Hello MarketClub members everywhere. The market is relatively unchanged today after erasing earlier losses as real estate and technology turned higher and traders turned their eyes to comments from several Federal Reserve officials.
The U.S. central bank raised interest rates for the second time in three months last week, but the "dot plot" that shows each member's expectations for where rates will be in coming years changed little from the last meeting.
Key levels to watch this week:
S&P 500 (CME:SP500): 2,354.54
Dow (INDEX:DJI): 20,774.76
NASDAQ (NASDAQ:COMP): 5,812.08
Gold (FOREX:XAUUSDO): 1,263.58
Crude Oil (NYMEX:CL.K17.E): 49.71
U.S. Dollar (NYBOT:DX.M17.E): 99.14
Every Success,
Jeremy Lutz
INO.com and MarketClub.com
buy us dollar today
Konrad, remember half the country voted for him, so it's not for us to hope he gets impeached. Let's hope he improves and does some good for this country. I hope you don't think that way when you trade. It's not a good idea for traders to interject their feelings into their trading. Use what the market givens you. Don't interject!
Hi Jeremy, thank you for your comments on the market. Having not heard from Adam for such a long time, one can't help becoming concerned about his wellbeing. I hope nothing is wrong.
Looking at the developments in the USA, one can only hope that there are procedures in place to have Trump removed before the respect people had for America disappears completely and before we are all plunged over the edge of a clif.
All the best, Konrad.
Hi Konrad,
All is well with Adam. He’s currently on one his annual trips to escape the excessive cold that we usually endure this time of year.
Once he returns he’ll be posting in video and written form as things peak his interest in the markets.
Thanks,
Jeremy