Friend, VIX Daily Update: Volatility Falls as S&P 500 Notches Record High | Tradinggods.net

[TradingGods.net Logo] ****Advertisement***** [Win. More. Trades.]( Most options investors are on the wrong side of the trade -- that's why they lose most of their trades. But, there's always someone making money. Veteran options trader reveals the secret to "flipping the script" and finally winning the options game. [Free e-book reveals the 3 simple strategies -- Get Yours Now (While You Still Can)]( *****Advertisement***** Dear Trading God Friend, CBOE VIX Volatility Index drifts lower as stocks return to strength. The CBOE VIX (NYSEARCA:VXX) headed lower on Friday, as stocks mounted a strong rally following prepared remarks from Federal Reserve Chairman Jerome Powell. The Chicago Board Options Exchange (CBOE) Volatility Index declined 3.1% to close at 12.03. The so-called “fear index” remains in a historically weak position with positive momentum showing little signs of returning. In equities, the large-cap S&P 500 Index (NYSEARCA:SPY) rose 0.6% en route to new record highs. Major VIX ETFs: iPath S&P 500 VIX Short Term Futures ETN: (NYSEARCA:VXX) Designed to offer exposure to the S&P 500 VIX Short Term Futures Index Total Return. The Index uses CBOE Volatility Index futures by way of a long position in the first and second month VIX Futures contracts. VXX declined 0.6%. ProShares Short VIX Short-Term Futures (SVXY) to track the inverse daily performance of the S&P 500 VIX Short Term Futures Index. SVXY advanced 0.3%. ProShares Ultra Short Term VIX Futures: (NYSEARCA:UVXY) UVXY is designed to deliver 2X (leveraged) returns of the day’s moves in the S&P 500 VIX Short Term Futures Index. It tacks the two front months of the futures contract. UVXY declined 1%. VelocityShares Daily 2x VIX Short Term Futures ETN (NYSEARCA:TVIX) TVIX is a leveraged VIX ETN designed to deliver 2X the returns of the daily S&P 500 Short Term Futures Index. TVIX declined 1.3%. The Bottom Line: Volatility is trekking lower ahead of the summer-ending holiday weekend. Trading volumes are expected to return to normal in early September as market participants return from summer holiday. [Get all the news in our latest VIX weekly webinar!]( *****Advertisement***** [Jim Cramer Vs. Marc Chaikin: What are Today's Hottest Stocks?]( Have you heard? On Wednesday, August 22nd, Jim Cramer (stock market superstart and host of Mad Money) will face off against Chaikin Analytics' Marc Chaikin! They'll go head-to-head on the hottest stocks to trade to trade right now. This is a can't-miss event. Hurry! Seats are filling up fast. [Over 5,000 trader and investors joined them last time they did this, so register now to lock in your spot.]( *****Advertisement***** We'll talk soon. 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 Media Group, LLC/html