Week of December 24th Stock Market Watch

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Stocks continue to sell off as we head into Christmas and New Year’s. If the situation doesn’t improve, this will be the worst year for stocks since 2008. Over the last week, stocks like Alibaba, Amazon, Facebook, and Unitedhealth fell by more than 10%.

That said, there are a number of reasons to hate this market, they include:

  • The government shutdown
  • Rising interest rates
  • Fears of an economic downturn
  • Loss of confidence in the Federal Reserve Bank
  • Crashing oil prices
  • Uncertainty with Brexit

It’s probably safe to say, there will be on Santa Claus rally this year…

The VIX closed at 30.11 on Friday. Last week we mentioned that when VIX gets above 30 and above, the market is in state of panic. Well, welcome to the panic room.

Here are how some of the most actively traded index ETFs performed over the week: SPDR S&P 500 ETF (SPY) -7.59, iShares Russell 2000 ETF (IWM) -8.70%, SPDR Dow Jones Industrial Average ETF (DIA) -7.18%, Invesco QQQ Trust (QQQ) -8.39%

Here are how some of the most actively traded commodity and interest rate ETFs performed: United States Oil Fund (USO) -11.55%, iShares 20+ Year Treasury Bond (TLT) +1.89%, SPDR Gold Shares (GLD) +1.42%

The markets will be open for a half day on Monday, and closed on Tuesday, for the Christmas holiday.

Economic Releases:
27 Dec 2018- Jobless Claims 8:30 AM ET; New Home Sales 10:00 AM ET

28 Dec 2018- International Trade In Goods 8:30 AM ET; EIA Petroleum Status Report 11:00 AM ET

Key Earnings:
None

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January 28, 2018 The Week Ahead

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The markets continue to steam roll higher as we enter the busiest and most important week of the year. The S&P 500 and Dow are up a stunning 7% ytd, and the NASDAQ is up 8.5%

On Wednesday we’ll get word on whether or not the FOMC is going to raise key interest rates or leave them unchanged. Also, this is a heavy earnings week, with some of the largest publicly traded companies reporting.

Despite the strength in the market, the VIX remained steady, closing at 11.10, just a slight drop from last weeks 11.30 closing.

graph
Source: TradingView

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ): +2.76%; SPDR S&P 500 ETF (SPY): +2.20%, SPDR Dow Jones Industrial Average ETF (DIA): 2.06%; iShares Russell 2000 ETF 0.63%

Here is how some futures and commodity ETFs performed over the week: United States Oil Fund (USO): +4.09%; iShares 20+ Year Treasury Bond (TLT): 0.42%; SPDR Gold Shares (GLD): +1.31%

Below you’ll find what is else is on the schedule for the week: McDonalds, Pfizer, Microsoft, Alphabet, Amazon, Apple, Alibaba, and Exxon.

Economic Releases:
29 Jan 2018- Personal Income and Outlays 8:30 AM ET

31 Jan 2018- EIA Petroleum Status Report 10:30 AM ET; FOMC Meeting Announcement 2:00 PM ET

1 Feb 2018- Jobless Claims 8:30 AM ET; ISM Manufacturing Index 10:00 AM ET

2 Feb 2018- Employment Situation 8:30 AM ET

Key Earnings:
29 Jan 2018- D, LMT, STX, SOHU, ARE, CR, IDTI, PFG, RGA

30 Jan 2018- AKS, ALLY, BEN, DHR, DOV, EAT, GLW, HCA, HOG, MCD, NUE, PCAR, PFE, SAP, TROW, ZBH, CA, EA, JNPR, KNX, NATI, SYK, WRB

31 Jan 2018- ADP, BA, ANTM, BA, DHI, IR, IVZ, JCI, LLY, NDAQ, NYCB, SIRI, TMO, TUP, XRX, CTXS, DRE, EBAY, FB, MDLZ, MET, MSFT, PYPL, QCOM, QRVO, SYMC, T, VRTX, X

1 Feb 2018- BABA, APO, BSX, CME, COP, IP, MCK, MA, MO, R, RL, UPS, VLO, AAPL, AMGN, AMZN, DATA, GOOGL, MAT, MSI, RTEC, V, VIAV, VR, WFT, XL

2 Feb 2018- CHTR, CLX, MRK, PSX, ROP, WY, XOM

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November 5, 2017 The Week Ahead

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Nearly all major indices closed the week higher except for the Russell 2000. Earnings thus far have been good enough. Shares of Apple rose nearly 6% on the week, Alibaba +4.01%, and Starbucks +2.10%, three earnings names that did not disappoint.

Some earnings stocks worth watching for the upcoming week include: CVS, Mylan, Priceline, Macy’s, and Disney.

The “fear index” closed at 9.14 on Friday; as it is now hovering around the 52-week lows of 8.84.

graph
Source: TradingView

Here are how some of the most traded ETFs performed over the week: SPDR S&P 500 ETF (SPY) +0.29%, iShares Russell 2000 (IWM) -0.79%, SPDR Dow Jones Industrials Average ETF (DIA) +0.43%, and PowerShares QQQ ETF (QQQ) +1.34%

Here is how some futures/commodity related ETF’s performed over the week: United States Oil Fund (USO) +3.14%, iShares 20+ Year Treasury Bond (TLT) +1.95%, SPDR Gold Shares (GLD) -0.23%

Below you’ll find what is else is on the schedule for the week:

Economic Releases:
8 Nov 2017- EIA Petroleum Status Report 10:30 AM ET

9 Nov 2017- Jobless Claims 8:30 AM ET

10 Nov 2017- Consumer Sentiment 10:00 AM ET; Treasury Budget 2:00 PM ET

Key Earnings:
6 Nov 2017- AFI, BAH, CAH, CVS, KORS, MYL, ONDK, TRUE, SYY, CAR, ETSY, GDDY, PCLN, SWKS, THC, TRIP, WTW, ZAYO

7 Nov 2017- CBOE, COH, CROX, EMR, EXPD, MNK, SEAS, VIRT, VRX, ZBRA, BUFF, DVA, EXTR, G, LC, MAR, SNAP, TTWO, ZNGA

8 Nov 2017- CABO, CARS, HUM, MGM, REGN, ROK, SEE, WEN, CSOD, CTL, FOXA, IMPV, INFN, SQ, SRCL, TROX, TWLO

9 Nov 2017- AZN, DHI, HIMX, IPXL, JCI, KSS, M, PRGO, QVCA, TIME, HTZ, DIS, JWN, NVDA,

10 Nov 2017- MT

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October 29, 2017 The Week Ahead

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Nearly all major indices closed the week higher as earnings thus far have been decent. During the week, Amazon, Alphabet and Microsoft all hit all-time highs, as all three impressed the street with its quarterly results.

Some earnings worth watching for the week include: Facebook, Apple, Starbucks, Mastercard, and Alibaba.

The “fear index” closed at 9.80 on Friday; however, it did trade as high as 13 during the week. Outside of earnings, traders will be paying attention to the FOMC, and whether or not they will raise the key interest rate or keep it where it currently is.

graph
Source: TradingView

Here are how some of the most traded ETFs performed over the week: SPDR S&P 500 ETF (SPY) +0.23%, iShares Russell 2000 (IWM) -0.13%, SPDR Dow Jones Industrials Average ETF (DIA) +0.45%, and PowerShares QQQ ETF (QQQ) +1.70%

Here is how some futures/commodity related ETF’s performed over the week: United States Oil Fund (USO) +3.93%, iShares 20+ Year Treasury Bond (TLT) -0.60%, SPDR Gold Shares (GLD) -0.58%

Below you’ll find what is else is on the schedule for the week:

Economic Releases:
30 Oct 2017- Personal Income and Outlays 8:30 AM ET

1 Nov 2017- ISM Manufacturing 10:00 AM ET; EIA Petroleum Status Report 10:30 AM ET; FOMC Meeting Announcement 2:00m PM ET

2 Nov 2017- Jobless Claims 8:30 AM ET

3 Nov 2017- Employment Situation 8:30 AM ET; International Trade 8:30 AM ET

Key Earnings:
30 Oct 2017- AMG, CTB, DO, FDC, HSBC, L, ROP, MDLZ, NLS, RE, SANM, SBAC, VNO

31 Oct 2017- ADM, AET, AKS, AMT, BNP, CG, ETN, FIS, GGP, ECL, ETN, FIS, GGP, GEO, HCA, INCY, K, KBR, MA, SHOP, APC, CXO, DDD, EA, FTR, MOBL, QLYS, VOYA, WFT, X

1 Nov 2017- AGN, APO, BDC, BG, CDW, CEVA, CLX, COMM, CTSH, EAT, FL, FLOW, GRMN, LITE, NYT, ORBK, SBGI, SODA, TAP, TEX, VRSK, WTF, ZBH, CAKE, CAVM, CTRIP, FB, FEYE, FIT, FLT, GLUU, GPRO, HUBS, LPSN, MET, MRO, OXY, QCOM, QRVO, QTWO, RIG, SHAK, TSLA, ULTI, VIAV, XPO, YELP, ZAGG, ZEN

2 Nov 2017- ADP, APRN, AN, BABA, AVP, CYBR, DWDP, GOGO, H, ICE, MLM, MSCI, PAH, AAPL, AIG, ANET, ATVI, CRUS, DATA, EVH, FLR, HDP, HLF, JCOM, RDUS, SBUX, STMP, TIVO, UNIT, VECO, WU

3 Nov 2017- BID, MSG, REV, RLGY

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August 13, 2017 The Week Ahead

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Markets sold off during the week as geopolitical tensions between the US and North Korea escalated. On Thursday the Nasdaq dropped more than 2% and the S&P 500 sold off more than 1.45%. But when Friday rolled around there was no follow through and markets closed in positive territory.

The VIX reached it’s highest levels of the year, closing at 15.50 on Friday.

graph
Source: TradingView

There are less earnings reporting this week, however; there are still some large cap names to watch out for.

Earnings coming out for the week include: Wal-Mart, Applied Materials, Alibaba, Cisco, Target, and The Home Depot.

Here are how some of the most traded ETFs performed over the week: SPDR S&P 500 ETF (SPY) -1.33%, iShares Russell 2000 (IWM) = -2.67%, SPDR Dow Jones Industrials Average ETF (DIA) -0.85%, and PowerShares QQQ ETF (QQQ) -1.08%

Here is how some futures/commodity related ETF’s performed over the week: United States Oil Fund (USO) -1.38%, iShares 20+ Year Treasury Bond (TLT) +1.20%, SPDR Gold Shares (GLD) +2.62%.

Below you’ll find what is else is on the schedule for the week:

Economic Releases:
15 Aug 2017- Retail Sales 8:30 AM ET
16 Aug 2017- Housing Starts 8:30 AM ET, EIA Petroleum Status Report 10:30 AM ET, FOMC minutes
17 Aug 2017- Jobless Claims 8:30 AM ET, Philly Fed Survey 8:30 AM ET, Industrial Production 9:15 AM ET

Key Earnings:
14 Aug 2017- JD, SYY
15 Aug 2017- AAP, COH, DKS, HD, QIWI, TJX, A, URBN, VIAV
16 Aug 2017- TGT, CSCO, NTAP, LB, SMRT
17 Aug 2017- BABA, BKE, BNT, MSG, WMT, AMAT, GPS, ROST, ZOES
18 Aug 2017- DE, EL, FL, HIBB

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January 22, 2017 The Week Ahead

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The weekend was highlighted by mass protests across the globe for Women’s March. Whether you’re into politics or not, a new regime was sworn into office on Friday, January 20, 2017. Given the love/hate relationship the new President has with the media, it’s caused him to be very active on social media. With that said, his tweets on specific sectors and stocks has already proven to add volatility. All of this could potentially lead to greater day trading opportunities.

Outside of that, earnings will be one of the key areas traders will be focused on during the week.

Crude oil futures closed up nearly 2%, having three out of four winning days. On the other hand, Gold futures prices finished the week on a two-day winning streak, gaining a shade under 1% on the week.

Now, here is how some of the other closely followed ETFs did on the week: United States Oil Fund (USO) -1.3%, iShares 20+ Year Treasury Bond (TLT) -1.60%, SPDR Gold Shares (GLD) +1.0%.

Some key earnings include: Yahoo, Alibaba, Johnson & Johnson, Bristol Myers Squibb, Ford, Intel, Alphabet, Microsoft and Starbucks to name a few.

Here are a list of events that traders will be watching:

Key Economic Data:
24 Jan 2017- PMI Manufacturing Index 9:45 AM ET, Existing Home Sales 10:00 AM ET
25 Jan 2017- EIA Petroleum Status Report 10:30 AM ET
26 Jan 2017- International Trade in Goods 8:30 AM ET, Jobless Claims 8:30 AM ET, New Home Sales 10:00 AM ET

Key Earnings Release Dates:
23 Jan 2017- BOH, HAL, MCD, PETS, YHOO
24 Jan 2017- AKS, BABA, DD, DHI, EXP, GLW, JNJ, KMB, LMT, VZ, SAP, WAT, AA, COF, CREE, DFS, HA, NAVI, STLD, STX, SYK, TXN
25 Jan 2017- BA, EAT, FCX, HBAN, HES, PG, NSC, NVS, NYCB, PGR, ROK, SC, STT, TXT, UTX, CCI, EBAY, FFIV, LRCX, LVS, MCK, PUB, QCOM, URI, VRTX, WDC
26 Jan 2017- AEP, ALK, BHI, CAT, CELG, DGX, DOV, DOW, F, HP, JBLU, LEA, LLL, LUV, MJN, NOC, RCI, EFTC, FLEX, GOOG, INTC, JNPR, KLAC, MSFT, PYPL, SBUX, SYNA, SWFT, VMW
27 Jan 2017- ABBV, APD, BEN, CL, CVX, HON, UBS

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