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Friend U.S. Stocks Slide amid Oil Crash Tradinggods.net

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tradinggods.net

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dan@tradinggods.net

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Fri, Nov 29, 2019 09:58 PM

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Is art a good investment? Billionaire investors like Steve Cohen and David Geffen certainly think so

[TradingGods.net Logo]     ****Advertisement*****   [Join an exclusive community who found a better alternative to stocks]( Is art a good investment? Billionaire investors like Steve Cohen and David Geffen certainly think so. With double-digit returns in 2018, art was called "the best investment of 2018" by WSJ. Masterworks is an exclusive platform that gives investors direct exposure to blue-chip art by selling shares in paintings by Andy Warhol, Claude Monet, etc. [Limited investor spots are available - request membership today.](    *****Advertisement*****   Dear Trading God Friend  Stocks slide as oil rout intensifies. The U.S. stock market tumbled on Friday, as reeling oil prices dragged energy companies along for the ride.  All of Wall Street's major indices headed lower on Friday. The Dow Jones Industrial Average (DIA) fell 112.59 points, or 0.4%, to 28,051.41.  The broad S&P 500 Index (SPY) declined 0.4% to close at 3,140.98. All 11 major sectors finished in negative territory, with energy shares leading the decline. Consumer discretionary stocks were a close second, followed by industrials and materials.  Meanwhile, the technology-focused Nasdaq Composite Index (QQQ) declined 0.5% to settle at 8,665.47.  A measure of implied volatility known as the CBOE VIX (VXX) rose on Friday, as the normally calm trading conditions on Wall Street eroded slightly. The so-called "investor fear index" touched a session high of 12.83 on a scale of 1-100 where 20 represents the historic average. It would eventually settle at 12.62, having gained 7.4%.  In commodity markets, oil prices tanked on Friday amid news that OPEC's biggest members aren't willing to extend output cuts - something that would exacerbate the supply glut.  The West Texas Intermediate (WTI) benchmark for U.S. crude futures plunged $2.69, or 4.6%, to $55.42 a barrel on the New York Mercantile Exchange. ICE Brent, the global benchmark, declined $1.44, or 2.3%, to $62.43 a barrel.  The Final Word: Stocks remain in a prolonged uptrend - one that could extend into early next year. The only thing threatening Wall Street's continued rally is a recession or major breakdown in U.S.-China trade talks. At this stage, the latter seems more likely.    We'll talk soon,  Dan  Dan The Trading God      *****Advertisement*****   [We Found $210,000 In Gains In October]( We'll Top That In November! Savvy traders know that the holiday season is anything but a slowdown for highly profitable trades - if you know where to find them. Use Options to manage your risk and the massive computing power of AI to find profitable trades, see trend changes up to 3 days beforehand with up to 86% accuracy whatever the market conditions. [FREE Options eBook + LIVE TRAINING](  *****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

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