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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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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September 24, 2017 The Week Ahead

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The S&P 500 & Dow Jones Industrial Averages closed the week positive. The shining star was small caps, as the Russell 2000 gained more than 1%. However, we did see weakness in some tech names, forcing the Nasdaq to close the week 1% lower.

Shares of AAPL -5%, AMZN -3.21%, FB -0.64, and TSLA -7.56% all finished lower.

Despite the sell off in some high profile tech names, the VIX is not worried. The “fear index” closed at 9.60 on Friday.

graph
Source: TradingView

Here are how some of the most traded ETFs performed over the week: SPDR S&P 500 ETF (SPY) +0.10%, iShares Russell 2000 (IWM) +1.33%, SPDR Dow Jones Industrials Average ETF (DIA) +0.34%, and PowerShares QQQ ETF (QQQ) -1.19%

Here is how some futures/commodity related ETF’s performed over the week: United States Oil Fund (USO) +0.39%, iShares 20+ Year Treasury Bond (TLT) -0.52%, SPDR Gold Shares (GLD) -1.82%.

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

Economic Releases:
25 Sep 2017- New Home Sales 8:30 AM ET; Janet Yellen Speech 11:50 AM ET
27 Sep 2017- Durable Goods Orders 8:30 AM ET, EIA Petroleum Status Report 10:30 AM ET
28 Sep 2017- GDP 8:30 AM ET; International Trade 8:30 AM ET; Jobless Claims 8:30 AM ET
29 Sep 2017- Personal Income 8:30 AM ET

Key Earnings:
25 Sep 2017- ASNA, RHT, SNX
26 Sep 2017- FDS, INFO, MU, NKE
27 Sep 2017- JBL, PIR, THO
28 Sep 2017- BBRY, CAG, MKC, RAD, CAMP, KBH, CMD

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August 13, 2017 The Week Ahead

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Markets sold off during the week as geopolitical tensions between the US and North Korea escalated. On Thursday the Nasdaq dropped more than 2% and the S&P 500 sold off more than 1.45%. But when Friday rolled around there was no follow through and markets closed in positive territory.

The VIX reached it’s highest levels of the year, closing at 15.50 on Friday.

graph
Source: TradingView

There are less earnings reporting this week, however; there are still some large cap names to watch out for.

Earnings coming out for the week include: Wal-Mart, Applied Materials, Alibaba, Cisco, Target, and The Home Depot.

Here are how some of the most traded ETFs performed over the week: SPDR S&P 500 ETF (SPY) -1.33%, iShares Russell 2000 (IWM) = -2.67%, SPDR Dow Jones Industrials Average ETF (DIA) -0.85%, and PowerShares QQQ ETF (QQQ) -1.08%

Here is how some futures/commodity related ETF’s performed over the week: United States Oil Fund (USO) -1.38%, iShares 20+ Year Treasury Bond (TLT) +1.20%, SPDR Gold Shares (GLD) +2.62%.

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

Economic Releases:
15 Aug 2017- Retail Sales 8:30 AM ET
16 Aug 2017- Housing Starts 8:30 AM ET, EIA Petroleum Status Report 10:30 AM ET, FOMC minutes
17 Aug 2017- Jobless Claims 8:30 AM ET, Philly Fed Survey 8:30 AM ET, Industrial Production 9:15 AM ET

Key Earnings:
14 Aug 2017- JD, SYY
15 Aug 2017- AAP, COH, DKS, HD, QIWI, TJX, A, URBN, VIAV
16 Aug 2017- TGT, CSCO, NTAP, LB, SMRT
17 Aug 2017- BABA, BKE, BNT, MSG, WMT, AMAT, GPS, ROST, ZOES
18 Aug 2017- DE, EL, FL, HIBB

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July 30, 2017 The Week Ahead

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As earnings roll along, the stock market ended the week with mixed results. The S&P 500 and Dow Jones Industrials closed higher, while the Russell 2000 and Nasdaq finished lower.

Some of the earnings highlights included: Facebook +4.88%, Amazon.com -0.55%, Intel +1.67%, Coca-Cola, and Alphabet Inc. -3.57%

All eyes this week will be on earnings coming out of Apple.

Thus far the market has been resilient and has no signs of a slowdown.

Here are how some of the most traded ETFs performed over the week: SPDR S&P 500 ETF (SPY) +0.01%, iShares Russell 2000 (IWM) -0.41%, SPDR Dow Jones Industrials Average ETF (DIA) +1.16%, and PowerShares QQQ ETF (QQQ) -0.19%

Here is how some futures/commodity related ETF’s performed over the week: United States Oil Fund (USO) +8.89%, iShares 20+ Year Treasury Bond (TLT) -1.43%, SPDR Gold Shares (GLD) +1.20%.

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

Economic Releases:
1 August 2017- Personal Income and Outlays 8:30 AM ET; ISM Manufacturing Index 10:00 AM ET

2 August 2017- EIA Petroleum Status Report 10:30 AM ET

3 August 2017- Jobless Claims 8:30 AM ET

4 August 2017- Employment Situation 8:30 AM ET; International Trade 8:30 AM ET

Key Earnings:
31 July 2017- SOHU, IDTI, JBT, OI, P, PZZA, SIMO, SLCA, VNO

1 August 2017- ADM, APD, BZH, CME, EMR, ETN, IGT, MOS, PBI, PFE, PSX, SHOP, SPG, STAY, TGNA, UAA, XYL, AAPL, FEYE, FTR, HLF, ILMN, NFX, PXD, RRC, UIS, ULTI, VOYA, VVV, WAGE

2 August 2017- ALK, ANTM, BA, BAX, DHI, F, FLIR, GD, GLW, HES, HLT, HSY, IR, KO, LEA, LH, NDAQ, NOC, NYCB, PSA, ROK, SIX, STT, TMO, TUP, WM, BWLD, DFS, EW, FB, FFIV, GILD, HST, HUBG, IMAX, KIM , KN, LPSN, LRCX, KIM, MAA, MLNX, NOW, ORLY, PYPL, RCII, TSCO, VAR, VRTX, XLNX

3 August 2017- AER, AET, AGN, APA, BDX, CEVA, CHD, CLX, COMM, COT, CTSH, DUK, GCI, GPN, H, ICE, K, LDOS, MSCI, OXY, PH, SFM, SONS, TEVA, THS, VAC, WIN, WLTW, WYN, YUM, AAOI, ATVI, ECOM, EGOV, FIVN, FLR, GPRO, INFN, JCOM, KHC, MELI, OLED, SYNA, TIVO, VIAB, WU, ZEN, WING

4 August 2017- AEE, CBOE, NWL, RMAX, TRVG, WCG

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July 18, 2017 Market Wrap Up

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The markets were mixed today, entering the second week of earnings season. The Nasdaq and S&P 500 all closed modestly higher, while the Dow Jones moved lower.

Earnings highlights included: Netflix +13.54%, Goldman Sachs -2.6%, and Johnson & Johnson +1.75%

The VIX closed below ten, an indication that there isn’t much fear in the markets at the moment.

Index ETF movers: SPDR S&P 500 ETF (SPY) +0.05%, iShares Russell 2000 (IWM) -0.26%, SPDR Dow Jones Industrials Average ETF (DIA) -0.24%, and PowerShares QQQ ETF (QQQ) +0.67%

Commodity and futures related ETF movers: United States Oil Fund (USO) +0.95%, iShares 20+ Year Treasury Bond (TLT) +0.87%. SPDR Gold Shares (GLD) +0.70%.

On the options front, we saw large call buying activity in Internap Corporation (INAP), which traded 452 times normal option volume. In addition, we saw heavy put buying in Impinj Inc (PI), which traded 7.9 times normal option volume.

Key Economic Data:
19 July 2017- Housing Starts 8:30 AM ET; EIA Petroleum Status Report 10:30 AM ET
20 July 2017- Jobless Claims 8:30 AM ET; Philly Fed Business Survey 8:30 Am ET

Key Earnings:
18 July 2017- AMTD, BAC, GS, JNJ, LMT, NVS, PGR, UNH, CSX, IBM
19 July 2017- MS, NTRS, TMUS, USB, AA, AXP, CCI, HAWK, QCOM, STLD,
20 July 2017- GPC, KEY, PM, SAP, UL, UNP, COF, EBAY, ISRG, MSFT, SWKS, V
21 July 2017- C, FRC, JPM, PNC, WFC

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July 4, 2017 The Week Ahead

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Over the last couple of weeks we’ve started to see some sector rotation, while the S&P 500 has been relatively flat that hasn’t been the case for Nasdaq stocks as they’ve been under pressure of late. Banks are starting to show strength after passing the stress test last week.

The overall stock market has posted impressive gains over the first 6 months of 2017. On the other hand, the oil sector has been relatively weak. The United States Oil Fund is down nearly 18% year-to-date.

Here are how some of the most traded ETFs performed over the week: SPDR S&P 500 ETF (SPY) -0.40%, iShares Russell 2000 (IWM) +0.72%, SPDR Dow Jones Industrials Average ETF (DIA) +0.29%, and PowerShares QQQ ETF (QQQ) -3.12%

Here is how some futures/commodity related ETF’s performed over the week: United States Oil Fund (USO) +7.73%, iShares 20+ Year Treasury Bond (TLT) -2.96%, SPDR Gold Shares (GLD) -1.92%.

There isn’t much on the earnings schedule for this shortened week of trading.

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

Key Economic Data:
5 July 2017- FOMC Minutes 2:00 PM ET;
6 July 2017- International Trade 8:30 AM ET; Jobless Claims 8:30 AM ET; EIA Petroleum Status Report 10:30 AM ET
7 July 2017- Employment Situation 8:30 AM ET

Key Earnings:
5 July 2017- YUMC, PSMT

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June 15, 2017 Market Wrap Up

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We saw a broad market sell off today in all major indices. However, volumes were below average, a day after the FOMC decided to raise the key interest rate. That said, we should see some added volatility near the close as tomorrow is Quad Witch and the quarterly rebalance of the S&P 500.

The VIX moved up 2.44% higher, closing at 10.90.

Index ETF movers: SPDR S&P 500 ETF (SPY) -0.19%, iShares Russell 2000 (IWM) -0.51%, SPDR Dow Jones Industrials Average ETF (DIA) -0.07%, and PowerShares QQQ ETF (QQQ) -0.44%

Commodity and futures related ETF movers: United States Oil Fund (USO) -0.54%, iShares 20+ Year Treasury Bond (TLT) -0.16%, SPDR Gold Shares (GLD) -0.42%.

On the options front, we saw large call buying activity in AK Steel Holding (AKS), which traded 3.4 times normal option volume. In addition, we saw heavy put buying in Depomed Inc (DEPO), which traded 4.0 times normal option volume.

Key Economic Data:
16 June 2017- Housing Starts 8:30 AM ET

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May 25, 2017 Market Wrap Up

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The stock market closed higher, as both the Nasdaq and S&P 500 hit all-time record highs. On the other hand, trading volumes have been below average, not exactly a bullish sign. However, we are entering the Memorial Day weekend and summer months.

After trading above 16 last week, the VIX is now back below 10 as it closed at 9.99.

In other news, OPEC met today and decided to cut production. That said, the energy sector has been rallying for two weeks ahead of this announcement. A classic sell the news scenario, as oil sold off as more than 5%

ETF movers: United States Oil Fund (USO) -5.28%, iShares 20+ Year Treasury Bond (TLT) +0.03%, SPDR Gold Shares (GLD) -0.11%.

On the options front, we saw large call buying activity in Bill Barrett Corporation (BBG), which traded 4.6 times normal option volume. In addition, we saw heavy put buying in Visteon Corporation (VC), which traded 7.6 times normal option volume.

Key Economic Data:
26 May 2017- Durable Goods Orders 8:30 AM ET; GDP 8:30 AM

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May 21, 2017 The Week Ahead

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All major stock indices sold off this week. Despite still trading near all-time highs, we saw our first real taste of volatility on Wednesday when the S&P 500 plunged 1.82%.

Market fear erupted when rumors of a Trump impeachment started making the rounds. Some believe the rally in the stock market this year has been driven by expectations that Trump’s economic policies would boost business.

Some media outlets painted the picture that Trump’s administration was in serious trouble, putting additional selling pressure on stocks. That said, the markets did rally on Thursday and Friday.

Interestingly, on Wednesday, the VIX had one of it’s largest percentage gains on record, popping more than 46%, moving from 10.65 to 15.59. The VIX ended up closing at 12.04 on the week.

The coming week is packed with economic data including GDP, FOMC Minutes and the 172nd OPEC Meeting.

Here are how some of the most popular ETF Indices performed: SPDR S&P 500 ETF (SPY) -0.28%, iShares Russell 2000 (IWM) -1.08%, SPDR Dow Jones Industrials Average ETF (DIA) -0.59%, and PowerShares QQQ ETF (QQQ) -0.55%

Oil prices rebounded but are still down more than 10% on the month. Here are how some futures/commodity related ETF’s performed: United States Oil Fund (USO) +5.33%, iShares 20+ Year Treasury Bond (TLT) +1.91%, SPDR Gold Shares (GLD) +2.20%.

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

Key Economic Data:
23 May 2017- New Home Sales 10:00 AM ET
24 May 2017- PMI Composite Flash 10:30 AM ET; Existing Home Sales 10:00 AM ET; EIA Petroleum Status Report 10:30 AM ET; FOMC Minutes 2:00 PM
25 May 2017- International Trade in Goods 8:30 AM ET; Jobless Claims 8:30 AM ET
26 May 2017- Durable Goods Orders 8:30 AM ET; GDP 8:30 AM

Key Earnings:
22 May 2017- BAH, A
23 May 2017- AZO, CBRL, DSW, TOL, INTU, TTWO, UVV
24 May 2017- AAP, LOW, TGI, TIF, GES, HPQ, NTAP, PSTG, PVH, UHAL, WSM
25 May 2017- ANF, BBY, BURL, DLTR, SIG, BRCD, COST, GME, MRVL, PDCO, SPLK, VEEV, VNET, ZOES

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