Friend melt up mostly continues | Tradinggods.net

[TradingGods.net Logo]     ****Advertisement*****   [How to Retire Starting With $20]( Bill O'Reilly and a legendary stock picker just revealed the only way to retire rich starting with $20. [Details here.](    *****Advertisement*****   Dear Trading God Friend,  U.S. stocks resume record-setting gains as China trade deal appears imminent.  The U.S. stock market surged to record highs last week on the back of renewed optimism that the United States and China were in the final stages of solidifying an interim trade deal.  Wall Street’s major indices traded mixed-to-higher on Friday. The S&P 500 Index climbed 0.3%, the Dow Jones Industrial Average flat-lined and the Nasdaq Composite finished 0.5% higher.  For the entire week, the S&P 500 advanced 0.9%, the Dow climbed 1.2% and the Nasdaq finished 1.1% higher.   The CBOE VIX Volatility Index, commonly known as the VIX, fell 5.2% on Friday to settle at 12.07 on a scale of 1-100 where 20 represents the historic average. For the week, the so-called “fear index” finished down 1.9%.  The Nov. 10 edition of the VIX Trader webinar is available [here](.  U.S.-China trade deal optimism lifted stocks last week amid reports that both sides had agreed to roll back tariffs as part of a phase-one agreement.  However, President Trump later poured cold water on that speculation by stating he has not agreed to reduce tariffs on Chinese imports  In economic data, U.S. factory orders declined 0.6% in September. Washington’s trade deficit during the same month was unchanged at $52.5 billion.  PMI data courtesy of the Institute for Supply Management (ISM) showed a sharp acceleration in U.S. services activity for the month of October.  The Final Word: Bond yields show the possibility of recession over the horizon. Against this backdrop, options spreads continue to offer opportunity.   We'll talk soon,  Dan  Dan The Trading God      *****Advertisement*****   [Take a Look at This Strange Device]( Lynchpin DeviceIt can fit in the palm of your hand... Weighs less than a can of soup... And uses less energy than a night light. But it could change EVERYTHING. [Discover its astonishing power now...](  *****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