October 1, 2017 The Week Ahead
All major indices closed the week higher, with the small caps outshining them all, as the Russell 2000 finished up 2.69%. Despite political tensions between North Korea and domestic uncertainty with taxes and healthcare, the market just keeps pushing higher.
The “fear index” closed at 9.50 on Friday, level that has found some support of late.
Source: TradingView
Here are how some of the most traded ETFs performed over the week: SPDR S&P 500 ETF (SPY) +0.72%, iShares Russell 2000 (IWM) +2.69%, SPDR Dow Jones Industrials Average ETF (DIA) +0.28%, and PowerShares QQQ ETF (QQQ) +0.78%
Here is how some futures/commodity related ETF’s performed over the week: United States Oil Fund (USO) +1.86%, iShares 20+ Year Treasury Bond (TLT) -1.14%, SPDR Gold Shares (GLD) -1.35%
Below you’ll find what is else is on the schedule for the week:
Economic Releases:
2 Oct 2017- ISM Manufacturing Index 10:00 AM ET
4 Oct 2017- EIA Petroleum Status Report 10:30 AM ET
5 Oct 2017- International Trade 8:30 AM ET; Jobless Claims 8:30 AM ET
6 Oct 2017- Employment Situation 8:30 AM ET
Key Earnings:
2 Oct 2017- CALM
3 Oct 2017- LEN, PAYX
4 Oct 2017- MON, LW, PEP
5 Oct 2017- STZ, COST, YUMC
Be sure to check out our Active Trading Masters Program | Online Courses