Hello MarketClub members everywhere. The stock market has started off the new trading week with gains as Wall Street readies for the start of the third-quarter earnings season, awaits more news from the Federal Reserve and watches politics as the presidential election comes down the final stretch.
The reporting season kicks off on Tuesday with quarterly results from aluminum maker Alcoa Inc. (NYSE:AA) and more importantly on Friday with reports from the three major banks Wells Fargo (NYSE:WFC), Citigroup Inc. (NYSE:C) and JPMorgan Chase & Co (NYSE:JPM).
Key levels to watch next week:
S&P 500 (CME:SP500): 2,179.99
Dow (INDEX:DJI): 18,449.88
NASDAQ (NASDAQ:COMP): 5,222.91
Gold (NYMEX:GC.Z16.E): 1267.60
Crude Oil (NYMEX:CL.X16.E): 49.15
U.S. Dollar (NYBOT:DX.Z16.E): 94.95
Every Success,
Jeremy Lutz
INO.com and MarketClub.com
