Hello MarketClub members everywhere. Let's take a look at the stellar quarter that was for stocks and the indices. The Dow will finish the quarter up +4.7%, the S&P 500 +5.7% and the NASDAQ with the biggest gain standing at +10% followed closely by gold, which ended with a gain of +8%.
The two markets that suffered and failed to make gains were the U.S. Dollar which lost -2% and of course crude oil, which dropped -9% for the quarter.
A trade that I've highlighted a few times this quarter is Alibaba Group Holding Limited (NYSE:BABA). The Trade Triangle got long based on a new green monthly Trade Triangle on 2/22/17 and had a positive gain of +3.5% for the quarter.
Key levels to watch this week:
S&P 500 (CME:SP500): 2,390.01
Dow (INDEX:DJI): 21,000.11
NASDAQ (NASDAQ:COMP): 5,928.06
Gold (FOREX:XAUUSDO): 1,254.14
Crude Oil (NYMEX:CL.K17.E): 50.56
U.S. Dollar (NYBOT:DX.M17.E): 101.63
Every Success,
Jeremy Lutz
INO.com and MarketClub.com
