March 6, 2016 The Week Ahead
The S&P 500 finished Friday on a four-day winning streak, as we continue to see a contraction in market volatility. The S&P 500 is up more than 3% in the month of March and the VIX is trading below 17.
With that said, crude oil futures prices are up 20% over the last two weeks. They enjoyed a 5-day winning streak and are trading nearly $36 per barrel.
Domestically, we’ve got very little going on in respect to economic data and earnings. However, there are a decent amount of industry conferences. Those might be worth paying attention to for intraday opportunities given that there isn’t much else scheduled.
Here’s what’s on tap:
Key Economic Data:
9 March 2016- EIA Petroleum Status Report 10:30 AM ET
10 March 2016- Jobless Claims 8:30 AM ET
Key Earnings:
7 March 2016- SHAK, UNFI, URBN
8 March 2016- DKS, VTL, NAV
9 March 2016- COKE, SQ, VVUS, FRPT, ONCE, VRA
10 March 2016- BONT, CSIQ, BOOM, FNSR, PAY, ULTA
Key Conferences:
7 March 2016- Raymond James Institutional Investors Conference (runs till 3/9), Sandler O’Neill West Coast Financial Services Conference (runs till 3/8), Cowen & Co 36th Annual Healthcare Conference (runs till 3/9), Deutsche Bank Media, Internet and Telecom Conference (runs till 3/9)
8 March 2016- Piper Jaffray Technology, Media & Telecom Conference (runs till 3/9)
RBC Financial Institutions Conference (runs till 3/9), JPMorgan Aviation, Transportation, & Industrials Conference (runs till 3/10)