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Options Trading System With A 94.8% Win-Rate On Last 727 Trades
The key to being consistently profitable as a trader is to focus on high-probability trades. And in this powerful eBook by Dave Acquino, titled The Ultimate Income Trading System, you'll see exactly how Dave and so many of his students do just that. They make 4%, 5% or 6% on each trade and they're in the trade for just 11 hours.
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Dear Trading God Friend, Â
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Technology stocks lead a broad-based market rally on Wednesday.
The Dow and broader U.S. stock market rallied on Wednesday, recovering some of Tuesday's large drop as investors looked ahead to corporate earnings season.
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All of Wall Street's major indices reported gains, with the Dow Jones Industrial Average (DIA) rallying 177.10 points, or 0.7%, to 26,067.28.
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The broad S&P 500 Index (SPY) of large-cap stocks advanced 0.8% to close at 3,169.94. Gains were concentrated in five of 11 primary sectors, with information technology leading the pack. Consumer discretionary shares also outperformed, as did communication services and utilities.
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On the opposite side of the ledger, shares of materials companies declined sharply.
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Surging tech shares lifted the Nasdaq Composite Index (QQQ) to higher ground. The benchmark rose 1.4% to finish at 10,492.50.
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The CBOE Volatility Index (VXX), commonly known as the VIX, declined on Wednesday. The so-called "investor fear index" fell to a session low of 27.24 on a scale of 1-100 where 20 represents the historical average. It would eventually settle down 3.8% at 28.32.
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On the commodities front, gold prices surged to nine-year highs as investors continued to hedge against economic and financial risks. Gold futures peaked at $1,829.80 a troy ounce on the Comex division of the New York Mercantile Exchange. That was the highest since 2011. The yellow metal would settle up $9.10, or 0.5%, at $1,819.00.
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Silver also rallied sharply, gaining 44 cents, or 2.4%, to $19.14 a troy ounce.
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The Final Word: U.S. virus cases crossed 3 million on Wednesday, a clear sign that the pandemic is not being contained. The rapidly spreading coronavirus is causing many states to reverse reopening plans.Â
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We'll talk soon, Â
Dan
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Dan The Trading God
You Could Make $300 to $1100 Per Contract With This Simple Trade
Imagine getting really good at mastering just ONE simple trade. A trade that appears like clockwork between 9:30-10:45am on most trading days. This free step-by-step guide, by options expert, Dave Acquino, shows you how to spot and take these trades so you can walk away with daily profits!
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