January 26, 2017 Market Wrap Up

January 26, 2017 tvcuser Education, Trading Dow Jones, Earnings, GLD, GOOG, JNPR, LLL, LUV, NASDAQ, NTRI, Russell 2000, S&P 500, SBUX, TLT, USO, VIX, WYNN, YUM

The markets closed the day relatively mixed. The S&P 500, Dow, and Russell 2000 closed negative. While the Dow Jones Industrials and the Nasdaq closed the day up. We finally saw Dow 20k the other day.

Some strong earnings performers included: Wynn Resorts (WYNN), Southwest Airlines (LUV), and L3 Technologies (LLL)

Some weak earnings performers included: Alphabet (GOOG), Starbucks (SBUX), and Juniper Networks (JNPR)

The VIX continues to move lower, it closed at 10.63, down nearly 2% on the day.

Now, here is how some of the other closely followed ETFs did on the week: United States Oil Fund (USO) +1.95%, iShares 20+ Year Treasury Bond (TLT) +0.34%, SPDR Gold Shares (GLD) -0.93%.

On the options front, we saw large call buying activity in YUM China Holdings (YUMC), which traded 26.3 times normal option volume. In addition, we saw heavy put buying in NutriSystem Inc. (NTRI), which traded 17.6 times normal option volume.

Here is what is left for tomorrow:

Key Earnings Release Dates:
27 Jan 2017- ABBV, APD, BEN, CL, CVX, HON, UBS

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April 12, 2016 Market Wrap Up

April 12, 2016 tvcuser Education, Trading BXP, CHK, Crude Oil, Data, Earnings, Economic, JNPR, SDRL, SYNA, USO, VIX

The market had a nice bounce after yesterday’s sell off. In fact, we’re not too far off most recent highs. With that said, earnings have kicked off and much of the focus will be on that over the next several weeks.

The VIX sold off nearly 9%, closing the day at 14.85.

One of the sectors on fire was energy. The United States Oil Fund (USO) was up over 2.5%, closing the day at 10.64. Crude Oil is closed above $41 per barrel, sitting around 3 month highs.

On the options front, we saw large call buying activity in Synaptics, Incorporated (SYNA). In addition, we saw heavy put buying in Boston Properties, Inc. (BXP), which saw 8.7 times usual options volume.

Stocks in play included: Chesapeake Energy (CHK) +33%, Juniper Networks (JNPR) -7%, Seadrill (SDRL) +22%, and Horizon Pharma (HZNP) (-25%)

As mentioned, earnings season is going to start picking up some steam. Here’s what is on tap for tomorrow and the rest of the week.

Key Economic Data:
13 April 2016- Retail Sales 8:30 AM ET, PPI-FD 8:30 AM ET, EIA Petroleum Status Report 10:30 AM ET
14 April 2016- Consumer Price Index 8:30 AM ET, Jobless Claims 8:30 AM ET
15 April 2016- Industrial Production 9:15 AM ET

Key Earnings:
13 April 2016- JPM, PIR
14 April 2016- BAC, BLK, DAL, PGR, TSM, WFC, AMD, CHKE
15 April 2016- C, RF, SCHW