January 14, 2018 The Week Ahead

January 14, 2018 tvcuser Education, Trading American Airlines, American Express, Citigroup, DIA, GLD, Goldman Sachs, IBM, IWM, Martin Luther King Jr. Day, QQQ, S&P 500, SPY, TLT, USO, VIX

The markets continue to grind higher as we now enter earnings season. We’ve seen a record close 8 out of the last 9 sessions, with 161 out of the S&P 500 stocks closing at 52-week highs on Friday.

The energy sector has been also picking up steam. The United States Oil Fund (USO) is up more than 7% in 2018.

Despite a record close, the VIX closed at 10.20 on Friday, a rise of more than 10% from the previous week.

graph
Source: TradingView

Looking forward to the week, here are some of the key earnings names to watch: Citigroup, Goldman Sachs, IBM, American Express, and American Airlines.

Here is how some of the most popularly traded index ETFs performed over the week: SPDR S&P 500 ETF (SPY) +1.65%, iShares Russell 2000 (IWM) +2.18%, SPDR Dow Jones Industrials Average ETF (DIA) +2.05%, and PowerShares QQQ ETF (QQQ) +1.59%

Here is how some futures and commodity ETF’s performed over the week: United States Oil Fund (USO) +4.54%, iShares 20+ Year Treasury Bond (TLT) -0.95%, SPDR Gold Shares (GLD) +1.30%.

The markets are closed on Friday in observance of Martin Luther King Jr. Day.

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

Economic Releases:
17 Jan 2018- Industrial Production 9:15 AM ET
18 Jan 2018- Housing Starts 8:30 AM ET; Jobless Claims 8:30 AM ET; Philly Fed Survey 8:30 AM ET; EIA Petroleum Status Report 11:00 AM ET

Key Earnings:
16 Jan 2018- C, CMA, ADTN, OZRK, UNH, CSX, IBKR
17 Jan 2018- ASML, BAC, GS, FAST, SCHW, USB, AA, BHP, PTC, SLM
18 Jan 2018- BK, JBHT, KEY, MS, TSM, AXP, CP, IBM, MLNX, PBCT
19 Jan 2018- FHN, KSU, RF, SLB, SYF

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April 9, 2017 Market Wrap Up

April 9, 2017 tvcuser Education, Trading Citigroup, DIA, GLD, IWM, JPMorgan Chase, QQQ, SPY, TLT, USO, VIX, Wells Fargo

Most major indices sold off a little bit over the week, however; given the political headwinds (US launching missiles against Syria) it was a rather slow week of trading. Here are how some of the most popular ETF Indices performed: SPDR S&P 500 ETF (SPY) -0.23%, iShares Russell 2000 (IWM) -1.43%, SPDR Dow Jones Industrials Average ETF (DIA) +0.02%, and PowerShares QQQ ETF (QQQ) -0.31%

The VIX did move higher on the week, closing at 12.87, a rise of 1.34 points from the previous Friday close.

ETF Performers: United States Oil Fund (USO) +3.01%, iShares 20+ Year Treasury Bond (TLT) +0.21%, SPDR Gold Shares (GLD) +0.62%.

The markets will be closed on Friday, in observance of Good Friday. However, earnings kick off on Thursday, which could bring some volatility into the markets. Companies that will be announcing on Thursday include the likes of Citigroup, JPMorgan Chase, and Wells Fargo.

Outside of that, this shortened week could be slow, with potential outliers coming from political and geopolitical headlines.

Check out the dates below for a detailed look at the weekly schedule.

Key Economic Data:
12 April 2017- EIA Petroleum Status 10:30 AM ET
13 April 2017- Jobless Claims 8:30 AM ET; PPI 8:30 AM ET
14 April 2017- Consumer Price Index 8:30 AM ET; Retail Sales 8:30 AM

Key Earnings:
11 April 2017- OZRK
12 April 2017- FAST, PIR
13 April 2017- APOG, C, JPM, WFC

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