Free Trading Resources<\/strong><\/p>\n Have you checked out Jeff’s free trading resources on his website? It contains a selection of special reports, training videos, and a full trading glossary to help kickstart your trading career \u2013 at zero cost to you. Just click here<\/a> to check it out.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n On Friday, the VIX traded at 19.30. The VIX August 17 $20 call options – which were $0.70 out of the money – were offered at $1.00. Meanwhile, the VIX August 17 $20 puts – which were $0.70 in the money – were offered for $0.30.<\/p>\n In other words, traders were willing to pay more than 200% more for a VIX call option that was $0.70 out of the money than for a VIX put option that was $0.70 in the money. This tells us that traders who are making bets on the VIX expect the index to move higher over the next few days.<\/p>\n This sentiment is even more evident if you go out a little further and compare the VIX August 25 $20 calls to the VIX August 25 $20 puts. The calls traded Friday offered at $2.50, while the puts were only $0.25. (I use my trading quote system to track these prices, but you can find them at FreeRealTime.com<\/a>.)<\/p>\n VIX calls are far more expensive than the equivalent VIX put options.<\/p>\n So, VIX option traders clearly expect the index to move sharply higher between now and the end of August. And a rising VIX (rising volatility) usually accompanies a falling stock market.<\/p>\n So, if you’re making bullish bets right now, be careful. We have bearish signals from long-term, intermediate-term, and short-term indicators.<\/p>\n That doesn’t mean the market can’t press even higher from here. Heck, anything can happen…<\/p>\n But it does suggest the risk\/reward potential in the stock market now favors the bear.<\/p>\n Best regards and good trading,<\/p>\n Jeff Clark<\/p>\n P.S.<\/strong> During a speech at an investment conference in March, I presented a trading strategy I thought could work well in a difficult stock market environment – because it doesn’t depend on the overall direction of the market in order to be successful.<\/p>\n In just the past two months, this strategy has generated returns of 10% in one week, 30% in two weeks, and 75% in one day. And, I’m confident this strategy will be hugely profitable in the weeks and months ahead – regardless of what happens in the broad stock market.<\/p>\n Folks paid up to $1,795 to attend that conference in March. But, I’ll be presenting this strategy for FREE during a special presentation on Wednesday, August 17 at 8 p.m. ET.<\/p>\n To sign up for the presentation, just click right here to reserve your spot<\/a>.<\/p>\n <\/p>\n Do you think we\u2019re heading towards a bull or bear market?<\/p>\n\n
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<\/td>\n<\/tr>\n<\/table>\nReader Mailbag<\/strong><\/h2>\n