August 13, 2018 The Week Ahead

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Stocks were mixed during the week as geopolitics grabbed the headlines. Concerns over further escalating tariffs and the ongoing currency crisis in Turkey were among the top stories of the week. Interestingly, gold did not rally off any of these events despite it being viewed as a safe haven investment.

The number of earnings releases are starting slow down and there isn’t much on the economic schedule this week.

Stocks in play during the week included: NWL -21.6%, MTCH +34.16%, KORS +13.12%, ROKU +24.92%, and TM -5.38%

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) +0.24%, SPDR S&P 500 ETF (SPY) -0.16%, SPDR Dow Jones Industrial Average ETF (DIA) -0.43%, iShares Russell 2000 ETF (IWM) +0.69%

The VIX closed at 13.20 on Friday.

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Here are how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) -1.33%, iShares 20+ Year Treasury Bond (TLT) +1.21%, SPDR Gold Shares (GLD) -0.20%

Economic Releases:
15 Aug 2018- Retail Sales 8:30 AM ET; Industrial Production 9:15 AM ET; EIA Petroleum Status Report 10:30 AM ET

16 Aug 2018- Housing Starts 8:30 AM ET; Jobless Claims 8:30 AM ET; Philly Fed Survey 8:30 AM ET

Key Earnings:
13 Aug 2018- SYY, SWCH, EQH

14 Aug 2018- AAP, CDK, EAT, HD, A, MYGN, VIAV, WYY

15 Aug 2018- LXFT, M, CSCO, NTAP

16 Aug 2018- JCP, JD, MSG, WMT, AMAT, JWN, NVDA, VNET, ZOES

17 Aug 2018- DE

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December 29, 2015 Market Wrap Up

The S&P 500 is up over 1% over the last two days on relatively low volume. With that said, we’ve got just two more trading days till the year is over. Will all three major indices finish positive? At the moment, NASDAQ and the S&P 500 are both positive. However, the Dow Jones Industrial Average (DJI) is still down slightly.

The VIX continues to see a big sell off, it’s now trading around 16 and was down about 5% on the day.

Oil names caught a small bounce, the United States Oil Fund (USO) was up nearly 2% after the API Inventory numbers came out in the after hours.

Stocks in play today included: Sunedison (SUNE) -9%, FXCM +26%, and Amazon (AMZN) +2.8%.

On the options front, we saw large call buying activity in Newell Rubbermaid Inc. (NWL). We also saw aggressive put buying in Ultra Petroleum Corp (UPL).

As mentioned earlier this week, there isn’t much going on data wise.

Key Economic Data:
31 December 2015- Jobless Claims 8:30 AM ET