Week of November 19th Stock Market Watch

All three major stock indices post losses this week, led by the Nasdaq which declined by 2.34%. Despite the sell-off, the VIX remains below 20, a sign that traders are not panicking yet. That said, markets are closed on Thursday for Thanksgiving (markets closed) and have a half-day on Friday.

Stocks worth watching this week for earnings include Foot Locker, Gap Stores, Target, and Best Buy.

Also, traders will be paying attention to any news pertaining to trade. President Trump is expected to meet with Chinese officials later this month at the G20. However, anything said between that time has the potential to influence market volatility.

Moving on.

Stocks making moves last week included PCG -38.8%, JWN +22%, NVDA -20%, GOOS +16.7%, and TSRO +39.2%

The VIX closed below 20 for the third straight week, as it finished Friday’s trading at 18.14.

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Here are how some of the most actively traded commodity and interest rate ETFs performed: United States Oil Fund (USO) -4.96%, iShares 20+ Year Treasury Bond (TLT) +1.9%, SPDR Gold Shares (GLD) +1.00%

Economic Releases:
20 Nov 2018- Housing Starts 8:30 AM ET

21 Nov 2018- Durable Goods Orders 8:30 AM ET, Jobless Claims 8:30 AM ET, Existing Home Sales 10:00 AM ET, EIA Petroleum Status Report 10:30 AM ET

Key Earnings:
19 Nov 2018- A, INTU, JACK, LB, URBN, SPB

20 Nov 2018- ADI, BBY, CPB, KSS, LOW, ROST, TGT, TJX, ADSK, BJ, GL, GPS, RAVN

21 Nov 2018- DE, A

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November 12, 2017 The Week Ahead

The markets cooled off this week, but are still close to all-time high levels. One thing traders will be paying attention to is earnings coming out of retailers; the upcoming federal tax plan, as well as the latest in the Brexit talks over in Europe.

Some earnings stocks worth watching for the upcoming week include: The Home Depot, Target, Wal-Mart, Best Buy, and Gap Stores.

The “fear index” closed at 11.29 on Friday; as we’re starting to slowly see volatility creep back into the market.

graph
Source: TradingView

Here are how some of the most traded ETFs performed over the week: SPDR S&P 500 ETF (SPY) -0.14%, iShares Russell 2000 (IWM) -1.37%, SPDR Dow Jones Industrials Average ETF (DIA) -0.32%, and PowerShares QQQ ETF (QQQ) +.27%

Here is how some futures/commodity related ETF’s performed over the week: United States Oil Fund (USO) +2.15%, iShares 20+ Year Treasury Bond (TLT) -1.23%, SPDR Gold Shares (GLD) +0.42%

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

Economic Releases:
14 Nov 2017- PPI-FD 8:30 AM ET

15 Nov 2017- Consumer Price Index 8:30 AM ET; Retail Sales 8:30 AM ET; EIA Petroleum Status Report 10:30 AM ET

16 Nov 2017- Jobless Claims 8:30 AM ET; Philly Fed Survey 8:30 AM ET; Industrial Production 9:15 AM ET

17 Nov 2017- Housing Starts 8:30 AM ET

Key Earnings:
13 Nov 2017- AIMT, GEVO, STRP, IZEA, XRAY, DHT, FENG, JD, BETR, WUBA, TSN, GLOB

14 Nov 2017- REXX, EVOK, LNG, JKS, DKS, YRD, AAP, YY, HD, KOOL, SSYS

15 Nov 2017- SMRT, NTES, PLCE, TGT, NTAP, CSCO, SBH, HI, MTOR, PGR, SPLS, LB, PERY, JASO

16 Nov 2017- MANU, SPLK, QIWI, GPS, ROST, BBY, VIAB, WSM, BERY, AMAT, WMT, SJM, BONT, POST

17 Nov 2017- SFUN, HIBB, ANF, FL, BKE, LXFT

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