October 23, 2018 The Week Ahead

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The stock market continues to sell-off on fears of rising rates, trade disputes, and geopolitical tensions. Despite this, earnings have been relatively strong to date. However, we can’t deny the weakness in certain sectors. For example, the homebuilders ETF has sold off 21 out of 23 days.

Going into the week the focus will be on earnings. Outside of the US Markets, traders are following Italy’s budget story as well as the Shanghai index. It was announced earlier that China’s Q3 GDP grew at a slower pace than projected.

The VIX continues to trade above the 20 level as risk off maintains to be a theme in the markets.

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Economic Releases:
24 Oct 2018- New Home Sales 10:00 AM ET; EIA Petroleum Status Report 10:30 AM ET

25 Oct 2018- Durable Goods Orders 8:30 AM ET; International Trade In Goods 8:30 AM ET; Jobless Claims 8:30 AM ET

26 Oct 2018- GDP 8:30 AM ET

28 Oct 2018- Jobless Claims 8:30 AM ET; Philly Fed Business Survey 8:30 AM ET

29 Oct 2018- Existing Home Sales 10:00 AM ET

Key Earnings:
25 Oct 2018- BAC, SCHW, RIO

26 Oct 2018- BLAK, DPZ, GS, GWW, JNJ, NS, PGR, UNH, CREE, CSX, IBM, NFLX, UAL

27 Oct 2018- AA, ASML, ABT, BMI, KMI, MTB, USB, WPP, URI, CCI, SLG, STLD, URI

28 Oct 2018- BBT, BK, BX, DHR, DOV, ERIC, GPC, NUE, NVS, PM, POOL, PPG, SON, TRV, TXT, WBC, WBS, AXP, EBAY, ETFC, ISRG, PYPL, OZK, WERN

29 Oct 2018- CLF, HON, PG, SLB, SYF, VFC, STT, CFG

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October 15, 2018 The Week Ahead

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The stock market sold off aggressively over week, as investors worry that higher interest rates could slow down the economy. Trade disputes with China also linger in the background. However, all that can change if earnings are strong this quarter.

Notable movers over the week included SQ -21.4%, BA -6.8%, and NIO +19.17%

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) -3.04%, SPDR S&P 500 ETF (SPY) -4.12%, SPDR Dow Jones Industrial Average ETF (DIA) -4.17%, iShares Russell 2000 ETF (IWM) -5.28%

The VIX climbed more than 43% over the week, closing at 21.31 on Friday.

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Here are how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) -3.63%, iShares 20+ Year Treasury Bond (TLT) +1.27%, SPDR Gold Shares (GLD) +1.26%

Economic Releases:
15 Oct 2018- Retail Sales 8:30 AM ET

16 Oct 2018- Industrial Production 9:15 AM ET; Jobless Claims 8:30 AM ET

17 Oct 2018- Housing Starts 8:30 AM ET; EIA Petroleum Status Report 10:30 AM ET; FOMC Minutes 2:00 PM

18 Oct 2018- Jobless Claims 8:30 AM ET; Philly Fed Business Survey 8:30 AM ET

19 Oct 2018- Existing Home Sales 10:00 AM ET

Key Earnings:
15 Oct 2018- BAC, SCHW, RIO

16 Oct 2018- BLAK, DPZ, GS, GWW, JNJ, NS, PGR, UNH, CREE, CSX, IBM, NFLX, UAL

17 Oct 2018- AA, ASML, ABT, BMI, KMI, MTB, USB, WPP, URI, CCI, SLG, STLD, URI

18 Oct 2018- BBT, BK, BX, DHR, DOV, ERIC, GPC, NUE, NVS, PM, POOL, PPG, SON, TRV, TXT, WBC, WBS, AXP, EBAY, ETFC, ISRG, PYPL, OZK, WERN

19 Oct 2018- CLF, HON, PG, SLB, SYF, VFC, STT, CFG

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September 10, 2018 The Week Ahead

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It was a rough week for U.S. stocks, specifically the tech heavy Nasdaq. Semiconductors like KLAC, MU, and AMAT were all under heavy selling pressure. Pot stocks remained active, as Tilray gained over 30%

Other notable stock movers over the week included: ZUO -24.9%, RH -19.7%, ULTA +16.9%, and FB -8.2%

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) -2.84%, SPDR S&P 500 ETF (SPY) -0.93%, SPDR Dow Jones Industrial Average ETF (DIA) -0.18%, iShares Russell 2000 ETF (IWM) -1.06%

We’ll see if the President’s recent comments regarding trade with China escalate and put a further scare into the markets… just in time for Halloween.

The VIX closed at 14.88 on Friday, a gain of 13.5%

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Here are how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) -3.19%, iShares 20+ Year Treasury Bond (TLT) -1.77%, SPDR Gold Shares (GLD) -0.36%

Economic Releases:
12 Sep 2018- PPI- FD 8:30 AM ET; EIA Petroleum Status Report 10:30 AM ET

13 Sep 2018- CPI 8:30 AM ET; Jobless Claims 8:30 AM ET

14 Sep 2018- Retail Sales 8:30 AM ET; Industrial Production 8:30 AM ET

Key Earnings:
10 Sep 2018- HOV, CASY, SONO

11 Sep 2018- FRAN

12 Sep 2018- COOL, TLRD, SAIC, PVTL

13 Sep 2018- KR, ADBE, VNCE, ORCL

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August 20, 2018 The Week Ahead

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Stocks were mixed during the week as attention remains on the ongoing currency crisis in Turkey as well as, trade negotiations between the US and China. The number of earnings reports are declining and trading volumes are starting to come in as the summer drags along.

Stocks in play during the week included: WMT +8.51%, TSLA -14.06%, CGC +19.47%, SWCH -26.79%, and JWN +12.55%

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) -0.37%, SPDR S&P 500 ETF (SPY) +0.67%, SPDR Dow Jones Industrial Average ETF (DIA) +1.27%, iShares Russell 2000 ETF (IWM) +0.49%

The VIX closed at 12.60 on Friday.

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Here are how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) -2.77%, iShares 20+ Year Treasury Bond (TLT) +0.27%, SPDR Gold Shares (GLD) -2.23%

Economic Releases:
22 Aug 2018- EIA Petroleum Status Report 10:30 AM ET; FOMC Minutes 2:00 PM ET

23 Aug 2018- Jobless Claims 8:30 AM ET; PMI Composite Flash 9:45 AM ET; New Home Sales 10:00 AM ET

Key Earnings:
20 Aug 2018- EL, BHP, FN

21 Aug 2018- COTY, KSS, TJX, TOL, KEYS, LZB, URBN

22 Aug 2018- LOW, TGT, ADI, SMRT

23 Aug 2018- BABA, ADSK, INTU, LB, ROST, SNPS, SPLK, VEEV

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June 25, 2018 The Week Ahead

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U.S. stocks traded lower over the week as trade talks between China has escalated. The U.S. has implemented an additional $200B in tariffs on China. That said, China countered with their own tariffs. Going into next week traders will be watching international news, specifically the Turkish elections and politics out of Italy.

Stocks in play included: HRTX +38%; SRPT +37%; FMI +34%; and SFIX +16.6%

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) -1.04%, SPDR S&P 500 ETF (SPY) -0.87%, SPDR Dow Jones Industrial Average ETF (DIA) -2.01%, iShares Russell 2000 ETF (IWM) +0.01%

The VIX closed the week higher, finishing it at 13.8

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Here are how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) +7.39%, iShares 20+ Year Treasury Bond (TLT) +0.17%, SPDR Gold Shares (GLD) -0.82%

Economic Releases:
25 June 2018- New Home Sales 10:00 AM ET

27 June 2018- Durable Goods Orders 8:30 AM ET; International Trade in Goods 8:30 AM ET; EIA Petroleum Status Report 10:30 AM ET

28 June 2018- Jobless Claims 8:30 AM ET; GDP 8:30 AM ET

29 June 2018- Personal Income and Outlays 8:30 AM ET

Key Earnings:
25 June 2018- CCL

26 June 2018- FDES, LEN, SONC

27 June 2018- GIS, PAYX, UNF, BBBY, PIR, RAD, WOR, FC

28 June 2018- APOG, CAG, GMS, LNN, MKC, WBA, NKE, KBH

29 June 2018- STZ

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June 18, 2018 The Week Ahead

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U.S. stocks were mixed over the week after the Federal Reserve Bank announced an interest rate hike. Also capturing headlines were the Trump tariff announcement on China. Traders will be watching the situation and whether or not it escalates any further.

Stocks in play included: Restoration Hardware +42%, Canada Goose Holdings +41%, Pivotal Software +39%, Carbon Black +32.8%, and Huya Inc. 32.4%

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) +1.46%, SPDR S&P 500 ETF (SPY) -0.38%, SPDR Dow Jones Industrial Average ETF (DIA) -1.00%, iShares Russell 2000 ETF (IWM) +0.77%

The VIX closed lower on Friday, finishing it at 11.98.

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Here are how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) +0.77%, iShares 20+ Year Treasury Bond (TLT) +0.71%, SPDR Gold Shares (GLD) -1.36%

Economic Releases:
19 June 2018- Housing Starts 8:30 AM ET

20 June 2018- Existing Home Sales 10:00 AM ET; EIA Petroleum Status Report 10:30 AM ET

21 June 2018- Jobless Claims 8:30 AM ET; Philly Fed Business Outlook Survey 8:30 AM ET

22 June 2018- PMI Composite Flash 9:45 AM ET

Key Earnings:
19 June 2018- EQH, FDX, LZB, ORCL

20 June 2018- MU, AOBC, SCS, BNED

21 June 2018- CMC, DRI, KR, MEI, PDCO, RHT

22 June 2018- KMX

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June 4, 2018 The Week Ahead

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U.S. stocks were mixed during the week with strength in the Nasdaq and Russell indexes, while the S&P 500 was slightly positive and the Dow Jones Industrials closing negative on the week. U.S jobs reported on Friday were solid, giving notion to the idea that the FOMC will raise rates again in their June meeting.

With earnings winding down and the summer around the corner, risk in the markets has shifted from domestic to overseas. Potential catalysts are trade disputes with China, politics in Europe, and peace negotiations with North Korea.

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) +1.88%, SPDR S&P 500 ETF (SPY) +0.29%, SPDR Dow Jones Industrial Average ETF (DIA) -0.63%, iShares Russell 2000 ETF (IWM) +1.12%

The VIX climbed slightly, closing at 13.50 on Friday.

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Here are how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) -7.28%, iShares 20+ Year Treasury Bond (TLT) +1.19%, SPDR Gold Shares (GLD) -0.89%

Economic Releases:
6 June 2018- International Trade 8:30 AM ET; EIA Petroleum Status Report 10:30 AM

7 June 2018- Jobless Claims 8:30 AM ET

Key Earnings:
4 June 2018- DVMT, ROAD, ASNA, COUP, HQY, NX, PANW

5 June 2018- DLTH, FRAN, GCO, GII, HDS, NAV, AMBA, GWRE, IDT, OLLI

6 June 2018- SIG, CLDR, FIVE, MIND, REVG, SEAC, THO, UNFI, ZS

7 June 2018- FCEL, SJM, AVGO, HOME, HOV, ZUMZ

8 June 2018- LAKE

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May 29, 2018 The Week Ahead

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U.S. stocks were relatively quiet during the week. Entering the summer we can expect trading volumes to decline along with market volatility. However, the energy market has been volatile, crude oil dropped 4% on Friday.

If there is any risk in the market currently it will come from overseas. Some potential catalysts include European elections, North Korea, and trade negotiations with China.

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) +1.35%, SPDR S&P 500 ETF (SPY) +0.30%, SPDR Dow Jones Industrial Average ETF (DIA) +0.15%, iShares Russell 2000 ETF (IWM) -0.08%

The VIX climbed slightly, closing at 13.20 on Friday.

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Here are how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) -5.20%, iShares 20+ Year Treasury Bond (TLT) +2.02%, SPDR Gold Shares (GLD) +0.65%

Economic Releases:
30 May 2018- ADP Employment Situation 8:30 AM ET; International Trade in Goods 8:30 AM

31 May 2018- Jobless Claims 8:30 AM ET; Personal Income and Outlays 8:30 AM ET; EIA Petroleum Status Report 11:00 AM ET

1 June 2018- Employment Situation 8:30 AM ET; ISM Manufacturing Index 10:00 AM ET

Key Earnings:
29 May 2018- BAH, WMS, CRM, HPQ

30 May 2018- ADI, DAKT, DKS, DSW, MOV, BOX, GES, KEYS, PVH, SMTC

31 May 2018- CIEN, CMD, AEO, CMD, DG, DLTR, EXPR, TITN, COST, GME, ULTA, VMW, WDAY

1 June 2018- ANF

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February 15, 2016 The Week Ahead

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The S&P 500 finished the week slightly lower and really not that far off our most recent lows. It doesn’t help that European markets are near multi-year lows and the Japanese market is down 20% year-to-date.

Not to mention, crude oil prices are hovering below $30 a barrel, putting a drag on global economies.

Many were expecting the markets to be subdued after China’s markets were closed for holiday.

However, that was not the case at all.

We’ll have to see how markets react during this shortened 4-day trading week.

The VIX closed the week higher, despite dropping nearly 10% on Friday, closing above 25.

Crude oil prices are still very near their most recent lows. The market has seen minor price spikes on rumors that OPEC might do something to try to stop the free-fall in prices. However, this continues to remain speculation.

There are still a ton of earnings this week along with a decent amount of economic events.

Here’s what else is on tap:

Key Economic Data:
17 February 2016- Housing Starts 8:30 AM ET, PPI 8:30 AM ET, Industrial Production 9:15 AM ET, FOMC Minutes 2:00 PM ET
18 February 2016- Jobless Claims 8:30 AM ET, Philly Fed Survey 8:30 AM ET, EIA Petroleum Status Report 11:00 AM ET
19 February 2016- Consumer Price Index 8:30 AM ET

Key Earnings:
16 February 2016- DF, GPC, A, BYD, DVN, ESRX, RAX, NBR, TEX, TRU
17 February 2016- DPS, GRMN, TMUS, PCLN, SHOP, BLMN, HST, BRCD, CF, CYH, GDDY, JIVE, MAR, MRO, NTAP, NVDA, SPWR, WMB, PKD
18 February 2016- CAB, DAN, DISCA, DUK, HOT, LNG, MGM, MPEL, WM, WMT, PCG, AMAT, JWN, SAM, WAGE
19 February 2016- DE

Key Conferences:
15 February 2016- CAGNY Conference (runs till 2/19)
17 February 2016- Barclay’s Industrial Conference (runs till 2/19)

February 11, 2016 Market Wrap Up

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The Equity markets have not seen a green day in five days, as we’re down nearly 5% over this period. With that said, we did see a slight bounce off the lows in the S&P 500. Overall, it was very controlled selling, we traded in a range between 1810 and 1847.

With China on holiday, a lot of the focus was on Fed Chairman Yellen’s testimony and the action in the crude oil market. Now, the Chairman’s testimony was unable to spark a rally. Luckily, crude oil was able to catch a bounce late afternoon after hovering below $27 per barrel.

The bounce was attributed to some chatter out of OPEC. The UAE Energy Minister mentioned that he would be open to discussing supply cuts, according to the Wall Street Journal. Of course, that was enough to turn crude oil around and enough to reduce some of the losses in the equity markets.

The VIX traded above 30 at one point, closing the day 7% higher at 28.14.

On the options front, we saw large call buying activity in Rentech Nitrogen Partners (RNF). In addition, we saw heavy put buying in Eaton Vance Corp (EV), about 12.4 times usual options volume.

Stocks in play included: J2 Global (JCOM) +16%, Tesla (TSLA) +5.8%, and Bank of America (BAC) -5.6%

Here’s what’s going on tomorrow:

Key Economic Data:
12 February 2016- Retail Sales 8:30 AM ET

Key Conferences:
12 February 2016- KBW Financial Conference