Week of December 10th Stock Market Watch

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Stocks suffered significant losses over the week, as market sentiment turns bearish. The Nasdaq fell by more than 4%, the S&P 500 and Dow each lost more than 3.5% on the week. Among the losers included: Bank of America -9.3%, Apple -6.1%, Ulta Beauty -15.2%, and Square -13.05%.

The trade war between the U.S. and China, and the fear of more interest rate hikes are some of the reasons why stocks have been selling off.

However, it comes after Fed President Jerome Powell publicly saying that interest rates are just below neutral, and China and the U.S. announcing a temporary trade truce. That said, with the yield curve flattening, traders can expect to see more volatility.

The VIX closed at 23.23 on Friday.

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In commodity news, OPEC announced that it would be cutting oil production, a move that should keep prices stable after declining to nearly $50 per barrel.

Here are how some of the most actively traded commodity and interest rate ETFs performed: United States Oil Fund (USO) +2.21%, iShares 20+ Year Treasury Bond (TLT) +3.05%. SPDR Gold Shares (GLD) +2.03%

Economic Releases:
11 Dec 2018- PPI-FD 8:30 AM ET

12 Dec 2018- CPI 8:30 AM ET; EIA Petroleum Status Report 10:30 AM ET

13 Dec 2018- Jobless Claims 8:30 AM ET

14 Dec 2018- Retail Sales 8:30 AM ET; Industrial Production 9:15 AM ET

Key Earnings:
10 Dec 2018- SFIX, ASNA, CASY, SEAC

11 Dec 2018- DSW, FRAN, AEO, PLAY, PWOL, PVTL

12 Dec 2018- PLAB, VRA, TLRD, NCS, OXM

13 Dec 2018- CIEN, FRED, VNCE, ADBE, COST, LRAD

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October 1, 2018 The Week Ahead

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Stocks closed mixed on Friday; however, it was an end to a strong quarter as the S&P 500 gained more than 7%, one of its largest gains over the last 5 years. Trade negotiations between the U.S. and China continue to be a big story as the threat of more tariffs could hurt the market.

Individual stock stories that dominated the headlines included Tesla -11.48%, Intel +1.35%, Tilray +16.7%, and Square +16%

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) +1.13%, SPDR S&P 500 ETF (SPY) -0.43%, SPDR Dow Jones Industrial Average ETF (DIA) -1.02%, iShares Russell 2000 ETF (IWM) -1.09%

The VIX closed at 12.12 on Friday, a small rise from last week.

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Here are how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) +3.74%, iShares 20+ Year Treasury Bond (TLT) +0.15%, SPDR Gold Shares (GLD) -0.64%

Economic Releases:
1 Oct 2018- ISM Mfg Index 10:00 AM ET

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

4 Oct 2018- Jobless Claims 8:30 AM ET

5 Oct 2018- Employment Situation 8:30 AM ET; International Trade 8:30 AM ET

Key Earnings:
1 Oct 2018- SFIX, CALM

2 Oct 2018- LW, PAYX, PEP

3 Oct 2018- AYI, LEN, RPM, PIR

4 Oct 2018- STZ, COST, SGH

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