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Friend, Stocks Sputter as Attention Shifts to Stimulus ReliefTradinggods.net

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tradinggods.net

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john@tradinggods.net

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Thu, Jan 14, 2021 10:31 PM

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   Dear Trading God~ Contact.FirstName~  U.S. stocks headed for modest declines on Thursday.

[TradingGods.net Logo] Advertisement   Startup Raises Over $51M to Tackle the Retirement Industry With over 110 million Americans over age 50, this Princeton grad's startup just raised another $28m in funding to help people conquer retirement. [Learn more.](    Dear Trading God~ Contact.FirstName~  U.S. stocks headed for modest declines on Thursday. The Dow and broader U.S. stock market traded lower on Thursday, as investor turned their attention to ongoing stimulus talks at the Capitol.  The Dow Jones Industrial Average (DIA) fell 68.95 points, or 0.2%, to 30,991.52.  The broad S&P 500 Index (SPY) of large-cap stocks declined 0.4% to close at 3,795.54.  Meanwhile, the technology-focused Nasdaq Composite Index (QQQ) declined 0.1% to settle at 13,112.64.    A measure of implied volatility known as the CBOE VIX (VXX) edged higher on Thursday. The so-called "investor fear index" reached an intraday high of 23.16 on a scale of 1-100, where 20 represents the historical average. It would eventually settle up 2.3% at 22.72.  On the commodities front, oil prices rose on Thursday, with U.S. West Texas Intermediate futures gaining 70 cents, or 1.3%, to $53.61 a barrel. Brent crude, the international futures benchmark, rose 34 cents, or 0.6%, to $56.40 a barrel.  In economic data, initial jobless claims spiked last week. The number of Americans filing for first-time unemployment benefits reached 965,000 in the week ended January 9, the Department of Commerce reported Thursday. That's up from 784,000 the prior week.  The Final Word: Stimulus relief was top of mind for investors on Thursday, as President-elect Joe Biden prepares to reveal details about a forthcoming relief bill. With Democratic control of the White House and Congress, there should be more opportunities to expand relief programs in the coming months.  We'll talk soon, Trading Gods   [P.S. You can join us for just $9 and start options spread trading tomorrow!](  Advertisement  The Beginner's Guide to Retirement Stocks Are you looking toward your retirement, but feel underprepared? MarketBeat has identified seven stocks that every retiree should consider for their portfolio. These stocks will provide you income throughout your lifetime and could help secure your financial future. [Click here to get your free guide.](  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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