August 20, 2017 The Week Ahead

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Markets sold off for the second straight week, despite concerns between the U.S. and North Korea easing. The political focus was on the President and how he was handling the hate crime that happened in Charlottesville, Virginia. In addition, key figures leaving his administration.

These political waves did add to volatility but simmered down by the end of the week. The VIX cooled off a little after trading above 17 this week, closing at 14.26 on Friday.

graph
Source: TradingView

Earnings coming out for the week include: CRM, HPQ, INTU, GME, BRCD, ADSK, and VMW

Here are how some of the most traded ETFs performed over the week: SPDR S&P 500 ETF (SPY) -0.58%, iShares Russell 2000 (IWM) -1.14%, SPDR Dow Jones Industrials Average ETF (DIA) -0.99%, and PowerShares QQQ ETF (QQQ) -0.61%

Here is how some futures/commodity related ETF’s performed over the week: United States Oil Fund (USO) -0.20%, iShares 20+ Year Treasury Bond (TLT) +0.15%, SPDR Gold Shares (GLD) -0.40%.

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

Economic Releases:
23 Aug 2017- New Home Sales 10:00 AM ET; EIA Petroleum Status Report 10:30 AM ET
24 Aug 2017- Jobless Claims 8:30 AM ET, PMI 9:45 AM ET; Existing Home Sales 10:00 AM ET
25 Aug 2017- Durable Goods Orders 8:30 AM ET

Key Earnings:
21 Aug 2017- FN, RT, ZAYO
22 Aug 2017- COTY, DSW, JASO, MDT, MOMO, TOL, CREE, CRM, INTU, LZB, VNET
23 Aug 2017- EXPR, LOW, RBC, GES, HPQ, LCI, PVH, TLYS
24 Aug 2017- ANF, DLTR, MIK, SAFM, SIG, SJM, TIF, TUES, ADSK, AVGO, BRCD, GME, MRVL, SPLK, ULTA, VEEV, VMW

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July 19, 2016 Market Wrap Up | TVC Trading Education Courses

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The S&P 500 closed slightly lower today, but still near record levels. Last night, we got earnings out of Netflix, IBM, and Vmware.

Stocks in play today include: Vmware (VMW) +9%, Line Coporation (LN) -10.14%, Stamps.com (STMP) -4.5%, and Monsanto Company (MON) +.4%

The VIX continues to get destroyed, as it closed below 12 today. Over the last month, the VIX has gone from a high of around 25 to now 11.97.

Crude oil futures dropped 1.5% today, however; down nearly 3% this week ahead of the DOE numbers tomorrow.

On the options front, we saw large call buying activity in Kroger (KR), which traded 2.3 times normal volume. We also saw a ton of bearish bets being placed in Michael Kors Holdings (KORS), which traded 7.7 times usual volume.

Here’s what’s on tap for tomorrow and the rest of the week:

Key Economic Data:
20 July 2016- EIA Petroleum Status Report 10:30 AM ET
21 July 2016- Jobless Claims 8:30 AM ET, Philly Fed Business Survey 8:30 AM ET, Existing Home Sales 10:00 AM ET

Key Earnings:
20 July 2016- ABT, ASML, HAL, MS, SAP, STJ, WBC, TUP, AXP, EBAY, FFIV, GGG, INTC, MAT, MLNX, NEM, PKG, QCOM, TSCO
21 July 2016- ALK, BBT, BIIB, BK, BX, DAN, DHI, DNKN, DPZ, DOV, GM, HBAN, JCI, LUV, PHM, UN, UNP, AMD, CMG, ATHN, COF, FLEX, P, SBUX, SLB, SWKS, SYK, T, V
22 July 2016- GE, HON, SWK, SWN, SYF, TXT, VFC, WHR

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October 22, 2015 Market Wrap Up

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The S&P 500 was on fire today, closing the day up near 2%. The SPDR S&P (SPY) is now up more than 6% on the month.

The market opened up strong after earnings from McDonalds posted better than expected earnings. The stock price closed the day up a little more than 8%.

The VIX continues to get leveled, it closed the day at 14.45, down more than 13%.

The energy sector was relatively flat; however, we did see some strength in some energy stocks in the likes of Exxon Mobil (XOM), which was more than 3%.

On the options front, we saw bullish call buying in Vmware (VMW). Options that saw bearish put buying in AbbVie (ABBV).

This evening we got earnings from Alphabet (GOOGL) +9% , Amazon (AMZN) +9.7%, and Microsoft (MSFT) +8%.

Here’s what’s on tap tomorrow:

23 October 2015- AAL, PG