Stock Market Watch for the Week of January 28th

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Stocks are looking to close the first month of the year in impressive fashion. All major stock indices are up. Led by small-caps, the Russell 2000 is up 10% this year. That said, we’re entering the most important period of January, as a number of high profile stocks are set to report earnings, names like FB, TSLA, AMZN, MSFT, AAPL, MRK and much more.

In addition to a slew of earnings, the FOMC is meeting on Wednesday. However, it appears that the Fed is going to work with the market, and not announce a rate hike during this meeting. One could argue that comments from Fed officials over the past few weeks has been a catalyst to the market rally.

Now, there is still plenty of market uncertainty. For example, the government did reopen, but only for three weeks until an agreement can be made. Also, trade talks with China are still ongoing with no resolution in sight.

That said, the VIX closed at 17.48 on Friday, as markets rallied off the news that the government will be reopened.

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Source: Yahoo

Here are how some of the most actively traded index ETFs performed over the week: SPDR S&P 500 ETF (SPY) +1.07%, iShares Russell 2000 ETF (IWM) +1.04%, SPDR Dow Jones Industrial Average ETF (DIA) +1.47%, Invesco QQQ Trust (QQQ) +0.93%

Here are how some of the most actively traded commodity and interest rate ETFs performed: United States Oil Fund (USO) +1.99%, iShares 20+ Year Treasury Bond (TLT) +0.28%, SPDR Gold Shares (GLD) +0.61%

Economic Releases:
29 Jan 2019- International Trade in Goods 8:30 AM ET

30 Jan 2019- GDP 8:30 AM ET; EIA Petroleum Status Report 10:30 AM ET; FOMC Meeting Announcement 2:00 PM ET

1 Feb 2019- Employment Situation 8:30 AM ET

Key Earnings:
28 Jan 2019- AKS, GGG, WHR, RMBS, CAT, ETH

29 Jan 2019- EAT, DOV, BIIB, GLW, HCA, HOG, LLL, LMT, NUE, PCAR, ROK, VZ, VRX, AAPL, AMGD, AMD, EBAY, HA, JNPR, KLAC, MXIM, PEG, RHI, SYK

30 Jan 2019- ADP, ALLY, ANTM, BA, BEN, GD, HP, MCD, NDAQ, SIRI, T, TMO, CREE, CRUS, DLB, FB, FICO, MDLZ, MSFT, MUR, NOW, PYPL, QCOM, TSLA, V, WYNN

31 Jan 2019- BAX, CHTR, CELG, COP, EPD, GE, MA, NOC, S, UPS, VLO, AMZN, POST, MCK, SYMC

1 Feb 2019- BAH, BERY, CI, CVX, D, HON, JCI, KKR, LYB, MSG, MRK, SPG, WY, XOM, ZBH

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September 4, 2018 The Week Ahead

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The U.S. stock market remains strong, despite fears of a trade war and troubles in emerging markets like Turkey and Argentina. With summer now over, expect to see trading volumes to start to pick up again.

Stocks in play over the week included: AMZN +5.63%, SQ +13.38%, LULU +11.65%, DLTR -13.86%, and EA -12.06%

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) +2.29%, SPDR S&P 500 ETF (SPY) +0.97%, SPDR Dow Jones Industrial Average ETF (DIA) +0.78%, iShares Russell 2000 ETF (IWM) +0.83%.

The VIX closed at 12.86 on Friday.

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Here are how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) +1.94%, iShares 20+ Year Treasury Bond (TLT) -1.06%, SPDR Gold Shares (GLD) -0.57%.

Economic Releases:
4 Sep 2018- ISM Manufacturing Index 10:00 AM ET

5 Sep 2018- International Trade 8:30 AM ET

6 Sep 2018- Jobless Claims 8:30 AM ET; EIA Petroleum Status Report 8:30 AM ET

7 Sep 2018- Employment Situation

Key Earnings:
4 Sep 2018- CONN, COUP, RH, SMAR, WDAY

5 Sep 2018- CBK, AVA, CLDR, DOCU, GWRE, MDB, REVG, VRNT, ZS

6 Sep 2018- DVMT, GII, LE, NAV, AVGO, FIVE, FNSR, GME, MRVL, PANW, ZUMZ

7 Sep 2018- GCO

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September 24, 2017 The Week Ahead

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The S&P 500 & Dow Jones Industrial Averages closed the week positive. The shining star was small caps, as the Russell 2000 gained more than 1%. However, we did see weakness in some tech names, forcing the Nasdaq to close the week 1% lower.

Shares of AAPL -5%, AMZN -3.21%, FB -0.64, and TSLA -7.56% all finished lower.

Despite the sell off in some high profile tech names, the VIX is not worried. The “fear index” closed at 9.60 on Friday.

graph
Source: TradingView

Here are how some of the most traded ETFs performed over the week: SPDR S&P 500 ETF (SPY) +0.10%, iShares Russell 2000 (IWM) +1.33%, SPDR Dow Jones Industrials Average ETF (DIA) +0.34%, and PowerShares QQQ ETF (QQQ) -1.19%

Here is how some futures/commodity related ETF’s performed over the week: United States Oil Fund (USO) +0.39%, iShares 20+ Year Treasury Bond (TLT) -0.52%, SPDR Gold Shares (GLD) -1.82%.

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

Economic Releases:
25 Sep 2017- New Home Sales 8:30 AM ET; Janet Yellen Speech 11:50 AM ET
27 Sep 2017- Durable Goods Orders 8:30 AM ET, EIA Petroleum Status Report 10:30 AM ET
28 Sep 2017- GDP 8:30 AM ET; International Trade 8:30 AM ET; Jobless Claims 8:30 AM ET
29 Sep 2017- Personal Income 8:30 AM ET

Key Earnings:
25 Sep 2017- ASNA, RHT, SNX
26 Sep 2017- FDS, INFO, MU, NKE
27 Sep 2017- JBL, PIR, THO
28 Sep 2017- BBRY, CAG, MKC, RAD, CAMP, KBH, CMD

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April 30, 2017 The Week Ahead

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The stock market posted impressive gains over the week, largely lead by a favorable French vote and somewhat decent earnings. The Nasdaq had four of its bigger firms report earnings: Amazon.com (AMZN) +2.94%, Microsoft Corporation (MSFT) +3.10%, Alphabet Inc. (GOOG) +7.44%, and Intel (INTC) -0.47%. All but Intel posted impressive gains on the week.

Here are how some of the most popular ETF Indices performed: SPDR S&P 500 ETF (SPY) +1.49%, iShares Russell 2000 (IWM) +1.35%, SPDR Dow Jones Industrials Average ETF (DIA) +1.87%, and PowerShares QQQ ETF (QQQ) +2.59%

Despite politics drawing a lot of attention, the markets don’t seem to be fazed. The VIX closed at 10.82 on Friday.

Some of the largest publically traded companies in the world will report this week. They include: Apple, CVS, Pfizer, Tesla, and Facebook.

Here are how some futures/commodity related ETF’s performed: United States Oil Fund (USO) -0.78%, iShares 20+ Year Treasury Bond (TLT) -0.96%, SPDR Gold Shares (GLD) -1.26%.

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

Key Economic Data:
03 May 2017- EIA Petroleum Status Report 10:30 AM ET; FOMC Meeting 2:00 PM ET
04 May 2017- International Trade 8:30 AM ET, Jobless Claims 8:30 AM ET
05 May 2017- Employment Situation 8:30 AM ET

Key Earnings:
02 May 2017- ADM, AET, CHTR, COH, COP, CVS, EMR, ETN, EXLS, FIS, HCA, HCP, HLT, LL, MA, MOS, MRK, PFE, SABR, SHOP, AAPL, AKAM, APC, BYD, CSOD, DVN, FEYE, FSLR, FTR, GILD, EVHC, GDDY, HUBS, MDLZ, MTCH, OCLR, OKE, TEX, TWLO
03 May 2017- ADP, CDW, CLX, DLPH, EL, FLOW, GRMN, GRPN, HUM, ICE, MCK, NYT, RAI, S, SBGI, SO, TAP, TWX, YUM, AIG, ARRS, ANSS, CAKE, CATM, CF, CRUS, CXO, DDD, FB, FIT, GLUU, LNT, KHC, LVLT, PXD, PRU, RIG, TIVO, TSLA, WMB
04 May 2017- APA, CHD, CHK, D, FLR, INCY, IT, K, OXY, ZTS, VIAB, WLTW, ATVI, CBS, LOGM, MET, MRO, PKI, VECO
05 May 2017- CNP, CTSH, HCN, MC

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April 27, 2017 Market Wrap Up

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Stocks ended up higher on the day, except for the Russell 2000, which sold off about -0.16%. The Nasdaq hit record highs, as many of the big are set to report earnings this eventing.

At the time of this writing, this is how some of them stand: Amazon (AMZN) +5%, Alphabet (GOOGL) +4.3%, Microsoft (MSFT) -0.33%, and Intel (INTC) -2.65%. That said the Nasdaq is up in the after hours about 0.5%.

Now, here is how some of the other closely followed ETFs did on the week: United States Oil Fund (USO) -0.19%, iShares 20+ Year Treasury Bond (TLT) -0.03%, SPDR Gold Shares (GLD) -0.37%.

On the options front, we saw large call buying activity in LPL Financial Holdings (LPLA), which traded 2.9 times normal option volume. In addition, we saw heavy put buying in Treehouse Foods Inc (THS), which traded 13.2 times normal option volume.

Here is what is left on the schedule:

Key Economic Data:
28 April 2017- GDP 8:30 AM ET

Key Earnings:
27 April 2017- ABBV, APD, BMY, BSX, BWA, CELG, CMCSA, CME, DOW, F, GRUB, IP, IRM, JCI, LAZ, LLL, LUV, MPC, POT, SIRI, SPG, UAA, UNP, UPS, AIV, AMZN, BIDU, EXPE, GOOGL, GPRO, INTC, MLNX, MAC, MSFT, SBUX, VRTX, WDC
28 April 2017- CL, COG, CVX, GM, GT, HST, LYB, PSX, SYF, VFC, XOM, WY

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October 27, 2016 Market Wrap Up

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The S&P 500 closed the day lower, making it the third straight losing session. Earnings continues to dominate the headlines. Thus far, earnings have been relatively mixed, giving some traders the belief that we might be in for a rate hike possibly in the NOV or DEC FOMC meeting.

In the after hours we got earnings out of Amazon (AMZN), which posted much smaller than anticipated profits. In addition, Alphabet (GOOG), topped the Street’s 3Q forecasts.

Stocks in play today included: Community Health Systems (CYH) -50%, GNC Holdings (GNC) -25%, Ocwen Financial (OCN) +16.5%, and Level 3 Communications (LVLT) +10.4%

The VIX sold gained nearly 9%, closing the day above 15, at 15.36.

Crude oil futures prices bounced a little bit, snapping a 3-day losing streak and gaining nearly 1% on the day.

On the options front, we saw large call buying activity in Iconix Brand (ICON), which traded 6.4 times normal option volume. In addition, we saw heavy put buying in Osiris Therapeutics (OSIR), which saw 9.8 times normal options volume.

Here’s what’s on tap for tomorrow:

Key Earnings:
28 Oct 2016- ABBV, AN, CVX, CBOE, HSY, MA, NWL, PSX, SNY, SHPG, TEN, WY, XOM, XRX, SIMO

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September 28, 2016 Market Wrap Up

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The S&P 500 is off to a strong week, up more than 1.1% so far. For a moment today, things started to look a little shaky, however; positive news out of the OPEC meeting caused oil prices to rise and the market followed with it. It appears that OPEC has come to an agreement to cut down on production.

Stocks in play today included: Amazon (AMZN) +1.6%, Tempur Sealy International (TPX) -22.4%, and National Beverage Corp (FIZZ) -7.3%

The VIX sold off more than 5%, closing at 12.39.

As mentioned earlier, oil prices surged today, more than 5% on hopes that an agreement has been reached amongst OPEC members to cut production down. Keep in mind, OPEC will be meeting in November, some market participants are not fully believing that OPEC will be able to follow through on this agreement and are questioning where the production will come from.

On the options front, we saw large call buying activity in Western Gas Partners (WES), which traded 54.6 times normal option volume. In addition, we saw heavy put buying in Dave and Busters Entertainment Inc (PLAY), which saw 4.3 times normal options volume.

Here’s what’s on tap for tomorrow and the rest of the week:

Key Economic Data:
29 Sep 2016- GDP 8:30 AM ET; International Trade in Goods 8:30 AM ET; Jobless Claims 8:30 AM ET
30 Sep 2016- Personal Income and Outlays 8:30 AM ET

Key Earnings:
29 Sep 2016- CAG, PEP, CAMP, COST

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July 28, 2016 Market Wrap Up

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The S&P 500 closed relatively flat ahead of a heavy earnings schedule and the aftermath of the FOMC meeting.

Stocks in play today include: Cirrus Logic (CRUS) +19.2%, Jazz Pharmaceuticals (JAZZ) +7.7%, Infinera (INFN) -33.6%, and GNC Holdings (GNC) -25%.

The VIX closed lower, now trading below 13 at 12.72.

Crude oil futures are down 6 straight days, trading barely above $41 per barrel.

On the options front, we saw large call buying activity in FireEye (FEYE), which traded 4.9 times normal volume. We also saw a ton of bearish bets being placed in Seadrill (SDRL), which traded 2.2 times usual volume.

This evening we got earnings out of Amazon (AMZN) +4.3%, Alphabet (GOOGL) +6.3%, Expedia (EXPE) -3.5%, and Eastman Chemical (EMN) -6.6% to name a few.

Here’s what’s on tap for tomorrow:

Key Economic Data:
29 July 2016- GDP 8:30 AM ET

Key Earnings:
29 July 2016- ABBV, AN, BUD, CBOE, CPN, CVX, LYB, MRK, NWL, PSX, SAVE, UPS, WG, XOM

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July 24, 2016 The Week Ahead

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The S&P 500 closed the week near record levels, making that the fourth straight week of positive gains. We now set up for one of the busiest earning weeks of the year, along with the FOMC meeting on Wednesday.

The VIX continued to decline during the week, closing on Friday at 12.02.

Crude oil futures prices fell about 4% on the week. On the other hand, gold futures prices dropped about 1%. T-bond futures prices closed relatively flat on the week.

As mentioned earlier, earnings season starts really pick up now. We’ll be hearing from Apple (AAPL), Coca-Cola (KO), Mcdonald’s (MCD), Amazon (AMZN), and ExxonMobil (XOM) just to name a few.

Here is what is on tap for this upcoming week:

Key Economic Data:
26 July 2016- New Home Sales 10:00 AM ET
27 July 2016- Durable Goods Orders 8:30 AM ET, EIA Petroleum Status Report 10:30 AM ET, FOMC Meeting Announcement 2:00 PM ET
28 July 2016- International Trade in Goods 8:30 AM ET, Jobless Claims 8:30 AM ET
29 July 2016- GDP 8:30 AM ET

Key Earnings:
25 July 2016- COL, DHR, KMB, S, CR, ESRX, GILD, LVS, TXN
26 July 2016- AKS, ALLY, BAX, BEAV, BP, CAT, CHKP, CVLT, DD, FCX, DD, HOT, JBLU, JNS, KEY, KKR, LLY, MAS, MBLY, MCD, UA, UTX, VLO, VZ, WAT, AAPL, AKAM, APC, ASH, BWLD, CAKE, CAVM, ILMN, IRBT, JNPR, LLTC, PNRA, TWTR, X, ZION
27 July 2016- ARMH, ANTM, CMCSA, DB, DPS, GLW, GRMN, HES, HLT, IR, KO, LVLT, MDLZ, MO, NDAQ, NOC, ROK, SIX, STT, SVU, STM, AF, CA, CAKE, CRUS, GRPN, INFN, LM, MCK, NOW, PXD, ORLY, VRTX, WFM, XLNX
28 July 2016- APD, AZN, BWA, BMY, CAB, CELG, CL, CLF, CME, COMM, COP, DOW, ESV, F, GRUB, HOG, HSY, IP, LEA, LLL, MA, MJN, NOV, PENN, POT, WWE, AMZN, CBS, BIDU, CY, DECK, ES, EXPE, GOOGL, HIG, INVN, N, RSG, STRZA, WDC
29 July 2016- ABBV, AN, BUD, CBOE, CPN, CVX, LYB, MRK, NWL, PSX, SAVE, UPS, WG, XOM

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July 12, 2016 Market Wrap Up

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The S&P 500 is now at record levels, as earnings season is freshly upon us. Not only that, but the Russell 2000 is up around 10% over the last ten days, as we’re seeing investors gain a stronger appetite for risk.

Stocks in play today include: American Airlines Group (AAL) +11.26%, Amazon (AMZN) -.89%, Stone Energy (SGY) +23.45%, and Netsuite (N) +10.7%.

Despite all major indices advancing, the VIX actually didn’t move much…closing the day at 13.55.

Crude oil futures gained more than 4% today closing slightly below $47 per barrel. With that said, crude oil is about 9% off its year to date hights.

On the options front, we saw large call buying activity in Etsy (ETSY), which traded 63.2 times normal volume. We also saw a ton of bearish bets being placed in Cracker Barrel (CBRL), which traded 5.8 times usual volume.

Here’s what’s on tap for tomorrow and the rest of the week:

Key Economic Data:
13 July 2016- EIA Petroleum Status Report 10:30 AM ET
14 July 2016- Jobless Claims 8:30 AM ET, PPI-FD 8:30 AM ET
15 July 2016- Consumer Price Index 8:30 AM ET, Retail Sales 8:30 ET, Industrial Production 9:15 AM ET

Key Earnings:
13 July 2016- CSX, YUM
14 July 2016- BLK, JPM, PGR, AMD
15 July 2016- C, WFC, USB, FBR, PNC