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FriendStocks Finsih Mostly Higher; S&P 500 Approaches Record High| Tradinggods.net

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tradinggods.net

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john@tradinggods.net

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Mon, Aug 17, 2020 10:15 PM

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[TradingGods.net Logo]     ****Advertisement*****   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! [CLICK HERE for instant access.](                                            *****Advertisement*****   Dear Trading God Friend,   Stocks finished mostly higher on Monday as discretionary companies soared. U.S. stocks finished mostly higher on Monday, as the S&P 500 Index (SPY) edged closer to record highs.  Wall Street's major indices finished mixed, with the S&P 500 Index rallying 0.3% to close at 3,382.09.  Seven of 11 primary sectors reported gains, with consumer discretionary leading the pack. Information technology, healthcare and consumer staples also outperformed the broader market.  On the opposite side of the spectrum, financials declined sharply. Energy and industrials also finished lower.  The technology-focused Nasdaq Composite Index (QQQ) soared 1% to 11,129.73, a new all-time high.  Meanwhile, the Dow Jones Industrial Average (DIA) fel 85.57 points, or 0.3%, to 27,845.45.  A measure of implied volatility known as the CBOE VIX (VXX) edged slightly lower on Monday. The so-called "investor fear index" traded between 21.67 and 22.82 on a scale of 1-100 where 20 represents the historic average. The VIX settled down 2.3% at 21.55.  In economic data, the New York Empire State Manufacturing Index declined sharply in August, a sign that regional factory activity was waning. The index came in at 3.7, down from 17.2 in July.  Separately, the National Association of Home Builders said hosing market conditions improved in August. The housing market index of homebuilder sentiment improved to 78 from 72 in July.  The Final Word: Stocks have recovered all of their pandemic-induced declines, as investors continue to feed off Federal Reserve liquidity. The Covid-19 pandemic isn't going away anytime soon, with more than 5.4 million confirmed cases in the United States alone.   We'll talk soon, Trading Gods                             *****Advertisement****   System Used by Top 1% Investors to Pick Winning Stocks Most of the world's richest investors totally ignore company fundamentals like P/E ratios. Those metrics have NOTHING to do with what makes stocks rise or fall. One indicator is far more accurate -- but less than 1 in 1,000 investors have ever heard of it. [This is how wealth is really made in the stock market today.](     *****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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