March 12, 2018 The Week Ahead

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The markets bounced back on Friday, following a better than expected monthly jobs report and potential peace talks with North Korea underway. Despite negative reactions to Trump’s steel tariff plans, it appears to exempt Canada and Mexico.

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) +4.32%, SPDR S&P 500 ETF (SPY) +3.64%, SPDR Dow Jones Industrial Average ETF (DIA) +3.35%, iShares Russell 2000 ETF (IWM) +4.31%

With the U.S adding 313,000 jobs in February, it helped ease some concerns investors have had about inflation. The VIX continues to decline, now below 15, closing at 14.64 on Friday.

S&P 500 VIX Overview

Here are how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) +0.81%, iShares 20+ Year Treasury Bond (TLT) -0.37%, SPDR Gold Shares (GLD) +0.12%

Economic Releases:
13 March 2018- Consumer Price Index 8:30 AM ET

14 March 2018- PPI 8:30 AM ET; Retail Sales 8:30 AM ET; EIA Petroleum Status Report 10:30 AM ET

15 March 2018- Jobless Claims 8:30 AM ET; Philly Fed Survey 8:30 AM ET

16 March 2018- Housing Starts 8:30 AM ET; Industrial Production 9:15 AM ET

Key Earnings:
12 March 2018- COUP, GDS, SFIX, VNET

13 March 2018- DKS, HDS

14 March 2018- EXPR, PGR, SIG, VRA, CTRP, DDD, RUBI, SMRT, TACO, SMTC, TLRD

15 March 2018- DG, ADBE, AVGO, JBL, KEYW, MRAM, ULTA

16 March 2018- TIF

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March 5, 2018 The Week Ahead

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Uncertainty is back, as markets continue to digest the impact of a potential trade war.

Trump Tweet
All major stock market indexes sold off, with the Dow Jones Industrial Averages being the hardest hit. Some of the weakest performers included: ALB, SQM, MNST, LOW, MCD, and HD.

The VIX as its price rise over the week, closing at 19.59 on Friday.

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) -1.30%, SPDR S&P 500 ETF (SPY) -2.05%, SPDR Dow Jones Industrial Average ETF (DIA) -2.99%, iShares Russell 2000 ETF (IWM) -1.06%

Here is how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) -3.13%, iShares 20+ Year Treasury Bond (TLT) +0.19%, SPDR Gold Shares (GLD) -0.59%

Economic Releases:
7 March 2018- International Trade 8:30 AM ET; EIA Petroleum Status Report 10:30 AM ET

8 March 2018- Jobless Claims 8:30 AM ET

9 March 2018- Employment Situation 8:30 AM ET

Key Earnings:
5 March 2018- ASNA, DAVE, FATE, NX, PQ

6 March 2018- CIEN, TGT, ADSK, HRB, ROST, URBN

7 March 2018- ANF, DLTR, GOLF, COST, CZR, VSLR

8 March 2018- AEO, IGT, KOPN, KR, MRVL, PAY

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February 25, 2018 The Week Ahead

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The markets continued to remain strong as all major indices posted gains. In addition, the Nasdaq, S&P 500, and Dow Jones Industrials are now trading above 20, 50, 100, and 200-day simple moving averages.

This comes despite seeing weakness in a key Dow component, Walmart, as it disappointed the street with its latest earnings causing the stock to drop more than 10% on the week.

Market participants are looking forward to seeing earnings results out of major retailers this week. Also, they’ll be closely watching the latest GDP release.

The VIX continues to drop, closing at 16.50 on Friday, a steep decline from the Feb 6 high of 50.41.

graph
Source: TradingView

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) +1.49%, SPDR S&P 500 ETF (SPY) +0.62%, SPDR Dow Jones Industrial Average ETF (DIA) +0.16%, iShares Russell 2000 ETF (IWM) +0.77%

Here is how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) +3.57%, iShares 20+ Year Treasury Bond (TLT) +0.05%, SPDR Gold Shares (GLD) -1.74%

Economic Releases:
26 Feb 2018- New Home Sales 10:00 AM ET

27 Feb 2018- Durable Goods Orders 8:30 AM ET; International Trade In Goods 8:30 AM ET

28 Feb 2018- GDP 8:30 AM ET; EIA Petroleum Report 10:30 AM ET

1 March 2018- Jobless Claims 8:30 AM ET; Personal Income and Outlays 8:30 AM ET; ISM Manufacturing Index 10:00 AM ET

Key Earnings:
26 Feb 2018- DF, SN, VERI, OKE, PANW, SNI, JBT

27 Feb 2018- AMT, AES, AZO, DISCA, EE, ENDP, M, MNK, SAH, SEAS, BUFF, DXCM, ESRX, EVHC, IMAX, PCLN, SQ, TIVO, TSRO

28 Feb 2018- ADI, DY, TJX, CRM, MYL, UHS

1 Mar 2018- BBY, KSS, NRG, PDCO, GPS, JWN

2 Mar 2018- FL

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February 19, 2018 The Week Ahead

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The markets have bounced back after experiencing one of the fastest 10% declines in history. Overall, the market is still up year to date, despite fears of inflation increasing.

Was last week a dead cat bounce or did we get the 10% correction we needed for the bull market to continue?

Investors should continue to monitor inflation data, as well as earnings. Some key names reporting include Walmart, The Home Depot, and Apache Corporation.

The VIX closed at 19.46 on Friday, a steep decline from the Feb 6 high of 50.41.

graph
Source: TradingView

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) +5.68%, SPDR S&P 500 ETF (SPY) +4.44%, SPDR Dow Jones Industrial Average ETF (DIA) +4.10%, iShares Russell 2000 ETF (IWM) +4.48%

Here is how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) +4.38%, iShares 20+ Year Treasury Bond (TLT) +0.65%, SPDR Gold Shares (GLD) +2.56%

It’s a short week due to President’s Day. Besides the FOMC Minutes being released, there isn’t much on the economic calendar.

Economic Releases:
21 Feb 2018- PMI Composite Flash 9:45 AM ET; Existing Home Sales 10:00 AM ET; FOMC Minutes 2:00 PM ET

22 Feb 2018- EIA Petroleum Status Report 11:00 AM ET

Key Earnings:
20 Feb 2018- DUK, GPC, HD, MGM, NBL, SIX, WMT, BYD, CXO, DVN, EXR, NFX

21 Feb 2018- GRMN, LNG, WEX, CAKE, EVTC, P, FIVN, CAR

22 Feb 2018- APA, CHK, GOGO, CNP, HRL, MITL, PPL, SCG, W, WIN, HLF, GDDY, INTU, OLED, TTD

23 Feb 2018- COG, ETR, HUN, PEG, PNW, RY

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January 21, 2018 The Week Ahead

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The markets continue to stay hot, as the Dow is now up 5.3, S&P 500 4.9%, and the Nasdaq up 6.2% after the first three weeks of trading this year.

Some concerns going into the week include the government shutting down.

The VIX closed higher for the second consecutive week, climbing to 11.30 on Friday, a rise of more than 10% from the previous week.

graph
Source: TradingView

Traders will also be paying close attention to earnings, we’ve seen some negative reactions to American Express and IBM already this earnings season.

Names to look out for include: Netflix, Johnson & Johnson, General Electric, Ford, Intel, and Celgene.

Here is how some of the most popularly traded index ETFs performed over the week: SPDR S&P 500 ETF (SPY) +1.55%, iShares Russell 2000 (IWM) +0.70%, SPDR Dow Jones Industrials Average ETF (DIA) +1.93%, and PowerShares QQQ ETF (QQQ) +1.87%

Here is how some futures and commodity ETF’s performed over the week: United States Oil Fund (USO) +0.16%, iShares 20+ Year Treasury Bond (TLT) -1.01%, SPDR Gold Shares (GLD) +0.78%

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

Economic Releases:
24 Jan 2018- PMI 9:45 AM ET; Existing Home Sales 10:00 AM; EIA Petroleum Status Report 10:30 AM ET
25 Jan 2018- International Trade In Goods 8:30 AM ET; Jobless Claims 8:30 AM ET; New Home Sales 10:00 AM ET
26 Jan 2018- Durable Goods Orders 8:30 AM ET; GDP 8:30 AM ET

Key Earnings:
22 Jan 2018- HAL, UBS, NFLX, STLD, ZION
23 Jan 2018- CREE, AMTD, JNJ, KMB, PG, STT, TRV, UAL, VZ, NAVI, TXN
24 Jan 2018- CMCSA, GE, NSC, NTRS, ROK, SWK, UTX, DFS, LRCX,
25 Jan 2018- CAT, FCX, LUV, MMM, NOC, CELG, PX, SHW, UNP, RTN, ETFC, FLEX, INTC, ISRG, SBUX, WDC
26 Jan 2018- APD, CL, COL, GNTX, HON, HRC, LEA

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January 14, 2018 The Week Ahead

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The markets continue to grind higher as we now enter earnings season. We’ve seen a record close 8 out of the last 9 sessions, with 161 out of the S&P 500 stocks closing at 52-week highs on Friday.

The energy sector has been also picking up steam. The United States Oil Fund (USO) is up more than 7% in 2018.

Despite a record close, the VIX closed at 10.20 on Friday, a rise of more than 10% from the previous week.

graph
Source: TradingView

Looking forward to the week, here are some of the key earnings names to watch: Citigroup, Goldman Sachs, IBM, American Express, and American Airlines.

Here is how some of the most popularly traded index ETFs performed over the week: SPDR S&P 500 ETF (SPY) +1.65%, iShares Russell 2000 (IWM) +2.18%, SPDR Dow Jones Industrials Average ETF (DIA) +2.05%, and PowerShares QQQ ETF (QQQ) +1.59%

Here is how some futures and commodity ETF’s performed over the week: United States Oil Fund (USO) +4.54%, iShares 20+ Year Treasury Bond (TLT) -0.95%, SPDR Gold Shares (GLD) +1.30%.

The markets are closed on Friday in observance of Martin Luther King Jr. Day.

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

Economic Releases:
17 Jan 2018- Industrial Production 9:15 AM ET
18 Jan 2018- Housing Starts 8:30 AM ET; Jobless Claims 8:30 AM ET; Philly Fed Survey 8:30 AM ET; EIA Petroleum Status Report 11:00 AM ET

Key Earnings:
16 Jan 2018- C, CMA, ADTN, OZRK, UNH, CSX, IBKR
17 Jan 2018- ASML, BAC, GS, FAST, SCHW, USB, AA, BHP, PTC, SLM
18 Jan 2018- BK, JBHT, KEY, MS, TSM, AXP, CP, IBM, MLNX, PBCT
19 Jan 2018- FHN, KSU, RF, SLB, SYF

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January 8, 2018 The Week Ahead

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The markets started 2018 with a bang, lead by the Nasdaq which gained more than 3% on the week. Even the S&P 500 posted one if its largest weekly gains in over a year.

The VIX closed at 9.22 on Friday, a sign that the market is optimistic and less fearful.

graph
Source: TradingView

Looking forward to the week, earnings will be kicking off on Friday, starting with some big financial firms like Wells Fargo, JPMorgan, and BlackRock.

Here is how some of the most popularly traded index ETFs performed over the week: SPDR S&P 500 ETF (SPY) +2.07%, iShares Russell 2000 (IWM) +0.69%, SPDR Dow Jones Industrials Average ETF (DIA) +1.83%, and PowerShares QQQ ETF (QQQ) +3.31%

Here is how some futures and commodity ETF’s performed over the week: United States Oil Fund (USO) +2.84%, iShares 20+ Year Treasury Bond (TLT) -0.75%, SPDR Gold Shares (GLD) +2.02%

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

Economic Releases:
10 Jan 2018- EIA Petroleum Status Report 10:30 AM ET
11 Jan 2018- Jobless Claims 8:30 AM ET; PPI 8:30 AM ET
12 Jan 2018- Consumer Price Index 8:30 AM ET; Retail Sales 8:30 AM ET

Key Earnings:
8 Jan 2018- HELE
9 Jan 2018- VOXX
10 Jan 2018- LEN, KBH, MSM, SVU
11 Jan 2018- FCEL
12 Jan 2018- JPM, BLK, PNC, WFC, INFY

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December 17, 2017 The Week Ahead

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The markets continue to soar higher as we approach Christmas and the end of year. Despite all this, cryptocurrencies and politics continue to steal the headlines. Last Sunday bitcoin futures were introduced, however, they’ve yet to curb volatility in the name.

Last Wednesday, the FOMC raised interest rates, as expected by most Wall Street Analysts.

A majority of the trading action has been in companies that have some loose affiliation to cryptocurrencies and blockchain. This trend should continue for the last few weeks of the trading season.

Some earnings worth noting this week include: Nike, Federal Express, and Micron.

The “fear index” closed at 9.40 on Friday, as it now sits near the 52-week lows.

graph
Source: TradingView

Here are how some of the most traded ETFs performed over the week: SPDR S&P 500 ETF (SPY) +0.38%, iShares Russell 2000 (IWM) +0.55%, SPDR Dow Jones Industrials Average ETF (DIA) +1.08%, and PowerShares QQQ ETF (QQQ) +1.91%

Here is how some futures/commodity related ETF’s performed over the week: United States Oil Fund (USO) -0.26%, iShares 20+ Year Treasury Bond (TLT) +1.31%, SPDR Gold Shares (GLD) +0.59%.

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

Economic Releases:
19 Dec 2017- Housing Starts 8:30 AM ET
20 Dec 2017- Existing Home Sales 10:00 AM ET; EIA Petroleum Status Report 10:30 AM ET
21 Dec 2017- Jobless Claims 8:30 AM ET; GDP 8:30 AM ET; Philly Fed Survey 8:30 AM ET
22 Dec 2017- Durable Goods Orders 8:30 AM ET; Personal Income and Outlays 8:30 AM ET; New Home Sales 10:00 AM ET

Key Earnings:
19 Dec 2017- CCL, DRI, FDS, NAV, WOR, FDX, MU, RHT, SCS
20 Dec 2017- BBBY, GIS, ATU
21 Dec 2017- ACN, FINL, APOG, CAG, HOV, KMX, PAYX, CAMP, NKE, CTAS

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December 3, 2017 The Week Ahead

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The market continues to grind higher, despite seeing a spike in volatility on Friday. A fake news report from an ABC News Anchor claiming that Lt. Gen. Michael Flynn was ready to testify against President Trump. The story was later retracted days later.

graph

The SPY traded in a range between 260.76 and 265.31 on Friday. However, it only closed down 0.21%.

The next political headline that could be a catalyst is the tax bill, as its been passed by the Senate.

The “fear index” closed at 11.4 on Friday; and as high as 14.5 during the time the ABC news story was breaking.

graph
Source: TradingView

Here are how some of the most traded ETFs performed over the week: SPDR S&P 500 ETF (SPY) +1.57%, iShares Russell 2000 (IWM) +1.37%, SPDR Dow Jones Industrials Average ETF (DIA) +2.96%, and PowerShares QQQ ETF (QQQ) -1.13%

Here is how some futures/commodity related ETF’s performed over the week: United States Oil Fund (USO) -1.02%, iShares 20+ Year Treasury Bond (TLT) -0.20%, SPDR Gold Shares (GLD) -0.60%

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

Economic Releases:
5 Dec 2017- International Trade 8:30 AM ET
6 Dec 2017- EIA Petroleum Status Report 10:30 AM ET
7 Dec 2017- Jobless Claims 8:30 AM ET
8 Dec 2017- Employment Situation 8:30 AM ET

Key Earnings:
4 Dec 2017- ASNA, COUP
5 Dec 2017- AZO, BMO, FRAN, HDS, JILL, TOL, IDT, OXM, PLAY, POWL, RH, VEEV
6 Dec 2017- AEO, FRED, HRB, VRA, AVGO, KEYS, SEAC, VRNT, OLLI
7 Dec 2017- CIEN, DVMT, EYE, MCC, MTN, VNCE, FNSR, UNFI

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November 26, 2017 The Week Ahead

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The markets continue to slowly grind higher as it appears they have completely dislocated from the news. In addition, cryptocurrencies like BitCoin are garnering so much attention that they are overshadowing the lack of volatility we are seeing in the market.

The “fear index” closed at 9.65 on Friday; and according to the chart it printed 8.60 on a flash down that day.

graph
Source: TradingView

Here are how some of the most traded ETFs performed over the week: SPDR S&P 500 ETF (SPY) +0.68%, iShares Russell 2000 (IWM) +2.15%, SPDR Dow Jones Industrials Average ETF (DIA) +0.24%, and PowerShares QQQ ETF (QQQ) +1.11%

Here is how some futures/commodity related ETF’s performed over the week: United States Oil Fund (USO) +6.55%, iShares 20+ Year Treasury Bond (TLT) +1.09%, SPDR Gold Shares (GLD) +0.75%

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

Economic Releases:
27 Nov 2017- New Home Sales 10:00 AM ET
28 Nov 2017- International Trade In Goods 8:30 AM ET
29 Nov 2017- GDP 8:30 AM ET; EIA Petroleum Status Report 10:30 AM ET
30 Nov 2017- Jobless Claims 8:30 AM ET; Personal Income and Outlays 8:30 AM ET
1 Dec 2017- ISM Manufacturing Index 10:00 AM ET

Key Earnings:
27 Nov 2017- THO
28 Nov 2017- NOMD, NUAN, ADSK
29 Nov 2017- TIF, BOX, DSGX, JACK, LZB, SNPS, WDAY
30 Nov 2017- BKS, KR, MIK, PERY, TD, AMBA, ULTA, VMW, YEXT, ZUMZ

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