Friend, US Stocks End Mixed as Healthcare, Technology Weigh | TradingGods.net

[TradingGods.net Logo] VIX Trader Status: Yellow Flag *****Advertisement***** 251 Trades Delivered to Your Inbox -- 100% FREE "For the next 24 hours only, you can get the very best trading ideas from our all-star line-up of pros delivered to your inbox each and every trading day absolutely FREE. Seven A-list traders duke it out every day to see whose trade will be featured as the #1 trade of the day. Readers have already locked in monster double and triple-digit profits of 38% - 212% in 2015. With a new red-hot trade coming out every single day the market is open, it's easy for you to get on board for our next round of profits! There is no catch -- there are no forms to fill out... no strings... no credit card required. [Just click here now]to enter your email address and watch your inbox for tomorrow morning's trade." *****Advertisement ***** US Stocks End Mixed as Healthcare, Technology Weigh Hello Trading God Friend, US stocks end mixed after Wednesday’s massive decline. Wall Street extended losses on Thursday with healthcare and technology stocks leading declines, as markets tracked negative economic data that pointed to a further slowdown in growth. Technology stocks declined 0.4%, with Apple (NASDAQ: AAPL) plumbing 52-week lows after an epic three-week collapse shaved nearly 20% off its share price. The healthcare sector also fell 0.5% on tumbling biotechnology shares. The S&P 500 large-cap index (NYSEARCA:SPY) finished flat after trading lower for most of the day. The Dow Jones Industrial Average (NYSEARCA:DIA) declined 22 points or 0.1% after being down 90 points through the midday. Meanwhile, the Nasdaq Composite Index (NYSEARCA:QQQ) pared losses in the afternoon to finish down 0.8%. The technology-heavy index was down more than 1% earlier in the day. The Chicago Board Options Exchange (CBOE) Volatility Index – Wall Street’s preferred measure of market volatility – edged down 1.9% to 14.41 on Thursday, its second consecutive advance. The so-called “investor fear index” is showing signs of mean reversion, which indicates that volatility is creeping back into the picture. Relative strength is above 50, while the MACD is approaching the zero line, a sign that months of complacency may be coming to an end. In economic data, US [initial jobless claims] surged to a 14-month high in the latest week, a clear signal that the labour market recovery was beginning to slow. The number of Americans filing for first-time unemployment benefits rose 24,000 to a seasonally adjusted 294,000 in the week ending May 7, data from the Labor Department showed. A median estimate of economists called for a decline to 270,000. The four-week average for claims also shot up by 10,250 to 268,400. The Final Word: The 2.5-month rally in US stocks may be coming to an end as investors run out of trading catalysts to support higher highs. The CBOE VIX remains weak overall, but is well off 2016 lows near 13.00. Sincerely, Dan, The Trading God dan@tradinggods.net [Ridgeline Media Group LLC BBB Business Review] Disclaimer: The content included herein is for educational and informational purposes only, and readers agree to TradingGods.net [Disclaimer,] [Terms of Use,] [Privacy Policy] before accessing or using this or any other publication by TradingGods.net or Ridgeline Media Group, LLC. Ridgeline Media Group, LLC does not endorse any products that may be advertised in this email. If you no longer wish to receive our emails, click the link below: [Unsubscribe] Ridgeline Media Group LLC 70 SW Century Drive Suite 100-148 Bend, Oregon 97702 United States