Trade of the Week Market Watch

Market Watch


Indicators for May 20, 2013

Markets closed 1% higher Friday

Michigan sentiment 83.7 vs. 78.5 expected
Leading indicators 0.6% vs. 0.3% expected

Jun dollar closed up .67 at 84.39
Jun gold closed down 22 at 1365
Jul crude closed up .84 at 96.29

No economic reports Monday

Asian markets were 1% to 2% higher

European markets are moderately higher

Jun S&P futures down 1 at 1662

Jun dollar is down .25 at 84.14
Jun Gold is down 8 at 1357
Jul crude is down .51 at 95.78

This week:
Tuesday – no economic reports
Wednesday – Existing home sales, FOMC minutes (5/1)
Thursday – weekly jobless numbers, FHFA housing price index, new home sales
Friday – Durable goods orders


TRADING FUTURES AND OPTIONS INVOLVES SUBSTANTIAL RISK OF LOSS AND IS NOT SUITABLE FOR ALL INVESTORS. THERE ARE NO GUARANTEES OF PROFIT NO MATTER WHO IS MANAGING YOUR MONEY. PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. THERE IS UNLIMITED RISK OF LOSS IN SELLING OPTIONS. AN INVESTOR MUST READ AND UNDERSTAND THE COMMODITY TRADING ADVISOR'S CURRENT DISCLOSURE DOCUMENT BEFORE INVESTING.