August 27, 2018 The Week Ahead

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Another week passes but the story remains the same. The U.S. stock market continues to surge to new highs. However, the media often ignores this fact, and instead, focus on the flaws of the President and his regime. Despite all the negative press the President of the United States has been receiving, the market for the most part has ignored all that.

Stocks in play during the week included: ADSK +18.78%, AMD +21.29%, EDU -9.78%, LB -15.15%, and EXAS +44.37%

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) +0.86%, SPDR Dow Jones Industrial Average ETF (DIA) +0.52%, iShares Russell 2000 ETF (IWM) +1.92%

The VIX closed at 12.41 on Friday.

graph

Here are how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) +5.41%, iShares 20+ Year Treasury Bond (TLT) +1.08%, SPDR Gold Shares (GLD) +1.81%.

Economic Releases:
28 Aug 2018- International Trade in Goods 8:30 AM ET

29 Aug 2018- GDP 8:30 AM ET; EIA Petroleum Status Report 10:30 AM ET

30 Aug 2018- Jobless Claims 8:30 AM ET; Personal Income and Outlays 8:30 AM ET

Key Earnings:
28 Aug 2018- BBY, BJ, DSW, HAIN, TIF, BOX, HPE, HRB, SCVL

30 Aug 2018- ANF, BURL, CIEN, CPB, DG, DLTR, MIK, TD, LULU, ULTA

31 Aug 2018- LOW, TGT, ADI, SMRT

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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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September 9, 2015 Market Wrap Up

September 9, 2015 Market Wrap Up

The S&P 500 was not able to follow through after yesterday’s move higher. Now, for a large part of the day it looked like it was going to be smooth sailing; however, when it was all said and done we witnessed a 40 point swing with the market closing nearly 1.5% lower.

For some time, our focus has been on the Asian markets. They’ve had a huge influence on how we’ve traded here. In addition, the FED meeting is coming up in about a week or two. With that said, that’s what traders are waiting and watching.

The VIX closed at 26.23, up nearly five points from the day low.

The energy sector saw some heavy selling pressure, as the United States Oil Fund (USO) closed 3.4% higher.

On the options front, we saw bullish call buying in Autodesk Inc. (ADSK). Options that saw bearish put buying were in Tenet Healthcare (THC).

Here’s what’s going on for the rest of the week:

Key Economic Data:
10 September 2015- Jobless Claims 8:30 AM ET
11 September 2015- PPI 8:30 AM ET

Key Earnings:
10 September 2015- LULU, FNSR, RH, ZMZ
11 September 2015- KR, MFRM

Key Events:
8 September 2015 (runs til 9/10)- Barclay’s CEO Energy Power Conference
8 September 2015 (runs til 9/10)- Barclay’s Global Consumer Staples Conference
8 September 2015 (runs til 9/10)- Citigroup Global Tech Conference
8 September 2015 (runs til 9/10)- JPMorgan Small/Mid Cap Conference
8 September 2015 (runs til 9/10)- Morgan Stanley Healthcare Conference
9 September 2015 (runs til 9/10)- Bank of America 2015 Gaming and Lodging Conference
9 September 2015 (runs til 9/10)- Bank of America 2015 Media Communications & Equipment Conference
9 September 2015 (runs til 9/10)- Cowen Global Transport Conference
9 September 2015 (runs til 9/10)- Goldman Sachs Global Retail Conference
9 September 2015 (runs til 9/10)- Wells Fargo Healthcare Conference
9 September 2015 (runs til 9/11)- Morgan Stanley Industrial CEO Unplugged Conference
10 September 2015 (runs til 9/11)- Bank of America Annual Canada Mining Conference