Friend U.S. Stocks Slide as China Trade Doubts Emerge | Tradinggods.net

[TradingGods.net Logo] ****Advertisement***** [A stock that yields 67% a year? Really?]( If you're happy with stocks yielding you 4% or 5% a year, you don't need this. But if you want to see how we built a portfolio that now pays us a 67% cash on cash return - with no leverage, options, or gimmicks. [Then go here ASAP.]( *****Advertisement***** Dear Trading God Friend, Stocks drift lower as investors begin to doubt U.S.-China trade deal. The U.S. stock market traded lower on Monday after Chinese state media poured cold water on hopes that Washington and Beijing were moving towards a comprehensive trade agreement. The Dow Jones Industrial Average (NYSEARCA:DIA) tumbled 30.38 points, or 0.1%, to 26,786.21 The broad S&P 500 Index (NYSEARCA:SPY) drifted 0.1% lower to settle at 2,966.20. Losses were mainly concentrated in materials and utilities. Meanwhile, the technology-laden Nasdaq Composite Index (NYSEARCA:QQQ) closed down 0.1% at 8,048.65. A measure of 30-day volatility known as the CBOE VIX (NYSEARCA:VXX) drifted lower at the start of the week. VIX bottomed at 14.72 on a scale of 1-100 where 20 represents the historic average. The so-called "fear index" would eventually settle down 4.2% at 14.92. As CNBC reported Monday, China wants to have more trade talks before signing what President Trump characterized as a "very substantial phase one deal." Over the weekend, an op-ed from the China Daily said: “While the negotiations do appear to have produced a fundamental understanding on the key issues and the broader benefits of friendly relations, the Champagne should probably be kept on ice, at least until the two presidents put pen to paper.” Additional talks between the two superpowers hasn't been planned yet. The Final Word: Monday was a quiet session on Wall Street, as investors continued to assess the merits of President Trump's phase one trade deal. Activity will likely increase later in the week as attention shifts to corporate earnings and economic data. We'll talk soon, Dan Dan The Trading God *****Advertisement***** [16 Stocks to Boost Your Portfolio]( Trade wars, interest rate cuts and the political circus are dominating the headlines and creating nerve-wracking market volatility. In response to this critical time, renowned growth investor, Louis Navellier, has just released a timely report with his Q4 market analysis and 16 stocks to boost your portfolio in the coming months. [Download your copy of this brand-new report before October 22.]( *****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