Hello MarketClub members everywhere. The DOW is on pace for its best day in over a month, and the NASDAQ hit a new all-time high this morning. The move was due to U.S. companies adding 263,000 workers in March as reported by ADP, the most since December 2014. Economists had expected 187,000 jobs to be added in the month.
Next, on deck, this afternoon is the release of the FOMC minutes from their March meeting. As you know, the FED raised rates by 25 basis points but kept its 2017 outlook largely unchanged.
Key levels to watch this week:
S&P 500 (CME:SP500): 2,390.01
Dow (INDEX:DJI): 21,000.11
NASDAQ (NASDAQ:COMP): 5,769.39
Gold (FOREX:XAUUSDO): 1,244.64
Crude Oil (NYMEX:CL.K17.E): 49.88
U.S. Dollar (NYBOT:DX.M17.E): 101.63
Every Success,
Jeremy Lutz
INO.com and MarketClub.com
