April 20, 2017 Market Wrap Up

April 20, 2017 tvcuser Education, Trading CHS, Deutsche Bank, GLD, Goldman Sachs Group, JONE, TLT, USO, V, VZ, Wells Fargo

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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July 16, 2016 The Week Ahead

July 16, 2016 tvcuser Education, Trading Bank of America, Chipotle Mexican Grill, Crude Oil, Earnings, Economic Data, Goldman Sachs Group, Microsoft, Netflix, S&P 500, VIX

The S&P 500 broke through record high territory this week as the index moved nearly 1.5% higher. The Dow Jones Industrials also saw record highs during the week as earnings season starts revving up.

The VIX continued to decline during the week, closing on Friday at 12.67.

Crude oil futures gained about 1.5% on the week. On the other hand, gold futures prices dropped about 2%. T-bond futures prices dropped about 3% and falling off their yearly highs.

As mentioned earlier, earnings season starts really pick up now. We’ll be hearing from Microsoft, Chipotle Mexican Grill, Goldman Sachs Group, Bank of America, and Netflix just to name a few.

Here is what is on tap for this upcoming week:

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

Key Earnings:
18 July 2016- BAC, CALM, HAS, HAS, JBHT, MTG, SCHW, EMC, IBM, NFLX, YHOO, VMW
19 July 2016- JNJ, GS, KSU, LMT, NVS, RF, UNH, DFS, MSFT, NAVI, UAL, ISRG, BHP
20 July 2016- ABT, ASML, HAL, MS, SAP, STJ, WBC, TUP, AXP, EBAY, FFIV, GGG, INTC, MAT, MLNX, NEM, PKG, QCOM, TSCO
21 July 2016- ALK, BBT, BIIB, BK, BX, DAN, DHI, DNKN, DPZ, DOV, GM, HBAN, JCI, LUV, PHM, UN, UNP, AMD, CMG, ATHN, COF, FLEX, P, SBUX, SLB, SWKS, SYK, T, V
22 July 2016- GE, HON, SWK, SWN, SYF, TXT, VFC, WHR

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