March 26, 2018 The Week Ahead

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It was another rough week for stocks as a number of catalysts brought uncertainty to the market.

The first, a developing story which includes Facebook and research firm Cambridge Analytica. The research firm was able to gather information of more than 50 million users by using the Facebook platform. It’s alleged that they used this information to target voters and influence political elections. That said, it’s brought an ongoing discussion on Facebook, and how it uses and shares people’s personal information. More people, including politicians, are wondering why it’s not regulated.

Facebook is one of largest companies in the world and is heavily owned in ETFs and by other financial institutions. Shares of the stock dropped by nearly 14% and closed well below its 200 simple moving average.

The second catalyst came out of Washington. On Thursday, President Trump announced a $60B border tariff on imports. Whether or not this spills into a trade war, the markets first reaction was to sell and ask questions later.

And of course, there was an FOMC meeting, debuting the new Fed Chairman Jerome Powell. As expected they raised rates. But, given the uncertainty in the market, we’ll have to pay close attention to if they’ll continue to raise rates at the pace they are expected to.

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) -7.31%, SPDR S&P 500 ETF (SPY) -5.89%, SPDR Dow Jones Industrial Average ETF (DIA) -5.61%, iShares Russell 2000 ETF (IWM) -4.90%

The VIX exploded, rising more than 57% on the week, closing at 24.90

graph

Here are how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) +5.82%, iShares 20+ Year Treasury Bond (TLT) +0.30%, SPDR Gold Shares (GLD) +2.42%.

Some earnings for this 4-day week include: Walgreens, Restoration Hardware, RedHat, GameStop, and Constellation Brands.

Economic Releases:
28 March 2018- GDP 8:30 AM ET; International Trade 8:30 AM ET; EIA Petroleum Status Report 10:30 AM ET

29 March 2018- Jobless Claims 8:30 AM ET; Personal Income 8:30 AM ET

Key Earnings:
26 March 2018- PAYX, PUMP, RHT

27 March 2018- FDS, FRAN, MKC, RH, SONC, TEUM

28 March 2018- WBA, GME, PVH, UNF, OXM, PRGS

29 March 2018- LNN, STZ, MARK, SNX, TITN, WOR

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March 19, 2018 The Week Ahead

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Stocks cooled off this week, as the S&P 500 sold off four out of five days. All eyes are on the upcoming FOMC meeting that is set for this upcoming Wednesday. Sentiment on the Street is that the Fed will be raising rates; however, market participants will be focused on its forecasts and views on the economy.

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) -1.24%, SPDR S&P 500 ETF (SPY) -1.67%, SPDR Dow Jones Industrial Average ETF (DIA) -1.67%, iShares Russell 2000 ETF (IWM) -0.70%

The VIX popped over a point for the week, closing at 15.80. There is still plenty of uncertainty. It seems like every other day a key member of the Trump administration is getting fired or resigning, as we’ve now seen Rex Tillerson, Gary Cohn, and H.R. McMaster leaving high profile positions.

In addition, market participants are closely following how the proposed tariffs will impact the market and if there will be any retaliation from other nations.

S&P 500 VIX Overview

Here are how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) +0.64%, iShares 20+ Year Treasury Bond (TLT) +1.61%, SPDR Gold Shares (GLD) -0.75%

Some large cap earnings this week include: Oracle, Federal Express, Micron, and Nike.

Economic Releases:
21 March 2018- Existing Home Sales 10:00 AM ET; EIA Petroleum Status Report 10:30 AM ET; FOMC Meeting Announcement 2:00 PM ET; Fed Chair Press Conference 2:30 PM ET

22 March 2018- Jobless Claims 8:30 AM ET; PMI Composite Flash 9:45 AM ET

23 March 2018- Durable Goods Orders 8:30 AM ET; New Home Sales 10:30 AM ET

Key Earnings:
19 March 2018- ORCL

20 March 2018- DLTH, CHFS, PLCE, FDX, RKDA, SCS

21 March 2018- ATU, GIS, ALTR, FIVE, GES

22 March 2018- CAG, CMC, DRI, JAB, LE, MIK, CDNA, HOME, KBH, MU, NKE, SGH

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March 12, 2018 The Week Ahead

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The markets bounced back on Friday, following a better than expected monthly jobs report and potential peace talks with North Korea underway. Despite negative reactions to Trump’s steel tariff plans, it appears to exempt Canada and Mexico.

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) +4.32%, SPDR S&P 500 ETF (SPY) +3.64%, SPDR Dow Jones Industrial Average ETF (DIA) +3.35%, iShares Russell 2000 ETF (IWM) +4.31%

With the U.S adding 313,000 jobs in February, it helped ease some concerns investors have had about inflation. The VIX continues to decline, now below 15, closing at 14.64 on Friday.

S&P 500 VIX Overview

Here are how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) +0.81%, iShares 20+ Year Treasury Bond (TLT) -0.37%, SPDR Gold Shares (GLD) +0.12%

Economic Releases:
13 March 2018- Consumer Price Index 8:30 AM ET

14 March 2018- PPI 8:30 AM ET; Retail Sales 8:30 AM ET; EIA Petroleum Status Report 10:30 AM ET

15 March 2018- Jobless Claims 8:30 AM ET; Philly Fed Survey 8:30 AM ET

16 March 2018- Housing Starts 8:30 AM ET; Industrial Production 9:15 AM ET

Key Earnings:
12 March 2018- COUP, GDS, SFIX, VNET

13 March 2018- DKS, HDS

14 March 2018- EXPR, PGR, SIG, VRA, CTRP, DDD, RUBI, SMRT, TACO, SMTC, TLRD

15 March 2018- DG, ADBE, AVGO, JBL, KEYW, MRAM, ULTA

16 March 2018- TIF

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March 5, 2018 The Week Ahead

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Uncertainty is back, as markets continue to digest the impact of a potential trade war.

Trump Tweet
All major stock market indexes sold off, with the Dow Jones Industrial Averages being the hardest hit. Some of the weakest performers included: ALB, SQM, MNST, LOW, MCD, and HD.

The VIX as its price rise over the week, closing at 19.59 on Friday.

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) -1.30%, SPDR S&P 500 ETF (SPY) -2.05%, SPDR Dow Jones Industrial Average ETF (DIA) -2.99%, iShares Russell 2000 ETF (IWM) -1.06%

Here is how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) -3.13%, iShares 20+ Year Treasury Bond (TLT) +0.19%, SPDR Gold Shares (GLD) -0.59%

Economic Releases:
7 March 2018- International Trade 8:30 AM ET; EIA Petroleum Status Report 10:30 AM ET

8 March 2018- Jobless Claims 8:30 AM ET

9 March 2018- Employment Situation 8:30 AM ET

Key Earnings:
5 March 2018- ASNA, DAVE, FATE, NX, PQ

6 March 2018- CIEN, TGT, ADSK, HRB, ROST, URBN

7 March 2018- ANF, DLTR, GOLF, COST, CZR, VSLR

8 March 2018- AEO, IGT, KOPN, KR, MRVL, PAY

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February 25, 2018 The Week Ahead

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The markets continued to remain strong as all major indices posted gains. In addition, the Nasdaq, S&P 500, and Dow Jones Industrials are now trading above 20, 50, 100, and 200-day simple moving averages.

This comes despite seeing weakness in a key Dow component, Walmart, as it disappointed the street with its latest earnings causing the stock to drop more than 10% on the week.

Market participants are looking forward to seeing earnings results out of major retailers this week. Also, they’ll be closely watching the latest GDP release.

The VIX continues to drop, closing at 16.50 on Friday, a steep decline from the Feb 6 high of 50.41.

graph
Source: TradingView

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) +1.49%, SPDR S&P 500 ETF (SPY) +0.62%, SPDR Dow Jones Industrial Average ETF (DIA) +0.16%, iShares Russell 2000 ETF (IWM) +0.77%

Here is how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) +3.57%, iShares 20+ Year Treasury Bond (TLT) +0.05%, SPDR Gold Shares (GLD) -1.74%

Economic Releases:
26 Feb 2018- New Home Sales 10:00 AM ET

27 Feb 2018- Durable Goods Orders 8:30 AM ET; International Trade In Goods 8:30 AM ET

28 Feb 2018- GDP 8:30 AM ET; EIA Petroleum Report 10:30 AM ET

1 March 2018- Jobless Claims 8:30 AM ET; Personal Income and Outlays 8:30 AM ET; ISM Manufacturing Index 10:00 AM ET

Key Earnings:
26 Feb 2018- DF, SN, VERI, OKE, PANW, SNI, JBT

27 Feb 2018- AMT, AES, AZO, DISCA, EE, ENDP, M, MNK, SAH, SEAS, BUFF, DXCM, ESRX, EVHC, IMAX, PCLN, SQ, TIVO, TSRO

28 Feb 2018- ADI, DY, TJX, CRM, MYL, UHS

1 Mar 2018- BBY, KSS, NRG, PDCO, GPS, JWN

2 Mar 2018- FL

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February 19, 2018 The Week Ahead

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The markets have bounced back after experiencing one of the fastest 10% declines in history. Overall, the market is still up year to date, despite fears of inflation increasing.

Was last week a dead cat bounce or did we get the 10% correction we needed for the bull market to continue?

Investors should continue to monitor inflation data, as well as earnings. Some key names reporting include Walmart, The Home Depot, and Apache Corporation.

The VIX closed at 19.46 on Friday, a steep decline from the Feb 6 high of 50.41.

graph
Source: TradingView

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) +5.68%, SPDR S&P 500 ETF (SPY) +4.44%, SPDR Dow Jones Industrial Average ETF (DIA) +4.10%, iShares Russell 2000 ETF (IWM) +4.48%

Here is how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) +4.38%, iShares 20+ Year Treasury Bond (TLT) +0.65%, SPDR Gold Shares (GLD) +2.56%

It’s a short week due to President’s Day. Besides the FOMC Minutes being released, there isn’t much on the economic calendar.

Economic Releases:
21 Feb 2018- PMI Composite Flash 9:45 AM ET; Existing Home Sales 10:00 AM ET; FOMC Minutes 2:00 PM ET

22 Feb 2018- EIA Petroleum Status Report 11:00 AM ET

Key Earnings:
20 Feb 2018- DUK, GPC, HD, MGM, NBL, SIX, WMT, BYD, CXO, DVN, EXR, NFX

21 Feb 2018- GRMN, LNG, WEX, CAKE, EVTC, P, FIVN, CAR

22 Feb 2018- APA, CHK, GOGO, CNP, HRL, MITL, PPL, SCG, W, WIN, HLF, GDDY, INTU, OLED, TTD

23 Feb 2018- COG, ETR, HUN, PEG, PNW, RY

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February 12, 2018 The Week Ahead

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The market continued to sell-off for the second straight week. The catalyst appears to be inflation, as investors have started to grow their concerns about interest rates rising. In addition, we’re starting to see a massive unwind of volatility related products.

Two products, one created by PROSHARES, (SVXY), and the other by Credit Suisse, (XIV), nearly imploded causing massive volatility and uncertainty in the market.

The VIX closed at 29.10 on Friday, and was trading as high as 50 during the week.

graph
Source: TradingView

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ): -5.17%; SPDR S&P 500 ETF (SPY): -5.06%; SPDR Dow Jones Industrial Average ETF (DIA): -5.06%; iShares Russell 2000 ETF (IWM)- 4.59%

Here is how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) -9.05%; iShares 20+ Year Treasury Bond (TLT) -1.37%; SPDR Gold Shares (GLD) -1.28%

Economic Releases:
14 Feb 2018- Consumer Price Index 8:30 AM ET; Retail Sales 8:30 AM ET; EIA Petroleum Status Report 10:30 AM ET
15 Feb 2018- Jobless Claims 8:30 AM ET; Philly Fed Survey 8:30 AM ET; PPI 8:30 AM ET; Industrial Production 9:15 AM ET
16 Feb 2018- Housing Starts 8:30 AM ET

Key Earnings:
13 Feb 2018- APRN, DBD, GNRC, PEP, TRU, UAA, CARB, CSOD, OXY, TWLO, WU
14 Feb 2018- BG, DPS, IPG, TAP, WYN, CC, CSCO, EQIX, MAR, MRO, NTAP, SPWR, TRIP, WMB, XEC
15 Feb 2018- CYBR, DDR, EQT, GPN, HII, ICLR, KIM, NICE, SHOP, WM, ZTS, CBS, BL, MULE, NUS, TRUE
16 Feb 2018- DE, CPB, IRM, KHC, KO, NWL, R, SJM, WBC

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February 4, 2018 The Week Ahead

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The markets saw their first true taste of volatility under the Trump Presidency, as the Dow Jones Industrials fell by more than 665 points on Friday. The catalyst appears to be inflation concerns. Some Fed officials believe we’ll have multiple interest rate hikes this year.

The VIX closed at its highest level of the year, 17.21, on Friday.

graph
Source: TradingView

Over 100 S&P 500 stocks reported earnings on Friday, that said, there are plenty to look out for this coming week, some of them include: Nvidia, General Motors, Disney, and Tesla.

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ): -3.7%; SPDR S&P 500 ETF (SPY): -3.88%; SPDR Dow Jones Industrial Average ETF (DIA): -4.13%; iShares Russell 2000 ETF (IWM) -3.62%

Here is how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) -1.51%, iShares 20+ Year Treasury Bond (TLT) -3.24%, SPDR Gold Shares (GLD) -1.31%.

Economic Releases:
5 Feb 2018- ISM Manufacturing Index 10:00 AM ET

6 Feb 2018- International Trade 8:30 AM ET

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

8 Feb 2018- Jobless Claims 8:30 AM ET

Key Earnings:
5 Feb 2018- ARNC, BMY, CHD, HES, ON, SYY, CRUS, FN, NOV, OCLR, RE, SWKS

6 Feb 2018- ABC, ADM, ARW, AXTA, BDX, CNC, DNKN, EMR, FLOW, GM, SAVE, AKAM, APC, BZH, CMG, DIS, EXTR, GILD, MCHP, MTSI, NEWR, NTGR, SNAP, PXD

7 Feb 2018- CDW, CTSH, BILL, HAIN, HAS, HUM, ICE, KORS, TRVG, XEL, ALL, CCK, FISV, FORM, IAC, INFN, IRBT, NTES, NXPI, PRI, PRU, TSLA, TTWO, YELP, ZAYO, ZNGA

8 Feb 2018- BR, BWA, CAH, COTY, CVS, GRUB, K, KKR, MANU, MAS, NLSN, PM, SEE, TEVA, TSN, TWTR, VIAB, WLTW, WWE, YUM, AIG, ATVI, AIZ, DXC, EXPE, FEYE, IMPV, MOBL, MTW, NCR, NUAN, NVDA, NWSA, PCTY, UIS, VRSN, WEB, ZG

9 Feb 2018- CBOE, MCO, PCG

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January 28, 2018 The Week Ahead

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The markets continue to steam roll higher as we enter the busiest and most important week of the year. The S&P 500 and Dow are up a stunning 7% ytd, and the NASDAQ is up 8.5%

On Wednesday we’ll get word on whether or not the FOMC is going to raise key interest rates or leave them unchanged. Also, this is a heavy earnings week, with some of the largest publicly traded companies reporting.

Despite the strength in the market, the VIX remained steady, closing at 11.10, just a slight drop from last weeks 11.30 closing.

graph
Source: TradingView

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ): +2.76%; SPDR S&P 500 ETF (SPY): +2.20%, SPDR Dow Jones Industrial Average ETF (DIA): 2.06%; iShares Russell 2000 ETF 0.63%

Here is how some futures and commodity ETFs performed over the week: United States Oil Fund (USO): +4.09%; iShares 20+ Year Treasury Bond (TLT): 0.42%; SPDR Gold Shares (GLD): +1.31%

Below you’ll find what is else is on the schedule for the week: McDonalds, Pfizer, Microsoft, Alphabet, Amazon, Apple, Alibaba, and Exxon.

Economic Releases:
29 Jan 2018- Personal Income and Outlays 8:30 AM ET

31 Jan 2018- EIA Petroleum Status Report 10:30 AM ET; FOMC Meeting Announcement 2:00 PM ET

1 Feb 2018- Jobless Claims 8:30 AM ET; ISM Manufacturing Index 10:00 AM ET

2 Feb 2018- Employment Situation 8:30 AM ET

Key Earnings:
29 Jan 2018- D, LMT, STX, SOHU, ARE, CR, IDTI, PFG, RGA

30 Jan 2018- AKS, ALLY, BEN, DHR, DOV, EAT, GLW, HCA, HOG, MCD, NUE, PCAR, PFE, SAP, TROW, ZBH, CA, EA, JNPR, KNX, NATI, SYK, WRB

31 Jan 2018- ADP, BA, ANTM, BA, DHI, IR, IVZ, JCI, LLY, NDAQ, NYCB, SIRI, TMO, TUP, XRX, CTXS, DRE, EBAY, FB, MDLZ, MET, MSFT, PYPL, QCOM, QRVO, SYMC, T, VRTX, X

1 Feb 2018- BABA, APO, BSX, CME, COP, IP, MCK, MA, MO, R, RL, UPS, VLO, AAPL, AMGN, AMZN, DATA, GOOGL, MAT, MSI, RTEC, V, VIAV, VR, WFT, XL

2 Feb 2018- CHTR, CLX, MRK, PSX, ROP, WY, XOM

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January 21, 2018 The Week Ahead

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The markets continue to stay hot, as the Dow is now up 5.3, S&P 500 4.9%, and the Nasdaq up 6.2% after the first three weeks of trading this year.

Some concerns going into the week include the government shutting down.

The VIX closed higher for the second consecutive week, climbing to 11.30 on Friday, a rise of more than 10% from the previous week.

graph
Source: TradingView

Traders will also be paying close attention to earnings, we’ve seen some negative reactions to American Express and IBM already this earnings season.

Names to look out for include: Netflix, Johnson & Johnson, General Electric, Ford, Intel, and Celgene.

Here is how some of the most popularly traded index ETFs performed over the week: SPDR S&P 500 ETF (SPY) +1.55%, iShares Russell 2000 (IWM) +0.70%, SPDR Dow Jones Industrials Average ETF (DIA) +1.93%, and PowerShares QQQ ETF (QQQ) +1.87%

Here is how some futures and commodity ETF’s performed over the week: United States Oil Fund (USO) +0.16%, iShares 20+ Year Treasury Bond (TLT) -1.01%, SPDR Gold Shares (GLD) +0.78%

Below you’ll find what is else is on the schedule for the week:

Economic Releases:
24 Jan 2018- PMI 9:45 AM ET; Existing Home Sales 10:00 AM; EIA Petroleum Status Report 10:30 AM ET
25 Jan 2018- International Trade In Goods 8:30 AM ET; Jobless Claims 8:30 AM ET; New Home Sales 10:00 AM ET
26 Jan 2018- Durable Goods Orders 8:30 AM ET; GDP 8:30 AM ET

Key Earnings:
22 Jan 2018- HAL, UBS, NFLX, STLD, ZION
23 Jan 2018- CREE, AMTD, JNJ, KMB, PG, STT, TRV, UAL, VZ, NAVI, TXN
24 Jan 2018- CMCSA, GE, NSC, NTRS, ROK, SWK, UTX, DFS, LRCX,
25 Jan 2018- CAT, FCX, LUV, MMM, NOC, CELG, PX, SHW, UNP, RTN, ETFC, FLEX, INTC, ISRG, SBUX, WDC
26 Jan 2018- APD, CL, COL, GNTX, HON, HRC, LEA

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