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Friend , U.S. Stocks Plunge Again in Volatile Trading Tradinggods.net

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john@tradinggods.net

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Wed, Sep 23, 2020 09:18 PM

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[TradingGods.net Logo] Advertisement   Quiet Bull Market Erupting in One Tiny Sector With most investors focused on big tech, a frenzy is quietly erupting in one tiny sector, with gains like 500% in two months and 104% in a single day. [Click here to access the details, including the stock name and ticker symbol.](    Advertisement                                     Dear Trading God Friend,    U.S. stocks declined sharply on Wednesday, with all sectors reporting losses. The Dow and broader U.S. stock market tumbled on Wednesday, dragged down by plunging technology and energy companies.  All of Wall Street's major indices reported losses, with the Dow Jones Industrial Average (DIA) falling 525.05 points, or 1.9%, to 26,763.13.  The broad S&P 500 Index (SPY) of large-cap stocks fell 2.4% to close at 3,236.92. All 11 primary sectors reported declines, with energy leading the pack. Information technology and materials also declined sharply.  Meanwhile, the technology-focused Nasdaq Composite Index (QQQ) plunged 3% to finish at 10,632.99.     A measure of implied volatility known as the CBOE VIX (VXX) rose sharply on Wednesday. The so-called "investor fear index" peaked at 29.73 on a scale of 1-100 where 20 represents the historical average. It would eventually settle up 7.9% at 28.99.  On the data front, U.S. manufacturing activity improved in September, but services output weakened.  Markit's U.S. manufacturing purchasing managers' index (PMI) improved to 53.5 in September from 53.1 the month before. Services PMI weakened to 54.6 from 55 in August.  In commodities, gold prices resumed their slide on Wednesday, with December futures contracts plunging below $1,900. The yellow metal fell $46.30, or 2.4%, to $1,861.30 a troy ounce on the Comex division of the New York Mercantile Exchange.  Silver prices also fell sharply, losing $1.74, or 7.1%, to $22.79 a troy ounce.  The Final Word: Volatility is returning to the stock market ahead of the presidential election. A congressional statemate on new Covid-19 stimulus is unlikely to be broken before the election, leaving Americans hanging in the balance.   We'll talk soon, Trading Gods   Advertisement  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.](  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

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