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Friend U.S. Stocks Edge Higher on Positive Economic Data | Tradinggods.net

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tradinggods.net

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dan@tradinggods.net

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Thu, Dec 5, 2019 11:27 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 rise on data despite U.S.-China trade uncertainty. The U.S. stock market carved out narrow gains on Thursday, as investors monitored economic data and latest developments on the China trade front.  All of Wall Street's major indices recorded narrow gains. The Dow Jones Industrial Average (DIA) edged up 32,07 points, or 0.1%, to 27,681.85. The blue-chip index rose by as much as 96 points earlier in the session.  The large-cap S&P 500 Index (SPY) climbed 0.2% to close at 3,117.71. Gains were primarily concentrated in materials, information technology and financials stocks.  Meanwhile, the technology-focused Nasdaq Composite Index (QQQ) edged up 0.1% to 8,570.70.  A measure of 30-day volatility known as the CBOE VIX (VXX) edged slightly lower on Thursday, signaling calm on Wall Street. The so-called "investor fear index" reached an intraday low of 14.17 on a scale of 1-100 where 20 represents the historic average. It would eventually settle down 2.6% at 14.42.  In economic data, U.S. initial jobless claims plunged to fresh seven-month lows last week, easing fears of a slowing economy. The number of Americans filing for first-time unemployment benefits declined by 10,000 to a seasonally adjusted annual rate of 203,000 for the week ended Nov. 30, the Department of Labor reported Thursday. Analysts in a median estimate were calling for a slight increase.  Separately, the Commerce Department said October factory orders rose 0.3%, matching forecasts. Orders plunged 0.8% the previous month.  The Final Word: Stocks remain well supported near record highs, but conflicting signals about U.S.-China trade talks could weigh on risk assets. Investors are eyeing a 'phase one' trade deal by Dec. 15, when the next U.S. tariff hike is due.   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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