FriendU.S. Stocks Mostly Higher as Housing Starts Surge| Tradinggods.net

[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 Tuesday following another batch of solid housing data. U.S. stocks traded mostly higher on Tuesday after government data showed another surprise uptick in housing activity.  Wall Street's major indices diverged by the close, with the Dow Jones Industrial Average (DIA) falling 67.32 points, or 0.2%  The broad S&P 500 Index (SPY) of large-cap stocks rose 0.2% to close at 3,389.79.  Four of 11 primary sectors reported gains, with consumer discretionary companies leading the pack. Communication services and consumer staples also rose sharply. Gains in these sectors helped to offset sharp losses among energy companies.  Meanwhile, the technology-focused Nasdaq Composite Index (QQQ) advanced 0.8% to 11,217.97, a new all-time high.  A measure of implied volatility known as the CBOE VIX (VXX) maintained its range-bound trading structure on Tuesday. The so-called "investor fear index" drifted between 21.18 and 22.55 on a scale of 1-100 where 20 represents the historic average. It would eventually settle up 0.5% at 21.46.   In economic data, U.S. housing starts and building permits soared in July, offering the latest sign that Americans are reentering the housing market.  Groundbreaking on new housing projects surged 22.6% in July to a seasonally-adjusted annual rate of 1.496 million, the Department of Commerce reported Thursday. With the gains, the pace of housing starts is now 7% lower than the pre-pandemic high.  Building permits, a proxy for future construction plans, jumped 18.8% to a seasonally-adjusted annual rate of 1.495 million, official data showed.  The Final Word: The U.S. housing market has weathered the storm of Covid-19. A severe lack of housing inventory is keeping prices elevated, which could impact first-time buyers despite record-low mortgage rates.   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