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The Nasdaq experienced fluctuations throughout the day, initially turning positive with a 0.2% rise, but later declining by 0.5%. The S&P 500 closed down 0.2%, while the Russell 2000 saw a significant drop of 1.7%. The Dow Jones also fell by 0.9%. Overall, US stocks declined at the start of the biggest week of the Q3 earnings season, with the VIX increasing by 3% and front month futures VIX up 0.3%. Gold and WTI Crude Oil saw gains of 0.2% and 1.7%, respectively. The Bank Index fell by 1.8%.
🚨US STOCKS DECLINED TO KICK OFF THE BIGGEST WEEK OF THE Q3 EARNINGS SEASON🚨 Performance today: S&P 500 -0.2% Nasdaq +0.2% Russell 2000 -1.7% Dow Jones -0.9% Bitcoin -0.9% Bank Index -1.8% VIX +3%, front mth futures VIX +0.3% Gold +0.2% WTI Crude Oil +1.7% https://t.co/D0P4xfw1KU
*S&P 500 CLOSES DOWN 0.2%, NASDAQ RISES 0.2%
The dollar and yields are squeezing Bitcoin, biotech, and small caps a little today but the Bitcoin proxies are looking further out and are rallying in the face of it after a morning plunge. This is MASSIVELY bullish. Pay attention. This is how great fortunes are made. Strap in.
