November 29, 2015 The Week Ahead
The SPDR S&P 500 (SPY) had its second straight winning weak, and is now less than 1.2% off the highs. However, that doesn’t mean that every sector is participating in the rally. For example, energy continues to lag. With that said, we’re starting to see more sector rotation as investors try to figure where to best park their funds.
The VIX was relatively unchanged, closing the week at 15.12.
The United States Oil Fund (USO) finished the week relatively higher, however it’s still 50% off the 52-week highs.
Here’s what is on tap this coming week:
Key Economic Data:
01 December 2015- ISM Manufacturing 10:00 AM ET
03 December 2015- Jobless Claims 8:30 AM ET
04 December 2015- Employment Situation 8:30 AM ET, International Trade 8:30 AM ET
Key Earnings:
30 November 2015- BLOX, NQ
01 December 2015- BMO, BOBE
02 December 2015- AEO, AVGO, ARO, VMEM
03 December 2015- EXPR, G, SHLD, AMBA, BKS, FIVE, ULTA
04 December 2015- HOV
Key Events:
30 November 2015- Credit Suisse Industrial Conference (runs till 12/3), Credit Suisse Tech, Media, Telecom Conference (runs till 12/3)
01 December 2015- Citigroup Basic Materials Conference (runs till 12/2), Cowen 4th Annual HealthCare Conference, Cowen 5th Annual Ultimate Energy Conference (runs till 12/2), Goldman Sachs Metals & Mining Conference (runs till 12/2), Piper Jaffray HealthCare Conference (runs till 12/2)
03 December 2015- Wells Fargo Boston Gaming Forum
04 December 2015- American Society of Hematology Annual Meeting