April 27, 2017 Market Wrap Up

Stocks ended up higher on the day, except for the Russell 2000, which sold off about -0.16%. The Nasdaq hit record highs, as many of the big are set to report earnings this eventing.

At the time of this writing, this is how some of them stand: Amazon (AMZN) +5%, Alphabet (GOOGL) +4.3%, Microsoft (MSFT) -0.33%, and Intel (INTC) -2.65%. That said the Nasdaq is up in the after hours about 0.5%.

Now, here is how some of the other closely followed ETFs did on the week: United States Oil Fund (USO) -0.19%, iShares 20+ Year Treasury Bond (TLT) -0.03%, SPDR Gold Shares (GLD) -0.37%.

On the options front, we saw large call buying activity in LPL Financial Holdings (LPLA), which traded 2.9 times normal option volume. In addition, we saw heavy put buying in Treehouse Foods Inc (THS), which traded 13.2 times normal option volume.

Here is what is left on the schedule:

Key Economic Data:
28 April 2017- GDP 8:30 AM ET

Key Earnings:
27 April 2017- ABBV, APD, BMY, BSX, BWA, CELG, CMCSA, CME, DOW, F, GRUB, IP, IRM, JCI, LAZ, LLL, LUV, MPC, POT, SIRI, SPG, UAA, UNP, UPS, AIV, AMZN, BIDU, EXPE, GOOGL, GPRO, INTC, MLNX, MAC, MSFT, SBUX, VRTX, WDC
28 April 2017- CL, COG, CVX, GM, GT, HST, LYB, PSX, SYF, VFC, XOM, WY

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