U.S. Equity markets surged again, finishing the day higher led by the Dow which closed +2.05% while the S&P finished 1.78% higher. Markets rose as the focus shifted to the 2020 presidential election. Democratic nominee Joe Biden continues to maintain his lead in national polls over President Donald Trump, spurring hopes for a blue wave and a large Stimulus package approval after the election. By the time you read my Daily Commentary you will know who won the election. In terms of Economic Data, Factory Orders beat estimates, driven by demand for computers and other electronic products. This is another good sign for the economic recovery. On the COVID-19 front, Massachusetts introduced new restrictions in an attempt to halt the spread of the virus. Meanwhile, European Indices also closed higher. National governments are adopting mass Coronavirus testing in an effort to isolate and contain the resurgence in infections. The Italian government was said to be readying another $1.76 billion in funding for businesses as it prepared to introduce new regional lockdown measures. Russia’s Oil Minister Alexander Novak met with local companies to discuss the delay of production increases planned for January. Elsewhere, Oil closed 2.74% higher as Crude rose with risk assets, while the Dollar closed 0.5% weaker. Just as I head to bed, Trump has won Florida and is on course to be re-elected. The S&P is trading 60 Handles higher on this news while the Dollar is stronger.

To mark my 2175th issue of TraderNoble Daily Commentary I am offering a special 2 year rate of Euro 2750 for my Platinum Service which includes 1 to 4 updated emails throughout the trading day To demonstrate this value, a monthly subscription over the same period would cost 4440 euro in total This offer represents a 38% discount and is open to both new and existing members. If anyone is interested in this offer can you please email me on bryan@tradernoble.com for details

For anyone following my Platinum Service it made 130 points yesterday and is now ahead by 267 points for November having made 2779 points in October, 3042 points in September, 2383 points in August, 3128 points in July, 2580 points in June, 2456 points in May, 4773 points in April, an incredible 9264 points in March, 2223 points in February and 2142 points in January. Since I started this New Platinum Service in June 2015 it has averaged a monthly gain of over 1600 points

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