February 12, 2018 The Week Ahead
The market continued to sell-off for the second straight week. The catalyst appears to be inflation, as investors have started to grow their concerns about interest rates rising. In addition, we’re starting to see a massive unwind of volatility related products.
The VIX closed at 29.10 on Friday, and was trading as high as 50 during the week.
Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ): -5.17%; SPDR S&P 500 ETF (SPY): -5.06%; SPDR Dow Jones Industrial Average ETF (DIA): -5.06%; iShares Russell 2000 ETF (IWM)- 4.59%
14 Feb 2018- Consumer Price Index 8:30 AM ET; Retail Sales 8:30 AM ET; EIA Petroleum Status Report 10:30 AM ET
15 Feb 2018- Jobless Claims 8:30 AM ET; Philly Fed Survey 8:30 AM ET; PPI 8:30 AM ET; Industrial Production 9:15 AM ET
16 Feb 2018- Housing Starts 8:30 AM ET
13 Feb 2018- APRN, DBD, GNRC, PEP, TRU, UAA, CARB, CSOD, OXY, TWLO, WU
14 Feb 2018- BG, DPS, IPG, TAP, WYN, CC, CSCO, EQIX, MAR, MRO, NTAP, SPWR, TRIP, WMB, XEC
15 Feb 2018- CYBR, DDR, EQT, GPN, HII, ICLR, KIM, NICE, SHOP, WM, ZTS, CBS, BL, MULE, NUS, TRUE
16 Feb 2018- DE, CPB, IRM, KHC, KO, NWL, R, SJM, WBC
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