October 23, 2018 The Week Ahead

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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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September 24, 2018 The Week Ahead

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US Stocks moved steadily higher over the week, as another strong quarter was recorded on the books. Despite sitting near highs, investors are wondering how much longer the bull market can continue. Some fear that rising interest rates and debt levels could be the culprit that takes this market lower.

We’ll see what the FOMC has to say about this later in the week as they are set to meet. Interestingly, several publications including Barron’s mentioned gold over the weekend as a potential investment again.

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) -0.15%, SPDR S&P 500 ETF (SPY) +0.38%, SPDR Dow Jones Industrial Average ETF (DIA) +2.00%, iShares Russell 2000 ETF (IWM) -0.57%

The VIX closed at 11.68 on Friday, selling off for the second straight week.

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Here are how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) +3.17%, iShares 20+ Year Treasury Bond (TLT) -1.22%, SPDR Gold Shares (GLD) +0.42%

Economic Releases:
26 Sep 2018- New Home Sales 10:00 AM ET; EIA Petroleum Status Report 10:30 AM ET; FOMC Meeting Announcement 2:00 PM ET; FOMC Forecasts 2:00 PM ET; Fed Chair Press Conference 2:30 PM

27 Sep 2018- Durable Goods Orders 8:30 AM ET; GDP 8:30 AM ET; International Trade in Goods 8:30 AM ET; Jobless Claims 8:30 AM ET

28 Sep 2018- Personal Income and Outlays 8:30 AM ET

Key Earnings:
24 Sep 2018- ASNA

25 Sep 2018- FDS, JBL, NEOG, AIR, CTAS, KBH, NKE

26 Sep 2018- ATU, KMNX, OMN, WOR, BBBY

27 Sep 2018- ANGO, CAG, FGP, MKC, RAD, CAMP

28 Sep 2018- MTN

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July 16, 2018 The Week Ahead

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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.

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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

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July 9, 2018 The Week Ahead

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U.S. stocks closed Friday on a positive note, posting impressive gains over the shortened trading week. Some reasons for the strength are attributed to strong jobs data, and improved optimism towards the US upcoming trade policy and its stance on tariffs.

Stocks in play included: Intel +4%, Biogen +23.8%, and Acceleron Pharma +37%

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) +2.58%, SPDR S&P 500 ETF (SPY) +1.67%, SPDR Dow Jones Industrial Average ETF (DIA) +1.04%, iShares Russell 2000 ETF (IWM) +2.67%

The VIX declined sharply, closing 13.37 on Friday.

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Here are how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) +0.67%, iShares 20+ Year Treasury Bond (TLT) +0.50%, SPDR Gold Shares (GLD) +0.54%

Economic Releases:
11 July 2018- PPI 8:30 AM ET; EIA Petroleum Status Report 10:30 AM ET

12 July 2018- Consumer Price Index 8:30 AM ET; Jobless Claims 8:30 AM ET

Key Earnings:
10 July 2018- PEP, VOXX

11 July 2018- FAST, OZRK, MSM

13 July 2018- C, JPM, WFC, FRC

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June 25, 2018 The Week Ahead

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U.S. stocks traded lower over the week as trade talks between China has escalated. The U.S. has implemented an additional $200B in tariffs on China. That said, China countered with their own tariffs. Going into next week traders will be watching international news, specifically the Turkish elections and politics out of Italy.

Stocks in play included: HRTX +38%; SRPT +37%; FMI +34%; and SFIX +16.6%

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) -1.04%, SPDR S&P 500 ETF (SPY) -0.87%, SPDR Dow Jones Industrial Average ETF (DIA) -2.01%, iShares Russell 2000 ETF (IWM) +0.01%

The VIX closed the week higher, finishing it at 13.8

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Here are how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) +7.39%, iShares 20+ Year Treasury Bond (TLT) +0.17%, SPDR Gold Shares (GLD) -0.82%

Economic Releases:
25 June 2018- New Home Sales 10:00 AM ET

27 June 2018- Durable Goods Orders 8:30 AM ET; International Trade in Goods 8:30 AM ET; EIA Petroleum Status Report 10:30 AM ET

28 June 2018- Jobless Claims 8:30 AM ET; GDP 8:30 AM ET

29 June 2018- Personal Income and Outlays 8:30 AM ET

Key Earnings:
25 June 2018- CCL

26 June 2018- FDES, LEN, SONC

27 June 2018- GIS, PAYX, UNF, BBBY, PIR, RAD, WOR, FC

28 June 2018- APOG, CAG, GMS, LNN, MKC, WBA, NKE, KBH

29 June 2018- STZ

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June 18, 2018 The Week Ahead

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U.S. stocks were mixed over the week after the Federal Reserve Bank announced an interest rate hike. Also capturing headlines were the Trump tariff announcement on China. Traders will be watching the situation and whether or not it escalates any further.

Stocks in play included: Restoration Hardware +42%, Canada Goose Holdings +41%, Pivotal Software +39%, Carbon Black +32.8%, and Huya Inc. 32.4%

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) -0.38%, SPDR Dow Jones Industrial Average ETF (DIA) -1.00%, iShares Russell 2000 ETF (IWM) +0.77%

The VIX closed lower on Friday, finishing it at 11.98.

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Here are how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) +0.77%, iShares 20+ Year Treasury Bond (TLT) +0.71%, SPDR Gold Shares (GLD) -1.36%

Economic Releases:
19 June 2018- Housing Starts 8:30 AM ET

20 June 2018- Existing Home Sales 10:00 AM ET; EIA Petroleum Status Report 10:30 AM ET

21 June 2018- Jobless Claims 8:30 AM ET; Philly Fed Business Outlook Survey 8:30 AM ET

22 June 2018- PMI Composite Flash 9:45 AM ET

Key Earnings:
19 June 2018- EQH, FDX, LZB, ORCL

20 June 2018- MU, AOBC, SCS, BNED

21 June 2018- CMC, DRI, KR, MEI, PDCO, RHT

22 June 2018- KMX

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May 14, 2018 The Week Ahead

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Stocks performed strongly over the week, with major indexes gaining over 2% respectfully. Earnings season is winding down; that said, we should expect volatility to come in as there are not too many scheduled events this coming week.

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) +2.78%, SPDR S&P 500 ETF (SPY) +2.57%, SPDR Dow Jones Industrial Average ETF (DIA) +2.48%, iShares Russell 2000 ETF (IWM) +2.64%

The VIX dropped during the week, closing at 12.70 on Friday.

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Here are how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) +1.14%, iShares 20+ Year Treasury Bond (TLT) +0.20%, SPDR Gold Shares (GLD) +0.37%

Economic Releases:
15 May 2018- Retail Sales 8:30 ET

16 May 2018- Housing Starts 8:30 AM ET; Industrial Production 9:15 AM ET; EIA Petroleum Status Report 10:30 AM ET

17 May 2018- Jobless Claims 8:30 AM ET; Philly Fed Survey 8:30 AM ET;

Key Earnings:
14 May 2018- A, SWCH, TDW, VIPS, MZOR

15 May 2018- HD, VOD, BOOT, VRTU

16 May 2018- CSIQ, M, CSCO, FLO, NTES, TTWO

17 May 2018- JCP, WMT, AMAT, JWN

18 May 2018- CPB, DE

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April 2, 2018 The Week Ahead

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Stocks were mixed for the week, as the tech sector sold off further, while the rest of the market stabilized.

Facebook continues to remain under pressure after its data breach scandal. However, recent speculation that the government might crack down on Amazon caused the stock to sell-off by more than 6% on the week.

There is some fear that if stocks like Amazon and Facebook sell off further that it could send the market down with it. After all, these two stocks are in so many ETFs and held by many institutional funds.

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) -1.64%, SPDR S&P 500 ETF (SPY) -0.20%, SPDR Dow Jones Industrial Average ETF (DIA) +0.85%, iShares Russell 2000 ETF (IWM) -0.99%

The VIX declined on the week, closing at 19.97 from last week’s 24.90.

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Here are how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) +1.08%, iShares 20+ Year Treasury Bond (TLT) +1.36%, SPDR Gold Shares (GLD) -0.15%

Economic Releases:
2 April 2018- ISM Manufacturing 10:00 AM ET

4 April 2018- EIA Petroleum Status Report 10:30 AM ET

5 April 2018- International Trade 8:30 AM ET; Jobless Claims 8:30 AM ET

6 April 2018- Employment Situation 8:30 AM ET

Key Earnings:
2 April 2018- CALM, WLB, LMB, SWCH

3 April 2018- CLDR, PLAY

4 April 2018- KMX, LEN, FC, RECN, OLLI

5 April 2018- LW, SCHN

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March 26, 2018 The Week Ahead

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It was another rough week for stocks as a number of catalysts brought uncertainty to the market.

The first, a developing story which includes Facebook and research firm Cambridge Analytica. The research firm was able to gather information of more than 50 million users by using the Facebook platform. It’s alleged that they used this information to target voters and influence political elections. That said, it’s brought an ongoing discussion on Facebook, and how it uses and shares people’s personal information. More people, including politicians, are wondering why it’s not regulated.

Facebook is one of largest companies in the world and is heavily owned in ETFs and by other financial institutions. Shares of the stock dropped by nearly 14% and closed well below its 200 simple moving average.

The second catalyst came out of Washington. On Thursday, President Trump announced a $60B border tariff on imports. Whether or not this spills into a trade war, the markets first reaction was to sell and ask questions later.

And of course, there was an FOMC meeting, debuting the new Fed Chairman Jerome Powell. As expected they raised rates. But, given the uncertainty in the market, we’ll have to pay close attention to if they’ll continue to raise rates at the pace they are expected to.

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) -7.31%, SPDR S&P 500 ETF (SPY) -5.89%, SPDR Dow Jones Industrial Average ETF (DIA) -5.61%, iShares Russell 2000 ETF (IWM) -4.90%

The VIX exploded, rising more than 57% on the week, closing at 24.90

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Here are how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) +5.82%, iShares 20+ Year Treasury Bond (TLT) +0.30%, SPDR Gold Shares (GLD) +2.42%.

Some earnings for this 4-day week include: Walgreens, Restoration Hardware, RedHat, GameStop, and Constellation Brands.

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

29 March 2018- Jobless Claims 8:30 AM ET; Personal Income 8:30 AM ET

Key Earnings:
26 March 2018- PAYX, PUMP, RHT

27 March 2018- FDS, FRAN, MKC, RH, SONC, TEUM

28 March 2018- WBA, GME, PVH, UNF, OXM, PRGS

29 March 2018- LNN, STZ, MARK, SNX, TITN, WOR

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March 19, 2018 The Week Ahead

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Stocks cooled off this week, as the S&P 500 sold off four out of five days. All eyes are on the upcoming FOMC meeting that is set for this upcoming Wednesday. Sentiment on the Street is that the Fed will be raising rates; however, market participants will be focused on its forecasts and views on the economy.

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) -1.24%, SPDR S&P 500 ETF (SPY) -1.67%, SPDR Dow Jones Industrial Average ETF (DIA) -1.67%, iShares Russell 2000 ETF (IWM) -0.70%

The VIX popped over a point for the week, closing at 15.80. There is still plenty of uncertainty. It seems like every other day a key member of the Trump administration is getting fired or resigning, as we’ve now seen Rex Tillerson, Gary Cohn, and H.R. McMaster leaving high profile positions.

In addition, market participants are closely following how the proposed tariffs will impact the market and if there will be any retaliation from other nations.

S&P 500 VIX Overview

Here are how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) +0.64%, iShares 20+ Year Treasury Bond (TLT) +1.61%, SPDR Gold Shares (GLD) -0.75%

Some large cap earnings this week include: Oracle, Federal Express, Micron, and Nike.

Economic Releases:
21 March 2018- Existing Home Sales 10:00 AM ET; EIA Petroleum Status Report 10:30 AM ET; FOMC Meeting Announcement 2:00 PM ET; Fed Chair Press Conference 2:30 PM ET

22 March 2018- Jobless Claims 8:30 AM ET; PMI Composite Flash 9:45 AM ET

23 March 2018- Durable Goods Orders 8:30 AM ET; New Home Sales 10:30 AM ET

Key Earnings:
19 March 2018- ORCL

20 March 2018- DLTH, CHFS, PLCE, FDX, RKDA, SCS

21 March 2018- ATU, GIS, ALTR, FIVE, GES

22 March 2018- CAG, CMC, DRI, JAB, LE, MIK, CDNA, HOME, KBH, MU, NKE, SGH

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