May 11, 2017 Market Wrap Up

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The stock market saw its first taste of volatility; however, selling pressure subsided and stocks closed modestly lower. The VIX traded as high as 11.23 but closed at 10.60 on the day. Earlier this week, the VIX had its lowest reading since 1993.

Some of the more well known retailers released some poor earnings: Nordstrom -11%, Macy’s -16.8%, and Kohls -7.5%

Now, here is how some of the other closely followed ETFs did: United States Oil Fund (USO) +0.81%, iShares 20+ Year Treasury Bond (TLT) unch. SPDR Gold Shares (GLD) +0.40%.
On the options front, we saw large call buying activity in Babcock and Wilcox Enterprises (BW), which traded 5.6 times normal option volume. In addition, we saw heavy put buying in Telefonica (TEF), which traded 8.1 times normal option volume.

Here is what is left on the schedule:

Key Economic Data
12 May 2017- Consumer Price Index 8:30 AM ET; Retail Sales 8:30 AM ET

Key Earnings
12 May 2017- GOLF, JCP

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May 7, 2017 The Week Ahead

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The stock market shows no signs of slowing down. It’s been resilient to say the very least. That said, the next obstacle comes this Sunday, with the French presidential election being the catalyst. The markets are hoping that Emmanuel Macron wins, who represents the establishment. On the other hand, if Marine Le Pen pulls off the upset, we could see an increase in market volatility on Monday. That said, the markets aren’t betting on it, on Friday, the VIX closed at 10.57.

Here are how some of the most popular ETF Indices performed: SPDR S&P 500 ETF (SPY) +0.68%, iShares Russell 2000 (IWM) -0.05%, SPDR Dow Jones Industrials Average ETF (DIA) +0.33%, and PowerShares QQQ ETF (QQQ) +1.44%

Earnings continue to flow, some of the interesting names reporting include: Disney, Snap Inc., Yelp, and Electronic Arts.

Here are how some futures/commodity related ETF’s performed: United States Oil Fund (USO) -5.66%, iShares 20+ Year Treasury Bond (TLT) -0.87%, SPDR Gold Shares (GLD) -3.11%.

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

Key Economic Data:
10 May 2017- EIA Petroleum Status Report 10:30 AM ET
11 May 2017- Jobless Claims 8:30 AM ET, PPI 8:30 AM ET
12 May 2017- Consumer Price Index 8:30 AM ET; Retail Sales 8:30 AM ET

Key Earnings:
08 May 2017- JD, LBTYA, NWL, ON, ONDK, SYY, TSN, AMC, EOG, FN, HTZ, MAR, P, TSO
09 May 2017- AGN, CBOE, DF, DISCA, DUK, RESI, SEAS, TDG, VRX, BUFF, DIS, EA, FOSL, JAZZ, MCHP, NEWR, NVDA, PCLN, TRIP, TRUE, TWNK, YELP, ZAYO
10 May 2017- COTY, CROX, IPXL, MYL, SODA, TIME, VSI, WIX, FOXA, HOLX, LPSN, SNAP, WFM, SYMC
11 May 2017- KSS, OA, M, SNK, TPB, VSTO, JWN, CA, JAG
12 May 2017- GOLF, JCP

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May 2, 2017 Market Wrap Up

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Stocks ended up higher on the day, except for the Russell 2000, which sold off 0.57%, however; the Nasdaq touched all-time highs yet again. The VIX actually closed green, up 4.75% on the day, at 10.59.

Earnings will be the story for the entire week. That said, the FOMC has their key interest rate meeting; however, it is expected that they will not make any changes.

At the time of this writing, this is how some of them stand: Twilio (TWLO) -30%, Apple (AAPL) -1%, Advanced Micro Devices (AMD) -0.25%, Akamai Technologies (AKAM) -9.7%, and Fireeye (FEYE) +10.3%

Now, here is how some of the other closely followed ETFs did on the week: United States Oil Fund (USO) -2.27%, iShares 20+ Year Treasury Bond (TLT) +0.51%, SPDR Gold Shares (GLD) -0.02%.

On the options front, we saw large call buying activity in New York Reit (NYRT), which traded 30.5 times normal option volume. In addition, we saw heavy put buying in Hologic (HOLX), which traded 19.6 times normal option volume.

Here is what is left on the schedule:

Key Economic Data
03 May 2017- EIA Petroleum Status Report 10:30 AM ET; FOMC Meeting 2:00 PM ET
04 May 2017- International Trade 8:30 AM ET, Jobless Claims 8:30 AM ET
05 May 2017- Employment Situation 8:30 AM ET

Key Earnings
02 May 2017- ADM, AET, CHTR, COH, COP, CVS, EMR, ETN, EXLS, FIS, HCA, HCP, HLT, LL, MA, MOS, MRK, PFE, SABR, SHOP, AAPL, AKAM, APC, BYD, CSOD, DVN, FEYE, FSLR, FTR, GILD, EVHC, GDDY, HUBS, MDLZ, MTCH, OCLR, OKE, TEX, TWLO
03 May 2017- ADP, CDW, CLX, DLPH, EL, FLOW, GRMN, GRPN, HUM, ICE, MCK, NYT, RAI, S, SBGI, SO, TAP, TWX, YUM, AIG, ARRS, ANSS, CAKE, CATM, CF, CRUS, CXO, DDD, FB, FIT, GLUU, LNT, KHC, LVLT, PXD, PRU, RIG, TIVO, TSLA, WMB
04 May 2017- APA, CHD, CHK, D, FLR, INCY, IT, K, OXY, ZTS, VIAB, WLTW, ATVI, CBS, LOGM, MET, MRO, PKI, VECO
05 May 2017- CNP, CTSH, HCN, MC

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April 30, 2017 The Week Ahead

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The stock market posted impressive gains over the week, largely lead by a favorable French vote and somewhat decent earnings. The Nasdaq had four of its bigger firms report earnings: Amazon.com (AMZN) +2.94%, Microsoft Corporation (MSFT) +3.10%, Alphabet Inc. (GOOG) +7.44%, and Intel (INTC) -0.47%. All but Intel posted impressive gains on the week.

Here are how some of the most popular ETF Indices performed: SPDR S&P 500 ETF (SPY) +1.49%, iShares Russell 2000 (IWM) +1.35%, SPDR Dow Jones Industrials Average ETF (DIA) +1.87%, and PowerShares QQQ ETF (QQQ) +2.59%

Despite politics drawing a lot of attention, the markets don’t seem to be fazed. The VIX closed at 10.82 on Friday.

Some of the largest publically traded companies in the world will report this week. They include: Apple, CVS, Pfizer, Tesla, and Facebook.

Here are how some futures/commodity related ETF’s performed: United States Oil Fund (USO) -0.78%, iShares 20+ Year Treasury Bond (TLT) -0.96%, SPDR Gold Shares (GLD) -1.26%.

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

Key Economic Data:
03 May 2017- EIA Petroleum Status Report 10:30 AM ET; FOMC Meeting 2:00 PM ET
04 May 2017- International Trade 8:30 AM ET, Jobless Claims 8:30 AM ET
05 May 2017- Employment Situation 8:30 AM ET

Key Earnings:
02 May 2017- ADM, AET, CHTR, COH, COP, CVS, EMR, ETN, EXLS, FIS, HCA, HCP, HLT, LL, MA, MOS, MRK, PFE, SABR, SHOP, AAPL, AKAM, APC, BYD, CSOD, DVN, FEYE, FSLR, FTR, GILD, EVHC, GDDY, HUBS, MDLZ, MTCH, OCLR, OKE, TEX, TWLO
03 May 2017- ADP, CDW, CLX, DLPH, EL, FLOW, GRMN, GRPN, HUM, ICE, MCK, NYT, RAI, S, SBGI, SO, TAP, TWX, YUM, AIG, ARRS, ANSS, CAKE, CATM, CF, CRUS, CXO, DDD, FB, FIT, GLUU, LNT, KHC, LVLT, PXD, PRU, RIG, TIVO, TSLA, WMB
04 May 2017- APA, CHD, CHK, D, FLR, INCY, IT, K, OXY, ZTS, VIAB, WLTW, ATVI, CBS, LOGM, MET, MRO, PKI, VECO
05 May 2017- CNP, CTSH, HCN, MC

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April 27, 2017 Market Wrap Up

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Stocks ended up higher on the day, except for the Russell 2000, which sold off about -0.16%. The Nasdaq hit record highs, as many of the big are set to report earnings this eventing.

At the time of this writing, this is how some of them stand: Amazon (AMZN) +5%, Alphabet (GOOGL) +4.3%, Microsoft (MSFT) -0.33%, and Intel (INTC) -2.65%. That said the Nasdaq is up in the after hours about 0.5%.

Now, here is how some of the other closely followed ETFs did on the week: United States Oil Fund (USO) -0.19%, iShares 20+ Year Treasury Bond (TLT) -0.03%, SPDR Gold Shares (GLD) -0.37%.

On the options front, we saw large call buying activity in LPL Financial Holdings (LPLA), which traded 2.9 times normal option volume. In addition, we saw heavy put buying in Treehouse Foods Inc (THS), which traded 13.2 times normal option volume.

Here is what is left on the schedule:

Key Economic Data:
28 April 2017- GDP 8:30 AM ET

Key Earnings:
27 April 2017- ABBV, APD, BMY, BSX, BWA, CELG, CMCSA, CME, DOW, F, GRUB, IP, IRM, JCI, LAZ, LLL, LUV, MPC, POT, SIRI, SPG, UAA, UNP, UPS, AIV, AMZN, BIDU, EXPE, GOOGL, GPRO, INTC, MLNX, MAC, MSFT, SBUX, VRTX, WDC
28 April 2017- CL, COG, CVX, GM, GT, HST, LYB, PSX, SYF, VFC, XOM, WY

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April 26, 2017 Market Wrap Up

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After enjoying a record setting day yesterday, some stock indices took a breather. However, the Russell 2000 bucked the trend and closed the day positive. Over the last couple of trading sessions, the VIX has gotten beat up, as its now trading below 11 at 10.85.

The catalyst?

Looks like the French election, which happened on Sunday was the reason global markets rose on Monday. Earnings have been okay thus far, and President Trump is pushing towards policies that will boost business sentiment.

Earnings will continue to be heavily watch, here are some names that reported: Dr Pepper Snapple Group, Inc. (DPS) -5.52%, Procter & Gamble (PG) -2.52%, Seagate Technology (STX) -16.83% and Twitter (TWTR) +7.91%

Now, here is how some of the other closely followed ETFs did on the week: United States Oil Fund (USO) -0.97%, iShares 20+ Year Treasury Bond (TLT) +0.55%, SPDR Gold Shares (GLD) +0.49%.

On the options front, we saw large call buying activity in Sientra Inc. (SIEN), which traded 10.3 times normal option volume. In addition, we saw heavy put buying in Agios Pharmaceuticals (AGIO), which traded 5.4 times normal option volume.

Here is what is left on the schedule:

Key Economic Data:
27 April 2017- Jobless Claims 8:30 AM ET; Durable Goods Orders 8:30 AM; International Trade in Goods 8:30 AM ET
28 April 2017- GDP 8:30 AM ET

Key Earnings:
26 April 2017- ANTM, BAX, DPS, HES, HSY, NDAQ, NOC, NSC, ROK, PG, SLAB, SONS, STT, STX, TWTR, UTX, X, WM, WRK, WYN, AMGN, CAVM, BWLD, FFIV, NOW, ORLY, PYPL, SAM, TSCO, XLNX
27 April 2017- ABBV, APD, BMY, BSX, BWA, CELG, CMCSA, CME, DOW, F, GRUB, IP, IRM, JCI, LAZ, LLL, LUV, MPC, POT, SIRI, SPG, UAA, UNP, UPS, AIV, AMZN, BIDU, EXPE, GOOGL, GPRO, INTC, MLNX, MAC, MSFT, SBUX, VRTX, WDC
28 April 2017- CL, COG, CVX, GM, GT, HST, LYB, PSX, SYF, VFC, XOM, WY

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April 23, 2017 The Week Ahead

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Stocks rebounded across all major indices over the week. On Sunday, the world will shift their attentions to the upcoming French elections. Of course, depending on the outcome, it could create some much needed volatility for traders. However, the markets have proven to be resilient. Recent shocks like Brexit and the Trump presidential victory have only lead to short-lived bursts in volatility.

Outside of the French election, earnings will dominate the headlines, along with the release of the GDP numbers on Friday.

Here are how some of the most popular ETF Indices performed: SPDR S&P 500 ETF (SPY) +0.89%, iShares Russell 2000 (IWM) +2.67%, SPDR Dow Jones Industrials Average ETF (DIA) +0.43%, and PowerShares QQQ ETF (QQQ) +1.66%

With the market posting strong gains, the VIX fell back to below the 15 level, closing Friday’s trading session at 14.63.

Some of the largest publically traded companies in the world will report this week. They include: Microsoft, Amazon, Google, Exxon, and Procter & Gamble.

Here are how some futures/commodity related ETF’s performed: United States Oil Fund (USO) -7.28%, iShares 20+ Year Treasury Bond (TLT) +0.06%, SPDR Gold Shares (GLD) -0.24%.

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

Key Economic Data:
25 April 2017- New Home Sales 10:00 AM ET
26 April 2017- EIA Petroleum Status Report 10:30 AM ET
27 April 2017- Jobless Claims 8:30 AM ET; Durable Goods Orders 8:30 AM; International Trade in Goods 8:30 AM ET
28 April 2017- GDP 8:30 AM ET

Key Earnings:
24 April 2017- HAL, KMB, HLX, AA, ESRX, CDNS, NEM, RMBS, SLCA, SWFT, SANM, WHR, ZION
25 April 2017- AKS, CAT, CIT, CNC, DD, FCX, GLW, KO, LLY, LMT, MCD, MMM, PCAR, PHM, PNR, R, TRU, CB, CMG, COF, CREE, DFS, JNPR, SYK, T, TXN, UHS
26 April 2017- ANTM, BAX, DPS, HES, HSY, NDAQ, NOC, NSC, ROK, PG, SLAB, SONS, STT, STX, TWTR, UTX, X, WM, WRK, WYN, AMGN, CAVM, BWLD, FFIV, NOW, ORLY, PYPL, SAM, TSCO, XLNX
27 April 2017- ABBV, APD, BMY, BSX, BWA, CELG, CMCSA, CME, DOW, F, GRUB, IP, IRM, JCI, LAZ, LLL, LUV, MPC, POT, SIRI, SPG, UAA, UNP, UPS, AIV, AMZN, BIDU, EXPE, GOOGL, GPRO, INTC, MLNX, MAC, MSFT, SBUX, VRTX, WDC
28 April 2017- CL, COG, CVX, GM, GT, HST, LYB, PSX, SYF, VFC, XOM, WY

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April 20, 2017 Market Wrap Up

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Stocks were strong today, as all major indices saw gains. Leading the way were financials, with strong performances out of Wells Fargo, Deutsche Bank, and Goldman Sachs Group.

Earnings are dominating headlines in the stock market, here are some names that reported today: Verizon Communications (VZ) -1.1%, Quest Diagnostics +6%, and Visa (V) +4.3%

Now, here is how some of the other closely followed ETFs did on the week: United States Oil Fund (USO) -0.75%, iShares 20+ Year Treasury Bond (TLT) -0.39%, SPDR Gold Shares (GLD) +0.19%.

On the options front, we saw large call buying activity in Jones Energy (JONE), which traded 97.5 times normal option volume. In addition, we saw heavy put buying in Chicos FAS (CHS), which traded 75.7 times normal option volume.

Here is what is left for tomorrow:

Key Economic Data:
21 April 2017- PMI Composite Flash 9:45 AM ET; Existing Home Sales 10:00 AM ET

Key Earnings:
21 April 2017- GE, HON, COL, KSU, IPG, MAN, SLB, SWK, WBC

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April 18, 2017 Market Wrap Up

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All major indices sold off today, with the Dow Jones Industrial Averages performing the worst. Despite markets selling off, the VIX actually sold off, closing at 14.42– after hitting yearly highs last week.

Earnings are dominating headlines in the stock market, here are some names that reported today: Goldman Sachs (GS) -4.6%, W.W. Grainger (GWW) -11.4%, International Business Machines (IBM) -4.6%, and Yahoo (YHOO).

Now, here is how some of the other closely followed ETFs did on the week: United States Oil Fund (USO) -0.18%, iShares 20+ Year Treasury Bond (TLT) +1.31%, SPDR Gold Shares (GLD) +0.47%.

On the options front, we saw large call buying activity in Sysco Corp (SYY), which traded 4.9 times normal option volume. In addition, we saw heavy put buying in Equity Residential (EQR), which traded 2.3 times normal option volume.

Earnings will be the soup of the day for the rest of the week.

Key Economic Data:
19 April 2017- EIA Petroleum Status Report 10:30 AM ET
20 April 2017- Jobless Claims 8:30 AM ET; Philly Fed Survey 8:30 AM
21 April 2017- PMI Composite Flash 9:45 AM ET; Existing Home Sales 10:00 AM ET

Key Earnings:
18 April 2017- BAC, GNC, GS, HOG, JNJ, RF, SCHW, UNH, CAMP, IBKR, IBM, ISRG, LRCX, NAVI
19 April 2017- BLK, AMTD, HBAN, GPC, MS, TXT, USB, AXP, EBAY, QCOM, URI, VMI, CSX, CP
20 April 2017- BK, BX, DGX, DHI, NUE, PM, KEY, PPG, TRV, VZ, MAT, NCR
21 April 2017- GE, HON, COL, KSU, IPG, MAN, SLB, SWK, WBC

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April 16, 2017 The Week Ahead

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Stocks were sluggish over the 4-day trading week, as all major indices closed sharply lower.

Here are how some of the most popular ETF Indices performed: SPDR S&P 500 ETF (SPY) -1.24%, iShares Russell 2000 (IWM) -1.37%, SPDR Dow Jones Industrials Average ETF (DIA) -1.01%, and PowerShares QQQ ETF (QQQ) -1.24%

The VIX gained 24%, closing at the highest level we’ve seen year-to-date, at 15.96. Some market pundits are jumping for joy, calling this the return of volatility. However, it might be premature given that upcoming earnings will dictate where the market goes next.

That said, we’ll be hearing from the likes of: Netflix, Goldman Sachs, Bank of America, Johnson & Johnson, American Express, Ebay, and General Electric– to name a few.

Here are how some futures/commodity related ETF’s performed: United States Oil Fund (USO) +2.49%, iShares 20+ Year Treasury Bond (TLT) +1.87%, SPDR Gold Shares (GLD) +2.87%.

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

Key Economic Data:
18 April 2017- Housing Starts 8:30 AM ET; Industrial Production 9:15 AM ET
19 April 2017- EIA Petroleum Status Report 10:30 AM ET
20 April 2017- Jobless Claims 8:30 AM ET; Philly Fed Survey 8:30 AM
21 April 2017- PMI Composite Flash 9:45 AM ET; Existing Home Sales 10:00 AM ET

Key Earnings:
17 April 2017- NFLX, CUDA
18 April 2017- BAC, GNC, GS, HOG, JNJ, RF, SCHW, UNH, CAMP, IBKR, IBM, ISRG, LRCX, NAVI
19 April 2017- BLK, AMTD, HBAN, GPC, MS, TXT, USB, AXP, EBAY, QCOM, URI, VMI, CSX, CP
20 April 2017- BK, BX, DGX, DHI, NUE, PM, KEY, PPG, TRV, VZ, MAT, NCR
21 April 2017- GE, HON, COL, KSU, IPG, MAN, SLB, SWK, WBC

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