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Vince Vora provides videos 5 days a week and his many years of experience provides great wisdom on being a conservative trader.
In tonight's update, Vince covers:
1) Stocks opened lower on Friday but rallied in afternoon trading to close well off their lows. The Dow Jones Industrial Average dropped 70.92 points, the S&P 500 gained 13.58 points while the Nasdaq 100 closed higher by 77.31 points and the Russell 2000 finished higher by 25.78 points.
2) Bonds were under pressure again on Friday causing the yield on the 10-year treasury note to bump up to 2.863. Gold Futures were the beneficiary of widespread fear of a trade war and closed higher by 18.50 points while Crude Oil Futures finished higher by $0.46 and the U.S. dollar traded lower for the second straight session.
3) This will be another very important week for economic news. We will start the week with the PMI Services Index report and ISM Non-Manufacturing report and end the week with wholesale trade and the all-important Employment Situation report.
To watch video http://bit.ly/TradingWinsMarch042018
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