Week of November 5th Stock Market Watch

November 5, 2018 tvcuser Education, Investments Dow Jones, Federal Reserve, General Electric, NXP Semiconductors, trade, Under Armour

Stocks temporarily bounced back last week, as the S&P 500 and Dow Jones Industrial Average gained more than 2.4%.

Concerns about trade, politics, the global economy, and earnings are creating uncertainty in the market.

The Federal Reserve is meeting Nov 8th to announce its interest rate decision. Fears of rising rates have also hurt stocks recently.

Stocks making moves last week included Under Armour +31.8%, NXP Semiconductors +18.51%, and General Electric -17.8%.

Traders begin to speak about volatility, especially if the VIX, the market’s fear index, is trading above 20. The VIX closed below 20, despite Friday’s sell-off.

graph

Here is how some futures and commodity related ETFs performed: United States Oil Fund (USO) -7.1%, iShares 20+ Year Treasury Bond (TLT) -2.6%. SPDR Gold Shares (GLD) -.10%

Economic Releases:
9 Nov 2018- PPI Fed 8:30 AM ET

7 Nov 2018- EIA Petroleum Status Report 10:30 AM ET

8 Nov 2018- Jobless Claims 8:30 AM ET; FOMC Meeting Announcement 2:00 PM ET

9 Nov 2018- PPI Fed 8:30 AM ET

Key Earnings:
5 Nov 2018- D, L, RACE, SEAS, SHO, CAR, BKNG, ELF, FMC, MAR, MYL

6 Nov 2018- CVS, EMR, LLY, RL, ZBRA, DATA, ETSY, GDDY, GLUU, INFN, JAZZ, TWLO, WEN, ZG

7 Nov 2018- DF, GRPN, DISH, HUM, KORS, ODP, ROK, AAOI, ADT, CSOD, CTRP, CYBR, HUBS, IAC, PRU, ROKU, QCOM, TIVO, TRIP, WYNN, ZAYO

8 Nov 2018- CAH, DT, DHI, DISCA, LNG, NICE, PRGO, WP, ATVI, CTL, DIS, HDP, HTZ, SWKS, TTD, VRTU, YELP

Be sure to check out our Active Trading Masters Program | Online Courses

June 18, 2015 Market Wrap Up

June 18, 2015 tvcuser Education, Investments

June 18, 2015 Market Wrap Up

The S&P 500 caught a bid today, continuing its strength from yesterday’s FOMC meeting. In addition, the Russell 2000 and NASDAQ saw record high prints today.

We also got some positive news out of Greece, basically hearing that they are close to a resolution.

The VIX is now below 14, closing the day at 13.25. Today saw the VIX drop nearly 9%.

In respect to energy, The United States Oil Fund was relatively flat, closing at 20.26, which was less than a 1% move.

On the options front, we saw bullish call buying in New York REIT Inc (NYRT) and Rackspace Hosting Inc (RAX).

Tomorrow is triple witching, that is when stock index futures, stock index options, and stock options expire on the same day. There is a good chance we might some volatility around the close.

Here’s what’s left on the schedule for tomorrow:

Key Earnings:
19 JUNE 2015- KBH, KMX

Key Conferences:
Wells Fargo Healthcare Conference

June 16, 2015 Market Wrap Up

June 16, 2015 tvcuser Education, Investments

June 16, 2015 Market Wrap Up

The S&P 500 caught a bid today, ahead of tomorrow’s FOMC meeting, in which they’ll shed some light on what they intend to do with interest rates.

The VIX is now below 15, closing the day at 14.81. Of course, any type of surprises out of the FED could cause the VIX to either spike higher or lower.

In respect to energy, The United States Oil Fund was relatively flat, closing at 20.26, which was less than a 1% move.

On the options front, we saw bullish call buying in Post Holdings Inc (POST) and Qlik Technologies Inc (QLIK). In addition, we saw some bearish put buying in Veeco Instruments.

In addition to the FOMC meeting, the market is still waiting to hear about the latest news coming out of the Greek debt situation.

June 15, 2015 The Week Ahead

June 15, 2015 tvcuser Investments, Trading

June 15, 2015 The Week Ahead

Now, the S&P 500 ended Friday’s action on a weak note. However, it is relatively at the same price as it opened up on Monday. This week the market will be paying close attention to what happens out of Greece.

In addition, they’ll be watching what comes out of the Federal Reserve Meeting, and their announcement on Wednesday. The market would like better clarity on what date the FED has set out to start hiking rates.

The VIX is slightly below the 14 level; however, on Friday, we did see it gain over 7% and close at 13.78.

Crude Oil futures traded north of $60 for most of the week; however, they closed below that level on Friday.

June 11, 2015 Market Wrap Up

June 11, 2015 tvcuser Investments, Trading

June 11, 2015 Market Wrap Up

The S&P 500 is on a 3-winning streak, continuing strength from yesterday’s 1.2% move higher. However, volume was relatively light.

The VIX is now below 13, closing the day at 12.85.

In respect to energy, The United States Oil Fund was relatively flat, closing at 20.49, which was less than a 1% move.

On the options front, we saw bullish call buying in Amicus Therapeutics Inc (FOLD) and CSX Corporation (CSX). In addition, we saw some bearish put buying in Texas Instruments Incorporated (TXN).

June 9, 2015 Market Wrap Up

June 9, 2015 tvcuser Investments, Trading

June 9, 2015 Market Wrap Up

The S&P 500 closed slightly higher on a relatively quiet day. Still no word out of Greece, but for now, the market anticipates a favorable resolution.

The VIX hit an intraday high of 15.74, but eventually sold off, closing at 14.47.

In respect to energy, The United States Oil Fund was relatively strong, closing at 20.21, which is good for 2.5% move.

On the options front, we saw bullish call buying in Activision Blizzard (ATVI) and Colgate-Palmolive Company (CL)

June 7, 2015 The Week Ahead

June 7, 2015 tvcuser Investments, Trading

June 7, 2015 The Week Ahead

The S&P 500 has been stuck in a range for sometime now. The market is still uncertain on how things in Greece will play out. In addition, they’re watching economic numbers to get a feel on when the Federal Reserve Bank will actually start to raise interest rates.

The VIX is slightly above the 14 level; however, on Friday, we did see it drop over 3% and close at 14.21.

Crude Oil futures hit 3 month highs earlier in the week; however, they closed below $60 per barrel. Coming into the OPEC Meeting the market was anticipating an increase in volatility. That didn’t really happen, as crude oil futures prices rose less than 2% on Friday.

June 4, 2015 Market Wrap Up

June 4, 2015 tvcuser Investments, Trading

June 4, 2015 Market Wrap Up

The S&P 500 closed the day relatively weak. It appears the market is still waiting to see what kind of resolution will be coming out of Greece. Any hints of a resolution would probably drive the market higher; however, any news of the deal falling apart would probably push market prices lower.

In addition to Greece, we’ve got the results of an OPEC meeting tomorrow.

The VIX rose steadily today, closing above 14, at 14.71. However, we hit a high of 15.49 on the VIX earlier in the session.

In respect to energy, The United States Oil Fund was down nearly 3%, closing at 19.58. Looking forward, the energy names might see some increased volatility ahead of the Opec Meeting. Right now, the at-the-money straddle in USO is implying a 3.3% move for tomorrow.

On the options front, we saw bullish call buying in Juniper Networks Inc (JNPR), NetApp Inc (NTAP), and Cavium Inc (CAVM). We also saw bearish option activity in Cummins Inc (CMI).

June 2, 2015 Market Wrap Up

June 2, 2015 tvcuser Investments, Trading

June 2, 2015 Market Wrap Up

The S&P 500 closed the day relatively lower, on a very choppy tape. Over the last two days we’ve seen a lot of whip saw type action from the market. It appears the market is waiting for what comes out of Greece. Any hints of a resolution drives the market higher; however, any news of the deal being far away, pushes market prices lower.

In addition to Greece, we’ve got an OPEC meeting and jobs numbers coming out this week.

The VIX rose steadily today, closing above 14, at 14.24.

In respect to energy, The United States Oil Fund was up nearly 2%, closing at 20.68. Looking forward, the energy names might see some increased volatility ahead of the Opec Meeting.

On the options front, we saw bullish call buying in Hewlett Packard Co (HPQ) and TransCanda Corporation (TRP).

May 31, 2015 The Week Ahead

May 31, 2015 tvcuser Investments, Trading

May 31, 2015 The Week Ahead

Now, the S&P 500 ended Friday’s trading slightly lower on weak volume. However, we did close the month higher.

The VIX is slightly below the 14 level; we’ve been in between the 10 to 15 range for a couple months now.

Crude Oil futures are near their 3 month highs, closing slightly above $60 per barrel. In fact, they’ve risen on a weekly basis for two straight months now. It will be interesting to hear what comments come out of the OPEC Meeting this week. Of course, this could add some of additional volatility in the energy sector.

In respect to earnings, the level of excitement is starting to die down. However, there are a number of key conferences this week. With that said, positive or negative notes coming from these conferences have the potential to move stock prices in companies mentioned.