November 12, 2017 The Week Ahead
The markets cooled off this week, but are still close to all-time high levels. One thing traders will be paying attention to is earnings coming out of retailers; the upcoming federal tax plan, as well as the latest in the Brexit talks over in Europe.
Some earnings stocks worth watching for the upcoming week include: The Home Depot, Target, Wal-Mart, Best Buy, and Gap Stores.
The “fear index” closed at 11.29 on Friday; as we’re starting to slowly see volatility creep back into the market.
Source: TradingView
Here are how some of the most traded ETFs performed over the week: SPDR S&P 500 ETF (SPY) -0.14%, iShares Russell 2000 (IWM) -1.37%, SPDR Dow Jones Industrials Average ETF (DIA) -0.32%, and PowerShares QQQ ETF (QQQ) +.27%
Here is how some futures/commodity related ETF’s performed over the week: United States Oil Fund (USO) +2.15%, iShares 20+ Year Treasury Bond (TLT) -1.23%, SPDR Gold Shares (GLD) +0.42%
Below you’ll find what is else is on the schedule for the week:
Economic Releases:
14 Nov 2017- PPI-FD 8:30 AM ET
15 Nov 2017- Consumer Price Index 8:30 AM ET; Retail Sales 8:30 AM ET; EIA Petroleum Status Report 10:30 AM ET
16 Nov 2017- Jobless Claims 8:30 AM ET; Philly Fed Survey 8:30 AM ET; Industrial Production 9:15 AM ET
17 Nov 2017- Housing Starts 8:30 AM ET
Key Earnings:
13 Nov 2017- AIMT, GEVO, STRP, IZEA, XRAY, DHT, FENG, JD, BETR, WUBA, TSN, GLOB
14 Nov 2017- REXX, EVOK, LNG, JKS, DKS, YRD, AAP, YY, HD, KOOL, SSYS
15 Nov 2017- SMRT, NTES, PLCE, TGT, NTAP, CSCO, SBH, HI, MTOR, PGR, SPLS, LB, PERY, JASO
16 Nov 2017- MANU, SPLK, QIWI, GPS, ROST, BBY, VIAB, WSM, BERY, AMAT, WMT, SJM, BONT, POST
17 Nov 2017- SFUN, HIBB, ANF, FL, BKE, LXFT
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