Stock Market Watch For the Week of March 4th

As the trading month of March kicks off, stocks look to continue their impressive hot streak. It has been reported that this is the best two-month start for the Dow since 2010. While the S&P 500 hasn’t seen a start like this since 1991.

The FOMC’s Powell has helped ease market concerns for further rate hikes this year, which many believe was the catalyst that pushed stocks higher in January. Furthermore, the market is optimistic that a trade resolution between the U.S. and China will happen soon.

It’s another busy week for earnings, this week we’ll be receiving more Q4 results from retailers like Costco, Target, and Urban Outfitters.

However, traders don’t seem bothered with earnings. For example, volatility has gotten crushed since December 24, when the VIX traded above 36. The VIX is currently trading at around 13.54.

graph

Source: Yahoo

Here are how some of the most actively traded index ETFs performing over the week: SPDR S&P 500 ETF (SPY) +0.46%, iShares Russell 2000 ETF (IWM) +0.06%, SPDR Dow Jones Industrial Average ETF (DIA) +0.10%, Invesco QQQ Trust (QQQ) +0.87%

Here are how some of the most actively traded commodity and interest rate ETFs performed: United States Oil Fund (USO) -2.43%, iShares 20+ Year Treasury Bond (TLT) -2.39%, SPDR Gold Shares (GLD) -2.88%

Economic Releases:
5 Mar 2019- New Home Sales 10:00 AM ET

6 Mar 2019- International Trade 8:30 AM ET; EIA Petroleum Status Report 10:30 AM ET

7 Mar 2019- Jobless Claims 8:30 AM ET

8 Mar 2019- Employment Situation 8:30 AM ET; Housing Starts 8:30 AM ET

Key Earnings:
4 Mar 2019- CRM, LEAF, SD

5 Mar 2019- EGLE, HRZN, UNFI, URBN, VSLR, TGT, KSS, CIEN, AFI

6 Mar 2019- ANF, FVE, MEET, WHF, ABM, AEO

7 Mar 2019- HOV, GNC, KR, COST, TTOO

8 Mar 2019- NAV, MTN

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Stock Market Watch For the Week of February 25th

After nine straight weeks of posting gains for the Dow Jones, it looks to go for a tenth this week. Some of the fears the market had a few months ago is withering away. For example, on Sunday, President Trump announced that he would be holding off on raising Chinese tariffs, as both parties continue to negotiate.

Furthermore, the Federal Reserve Bank officials have made it clear that they will remain patient when it comes to adjusting interest rates. On Tuesday, Fed Chairman Powell spoke to Congress. In his prepared speech he mentioned that the economic outlook is favorable with some cross-currents.

It’s a busy week for earnings and a busy week for economic data.

That said, volatility has gotten crushed since December 24, when the VIX traded above 36. However, it’s currently trading around 15.

graph

Source: Yahoo

Here are how some of the most actively traded index ETFs performing over the week: SPDR S&P 500 ETF (SPY) +0.78%, iShares Russell 2000 ETF (IWM) +1.26%, SPDR Dow Jones Industrial Average ETF (DIA) +0.87%, Invesco QQQ Trust (QQQ) +0.92%

Here are how some of the most actively traded commodity and interest rate ETFs performed: United States Oil Fund (USO) -1.20%, iShares 20+ Year Treasury Bond (TLT) -0.63%, SPDR Gold Shares (GLD) +0.46%

Economic Releases:
26 Feb 2019- Housing Starts 8:30 AM ET; Jerome Powell speaks 9:45 AM ET

27 Feb 2019- International Trade in Goods 8:30 AM ET; EIA Petroleum Status Report 10:30 AM ET

28 Feb 2019- GDP 8:30 AM ET; Jobless Claims 8:30 AM ET

1 Mar 2019- Personal Income and Outlays 8:30 AM ET; ISM Manufacturing Index 10:00 AM ET

Key Earnings:
26 Feb 2019- AZO, DISCA, HD, M, PZZA, PANW, PLNT, MYL

27 Feb 2019- CHK, HZNP, LOW, TJX, BKNG, MNST, SQ, FIT, HPQ, BOX

28 Feb 2019- JCP, PCG, SEAS, DELL, MAR, JWN, GPS, SPLK, WDAY, ZS

1 Mar 2019- FL

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