October 30, 2016 The Week Ahead

The S&P 500 finished the week on a four day losing streak. This sets the stage for another busy earnings week along with the November FOMC Meeting. Not to mention, the US Presidential debate coming down the stretch (in less than 2 weeks). On Friday, the markets started to sell off after a report came out that the FBI was going to reopen an investigation on Presidential Candidate Hillary Clinton.

The VIX has surged more than 20% since the previous Friday’s close and is now above 16.

Crude oil futures price sold off more than 4% on the week, closing below $50 and now roughly 6% off the 52-week highs. Moving on, gold futures prices rose .78% and T-Bond futures prices sold off more than 1.5% on the week.

Earnings will be heavy again, some key names to watch include: Gilead Sciences, Qualcomm, Starbucks, and Time Warner Cable.

Here is what else is on the schedule for the upcoming week:

Key Economic Data:
31 Oct 2016- Personal Income and Outlays 8:30 AM ET
1 Nov 2016- ISM Mfg Index 10:00 AM ET
2 Nov 2016- EIA Petroleum Status Report 10:30 AM ET, FOMC Meeting Announcement 2:00 PM ET
3 Nov 2016- Jobless Claims 8:30 AM ET
4 Nov 2016- Employment Situation 8:30 AM ET; International Trade 8:30 AM ET

Key Earnings:
31 Oct 2016- BSFT, CAH, CTB, DO, L, LL, LPX, MCY, WMB, ZBH, APC, DK, ENH, IDTI, NLS, RAIL, RYAM, TEX, THC, TSO, VNO

1 Nov 2016- ADM, BP, CMI, COH, DISCA, EMR, ETN, FIS, ICE, IRM, K, KBR, MOS, OXY, PFE, SHPG, TAP, UBS, CAVM, CERN, DATA, DNB, DVN, DXCM, DYN, EA, EIX, ETSTY, FIVN, FTR, GILD, HLF, ILMN, LOCK, MTW, MYGN, PXD, SBAC, TSRA, WBMD, WU, X, ZEN, ZG

2 Nov 2016- ABC, ADP, AGN, BABA, BG, CRL, EL, FLOW, FUN, HST, KATE, NBL, NYT, ODP, SHOP, TWX, VMC, VOYA, VSI, ZTS, AIG, CLR, DVA, CTL, FB, FIT, FNF, FOX, G, GDDY, HOLX, HUBS, IAC, IL, LPLA, MET, MRO, PAA, QCOM, QTWO, RIG, TROX, TTWO, WFM, ZNGA

3 Nov 2016- AMAG, AMCX, APA, AVP, BLL, CHK, COMM, CS, CYBR, DDD, DNR, FIG, GOGO, H, HAR, LAMR, LDOS, LNG, LVLT, PNW, RGEN, SFM, SMG, TIME, AGO, ATVI, CBS, CSOD, FEYE, FLR, FOSL, GPRO, IMPV, INVN, KHC, LGF, LVS, MHK, MSI, NUS, OLED, SBUX, SWKS, SYMC, TIVO,TWLO, UBNT, WTW

4 Nov 2016- DUK, HUM, MSG, NRG, REGN, REV, RLGY, WLTW

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November 1, 2015 The Week Ahead

The S&P 500 finished the week relatively flat, however; it finished the month nearly 7% higher. In fact, the SPDR S&P 500 (SPY) is less 2% off the all-time highs.

With that said, the VIX closed around 15, a signal that there isn’t much fear in the market at the moment.

The United States Oil Fund (USO) was up nearly 4% on the week, and flat for the month. We continue to see a divergence between the energy and equity markets.

On the earnings front we’ll see releases out of the likes of Disney, Facebook, Qualcomm, and Ralph Lauren to name a few.

Key Economic Data:
2 November 2015- ISM Manufacturing Index 10:00 AM ET
4 November 2015- International Trade 8:30 AM ET
5 November 2015- Jobless Claims 8:30 AM ET
6 November 2015- Employment Situation 8:30 AM ET
30 October 2015- Personal Income 8:30 AM ET

Key Earnings:
2 November 2015- CLX, CTB, D, DO, EL, L, KBR, NBL, V, SYY, AIG, CAR
3 November 2015- DISCA, MOS, ZTS, TASR, SALE, EMR, ATVI, CBS, GRPN, X, ZNGA, HLF
4 November 2015- AGN, AVP, KORS, TWX, WEN, CF, FEYE, FB, QCOM, RIG, MRO, HOLX
5 November 2015- AMCX, AZN, CELG, COTY, DUK, GOGO, HFC, KATE, RL, TAP, ANET, CYBR, DATA, DIS, DWA, GLUU, NUS, SWKS, TRIP, WTW
6 November 2015- HUM, HZNP