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Friend U.S. Stocks Surge on Better than Expected Jobs Numbers | Tradinggods.net

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tradinggods.net

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dan@tradinggods.net

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Fri, Dec 6, 2019 09:55 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 surge on solid employment numbers. The U.S. stock market pounded higher on Friday after a stronger than expected jobs report eased concerns about a slowing economy.  All of Wall Street’s major indices recorded huge gains. The Dow Jones industrial Average (DIA) jumped 336.90 points, or 1.2%, to 28,014.69.  The broad S&P 500 Index (SPY) gained 0.9% to 3,145.90, erasing losses for the week. Ten of 11 primary sectors contributed to the rally, with energy leading the pack. Financials, industrials and materials also outperformed the benchmark.  Meanwhile, the technology-focused Nasdaq Composite Index (QQQ) surged 1% to finish at 8,656.53.  A measure of implied volatility known as the CBOE VIX (VXX) declined in the final session of the week, signaling upbeat trading conditions on Wall Street. The so-called “investor fear index” touched an intraday low of 13.19 on a scale of 1-100 where 20 represents the historic average. It would eventually settle down 6.9% at 13.52.  On the data front, U.S. employers added more workers than expected in November as unemployment fell, easing fears of a slowing economy.  Nonfarm payrolls increased 266,000 in November and the unemployment fell to a 50-year low of 3.5%, the Department of Labor reported Friday. Average hourly earnings increased 3.1% year-over-year.  Analysts in a median estimate were calling for nonfarm payrolls to increase by 180,000 and for the jobless rate to remain steady at 3.5%. Wages were projected to increase 3% annually.  The Final Word: The official nonfarm payrolls numbers deviated sharply from the dismal ADP report on Wednesday. ADP said the pace of hiring slowed to 67,000 in November, which was less than half what analysts had expected.   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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