Stock Market Watch for the Week of February 4th

Stocks closed the month of January strong, as it had its best start to the year since 1987. It all happened while the government was mostly shut down, and trade talks between China still ongoing.

That said, comments out of the Federal Reserve Bank, have been the main driver for the rally in the stock market. On January 30, the FOMC decided to leave interest rates untouched. Also, they removed references of further gradual rate increases, as they plan to continue with current floor approach.

In other words, the Fed is doing its best to please the markets. That said, the focus for the coming week is the State of the Union Address, earnings, and more earnings. We’ll be getting quarterly results from Alphabet, Disney, Electronic Arts, and GM.

So far, earnings have been mixed. For example, Amazon, Nvidia, and Apple have guided lower, while oil companies like Exxon and Chevron are starting to break out towards the upside.

That said, volatility has come in a lot since December 24, when the VIX traded above 36. However, it closed at 16.16 on Friday, a sign that traders are becoming complacent once again.

graph
Source: Yahoo

Here are how some of the most actively traded index ETFs performed over the week: SPDR S&P 500 ETF (SPY) +1.61%, iShares Russell 2000 ETF (IWM) +1.25%, SPDR Dow Jones Industrial Average ETF (DIA) +1.25%, Invesco QQQ Trust (QQQ) +1.39%

Here are how some of the most actively traded commodity and interest rate ETFs performed: United States Oil Fund (USO) +3.38%, iShares 20+ Year Treasury Bond (TLT) +0.36%, SPDR Gold Shares (GLD) +1.33%

Economic Releases:
5 Feb 2019- State of the Union Address 9PM ET

6 Feb 2019- International Trade 8:30 AM ET; EIA Petroleum Status Report 10:30 AM ET

7 Feb 2019- Jobless Claims 8:30 AM ET

Key Earnings:
4 Feb 2019- GOOGL, STX, WSM, GILD, ON, CLX, SYY, ALXN

5 Feb 2019- ADM, EL, EMR, ENR, HUBB, LAZ, RL, VIAB, WCG, WDR, APC, CERN, DATA, DIS, EA, GNW, MCHP, PAA, PAYC, SFLY, SKY, SNAP, SWKS, ULTI, VOYA, ZEN, VRTX

6 Feb 2019- BSX, GM, HUM, LLY, REGN, TTWO, WD, CMG, ELY, FEYE, GPRO, HIVE, IRBT, NEWR, MET, ORLY, PRU, ZNGA, WERN, VVV

7 Feb 2019- ADNT, AMAG, CAH, DNKN, EIGI, GRUB, HAIN, K, LEE, LH, PENN, TWTR, WWE, YUM, ANGI, EXPE, FISV, G, HUBG, IAC, MAT, NCR, QRVO, VRSN, VRTU

8 Feb 2019- ARNC, CBOE, CLF, COTY, EXC, PSX, RDN

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Week of December 24th Stock Market Watch

Stocks continue to sell off as we head into Christmas and New Year’s. If the situation doesn’t improve, this will be the worst year for stocks since 2008. Over the last week, stocks like Alibaba, Amazon, Facebook, and Unitedhealth fell by more than 10%.

That said, there are a number of reasons to hate this market, they include:

  • The government shutdown
  • Rising interest rates
  • Fears of an economic downturn
  • Loss of confidence in the Federal Reserve Bank
  • Crashing oil prices
  • Uncertainty with Brexit

It’s probably safe to say, there will be on Santa Claus rally this year…

The VIX closed at 30.11 on Friday. Last week we mentioned that when VIX gets above 30 and above, the market is in state of panic. Well, welcome to the panic room.

Here are how some of the most actively traded index ETFs performed over the week: SPDR S&P 500 ETF (SPY) -7.59, iShares Russell 2000 ETF (IWM) -8.70%, SPDR Dow Jones Industrial Average ETF (DIA) -7.18%, Invesco QQQ Trust (QQQ) -8.39%

Here are how some of the most actively traded commodity and interest rate ETFs performed: United States Oil Fund (USO) -11.55%, iShares 20+ Year Treasury Bond (TLT) +1.89%, SPDR Gold Shares (GLD) +1.42%

The markets will be open for a half day on Monday, and closed on Tuesday, for the Christmas holiday.

Economic Releases:
27 Dec 2018- Jobless Claims 8:30 AM ET; New Home Sales 10:00 AM ET

28 Dec 2018- International Trade In Goods 8:30 AM ET; EIA Petroleum Status Report 11:00 AM ET

Key Earnings:
None

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Week of October 29th Stock Watch

Stocks continued to sell-off, as the Dow and S&P 500 turned negative for the year. Fears of rising interest rates, trade tensions with China, and economic slowdown are all weighing down on stocks.

Plenty of earnings going into the week including Apple and Facebook. The market was disappointed by earnings from Amazon and Alphabet, putting pressure on tech stocks.

It wasn’t bad news for every stock. For example, Tesla saw its shares rise by more than 27% after a strong earnings report. On the other hand, chipmaker AMD continued to see selling pressure as it dropped by more than 25% on the week.

The VIX closed above 24, as volatility remains elevated.

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Economic Releases:
29 Oct 2018- Personal Income and Outlays 8:30 AM ET

31 Oct 2018- EIA Petroleum Status Report 10:30 AM ET

1 Nov 2018- Jobless Claims 8:30 AM ET; ISM Manufacturing Index

2 Nov 2018- Employment Situation 8:30 AM ET; International Trade 8:30 AM ET

Key Earnings:
29 Oct 2018- BAH, BLMN, CTB, FDC, HSBC, WFT, YNDX, AKAM, CLR, MDLZ, RMBS, VNO

30 Oct 2018- AET, AMT, CVLT, EAT, GE, HCA, HUN, I, INCY, KO, LL, MA, MAS, MSM, SABR, PFE, UA, VW, WDR, XYL, APC, CAKE, CXO, DDD, EA, EBAY, FB, FEYE, FLT, GNW, H, HLF, MGM, MOBL, MX, YELP, YUMC, ZEN

31 Oct 2018- ADP, APO, BG, CLX, CRTO, GNC, HES, HES, JBT, ICE, HFC, K, S, SAN, TAP, CF, FIT, MUSA, NXPI, QRVO, WMB, XPO, ZNGA

1 Nov 2018- AVP, CI, CS, MSG, OSK, SFM, SSYS, TEVA, UFS, W, ZTS, AAPL, CATM, CBS, CRUS, EQIX, GPRO, KHC, MELI, OLED, PBYI, SBUX, SHAK, VIAV, WTW, WU, X

2 Nov 2018- ABBV, AXL, BABA, CBOE, CVX, NWL, OZM, STX, XOM

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April 29, 2018 The Week Ahead

Stocks closed relatively flat during the week as earnings continue to pour on through. Going into next week traders will be focused on the FOMC meeting and more earnings. Some of the key earnings beats last week included Amazon, Intel, and Microsoft.

Geopolitical risk has gotten lower after news that South Korea and North Korea are in heavy peace talks. That said volatility in the market is also coming in.

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) -0.13%, SPDR S&P 500 ETF (SPY) -0.02%, SPDR Dow Jones Industrial Average ETF (DIA) -0.63%, iShares Russell 2000 ETF (IWM) -0.55%

The VIX dropped during the week, closing at 15.40 on Friday.

graph

Here are how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) -0.15%, iShares 20+ Year Treasury Bond (TLT) +0.36%, SPDR Gold Shares (GLD) -0.89%

Economic Releases:
30 April 2018- Chicago PMI 9:45 AM ET; Pending Home Sales 10:30 AM ET

1 May 2018- Motor Vehicle Sales; PMI Manufacturing 9:45 AM ET; ISM 10:00 AM ET

2 May 2018- EIA Petroleum Status Report 10:30 AM ET; FOMC Meeting Announcement 2:00 PM ET

3 May 2018- International Trade 8:30 AM ET; Jobless Claims 8:30 AM ET

4 May 2018- Employment Situation 8:30 AM ET

Key Earnings:
30 April 2018- AGN, AKS, ARNC, CTB, FDC, MCD, L, MOH, AKAM, IDTI, SBAC, THC

1 May 2018- ADM, AMT, BP, CMI, COMM, CVLT, EMR, ETN, INCY, LLL, MARK, PFE, SHOP, STX, UA, WCG, WDR, ASH, CHRW, DVN, EIX, GILD, JNPR, MDLZ, NCR, NUVA, PAYC, SNAP, WU, ZEN

2 May 2018- ABC, ADP, BG, CLX, CVS, EL, ENR, EXC, GRMN, HFC, HUM, MA, PNW, SSYS, TAP, W, YUM, ZTS, AIG, AWK, ARI, BAND, CERN, CONE, CRUS, DATA, DDD, FEYE, EQIX, HOLX, H, LNC, LOGI, MET, PXD, SQ, VVV, XPO

3 May 2018- APRN, AVP, BCE, BDX, BLL, CAH, CHD, CI, DWDP, GOLF, GPN, ICE, K, PF, SFM, WWE, ANET, ATVI, ALRM, CBS, CYBR, FTNT, GPRO, HLF, OLED, SWKS, ZAYO

4 May 2018- VFC, BNP, AON, CELG, CBOE

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April 22, 2018 The Week Ahead

Stocks were steady during the week, as attention shifts from political headlines to corporate earnings.

Netflix impressed Wall Street with its latest earnings release, shares of the stock price gained more than 5% during the week and is now up more than 70% year-to-date.

Amazon, Facebook and Alphabet are reporting this week, as their results are sure to dictate where the Nasdaq goes next.

With several other important companies reporting this week, the focus gets put back on stocks.

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) +0.58%, SPDR S&P 500 ETF (SPY) +0.55%, SPDR Dow Jones Industrial Average ETF (DIA) +0.37%, iShares Russell 2000 ETF (IWM) +1.04

The VIX dropped during the week, closing at 16.90 on Friday.

graph

Here are how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) +1.48%, iShares 20+ Year Treasury Bond (TLT) -2.02%, SPDR Gold Shares (GLD) -0.64%

Economic Releases:
23 April 2018- PMI Flash 9:40 AM ET, Existing Home Sales 10:00 AM ET

24 April 2018- Case-Schiller 9:00 AM ET, Consumer Confidence 10:00 AM ET, New Home Sales 10:00 AM ET

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

26 April 2018- Durable Goods Orders 8:30 AM ET, International Trade 8:30 AM ET, Jobless Claims

27 April 2018- GDP 8:30 AM ET, Employment Cost Index 8:30 AM ET, Chicago PMI 9:45 AM ET, Consumer Sentiment 10:00 AM ET

Key Earnings:
23 April 2018- ALK, HAL, HAS, KMB, UBS, CDNS, GOOGL, SLM, WHR, ZION

24 April 2018- AMTD, BIIB, CAT, GLW, HBAN, HOG, KO, LMT, LLY, MMM, SHW, SNV, UTX, VZ, WAB, WFT, AMGN, CB, CREE, DLB, EW, ILMN, IRBT, SIX, SVU, TXN, TER, PKG, MKSI

25 April 2018- BA, BSX, CMCSA, DPS, ETR, GD, HES, IR, NDAQ, NOC, ROK, SIRI, TMO, TRVG, TWTR, VIAB, AFL, AMD, CAKE, CMG, DRE, EBAY, F, FB, FFIV, LM, NOW, ORLY, QCOM, T, V, VAR, XLNX

26 April 2018- AAL, ABBV, ALXN, APD, BAX, BEN, BMY, CME, COP, DB, DHI, DNKN, DPZ, GM, GNC, HLT, HSY, IP, ITW, LEA, LUV, MGM, OAK, OSK, PEP, TWX, TX, UNP, UPS, VLO, ZBH, AMZN, CY, DFS, DLR, EXPE, FLEX, HIG, INTC, HUBG, LEG, MAT, MSFT, NOV, PFG, SBUX, SYK, VRSN, WDC, X

27 April 2018- CHTR, CL, COG, CVX, E, IPG, LYB, PSX, XOM

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April 9, 2018 The Week Ahead

Stocks continued to remain under pressure during the week, as fears of a trade war between China escalated.

In addition, tech stocks like Amazon and Facebook continued to slide, as Facebook is now down more than 10% year to date.

Seems like the market has gotten extremely sensitive to headlines. Whether its a tweet from the President or a breaking news story, markets have become a lot more volatile.

What can change the narrative?

Earnings.

Earnings are coming out on Friday, lead by the big banks. If earnings remain strong, a lot of the political and economic headlines will start to take the back seat.

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) -2.19%, SPDR S&P 500 ETF (SPY) -1.30%, SPDR Dow Jones Industrial Average ETF (DIA) -0.94%, iShares Russell 2000 ETF (IWM) -0.97%

The VIX climbed to 21.49, as market uncertainty remains elevated.

graph

Here are how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) -4.43%, iShares 20+ Year Treasury Bond (TLT) -0.66%, SPDR Gold Shares (GLD) +0.48%.

Economic Releases:
10 April 2018- PPI 8:30 AM ET

11 April 2018- Consumer Price Index 8:30 AM ET; EIA Petroleum Status Report 10:30 AM ET; FOMC Minutes

12 April 2018- Jobless Claims 8:30 AM ET

Key Earnings:
10 April 2018- MSM

11 April 2018- BBBY, FAST

12 April 2018- BLK, APOG, VNCE, RAD, OZRK

13 April 2018- C, FRC, INFY, JPM, PNC, WFC

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April 2, 2018 The Week Ahead

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.

graph

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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January 28, 2018 The Week Ahead

The markets continue to steam roll higher as we enter the busiest and most important week of the year. The S&P 500 and Dow are up a stunning 7% ytd, and the NASDAQ is up 8.5%

On Wednesday we’ll get word on whether or not the FOMC is going to raise key interest rates or leave them unchanged. Also, this is a heavy earnings week, with some of the largest publicly traded companies reporting.

Despite the strength in the market, the VIX remained steady, closing at 11.10, just a slight drop from last weeks 11.30 closing.

graph
Source: TradingView

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ): +2.76%; SPDR S&P 500 ETF (SPY): +2.20%, SPDR Dow Jones Industrial Average ETF (DIA): 2.06%; iShares Russell 2000 ETF 0.63%

Here is how some futures and commodity ETFs performed over the week: United States Oil Fund (USO): +4.09%; iShares 20+ Year Treasury Bond (TLT): 0.42%; SPDR Gold Shares (GLD): +1.31%

Below you’ll find what is else is on the schedule for the week: McDonalds, Pfizer, Microsoft, Alphabet, Amazon, Apple, Alibaba, and Exxon.

Economic Releases:
29 Jan 2018- Personal Income and Outlays 8:30 AM ET

31 Jan 2018- EIA Petroleum Status Report 10:30 AM ET; FOMC Meeting Announcement 2:00 PM ET

1 Feb 2018- Jobless Claims 8:30 AM ET; ISM Manufacturing Index 10:00 AM ET

2 Feb 2018- Employment Situation 8:30 AM ET

Key Earnings:
29 Jan 2018- D, LMT, STX, SOHU, ARE, CR, IDTI, PFG, RGA

30 Jan 2018- AKS, ALLY, BEN, DHR, DOV, EAT, GLW, HCA, HOG, MCD, NUE, PCAR, PFE, SAP, TROW, ZBH, CA, EA, JNPR, KNX, NATI, SYK, WRB

31 Jan 2018- ADP, BA, ANTM, BA, DHI, IR, IVZ, JCI, LLY, NDAQ, NYCB, SIRI, TMO, TUP, XRX, CTXS, DRE, EBAY, FB, MDLZ, MET, MSFT, PYPL, QCOM, QRVO, SYMC, T, VRTX, X

1 Feb 2018- BABA, APO, BSX, CME, COP, IP, MCK, MA, MO, R, RL, UPS, VLO, AAPL, AMGN, AMZN, DATA, GOOGL, MAT, MSI, RTEC, V, VIAV, VR, WFT, XL

2 Feb 2018- CHTR, CLX, MRK, PSX, ROP, WY, XOM

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October 29, 2017 The Week Ahead

Nearly all major indices closed the week higher as earnings thus far have been decent. During the week, Amazon, Alphabet and Microsoft all hit all-time highs, as all three impressed the street with its quarterly results.

Some earnings worth watching for the week include: Facebook, Apple, Starbucks, Mastercard, and Alibaba.

The “fear index” closed at 9.80 on Friday; however, it did trade as high as 13 during the week. Outside of earnings, traders will be paying attention to the FOMC, and whether or not they will raise the key interest rate or keep it where it currently is.

graph
Source: TradingView

Here are how some of the most traded ETFs performed over the week: SPDR S&P 500 ETF (SPY) +0.23%, iShares Russell 2000 (IWM) -0.13%, SPDR Dow Jones Industrials Average ETF (DIA) +0.45%, and PowerShares QQQ ETF (QQQ) +1.70%

Here is how some futures/commodity related ETF’s performed over the week: United States Oil Fund (USO) +3.93%, iShares 20+ Year Treasury Bond (TLT) -0.60%, SPDR Gold Shares (GLD) -0.58%

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

Economic Releases:
30 Oct 2017- Personal Income and Outlays 8:30 AM ET

1 Nov 2017- ISM Manufacturing 10:00 AM ET; EIA Petroleum Status Report 10:30 AM ET; FOMC Meeting Announcement 2:00m PM ET

2 Nov 2017- Jobless Claims 8:30 AM ET

3 Nov 2017- Employment Situation 8:30 AM ET; International Trade 8:30 AM ET

Key Earnings:
30 Oct 2017- AMG, CTB, DO, FDC, HSBC, L, ROP, MDLZ, NLS, RE, SANM, SBAC, VNO

31 Oct 2017- ADM, AET, AKS, AMT, BNP, CG, ETN, FIS, GGP, ECL, ETN, FIS, GGP, GEO, HCA, INCY, K, KBR, MA, SHOP, APC, CXO, DDD, EA, FTR, MOBL, QLYS, VOYA, WFT, X

1 Nov 2017- AGN, APO, BDC, BG, CDW, CEVA, CLX, COMM, CTSH, EAT, FL, FLOW, GRMN, LITE, NYT, ORBK, SBGI, SODA, TAP, TEX, VRSK, WTF, ZBH, CAKE, CAVM, CTRIP, FB, FEYE, FIT, FLT, GLUU, GPRO, HUBS, LPSN, MET, MRO, OXY, QCOM, QRVO, QTWO, RIG, SHAK, TSLA, ULTI, VIAV, XPO, YELP, ZAGG, ZEN

2 Nov 2017- ADP, APRN, AN, BABA, AVP, CYBR, DWDP, GOGO, H, ICE, MLM, MSCI, PAH, AAPL, AIG, ANET, ATVI, CRUS, DATA, EVH, FLR, HDP, HLF, JCOM, RDUS, SBUX, STMP, TIVO, UNIT, VECO, WU

3 Nov 2017- BID, MSG, REV, RLGY

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October 22, 2017 The Week Ahead

All major indices closed the week higher as we enter the “meaty” part of earnings season. Despite all the negative press President Trump is attracting, the market doesn’t care.

Some earnings worth watching include: Amazon, BIDU, General Motors, Exxon, Alphabet, and Microsoft to name a few.

The “fear index” closed at 9.97 on Friday, a level in which traders are not shocked by anymore.

graph
Source: TradingView

Here are how some of the most traded ETFs performed over the week: SPDR S&P 500 ETF (SPY) +0.85%, iShares Russell 2000 (IWM) +0.41%, SPDR Dow Jones Industrials Average ETF (DIA) +1.92%, and PowerShares QQQ ETF (QQQ) +0.25%

Here is how some futures/commodity related ETF’s performed over the week: United States Oil Fund (USO) +0.58%, iShares 20+ Year Treasury Bond (TLT) -1.49%, SPDR Gold Shares (GLD) -1.78%

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

Economic Releases:
24 Oct 2017- PMI Composite 9:45 AM ET

25 Oct 2017- Durable Goods 8:30 AM ET; New Home Sales 10:00 AM ET; EIA Petroleum Status Report 10:30 AM ET

26 Oct 2017- International Trade 8:30 AM ET; Jobless Claims 8:30 AM ET

27 Oct 2017- GDP 8:30 AM ET

Key Earnings:
23 Oct 2017- HAL, HAS, KMB, STT, STX, VFC, CR, JBT, OI, WHR, ZION

24 Oct 2017- AMTD, BIIB, CAT, CIT, CVLT, ETR, FITB, GM, INFY, GLW, JBLU, LLY, LMT, MAS, MCD, MMM, NVS, PCAR, PHM, PNR, R, SWK, UTX, WAT, WDR, AKAM, AMD, CMG, COF, DFS, ESRX, IRBT, JNPR, MANH, SFLY, T, TSS, TXN

25 Oct 2017- ALK, ALLY, BA, BAX, BTU, DPS, FCX, GRUB, HES, HBAN, IP, IR, KO, LEA, LH, LYG, NDAQ, NLSN, ABX, AFL, AMGN, CTXS, DLB, DLR, FFIV, FTI, KIM, LSTR, LVS, MC, MLNX, NXPI, ORLY, PKG, TSCO, TYL, XLNX

26 Oct 2017- AAL, ABX, APD, BEN, BMY, BSX, BWA, CELG, CHTR, CMCSA, CME, COP, DB, DNKN, ENTG, EQT, GEC, F, HLT, HSY, I, IDCC, IVZ, LAZ, LUV, MDP, MMC, MKC, NEM, NOK, OAK, PENN, POT, PX, RS, RTN, SPGI, TWTR, UNP, UPS, USG, VC, AMZN, BIDU, CDNS, DECK, CY, EXPE, FLEX, FTNT, GILD, GOOG, HIG, HUBG, KLAC, LPLA, MAT, MSFT, NATI, NOV, SAM, TRMB, VDSI, WDC

27 Oct 2017- B, CL, CVX, GT, LYB, MRK, PSX, RBS, SC, SHPG, TEN, TRU, UBS, WY, XOM

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