{"id":47556,"date":"2018-08-20T13:06:50","date_gmt":"2018-08-20T17:06:50","guid":{"rendered":"https:\/\/www.ino.com\/blog\/?p=47556"},"modified":"2018-08-20T13:06:50","modified_gmt":"2018-08-20T17:06:50","slug":"bitcoin-cmebrti-crude-oil-nymexcl-v18-e-dow-indexdji-gold-nymexgc-z18-e-nasdaq-nasdaqcomp-sp-500-cmesp500-u-s-dollar-nybotdx-u18-e","status":"publish","type":"post","link":"https:\/\/wwwtest.ino.com\/blog\/2018\/08\/bitcoin-cmebrti-crude-oil-nymexcl-v18-e-dow-indexdji-gold-nymexgc-z18-e-nasdaq-nasdaqcomp-sp-500-cmesp500-u-s-dollar-nybotdx-u18-e\/","title":{"rendered":"Trade Talk Optimism Puts Record High In Sight"},"content":{"rendered":"

Hello traders everywhere. After a strong finish to last weeks trading the stock market once again opened within striking distance of the S&P 500's all-time high set on on Jan. 26 of this year. In fact, it was sitting just 15 pts shy of that mark in early trading but has since backed off a touch as we enter afternoon trading. However, that's proven to be a tough level to crack. <\/p>\n

The reason for last week's mid-week reversal was due to reports of planned trade talks between the United States, and China raised hopes of a potential resolution in the ongoing trade war. Lower-level trade talks will be held on Aug. 22 and 23, according to the Wall Street Journal, just as new U.S. tariffs on $16 billion of Chinese goods take effect, along with Beijing's retaliatory tariffs on an equal amount of U.S. goods.<\/p>\n

\"Trade<\/a> <\/p>\n

This week could also be record-setting for the U.S. stocks market for another reason. On Wednesday, the bull market turns 3,453 days old. Barring a 20% decline between now and then, some investors believe it would mark the most extended bull market in history while other investors think that the S&P 500 needs to make a new high by Wednesday for it to become the longest bull market in history. No matter what, the S&P 500 is up over 300% in that time. Quite unbelievable! <\/p>\n

Key Events Coming Up This Week:<\/h2>\n