October 23, 2018 The Week Ahead

October 23, 2018 tvcuser Education, Trading China, homebuilders ETF, Italy, Shanghai, VIX

The stock market continues to sell-off on fears of rising rates, trade disputes, and geopolitical tensions. Despite this, earnings have been relatively strong to date. However, we can’t deny the weakness in certain sectors. For example, the homebuilders ETF has sold off 21 out of 23 days.

Going into the week the focus will be on earnings. Outside of the US Markets, traders are following Italy’s budget story as well as the Shanghai index. It was announced earlier that China’s Q3 GDP grew at a slower pace than projected.

The VIX continues to trade above the 20 level as risk off maintains to be a theme in the markets.

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Economic Releases:
24 Oct 2018- New Home Sales 10:00 AM ET; EIA Petroleum Status Report 10:30 AM ET

25 Oct 2018- Durable Goods Orders 8:30 AM ET; International Trade In Goods 8:30 AM ET; Jobless Claims 8:30 AM ET

26 Oct 2018- GDP 8:30 AM ET

28 Oct 2018- Jobless Claims 8:30 AM ET; Philly Fed Business Survey 8:30 AM ET

29 Oct 2018- Existing Home Sales 10:00 AM ET

Key Earnings:
25 Oct 2018- BAC, SCHW, RIO

26 Oct 2018- BLAK, DPZ, GS, GWW, JNJ, NS, PGR, UNH, CREE, CSX, IBM, NFLX, UAL

27 Oct 2018- AA, ASML, ABT, BMI, KMI, MTB, USB, WPP, URI, CCI, SLG, STLD, URI

28 Oct 2018- BBT, BK, BX, DHR, DOV, ERIC, GPC, NUE, NVS, PM, POOL, PPG, SON, TRV, TXT, WBC, WBS, AXP, EBAY, ETFC, ISRG, PYPL, OZK, WERN

29 Oct 2018- CLF, HON, PG, SLB, SYF, VFC, STT, CFG

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August 9, 2015 The Week Ahead

August 9, 2015 tvcuser Education, Trading Conferences, Data, Dow Jones, Earnings, Economic, education, S&P 500, Shanghai, trading, VIX

August 9, 2015 The Week Ahead

The S&P 500 ended Friday’s action down for the fourth time in the last five trading sessions. Even worse, the Dow Jones Industrials has suffered its seventh straight losing session.

In respect to risk, market participants will be watching the Shanghai Composite, along with earnings.
Thus far, earnings have not been good enough to push the market to new highs.

Despite the uncertainty, the VIX barely climbed, closing the week at 13.39. With that said, many market technicians believe that the market is having a hard time holding major support levels. However, we are in the dull days of summer, which could explain the low volatility readings.