August 27, 2018 The Week Ahead

Education, Trading , , , ,

Another week passes but the story remains the same. The U.S. stock market continues to surge to new highs. However, the media often ignores this fact, and instead, focus on the flaws of the President and his regime. Despite all the negative press the President of the United States has been receiving, the market for the most part has ignored all that.

Stocks in play during the week included: ADSK +18.78%, AMD +21.29%, EDU -9.78%, LB -15.15%, and EXAS +44.37%

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) +1.46%, SPDR S&P 500 ETF (SPY) +0.86%, SPDR Dow Jones Industrial Average ETF (DIA) +0.52%, iShares Russell 2000 ETF (IWM) +1.92%

The VIX closed at 12.41 on Friday.

graph

Here are how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) +5.41%, iShares 20+ Year Treasury Bond (TLT) +1.08%, SPDR Gold Shares (GLD) +1.81%.

Economic Releases:
28 Aug 2018- International Trade in Goods 8:30 AM ET

29 Aug 2018- GDP 8:30 AM ET; EIA Petroleum Status Report 10:30 AM ET

30 Aug 2018- Jobless Claims 8:30 AM ET; Personal Income and Outlays 8:30 AM ET

Key Earnings:
28 Aug 2018- BBY, BJ, DSW, HAIN, TIF, BOX, HPE, HRB, SCVL

30 Aug 2018- ANF, BURL, CIEN, CPB, DG, DLTR, MIK, TD, LULU, ULTA

31 Aug 2018- LOW, TGT, ADI, SMRT

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

July 16, 2018 The Week Ahead

Education, Trading , , , , , , , , , , , , , , , , , , , ,

Many media outlets would like you to believe that the President’s economic policies have been a disaster to date. Despite worries of inflation rising and potential trade wars with China, the Nasdaq hit all-time highs and the S&P 500 hit its highest price level in 5 months.

Focus will now turn to earnings as several large caps report, companies like Microsoft, Johnson & Johnson, and Bank of America. Other notable earnings include: Netflix, American Express, IBM, Goldman Sachs, Ebay, and UnitedHealth Group Incorporated.

Stocks in play last week included: FAST +14.6%, IQ +13.5%, AVGO -18.3%, LB -13.6%

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) +2.28%, SPDR S&P 500 ETF (SPY) +1.51%, SPDR Dow Jones Industrial Average ETF (DIA) +2.29%, iShares Russell 2000 ETF (IWM) -0.49%

The VIX declined sharply, closing at 12.18 on Friday.

graph

Here are how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) -3.28%, iShares 20+ Year Treasury Bond (TLT) -0.02%, SPDR Gold Shares (GLD) -1.05%

Economic Releases:
16 July 2018- Retail Sales 8:30 AM ET

17 July 2018- Industrial Production 9:15 AM ET

18 July 2018- Housing Starts 8:30 AM ET

19 July 2018- Jobless Claims 8:30 AM ET; Philly Fed Business Survey 8:30 AM ET

Key Earnings:
16 July 2018- ACI, BAC, BLK, JBHT, LUB, NFLX, RIO

17 July 2018- CMA, GS, JNJ, PGR, SCHW, UNH, BHP, CSX, IBKR, MLNX, UAL

18 July 2018- ABT, ASML, GWW, MS, NVS, NTRS, TXT, USB, AXP, AA, CCI, CCK, CP, EBAY, IBM, SLG, URI8

19 July 2018- BBT, BK, BX, DHR, DPZ, FITB, GPC, KEY, NUE, PM, PPG, RPM, SAP, SON, TRV, TSM, UN, UNP, WBC, CE, COF, ETFC, ISRG, MSFT, PBCT, SWKS

20 July 2018- BHGE, CFG, CLF, GE, GNTX, HON, KSU, RF, SWK, VFC, SLB, MAN

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

April 6, 2017 Market Wrap Up

Education, Trading , , , , , , , ,

After seeing some volatility in the market today, the market returned back to it’s slow grind higher. However, they did sell off some over the last 90 minutes of the day. Most of the selling came off some political headlines and FOMC policy plans.

Stocks in play today included: Plug Power (PLUG) -4.89%, Cleantech Solutions International (CLNT) +129.35%, and L Brands (LB) +11.02%

Where is the VIX in today’s action?

The VIX sold off today after rising nearly 10% yesterday, as it closed at 12.39.

Now, here is how some of the other closely followed ETFs did on the week: United States Oil Fund (USO) +1.59%, iShares 20+ Year Treasury Bond (TLT) -0.15%, SPDR Gold Shares (GLD) -0.33%.

On the options front, we saw large call buying activity in Devon Energy (DVN), which traded times normal option volume. In addition, we saw heavy put buying in Polaris Industries (PII), which traded 3.5 times normal option volume.

Here is what else traders will be watching tomorrow:

Key Economic Data:
7 April 2017- Employment Situation 8:30 AM ET

Key Earnings:
6 April 2017- FRED, LW, STZ, PSMT, RT

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

February 22, 2017 The Week Ahead

Education, Trading , , , , , , , , , , ,

The markets closed mixed today on lower than expected volume. For the most part, we’ve been trending higher with no real hiccup to note of. That said, even the FOMC minutes were a non-event today. The VIX is still trading below 12, as it closed at 11.74.

Strong earnings performers included: Garmin (GRMN), Mobileye (MBLY), and Tesla (TSLA)

Weak earnings performers included: L Brands (LB), Hollyfrontier (HFC), and Terex (TEX)

ETF Performers: United States Oil Fund (USO) -1.56%, iShares 20+ Year Treasury Bond (TLT) +0.17%, SPDR Gold Shares (GLD) +0.14%.

On the options front, we saw large call buying activity in Liberty Interactive (QVCA), which traded 289 times normal option volume. In addition, we saw heavy put buying in Macquarie Infrastructure Company (MIC), which traded 2.3 times normal option volume.

Here is what is left for the rest of the week:

Key Economic Data:
23 Feb 2017- Jobless Claims 8:30 AM ET, EIA Petroleum Status Report 11:00 AM ET, New Home Sales 10:00 AM ET

Key Earnings:
23 Feb 2017- BSFT, APA, CHK, CRZO, EME, IRM, KSS, PF, SAFM, SFM, STOR, VALE, VAC, DYN, GPS, HLF, IMAX, INTU, JWN, OLED, SWN, ZOES
24 Feb 2017- CLMT, DOC, FL, HSC, IAG, JCP, PEG, KBR, RLGY, STAR

Key Events:
20 Feb 2017- CAGNY Consumer Conference (runs till 2/24)
22 Feb 2017- Barclay’s Industrials Conference (runs till 2/23); RBC Healthcare Conference (runs till 2/23)

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