May 4, 2016 Market Wrap Up

May 4, 2016 tvcuser Education, Trading BGCP, Crude Oil, Data, DEPO, Earnings, Economic, FIT, OZRK, PEGI, S&P 500, SCTY, TSLA, VIX, WFM

The S&P 500 sold off for the second consecutive day, and is now down more than .5% on the week so far. Some attribute this to some weak economic data, as we saw a drop in imports today.

Some of the highlights today included comments out the Sohn Investment Conference. A meeting of some of the sharpest minds on wall street, presenting their top picks for the year. With that said, we saw a decent amount of volatility in individual stocks mentioned; as traders and machine reading algos reacted to the conference.

Names mentioned included: Bank Of The Ozarks (OZRK) -4.2%. Solarcity (SCTY) -9.2%, and Depomed (DEPO) -1.1%

The VIX caught a bid, closing the day at 16.05, an increase of nearly 3%.

Crude Oil is down around 5% over the last 4 trading sessions. However, it did manage to bounce back from earlier lows, despite seeing a higher than expected build out the DOE report.

On the options front, we saw large call buying activity in BGC Partners (BGCP). In addition, we saw heavy put buying in Pattern Energy Group (PEGI), which saw 6.7 times usual options volume.

This evening we got earnings out of Tesla (TSLA) +0.5%, Whole Foods Market (WFM) +2.9%, and Fitbit (FIT) -11.7% to name a few.

Here’s what’s left for the rest of the week:

Key Economic Data:
5 May 2016– GDP 8:30 AM ET, Jobless Claims 8:30 AM ET
6 May 2016– Employment Situation 8:30 AM ET

Key Earnings:
5 May 2016– APO, AVP, BABA, CHK, DDD, DISCA, FIG, G, ITG, K, LXP, MGM, MRK, OA, REGN, SEAS, WFT, ANET, ATVI, DATA, DWA, ENDP, FEYE, GPRO, HLF, MDVN, OLED, POST, TRUE, UBNT, YELP
6 May 2016– AGN, WLTW, WY, EXC

May 1, 2016 The Week Ahead

May 1, 2016 tvcuser Education, Trading Crude Oil, Data, Earnings, Economic, S&P 500, VIX

The S&P 500 finished the week lower, a drop of about 1.25%. This was after a busy week of mixed earnings, along with the FOMC announcement. It’s clear that sentiment has gotten a lot more cautious over the last couple of trading days.

For example, the VIX spiked up more than 2.5 points from last friday’s close.

Despite all this… crude oil prices continue to surge, as we closed the week more than 5% higher. It appears we have a date with 50, as the futures closed slightly below $46 per barrel on friday.

It’s another jam packed week of earnings reports so please check the dates below.

Here’s what’s on tap for this week coming up…

Key Economic Data:
2 May 2016- ISM Manufacturing Index 10:00 AM ET
4 May 2016- International Trade 8:30 AM ET, EIA Petroleum Status Report 10:30 AM ET
5 May 2016- GDP 8:30 AM ET, Jobless Claims 8:30 AM ET
6 May 2016- Employment Situation 8:30 AM ET

Key Earnings:
2 May 2016- BSFT, HP, L, RACE, SYY, AIG, EIX, GGP, ONDK, TCO, TSRA, VNO
3 May 2016- ADM, BNP, CLX, CMI, CVS, DUK, ECL, EL, EMR, FTR, GRUB, H, HCA, HOT, MNK, MOS, NI, PBI, PFE, S, TAP, UBS, VLO, VMC, CAR, CBS, DVN, DYN, GLUU, ILMN, MAC, NDLS, NFX, WU, XPO, ZEN, ZG
4 May 2016- BUD, DLPH, ENR, FUN, HAIN, HUM, ICE, KATE, MOS, PCLN, SHOP, TWX, ZTS, CB, EQIX, FIT, GDDY, MAA, MCK, MET, MRO, MUR, PRI, QRVO, TRIP, TROX, TSLA, WFM, WMB, WTW, ZNGA
5 May 2016- APO, AVP, BABA, CHK, DDD, DISCA, FIG, G, ITG, K, LXP, MGM, MRK, OA, REGN, SEAS, WFT, ANET, ATVI, DATA, DWA, ENDP, FEYE, GPRO, HLF, MDVN, OLED, POST, TRUE, UBNT, YELP
6 May 2016- AGN, WLTW, WY,EXC

April 28, 2016 Market Wrap Up

April 28, 2016 tvcuser Education, Trading AAPL, AMZN, Crude Oil, Data, Earnings, Economic, LNKD, P, S&P 500, SWKS, SYNA, TROX, VIX

It was a pretty busy day in the markets, so let’s highlight some of the key events that went down. First, the futures took a hit pre-market after the Bank of Japan decided not to add further stimulus. It was widely accepted that they would continue to add stimulus and that was not the case at all.

With that said, the S&P 500 managed to rally into the green. That’s with a weaker than expected GDP number. However, we started to see some selling pressure after Billionaire Investor, Carl Icahn gave some cautious views on the market, not to mention, he sold all of his Apple (AAPL) stake, which took the stock and the overall market down.

The S&P 500 closed down nearly 1%, gold futures were up nearly 2%, and silver futures were more than 2%.

The VIX caught a bid, closing the day at 15.22, an increase of more than 10%.

Crude Oil shrugged off the weakness in the equity markets as it continues to chase the $50 per barrel level. The futures are currently trading above $46 per barrel.

On the options front, we saw large call buying activity in Tronox (TROX). In addition, we saw heavy put buying in Synaptics Incorporated (SYNA), which saw 3.2 times usual options volume.

This evening we got earnings out of Amazon (AMZN) +11.7%, Linkedin (LNKD) +11%, Pandora (P) +8%, and Skyworks Solutions (SWKS) -4.1% to name a few.

Here’s what’s left for the last trading day of the month:

Key Economic Data:
29 April 2016- Personal Income and Outlays 8:30 AM ET

Key Earnings:
29 April 2016- CBOE, PSX, SHPG, XOM, TYC

April 26, 2016 Market Wrap Up

April 26, 2016 tvcuser Education, Trading AAPL, ANFI, CMG, Crude Oil, Data, Earnings, Economic, EXAM, HBAN, S&P 500, SRPT, TWTR, VIX

The market was relatively flat today, ahead of a heavy earnings and data week. The S&P 500 closed the day at 2091.70.

This evening we got results out of Twitter (TWTR) -9.3%, Apple (AAPL) -8.5%, and Chipotle Mexican Grill (CMG) -2.3%.

Overall, this should have a negative effect on the market. However, we’ve got the FOMC announcement which has the potential to shift the markets in either direction.

The VIX caught a bid, closing the day at 13.96.

Crude Oil has had a nice bounce today, climbing in the after hours after seeing a draw in the API data. We’re now trading above $44 a barrel.

On the options front, we saw large call buying activity in Huntington Bancshares Inc (HBAN). In addition, we saw heavy put buying in ExamWorks Group (EXAM), which saw 7.4 times usual options volume.

Stocks in play included: Sarepta (SRPT) -31%, Amira Nature Foods (ANFI) -16.6%, and Valeant Pharmaceuticals +2.2%.

Here’s what’s left for the rest of the week:

Key Economic Data:
27 April 2016- International Trade in Goods 8:30 AM ET, EIA Petroleum Status Report 10 :30 AM ET, FOMC Meeting Announcement 2:00 PM ET

28 April 2016- GDP 8:30 AM ET, Jobless Claims 8:30 AM ET

29 April 2016- Personal Income and Outlays 8:30 AM ET

Key Earnings:
27 April 2016- ANTM, BA, BEN, BHI, CMCSA, DPS, GSK, GRMN, HES, HLT, IP, LLL, MDLZ, NDAQ, NOC, SC, SO, UTX, AVB, FB, FSLR, HOLX, INFN, MAR, WLL, XLNX

28 April 2016- ABBV, ADP, AET, APD, BMY, CAB, CAH, CELG, CL, CLF, CME, COMM, COP, DB, DOW, DPZ, F, MA, MJN, MO, MPC, NOV, TMO, PTEN, RTN, TWC, UPS, VALE, VIAB, AMGN, AMZN, CATM, EXPE, FLEX, JNPR, LNKD, OUTR, P, QLIK, STRZA, SWKS, WDC

29 April 2016- CBOE, PSX, SHPG, XOM, TYC

April 24, 2016 The Week Ahead

April 24, 2016 tvcuser Education, Trading Crude Oil, Data, Earnings, Economic, S&P 500, VIX

The S&P 500 finished the week slightly higher, still within close distance from the all-time highs. Not too shabby considering many of the earnings out have been rather weak. In terms of this upcoming week, we’ll be stuffed with earnings and economic data.

For example, we’ll have earnings out of Amazon, Apple, Facebook, and Exxon just to name a few. In addition, an FOMC announcement on Wednesday and GDP on Thursday.

The VIX closed the week slowly, at 13.22. This makes 8 straight trading days that the VIX has closed below 14, making it the longest streak of the year.

Crude oil finished the week about 8% higher from last Friday. For many, this came as a surprise given there was no real positives that came out of the Doha meeting. With that said, the futures shrugged that off after Monday’s sell-off.

Here’s what’s on tap for this week coming up…

Key Economic Data:
25 April 2016- New Home Sales 10:00 AM ET
26 April 2016- Durable Goods Orders 8:30 AM ET
28 April 2016- GDP 8:30 AM ET, Jobless Claims 8:30 AM ET
29 April 2016- Personal Income and Outlays 8:30 AM ET

Key Earnings:
25 April 2016- FDC, HAL, KKR, LH, XRX, AGNC, CDNS, ESRX, KN, NBR, NXPI, PXD, SWFT, ZION, RE
26 April 2016- AKS, ALLY, BAX, BP, CNX, COH, DD, FCX, GLW, HSY, IR, JBLU, JNS, LLY, LMT, MAS, MHFI, MMM, ODP, PCAR, PG, PH, R, RAI, SAVE, SPG, STAY, SVU, TMUS, WAT, WYN, APPL, AKAM, ASH, BWLD, BYD, CAKE, CMG, CREE, COF, CRUS, EBAY, EW, FTNT, IRBT, NCR, PNRA, SLCA, T, TEX, TWTR, TX, X
27 April 2016- ANTM, BA, BEN, BHI, CMCSA, DPS, GSK, GRMN, HES, HLT, IP, LLL, MDLZ, NDAQ, NOC, SC, SO, UTX, AVB, FB, FSLR, HOLX, INFN, MAR, WLL, XLNX
28 April 2016- ABBV, ADP, AET, APD, BMY, CAB, CAH, CELG, CL, CLF, CME, COMM, COP, DB, DOW, DPZ, F, MA, MJN, MO, MPC, NOV, TMO, PTEN, RTN, TWC, UPS, VALE, VIAB, AMGN, AMZN, CATM, EXPE, FLEX, JNPR, LNKD, OUTR, P, QLIK, STRZA, SWKS, WDC
29 April 2016- CBOE, PSX, SHPG, XOM, TYC

April 21, 2016 Market Wrap Up

April 21, 2016 tvcuser Education, Trading BIIB, CDK, Crude Oil, Earnings, GOOGL, MSFT, S&P 500, SBUX, TDW, VIAB, VIX, XON

The market was relatively weak today, with the Dow Jones Industrials, S&P 500, and Nasdaq all closing in the red. For the most part, earnings have been somewhat mixed.

This evening we got results out of Starbucks (SBUX) -5.4%, Microsoft (MSFT) -2.5%, and Alphabet (GOOGL) -3.8%. This might weigh down the Nasdaq tomorrow.

The VIX caught a bid, closing the day at 13.95. This is the fourth straight close under 14, and the second lowest closing print of the year.

Crude Oil has had a nice bounce off Sunday’s lows, following an unproductive Doha meeting. WTI Crude closed the day above 41, at 41.08.

On the options front, we saw large call buying activity in CDK Global (CDK). In addition, we saw heavy put buying in Tidewater Inc (TDW), which saw 6.9 times usual options volume.

Stocks in play included: Biogen (BIIB) +5%, Viacom (VIAB) +13.8%, and Intrexon (XON) -26.4%.

Here’s what’s left for tomorrow:

Key Earnings:
22 April 2016- CAT, GE, KMB, MCD, SYF, STI

April 19, 2016 Market Wrap Up

April 19, 2016 tvcuser Education, Trading CAH, Crude Oil, Data, DE, Dow Jones, Earnings, Economic, IBM, NFLX, S&P 500, SDRL, VIX

The market was relatively mixed today, with the Dow Jones Industrials, S&P 500 trading higher, while, the Nasdaq closed lower due to some poor earnings results in some heavily weighted companies like Netflix.

The VIX sold off a little bit, closing the day at 13.24. This the fourth straight close under 14, and the second lowest closing print of the year.

Crude Oil has had a nice bounce off Sunday’s lows, following an unproductive Doha meeting. WTI Crude closed the day above 41, at 41.08.

On the options front, we saw large call buying activity in Deere & Co. (DE). In addition, we saw heavy put buying in Cardinal Health (CAH), which saw 6.2 times usual options volume.

Stocks in play included: IBM (IBM) -5.6%, Netflix (NFLX) -12.9%, and SeaDrill (SDRL) +12.9%

Here’s what’s left this week:

Key Economic Data:
20 April 2016- Existing Home Sales 10:00 AM ET, EIA Petroleum Status Report 10:30 AM ET
21 April 2016- Jobless Claims 8:30 AM ET, Philadelphia Fed Business Outlook Survey 8:30 AM ET

Key Earnings:
20 April 2016- ABT, ARMH, ASML, CHKP, EMC, CP, KO, HBAN, ITW, SAP, TUP, USB, AXP, CCK, CTXS, FFIV, MAT, NEM, QCOM, SYK, YUM, VMI
21 April 2016- ALK, BBT, BIIB, BK, CFG, DGX, DHI, FCS, FITB, GM, KCG, KEY, LUV, PPG, PHM, SHW, UA, UNP, VZ, AMD, GOOGL, MSFT, SBUX, SWN, V, SLB
22 April 2016- CAT, GE, KMB, MCD, SYF, STI

April 17, 2016 The Week Ahead

April 17, 2016 tvcuser Education, Trading Alphabet, American Express, Crude Oil, Data, Earnings, Economic, Johnson & Johnson, McDonalds, Microsoft, Netflix, OPEC, S&P 500, Starbucks, VIX

The S&P 500 finished the week higher, actually near 3-month highs as earnings season picks up steam. On the menu this week: Microsoft, Netflix, Johnson & Johnson, American Express, Alphabet, Starbucks, and McDonalds just to name a few.

The VIX closed the week nearly two points lower from last Friday, at 13.62.

Crude oil finished the week slightly higher, however; it’s seeing heavy selling pressure Sunday night after OPEC’s Meeting this weekend. When countries came together this weekend, they were unable to come up with any form of resolution on a potential production freeze. With that said, Iran decided not to freeze output causing a standoff amongst members.

Here’s what’s on tap for this week coming up…

Key Economic Data:
19 April 2016- Housing Starts 8:30 AM ET
20 April 2016- Existing Home Sales 10:00 AM ET, EIA Petroleum Status Report 10:30 AM ET
21 April 2016- Jobless Claims 8:30 AM ET, Philadelphia Fed Business Outlook Survey 8:30 AM ET

Key Earnings:
18 April 2016- HAS, JBHT, MS, PEP, BMI, IBM, NFLX
19 April 2016- EAT, GS, HOG, JNJ, KSU, PM, UNH, DFS, LLTC, ISRG
20 April 2016- ABT, ARMH, ASML, CHKP, EMC, CP, KO, HBAN, ITW, SAP, TUP, USB, AXP, CCK, CTXS, FFIV, MAT, NEM, QCOM, SYK, YUM, VMI
21 April 2016- ALK, BBT, BIIB, BK, CFG, DGX, DHI, FCS, FITB, GM, KCG, KEY, LUV, PPG, PHM, SHW, UA, UNP, VZ, AMD, GOOGL, MSFT, SBUX, SWN, V, SLB
22 April 2016- CAT, GE, KMB, MCD, SYF, STI

April 14, 2016 Market Wrap Up

April 14, 2016 tvcuser Education, Trading BOFI, Crude Oil, Data, Earnings, RPRX, S&P 500, STX, UNP, USO, VIX, WDR

The market was relatively flat today, trading in a very narrow range. The S&P 500 traded between 2078 to 2087, closing in the middle of that range at 2082.

Despite a slow moving market, the VIX sold off a little bit, closing at 13.72.

The United States Oil Fund (USO) was down .5%, closing the day at 10.48. Crude oil is still comfortably trading above $41 per barrel.

On the options front, we saw large call buying activity in Union Pacific (UNP). In addition, we saw heavy put buying in Waddell & Reed Financial (WDR), which saw 48.4 times usual options volume.

Stocks in play included: Bofi Holding (BOFI) -16.3%, Repros Therapeutics (RPRX) +20%, and Seagate Technology (STX) -20%

Earnings tomorrow include Citigroup. Thus far, JPMorgan Chase and Bank of America have posted solid results. However, Wells Fargo did not react as well on their earnings.

Here’s what’s left this week:

Key Economic Data:
15 April 2016- Industrial Production 9:15 AM ET

Key Earnings:
15 April 2016- C, RF, SCHW

April 12, 2016 Market Wrap Up

April 12, 2016 tvcuser Education, Trading BXP, CHK, Crude Oil, Data, Earnings, Economic, JNPR, SDRL, SYNA, USO, VIX

The market had a nice bounce after yesterday’s sell off. In fact, we’re not too far off most recent highs. With that said, earnings have kicked off and much of the focus will be on that over the next several weeks.

The VIX sold off nearly 9%, closing the day at 14.85.

One of the sectors on fire was energy. The United States Oil Fund (USO) was up over 2.5%, closing the day at 10.64. Crude Oil is closed above $41 per barrel, sitting around 3 month highs.

On the options front, we saw large call buying activity in Synaptics, Incorporated (SYNA). In addition, we saw heavy put buying in Boston Properties, Inc. (BXP), which saw 8.7 times usual options volume.

Stocks in play included: Chesapeake Energy (CHK) +33%, Juniper Networks (JNPR) -7%, Seadrill (SDRL) +22%, and Horizon Pharma (HZNP) (-25%)

As mentioned, earnings season is going to start picking up some steam. Here’s what is on tap for tomorrow and the rest of the week.

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

Key Earnings:
13 April 2016- JPM, PIR
14 April 2016- BAC, BLK, DAL, PGR, TSM, WFC, AMD, CHKE
15 April 2016- C, RF, SCHW

Holiday Sales Event!