Hello MarketClub members everywhere. The indexes are trading in a narrow range as the shortened trading week comes to an end and the big banks kicked off earnings season. The Dow is down 85 points, the S&P 500 and NASDAQ are little changed on the day.
Risk-off trades have been all the rage this week, with gold, Treasury's and the Japanese yen all tracking for gains.
Key levels to watch this week:
S&P 500 (CME:SP500): 2,378.36
Dow (INDEX:DJI): 20,887.50
NASDAQ (NASDAQ:COMP): 5,769.39
Gold (FOREX:XAUUSDO): 1,254.94
Crude Oil (NYMEX:CL.K17.E): 52.70
U.S. Dollar (NYBOT:DX.M17.E): 98.67
Every Success,
Jeremy Lutz
INO.com and MarketClub.com
