Friend Nasdaq Approaches Record High as Volatility Slides to Three-Week Low/VIX Daily Update: Fear Index Slides Below 30 as Stocks Extend Rally| Tradinggods.net

[TradingGods.net Logo]     ****Advertisement*****   Options Trading System With A 94.8% Win-Rate On Last 727 Trades The key to being consistently profitable as a trader is to focus on high-probability trades. And in this powerful eBook by Dave Acquino, titled The Ultimate Income Trading System, you'll see exactly how Dave and so many of his students do just that. They make 4%, 5% or 6% on each trade and they're in the trade for just 11 hours. [CLICK HERE for instant access.](                                             *****Advertisement*****   Dear Trading God Friend,   Stocks extend upside momentum on Wednesday, with communication services leading. U.S. stocks traded higher mostly on Wednesday, led by a surge in the tech-oriented communication services sector.  The broad S&P 500 Index (SPY) of large-cap stocks gained 0.5% to close at 3,115.87.  Seven of 11 primary industries reported gains, with communication services climbing more than 2%. Real estate and utilities also rose more than 2% on the day. Health care and consumer staples also rallied.  On the opposite side of the ledger, energy stocks declined sharply, as did financials and materials.  Surging tech shares propelled the Nasdaq Composite Index (QQQ) closer to record highs. The benchmark average rallied 1% to settle at 10,154.63.  Meanwhile, the Dow Jones Industrial Average (DIA) declined 77.91 points, or 0.3%, to 26,734.97.  A measure of 30-day volatility known as the CBOE VIX (VXX) fell to multi-week lows on Wednesday. The so-called "investor fear index" touched an intraday low of 28.49 on a scale of 1-100 where 20 represents the historic average. VIX would eventually settle down 6.3% at 28.52.  In economic data, U.S. private-sector employers added nearly 2.4 million workers in June, according to ADP.rebound in industries that once experienced the greatest job losses."  “Small business hiring picked up in the month of June,” said Ahu Yildirmaz, vice president of the ADP Research Institute. “As the economy slowly continues to recover, we are seeing a significant rebound in industries that once experienced the greatest job losses."  The Final Word: Employment data will dominate the headlines in the latter half of the week. On Thursday, the Labor Department will report on last week's initial jobless claims. On Friday, the June nonfarm payrolls report will be released.    CBOE VIX Volatility Index touches multi-week lows on Wednesday. The CBOE VIX (VXX) was back on the defensive Wednesday, as stocks extended their weeklong winning streak . The Chicago Board Options Exchange Volatility Index reached an intraday low of 28.49 on a scale of 1-100 where 20 represents the historic average. The so-called "fear index" would eventually settle down 6.3% at 28.52.     In stocks, the large-cap S&P 500 Index (SPY) rose 0.5% on Wednesday.  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 3.1%.   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 1.4%.  ProShares Ultra Short Term VIX Futures: (UVXY) UVXY is designed to deliver 1.5X (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 4.4%.  VelocityShares Daily 2x VIX Short Term Futures ETN (TVIX) TVIX is a leveraged VIX ETN that tracks an index of futures contracts on the VIX Short-Term Futures Index. It provides 200% leverage on the volatility moves. TVIX declined 7.1%.  The Final Word: Investors continue to eye the global spread of COVID-19. As of Wednesday, more than 10.5 million people had been infected with the novel disease, including 2.6 million in the United States.    We'll talk soon,  Dan  Dan The Trading God You Could Make $300 to $1100 Per Contract With This Simple Trade Imagine getting really good at mastering just ONE simple trade. A trade that appears like clockwork between 9:30-10:45am on most trading days. This free step-by-step guide, by options expert, Dave Acquino, shows you how to spot and take these trades so you can walk away with daily profits! [CLICK HERE for instant access.](  ID=174048;size=600x250;setID=420789;extraData=507;uid={EMAIL}July 1, 2020;lat={EMAIL};click=1    *****Advertisement*****    *****Advertisement*****  [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