Friend U.S. Stocks Hold Near Record Highs as Attention Shifts to Data | 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,  Stocks finish mixed on Thursday; U.S.-China trade talks, economic data in focus. The U.S. stock market traded mixed on Thursday, as uncertainty over China trade talks weighed on investors’ sentiment.  All of Wall Street’s major indices finished around break-even The Dow Jones Industrial Average (DIA) settled at 27,782.92, where it was virtually unchanged.  The broad S&P 500 Index (SPY) edged up 0.1% to 3,093.73, a new record high.  Meanwhile, the technology-focused Nasdaq Composite Index (QQQ) pared losses to settle flat at 8,479.02.  A measure of implied volatility known as the CBOE VIX (VXX) rose on Thursday, reaching its highest level in three weeks. The so-called “fear index” peaked at 13.81 on a scale of 1-100 where 20 represents the historic average. It would eventually settle at 13.07, gaining 0.5%.  In economic data, U.S. producer inflation rose faster than expected in October, a sign that the Federal Reserve’s rate-cutting strategy was having its desired effect.  The producer price index (PPI) improved 0.4% in October, the Labor Department reported Thursday. In annualized terms, PPI rose 1.1%.  Core PPI rose 0.3% in October and 1.6% annually, official data showed.  Separately, the Labor Department said initial jobless claims rose by 14,000 to a seasonally adjusted 225,000 in the week ended November 9. Analysts were expecting a rise to 215,000.  The Final Word: Economic data will remain the focus on Friday, with U.S. retail sales and industrial production scheduled for release. The latest indicators of economic health will give investors more insights into the U.S. economy at the start of the fourth quarter.    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