August 20, 2017 The Week Ahead

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Markets sold off for the second straight week, despite concerns between the U.S. and North Korea easing. The political focus was on the President and how he was handling the hate crime that happened in Charlottesville, Virginia. In addition, key figures leaving his administration.

These political waves did add to volatility but simmered down by the end of the week. The VIX cooled off a little after trading above 17 this week, closing at 14.26 on Friday.

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Source: TradingView

Earnings coming out for the week include: CRM, HPQ, INTU, GME, BRCD, ADSK, and VMW

Here are how some of the most traded ETFs performed over the week: SPDR S&P 500 ETF (SPY) -0.58%, iShares Russell 2000 (IWM) -1.14%, SPDR Dow Jones Industrials Average ETF (DIA) -0.99%, and PowerShares QQQ ETF (QQQ) -0.61%

Here is how some futures/commodity related ETF’s performed over the week: United States Oil Fund (USO) -0.20%, iShares 20+ Year Treasury Bond (TLT) +0.15%, SPDR Gold Shares (GLD) -0.40%.

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

Economic Releases:
23 Aug 2017- New Home Sales 10:00 AM ET; EIA Petroleum Status Report 10:30 AM ET
24 Aug 2017- Jobless Claims 8:30 AM ET, PMI 9:45 AM ET; Existing Home Sales 10:00 AM ET
25 Aug 2017- Durable Goods Orders 8:30 AM ET

Key Earnings:
21 Aug 2017- FN, RT, ZAYO
22 Aug 2017- COTY, DSW, JASO, MDT, MOMO, TOL, CREE, CRM, INTU, LZB, VNET
23 Aug 2017- EXPR, LOW, RBC, GES, HPQ, LCI, PVH, TLYS
24 Aug 2017- ANF, DLTR, MIK, SAFM, SIG, SJM, TIF, TUES, ADSK, AVGO, BRCD, GME, MRVL, SPLK, ULTA, VEEV, VMW

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September 22, 2015 Market Wrap Up

September 22, 2015 Market Wrap Up

The S&P 500 finished the day significantly lower, down over 1%. There was some weakness out of Europe that followed through into the US markets. Much of that was attributed to some news out of Volkswagen and allegations that they’ve been manipulating emission tests.

The biotech sector took a hit for a second straight day. Analysts will be closely listening to comments out of Presidential hopeful, Hillary Clinton. Her comments on twitter are what really drove the sector south.

The VIX was up over 11%, closing at 22.45. For now, it appears that 20 might be the new base level.

The energy sector was relatively flat today; the United States Oil Fund (USO) was down less than 1%.

On the options front, we saw bullish call buying in Crocs Inc (CROX). Options that saw bearish put buying were in Hewlett Packard Co (HPQ).

Here’s what’s on tap for the rest of the week:

Key Economic Data:
24 September 2015- Durable Goods Orders 8:30 AM ET, Jobless Claims 8:30 AM
25 September 2015- GDP 8:30 AM ET

Key Earnings:
24 September 2015- ACN, BBBY, JBL, KBH, NKE, PIR
25 September 2015- FINL