Friend U.S. Stocks Hit New Highs on China Trade Optimism | 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 resume record-setting rally on U.S.-China trade optimism. The U.S. stock market rallied sharply on Friday, as investors clung to hopes of an overarching trade agreement between the United States and China.  All of Wall Street’s major indices closed at record highs Friday. The Dow Jones Industrial Average (DIA) rallied 222.93 points, or 0.8%, to 28,004.89.  The large-cap S&P 500 Index (SPY) jumped 0.8% to close at 3,120.46. Ten of 11 primary sectors finished in positive territory, with health care leading the pack. The sector rallied 2.2% during the session.  Shares of information technology companies also rose sharply, adding 0.8% as a group.  The technology-focused Nasdaq Composite Index (QQQ) advanced 0.7% to settle at 8,540.83.  A measure of 30-day volatility known as the CBOE VIX (VXX) turned lower on Friday, signaling renewed calm on Wall Street. The so-called “fear index” touched an intraday low of 11.92 on a scale of 1-100 where 20 represents the historic average. VIX would eventually settle down 8.1% at 11.9.  In economic data, U.S. retail sales rose 0.3% in October, the Department of Commerce reported Friday. Separately, the Federal Reserve reported that industrial production plunged 0.8% in October as capacity utilization fell to 76.7%. Both figures were well below forecasts.  The Atlanta Fed is projecting another dismal quarter for the U.S. economy. Based on the latest GDP estimates, the regional central bank is forecasting annual growth of just 1% between October and December. That's well below the previous three quarters.  The Final Word: White House economic adviser Larry Kudlow said late Thursday that negotiations between the U.S. and China were coming down to the final stages. Negotiators are likely targeting December for a preliminary deal, as that’s when President Trump and China’s Xi Jinping are scheduled to meet.    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