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Friend , Stocks Post Best Weekly Rally in Months as Stimulus Talks Intensify| Tradinggods.net

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tradinggods.net

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john@tradinggods.net

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Fri, Oct 9, 2020 09:05 PM

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 Advertisement    Dear Trading God~ Contact.FirstName~  Stimulus optimism pushed U.S. stoc

[TradingGods.net Logo] Advertisement   7 Best to Buy and Hold Forever Have you ever passed over a company and later regretted not buying it? MarketBeat has identified 7 stocks that appear to be nothing special at first glance, but have truly incredible long-term prospects. These companies print billions of dollars in cash each year, yet many investors are ignoring them. Find out what the market is missing with MarketBeat's free report 7 Stocks to Buy & Hold Forever. [Click here to see the list now.](  Advertisement    Dear Trading God~ Contact.FirstName~  Stimulus optimism pushed U.S. stocks higher on Friday. The Dow and broader U.S. stock market advanced on Friday, capping off their best weekly gain in months amid reports that the White House was drafting a $1.8 trillion stimulus proposal.  All of Wall Street's major indices reported gains on Friday, with the Dow Jones Industrial Average (DIA) rising 161.46 points, or 0.6%, to 28,586.97.  The broad S&P 500 Index (SPY) of large-cap stocks gained 0.9% to close at 3,477.10. Eight of 11 primary sectors reported gains, with consumer discretionary companies leading the pack.  Meanwhile, the technology-focused Nasdaq Composite Index (QQQ) climbed 1.4% to settle at 11,57994.    A measure of implied volatility known as the CBOE VIX (VXX) approached four-week lows on Friday. The so-called "investor fear index" bottomed at 24.03 on a scale fo 1-100 where 20 represents the historical average. The VIX would eventually settle down 5.5% at 24.90.  Markets are optimistic that lawmakers will finalize a new stimulus deal before the Nov. 3 election. [The Wall Street Journal reported]( Friday that Treasury Secretary Steven Mnuchin is preparing a $1.8 trillion Covid-19 stimulus bill to counter the Democrats' $2.2 trillion proposal.  Earlier this week, President Trump ordered representatives to halt all negotiations until after the election. Trump later softened his stance on stimulus, telling his Twitter followers he was ready to sign piecemeal legislation that provides direct support to Americans.  The Final Word: The U.S. presidential elections will dominate the headlines over the next three weeks. Democratic candidate Joe Biden holds a commanding lead in the polls, but that might not translate into election day success.   We'll talk soon, Trading Gods     Advertisement  Free Retirement Trading Guide (PDF) Trading doesn's have to be complicated. In fact, half the battle is just showing up (at the right time). If you can be at your computer between 9:30-10:45am EST then you'll have an edge over those who can't trade at that time. This is what the Retirement Trade is all about. It's about being in the right place, at the right time, with the right strategy. [CLICK HERE for instant access.](  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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