Friend, US Stocks Decline, Volatility Rises after Independence Day | TradingGods.net

[TradingGods.net Logo] VIX Trader Status: Yellow Flag *****Advertisement***** Receive 120 trades and expert market information... at no cost! With the nation's top options newsletter, The Option Advisor, you'll learn how to trade smarter and maximize your returns by utilizing Bernie Schaeffer's 35 years of options trading experience. Each month you'll receive 10 trades targeting triple-digit gains, as well as invaluable market insight and commentary. [And if you click here now you'll receive 12 months FREE!] *****Advertisement ***** US Stocks Decline, Volatility Rises after Independence Day Hello Trading God Friend, US stocks head lower after last week's relief rally. US stocks turned lower Tuesday, as the combination of [Brexit] fears and tumbling oil prices snapped a four-day winning streak. The Dow Jones Industrial Average (NYSEARCA:DIA) fell 109 points or 0.6%, having failed to generate any upward movement on Tuesday. The S&P 500 Index (NYSEARCA:SPY) closed down 0.7%, with the majority of sectors trading negatively. Meanwhile, the Nasdaq Composite Index (NYSEARCA:QQQ) closed off 0.8%. Implied volatility in US equities rose sharply amid renewed concerns about Brexit and its implications on global economic and financial stability. The Chicago Board Options Exchange (CBOE) Volatility Index (NYSEARCA:VXX), Wall Street's preferred measure of market uncertainty, rose 5.5% to 15.58. The VIX is considered neutral according to the short-term technical indicators following a sharp decline last week. The so-called fear index maintains a historical average around 20. European stocks also suffered a setback, as the dramatic post-Brexit relief rally came to an abrupt end. The pan-European Stoxx 600 Index closed down 1.7%. Economic jitters sent oil prices tumbling for a second consecutive day. The West Texas Intermediate (WTI) benchmark for US crude futures fell $2.41 or 4.9% to $46.58 a barrel on the New York Mercantile. International benchmark Brent crude declined $2.31 or 4.6% to $47.79 a barrel. The Final Word: Brexit-related uncertainty continues to influence financial markets, as investors await further clarity on Britain's future trade negotiations with the European Union (EU). A new trade agreement will take at least two years to finalize from the time Britain formally triggers Article 50 of the Lisbon Treaty. There is no timetable for when the British government will invoke the so-called Brexit clause. [Trade the VIX for $9!] 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