November 26, 2017 The Week Ahead

The markets continue to slowly grind higher as it appears they have completely dislocated from the news. In addition, cryptocurrencies like BitCoin are garnering so much attention that they are overshadowing the lack of volatility we are seeing in the market.

The “fear index” closed at 9.65 on Friday; and according to the chart it printed 8.60 on a flash down that day.

graph
Source: TradingView

Here are how some of the most traded ETFs performed over the week: SPDR S&P 500 ETF (SPY) +0.68%, iShares Russell 2000 (IWM) +2.15%, SPDR Dow Jones Industrials Average ETF (DIA) +0.24%, and PowerShares QQQ ETF (QQQ) +1.11%

Here is how some futures/commodity related ETF’s performed over the week: United States Oil Fund (USO) +6.55%, iShares 20+ Year Treasury Bond (TLT) +1.09%, SPDR Gold Shares (GLD) +0.75%

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

Economic Releases:
27 Nov 2017- New Home Sales 10:00 AM ET
28 Nov 2017- International Trade In Goods 8:30 AM ET
29 Nov 2017- GDP 8:30 AM ET; EIA Petroleum Status Report 10:30 AM ET
30 Nov 2017- Jobless Claims 8:30 AM ET; Personal Income and Outlays 8:30 AM ET
1 Dec 2017- ISM Manufacturing Index 10:00 AM ET

Key Earnings:
27 Nov 2017- THO
28 Nov 2017- NOMD, NUAN, ADSK
29 Nov 2017- TIF, BOX, DSGX, JACK, LZB, SNPS, WDAY
30 Nov 2017- BKS, KR, MIK, PERY, TD, AMBA, ULTA, VMW, YEXT, ZUMZ

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