Friend, U.S. Stocks Plunge on China Growth Concerns; S&P 500 Hits Eight-Month Low | Tradinggods.net

[TradingGods.net Logo] ****Advertisement***** [Bloodbath Millionaire System Reveals How to Make 10%-30% a Week on Tanking Stocks]( If you're interested in winning 90% of your trades and turning huge profits in down markets, you need to download this FREE e-book explaining how to become a Bloodbath Millionaire. [More here...]( *****Advertisement***** Dear Trading God Friend, China roils Wall Street; stocks plunge. U.S. stocks plunged on Friday, as a batch of dismal Chinese growth figures cast doubts about the health of the world’s second-largest economy. All of Wall Street’s major indices recorded heavy losses. The Dow Jones Industrial Average (NYSEARCA:DIA) fell 496.87 points, or 2%, to 24,100.51. The much broader S&P 500 Index (NYSEARCA:SPY) closed down 1.9% at 2,599.95. All 11 primary sectors finished in the red. Meanwhile, the technology-focused Nasdaq Composite Index (NYSEARCA:QQQ) declined 2.3% to 6,910.67. The CBOE Volatility Index (NYSEARCA:VXX), also known as the VIX, rose 7.3% to 22.16 on a scale of 1-100 where 20 represents the historic mean. In economic data, Chinese retail sales slowed in November to their weakest rate in over 15 years, underscoring fears of a broad economic cool down in the world’s largest economy. Retail sales expanded just 8.1% annually in November, government data showed Friday. Analysts in a median estimate called for a gain of 8.8% after October’s reading of 8.6%. Meanwhile, Chinese industrial output growth slowed to just 5.4% year-over-year, down from 5.9% the month before. U.S. retail sales edged 0.2% in October, the Commerce Department reported Friday. Separately, industrial production jumped 0.6% for the same month, double what analysts had expected. The Final Word: A slowdown in China will only accelerate the outflow from stocks that has taken place over the last three months. According to Bank of America Merrill Lynch, the exodus from U.S. stocks through Dec. 12 has been the second-largest in history. Since peaking in late September, roughly $4 trillion has been wiped off U.S. equity values. Watch for our last webinar sale starting this week! We'll talk soon, Dan Dan The Trading God *****Advertisement***** [Palm Beach Millionaire Stuns Live Audience]( The Audience GASPED when he revealed how you could collect 100% on your savings every year...for life. [See for yourself in this video footage.]( *****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