March 19, 2018 The Week Ahead

Education, Trading , , , , , , , , , , ,

Stocks cooled off this week, as the S&P 500 sold off four out of five days. All eyes are on the upcoming FOMC meeting that is set for this upcoming Wednesday. Sentiment on the Street is that the Fed will be raising rates; however, market participants will be focused on its forecasts and views on the economy.

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) -1.24%, SPDR S&P 500 ETF (SPY) -1.67%, SPDR Dow Jones Industrial Average ETF (DIA) -1.67%, iShares Russell 2000 ETF (IWM) -0.70%

The VIX popped over a point for the week, closing at 15.80. There is still plenty of uncertainty. It seems like every other day a key member of the Trump administration is getting fired or resigning, as we’ve now seen Rex Tillerson, Gary Cohn, and H.R. McMaster leaving high profile positions.

In addition, market participants are closely following how the proposed tariffs will impact the market and if there will be any retaliation from other nations.

S&P 500 VIX Overview

Here are how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) +0.64%, iShares 20+ Year Treasury Bond (TLT) +1.61%, SPDR Gold Shares (GLD) -0.75%

Some large cap earnings this week include: Oracle, Federal Express, Micron, and Nike.

Economic Releases:
21 March 2018- Existing Home Sales 10:00 AM ET; EIA Petroleum Status Report 10:30 AM ET; FOMC Meeting Announcement 2:00 PM ET; Fed Chair Press Conference 2:30 PM ET

22 March 2018- Jobless Claims 8:30 AM ET; PMI Composite Flash 9:45 AM ET

23 March 2018- Durable Goods Orders 8:30 AM ET; New Home Sales 10:30 AM ET

Key Earnings:
19 March 2018- ORCL

20 March 2018- DLTH, CHFS, PLCE, FDX, RKDA, SCS

21 March 2018- ATU, GIS, ALTR, FIVE, GES

22 March 2018- CAG, CMC, DRI, JAB, LE, MIK, CDNA, HOME, KBH, MU, NKE, SGH

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

December 17, 2017 The Week Ahead

Education, Trading , , , , , , , , , , ,

The markets continue to soar higher as we approach Christmas and the end of year. Despite all this, cryptocurrencies and politics continue to steal the headlines. Last Sunday bitcoin futures were introduced, however, they’ve yet to curb volatility in the name.

Last Wednesday, the FOMC raised interest rates, as expected by most Wall Street Analysts.

A majority of the trading action has been in companies that have some loose affiliation to cryptocurrencies and blockchain. This trend should continue for the last few weeks of the trading season.

Some earnings worth noting this week include: Nike, Federal Express, and Micron.

The “fear index” closed at 9.40 on Friday, as it now sits near the 52-week lows.

graph
Source: TradingView

Here are how some of the most traded ETFs performed over the week: SPDR S&P 500 ETF (SPY) +0.38%, iShares Russell 2000 (IWM) +0.55%, SPDR Dow Jones Industrials Average ETF (DIA) +1.08%, and PowerShares QQQ ETF (QQQ) +1.91%

Here is how some futures/commodity related ETF’s performed over the week: United States Oil Fund (USO) -0.26%, iShares 20+ Year Treasury Bond (TLT) +1.31%, SPDR Gold Shares (GLD) +0.59%.

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

Economic Releases:
19 Dec 2017- Housing Starts 8:30 AM ET
20 Dec 2017- Existing Home Sales 10:00 AM ET; EIA Petroleum Status Report 10:30 AM ET
21 Dec 2017- Jobless Claims 8:30 AM ET; GDP 8:30 AM ET; Philly Fed Survey 8:30 AM ET
22 Dec 2017- Durable Goods Orders 8:30 AM ET; Personal Income and Outlays 8:30 AM ET; New Home Sales 10:00 AM ET

Key Earnings:
19 Dec 2017- CCL, DRI, FDS, NAV, WOR, FDX, MU, RHT, SCS
20 Dec 2017- BBBY, GIS, ATU
21 Dec 2017- ACN, FINL, APOG, CAG, HOV, KMX, PAYX, CAMP, NKE, CTAS

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