Sunday, January 28, 2018

Trading Wins Market Update January 28th, 2018 Key Jobs Number



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1) Another very strong week for stocks and another record high close on Friday. The Dow Jones Industrial Average gained 233.92 points, the S&P 500 added 33.62 points while the Nasdaq 100 closed higher by 94.61 points and the Russell 2000 finished higher by 6.39 points.


2) Weekly charts can be very beneficial for traders and should be used regularly. They provide a great balance between the short and long-term view for any Market. In today's video, we look at the weekly charts of gold, crude oil and the U.S. dollar.


3) Last week was a huge week for earnings announcements as will be this week. It will, however, be and even bigger week for economic data reports ending with the always important Employment Situation report.


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