September 17, 2018 The Week Ahead

September 17, 2018 tvcuser Education, Trading amd, KR, TLRY

US Stocks rallied over the week, but still remain vulnerable to headline risk. Specifically, the ongoing trade negotiations between China. Thus far, the market has rallied when there have been rumors on a trade agreement and has sold-off on rumors that more tariffs will be implemented.

It remains a wait and see scenario.

Notable stock movers over the week included: KR -14%, TLRY +40%, and AMD +19.5%

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) +1.59%, SPDR S&P 500 ETF (SPY) +1.14%, SPDR Dow Jones Industrial Average ETF (DIA) +0.91%, iShares Russell 2000 ETF (IWM) +0.49%

The VIX closed at 12.07 on Friday, selling off more than 2.5 pts on the week.

graph

Here are how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) +1.59%, iShares 20+ Year Treasury Bond (TLT) -0.49%, SPDR Gold Shares (GLD) -0.19%

Economic Releases:
19 Sep 2018- Housing Starts 8:30 AM ET; EIA Petroleum Status Report 10:30 AM ET

20 Sep 2018- Jobless Claims 8:30 AM ET; Philly Fed Business Survey 8:30 AM ET;
Existing Home Sales 10:00 AM ET

Key Earnings:
17 Sep 2018- FDX, ORCL

18 Sep 2018- AZO, GIS, APOG, CBRL

19 Sep 2018- RHT

20 Sep 2018- DRI, MU, SCS, UNFI, THO

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

July 19, 2016 Market Wrap Up | TVC Trading Education Courses

July 19, 2016 tvcuser Education, Trading Crude Oil, DOE, Earnings, Economic Data, IBM, KORS, KR, LN, MON, Netflix, S&P 500, STMP, VIX, VMW, VMware

The S&P 500 closed slightly lower today, but still near record levels. Last night, we got earnings out of Netflix, IBM, and Vmware.

Stocks in play today include: Vmware (VMW) +9%, Line Coporation (LN) -10.14%, Stamps.com (STMP) -4.5%, and Monsanto Company (MON) +.4%

The VIX continues to get destroyed, as it closed below 12 today. Over the last month, the VIX has gone from a high of around 25 to now 11.97.

Crude oil futures dropped 1.5% today, however; down nearly 3% this week ahead of the DOE numbers tomorrow.

On the options front, we saw large call buying activity in Kroger (KR), which traded 2.3 times normal volume. We also saw a ton of bearish bets being placed in Michael Kors Holdings (KORS), which traded 7.7 times usual volume.

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

Key Economic Data:
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:
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

Be sure to check out our Active Trading Masters Program Courses

September 17, 2018 The Week Ahead

July 19, 2016 Market Wrap Up | TVC Trading Education Courses

Holiday Sales Event!