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Friend Consumer Stocks Lead Wall Street Higher Tradinggods.net

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tradinggods.net

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dan@tradinggods.net

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Tue, Nov 26, 2019 09:35 PM

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Is art a good investment? Billionaire investors like Steve Cohen and David Geffen certainly think so

[TradingGods.net Logo]     ****Advertisement*****   [Join an exclusive community who found a better alternative to stocks]( Is art a good investment? Billionaire investors like Steve Cohen and David Geffen certainly think so. With double-digit returns in 2018, art was called "the best investment of 2018" by WSJ. Masterworks is an exclusive platform that gives investors direct exposure to blue-chip art by selling shares in paintings by Andy Warhol, Claude Monet, etc. [Limited investor spots are available - request membership today.](    *****Advertisement*****   Dear Trading God Friend  Stocks extend record rally thanks to consumer companies. The U.S. stock market rose on Tuesday, but finished well off session highs, as investors looked ahead to economic data ahead of Thanksgiving holidays.  All of Wall Street’s major indices set new record highs on Tuesday. The Dow Jones Industrial Average (DJIA) rose 54.19 points, or 0.2%, to 28,120.66. The blue-chip index was up by more than 150 points earlier in the session.  The large-cap S&P 500 Index (SPY) gained 0.2% to settle at 3,140.41. Most primary sectors reported gains, with consumer stocks leading the pack. On the opposite side of the ledger, energy companies declined sharply.  Meanwhile, the technology-focused Nasdaq Composite Index (QQQ) jumped 0.2% to finish at 8,647.93.  A measure of implied volatility known as the CBOE VIX (VXX) hovered within a narrow trading range on Tuesday, signaling calm trading conditions for Wall Street. The so-called “investor fear index” traded between 11.42 and 12.04 on a scale of 1-100 where 20 represents the historic average. It would eventually settle at 11.76, where it was little changed.  In economic data, U.S. new home sales declined unexpectedly in October. New home sales fell 0.7% to a seasonally adjusted annual rate of 733,000, the Department of Commerce reported Tuesday.  The disappointing reading was tempered by a sharp upward revision to the September figures. The Commerce Department said new home sales rose 4.5% in September after initially reporting a 0.7% decline.  Separately, the Federal Housing Finance Agency (FHFA) said housing prices rose much faster than expected in September. The housing price index climbed 0.6% from a month earlier versus expectations of a 0.2% increase.  The Final Word: Economic data will remain in focus on Wednesday. The U.S. government is scheduled to report on durable goods orders, personal incomes and outlays and revised GDP.   We'll talk soon,  Dan  Dan The Trading God      *****Advertisement*****   [We Found $210,000 In Gains In October]( We'll Top That In November! Savvy traders know that the holiday season is anything but a slowdown for highly profitable trades - if you know where to find them. Use Options to manage your risk and the massive computing power of AI to find profitable trades, see trend changes up to 3 days beforehand with up to 86% accuracy whatever the market conditions. [FREE Options eBook + LIVE TRAINING](  *****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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