Hello MarketClub members everywhere. The drop by the U.S. Dollar today has helped to pull crude oil off of its 10-month lows producing two straight days of gains heading into the weekend.
Overall, U.S. stocks have been little changed this week, with the Dow and S&P flat in the period. Meanwhile, the NASDAQ is on track to post a weekly gain of almost 2% after two weeks of losses.
Key levels to watch next week:
S&P 500 (CME:SP500): 2,415.70
Dow (INDEX:DJI): 21,113.31
NASDAQ (NASDAQ:COMP): 6,107.85
Gold (NYMEX:GC.Q17.E): 1,241.70
Crude Oil (NYMEX:CL.Q17.E): 44.20
U.S. Dollar (NYBOT:DX.U17.E): 96.02
Every Success,
Jeremy Lutz
INO.com and MarketClub.com
