Friend, More new records

[TradingGods.net Logo]    [Free Report: Volatility Is Creating Great ‘Buy The Dip’ Opportunities For These Three Solid Cryptos]( *By clicking this link you will automatically be subscribed to Wealth Creation Investing [(Privacy Policy/Disclosures)](  Dear, Friend  Stocks rally to new all-time highs on strong earnings.  The Dow and broader U.S. stock market set fresh record highs last week, as strong corporate earnings fueled risk appetite on Wall Street.  Wall Street’s major averages finished higher on Friday.  The Dow Jones Industrial Average rose 0.3%, the S&P 500 Index gained 0.2% and the Nasdaq Composite finished 0.3% higher.  For the month of October, the Dow rose 4.4%, the S&P 500 advanced 5.7% and the Nasdaq finished 6.4% higher.       The CBOE VIX Volatility Index, commonly known as the VIX, declined 1.6% on Friday to settle at 16.26 on a scale of 1-100 where 20 represents the historic average.  For the week, the so-called “fear index” rose 5.4%.    Equity markets continued to rally last week on the back of strong corporate earnings. So far, more than a quarter of S&P 500 companies have reported third-quarter results. Their blended earnings growth rate is 32.7%, according to financial research firm FactSet.  In economic data, U.S. new home sales increased by 14% in September, reaching an annual pace of 800,000, according to Commerce Department.  Durable goods orders fell 0.4% in September, though the category for business spending plans improved by 0.8%. Meanwhile, initial jobless claims fell by 10,000 to a seasonally adjusted annual pace of 281,000 for the week ended Oct. 23.  The Final Word: Volatility is trading below the historic average, which is a positive sign for stocks. Against this backdrop, options spreads continue to offer opportunity. Green Flag conditions prevail!   I hope you're doing well. Today is Halloween which marks the beginning of the "best six months of the year," according to historical seasonality. The upcoming week will be pivotal. Lots of earnings reports and the Fed meeting on Tuesday-Wednesday which is expected to begin the long dreaded "taper" of the Fed asset purchase plan.  Our trading strategy remains the same, focused on our core strategy of selling weekly Iron Condors and vertical credit spreads in one, two and three day trades. We also have a bull debit spread in QQQ which is doing well. The markets remain in "green flag" mode with bullish technical indicators across the board.  My wife and I have been in California this week, visiting our Navy F-18 fighter pilot son, and having a great time with him and his dog, a yellow lab that he rescued while he was in pilot training in Mississippi.  We've been "dog sitting the Grand Dog" in Oregon as he has been gone a lot with his duties, so it's always a joy to be able to see him and get "dog and Dad" together.  Yesterday, we drove to the beach near Hearst Castle,where it was a foggy, spooky day, appropriate for Halloween, and played fetch with Daisy, the "big yellow dog," and then had a great outdoor dinner under a heater at our favorite restaurant in San Luis Obispo. It was one of those days in life that we'll always remember, and I hope that you have many days like that in your past and fuure.  This week, as always, we will continue working with our subscribers to be successful options traders to generate consistent income and net worth growth. While there are challenges ahead, opportunities abound.  Have a great week wherever you are, and I hope to see you in tomorrow night's Members Only Workshop.   All the best, John Publisher Trading Gods   [New Report Reveals The No. 1 Income-Producing Stock Of 2021 (Click Here To Download It Free)]( *By clicking this link you will automatically be subscribed to Conservative Investing News [(Privacy Policy/Disclosures)](  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