Back on Top – The US non-farm payrolls data released on Friday sent the stock indices higher with the S&P 500 hitting the top of the recent range. The positive NFP number has shifted traders attention over to the probability of a Fed rate hike this year. As a result, the US treasuries and gold traded significantly lower while the US dollar rallied.

In the week ahead I will focus on the consumer with US retail sales data and earnings reports from the consumer sector including department stores. The consumer discretionary sector has risen 4% since June, with two-thirds of the sector already reporting. We may see continued momentum in stocks, especially if Macy’s, Nordstrom and Disney can beat expectations.

Join our trading community with RiosQuant founder and trade coach Joe Rios as well as the RQ members. Live demonstration of our pre-market quantitative analysis, real-time trading signals with RQ algorithmic technology, strategy performance review and Q&A session.

ATTENTION MEMBERS – To access The Trading Room® TradeLAB please log-in on the riosquant.com site and click on the link under The Trading Room. If you are already logged in, then click on the “My Account” found on the upper right hand corner of the first page.

ATTENTION GUESTS – Here is how to get started with a two week free trial…

Click on the following link and register as a guest.

For assistance please contact us at support@riosquant.com.