U.S. equities fell on the last day of a solid quarter, comments from Fed Dudley drag 10y UST below 2.40% and the US Dollar had a mixed trading session, softer against GBP and JPY, but stronger against most other G10 currencies. US data releases were also mixed and didn’t have much of an impact on markets. The S&P 500 ended Friday down 0.2%, but up 5.5% for the quarter. The Dow dropped 0.3% on Friday, but sealed the quarter with a solid 4.6% gain and the NASDAQ ended the week almost unchanged at 0.04% but up a whopping 9.8% in Q1, its best quarter since 2013. The VIX closed the week at 12.37, almost unchanged on the week and marginally higher than its average of 11.73 year to date.
To mark my 1300th issue of Tradernoble Daily Commentary I am offering a special 2 year rate of Euro 2750 for my Platinum Service which includes 1/4 updated emails throughout the trading day. This offer is open to both new and existing members and if anyone is interested can you please contact me on firstname.lastname@example.org for details.
For anyone following my Platinum Service it made 35 points on Friday, and finished March with a gain of 1335 points having made 1481 points in February, 1734 in January, 1351 in December, 1971 in November and 1582 in October. The previous four months saw gains of 1142, 1782, 1682 and 2550 points respectively. Since I started this Platinum Service in June 2015 it has averaged a monthly gain of over 1750 points.