it all. Now they’re collectively focused on one thing: making YOU a better, more profitable trader. Click the button below to schedule a call with our concierge Customer Care Team to find your best fit today. DISCLAIMER: FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. 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