May 14, 2018 The Week Ahead
Stocks performed strongly over the week, with major indexes gaining over 2% respectfully. Earnings season is winding down; that said, we should expect volatility to come in as there are not too many scheduled events this coming week.
Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) +2.78%, SPDR S&P 500 ETF (SPY) +2.57%, SPDR Dow Jones Industrial Average ETF (DIA) +2.48%, iShares Russell 2000 ETF (IWM) +2.64%
The VIX dropped during the week, closing at 12.70 on Friday.
Here are how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) +1.14%, iShares 20+ Year Treasury Bond (TLT) +0.20%, SPDR Gold Shares (GLD) +0.37%
Economic Releases:
15 May 2018- Retail Sales 8:30 ET
16 May 2018- Housing Starts 8:30 AM ET; Industrial Production 9:15 AM ET; EIA Petroleum Status Report 10:30 AM ET
17 May 2018- Jobless Claims 8:30 AM ET; Philly Fed Survey 8:30 AM ET;
Key Earnings:
14 May 2018- A, SWCH, TDW, VIPS, MZOR
15 May 2018- HD, VOD, BOOT, VRTU
16 May 2018- CSIQ, M, CSCO, FLO, NTES, TTWO
17 May 2018- JCP, WMT, AMAT, JWN
18 May 2018- CPB, DE
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