Stock Market Watch For the Week of July 1st

Education, Trading , , , , ,

The S&P 500 is starting the second half of 2019, just liked it closed the first-half, red-hot.

Over the weekend it was announced that the U.S. and China have come to terms on a trade truce (G-20 Summit). This adds to an already bullish picture for stocks, it’s expected that the Fed will cut interest rates this month, the first time in a decade.

Here are some notes going into the second-half of 2019

  • The S&P 500 had the best June performance since 1955, gaining 6.9%
  • Traders are pricing in a 100% chance of a rate cut in July
  • Gold prices closed above $1400 per troy ounce
  • Bitcoin is back above $10K, and is trending higher
  • IPO Madness: Uber, Lyft, Beyond Meat, and Zoom Video are among the top names

That said, the VIX, the market’s fear index, appears to be headed lower again.

graph
Source: Yahoo

Here are how some of the most actively traded index ETFs performing over the week: SPDR S&P 500 ETF (SPY) -0.34%; iShares Russell 2000 ETF (IWM) +1.01%; SPDR Dow Jones Industrial Average ETF (DIA) -0.47%; Invesco QQQ Trust (QQQ) -0.97%

Here is how some of the most actively traded commodity and interest rate ETFs performed: United States Oil Fund (USO) +0.58%, iShares 20+ Year Treasury Bond (TLT) +1.05%, SPDR Gold Shares (GLD) +0.92%

Economic Releases:
1 July 2019- ISM Manufacturing 10:00 AM ET

3 July 2019- International Trade 8:30 AM ET; Jobless Claims 8:30 AM ET; EIA Petroleum Status Report at 10:30 AM ET

5 July 2019- Employment Situation 8:30 AM ET

Be sure to check out our Active Trading Masters Program | Online Courses

Stock Market Watch For the Week of June 24th

Education, Trading , ,

The S&P 500 is right at all-time highs, as the overall stock market is having one of its strongest first-half performances in terms of percentage gains.

The Federal Reserve Bank can take much of the credit. As it appears that they are ready to cut rates for the first time since 2008.

An interest rate cut would mean that money becomes easier to borrow… which in turn should motivate businesses to grow.

That said, here’s how the first of half of 2019 looks thus far:

  • Oil prices are surging due to geopolitical tensions between the U.S. and Iran
  • No deal to the trade war yet, G20 Summit is this weekend, where leaders of the U.S. and China are set to meet
  • Gold prices are above $1400 for the first time in six years
  • Bitcoin is back above $10K and is trending higher

That said, the VIX, the market’s fear index, appears to be taking it all in stride.

graph
Source: Yahoo

Here are how some of the most actively traded index ETFs performing over the week: SPDR S&P 500 ETF (SPY) +1.64%; iShares Russell 2000 ETF (IWM) +1.46%; SPDR Dow Jones Industrial Average ETF (DIA) +2.14%; Invesco QQQ Trust (QQQ) +3.25%

Here is how some of the most actively traded commodity and interest rate ETFs performed: United States Oil Fund (USO) +4.01%, iShares 20+ Year Treasury Bond (TLT) -0.02%, SPDR Gold Shares (GLD) +4.28%

Economic Releases:
25 June 2019- New Home Sales 10:00 AM ET

26 June 2019- Durable Goods Orders 8:30 AM ET; International Trade in Goods 8:30 AM ET; EIA Petroleum Status Report 10:30 AM ET

27 June 2019- GDP 8:30 AM ET; Jobless Claims 8:30 AM ET; EIA Petroleum Status Report 10:30 AM ET

28 June 2019- Personal Income and Outlays 8:30 AM ET

Key Earnings:
25 June 2019- FDS, LEN, AVAV, FDX, MU, SNX

26 June 2019- BB, GIS, INFO, PAYX, UNF, FUL, MLHR, KBH, NG, PIR, RAD, WOR

27 June 2019- ACN, APOG, CAG, GMS, MKC, PDCO, WBA, NKE, PRGS

28 June 2019- STZ, JKS, ADPT, BBIO, CMBM, CHNG, REAL

Be sure to check out our Active Trading Masters Program | Online Courses

December 10, 2017 The Week Ahead

Education, Trading , , , , , ,

The market continue to spring higher as we approach the end of the year. All eyes will be on the FOMC this week as they are set to announce a potential interest rate hike. However, it’s their forecast that investors will be paying attention to closely.

Trading volumes should slow down in the next coming weeks. That said, traders may still find some opportunities in low-float stocks.

In addition, Bitcoin futures are set to start trading this Sunday.

The “fear index” closed at 9.60 on Friday, as it now sits near the 52-week lows.


Source: TradingView

Here are how some of the most traded ETFs performed over the week: SPDR S&P 500 ETF (SPY) +0.40%, iShares Russell 2000 (IWM) -1.05%, SPDR Dow Jones Industrials Average ETF (DIA) +0.48%, and PowerShares QQQ ETF (QQQ) +0.14%

Here is how some futures/commodity related ETF’s performed over the week: United States Oil Fund (USO) -1.54%, iShares 20+ Year Treasury Bond (TLT) +0.11%, SPDR Gold Shares (GLD) -2.56%

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

Economic Releases:
12 Dec 2017- PPI 8:30 AM ET
13 Dec 2017- CPI 8:30 AM ET; EIA Petroleum Status Report 10:30 AM ET; FOMC Announcement 2:00 PM ET
14 Dec 2017- Jobless Claims 8:30 AM ET; Retail Sales 8:30 AM ET
15 Dec 2017- Industrial Production 9:15 AM ET

Key Earnings:
11 Dec 2017- KMG
12 Dec 2017- CASY, PAY, ARWR
13 Dec 2017- OPTT, PIR
14 Dec 2017- ADBE, COST, JBL, ORCL, SAFM

Be sure to check out our Active Trading Masters Program | Online Courses

November 26, 2017 The Week Ahead

Education, Trading , , , , , , , ,

The markets continue to slowly grind higher as it appears they have completely dislocated from the news. In addition, cryptocurrencies like BitCoin are garnering so much attention that they are overshadowing the lack of volatility we are seeing in the market.

The “fear index” closed at 9.65 on Friday; and according to the chart it printed 8.60 on a flash down that day.

graph
Source: TradingView

Here are how some of the most traded ETFs performed over the week: SPDR S&P 500 ETF (SPY) +0.68%, iShares Russell 2000 (IWM) +2.15%, SPDR Dow Jones Industrials Average ETF (DIA) +0.24%, and PowerShares QQQ ETF (QQQ) +1.11%

Here is how some futures/commodity related ETF’s performed over the week: United States Oil Fund (USO) +6.55%, iShares 20+ Year Treasury Bond (TLT) +1.09%, SPDR Gold Shares (GLD) +0.75%

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

Economic Releases:
27 Nov 2017- New Home Sales 10:00 AM ET
28 Nov 2017- International Trade In Goods 8:30 AM ET
29 Nov 2017- GDP 8:30 AM ET; EIA Petroleum Status Report 10:30 AM ET
30 Nov 2017- Jobless Claims 8:30 AM ET; Personal Income and Outlays 8:30 AM ET
1 Dec 2017- ISM Manufacturing Index 10:00 AM ET

Key Earnings:
27 Nov 2017- THO
28 Nov 2017- NOMD, NUAN, ADSK
29 Nov 2017- TIF, BOX, DSGX, JACK, LZB, SNPS, WDAY
30 Nov 2017- BKS, KR, MIK, PERY, TD, AMBA, ULTA, VMW, YEXT, ZUMZ

Be sure to check out our Active Trading Masters Program | Online Courses