Week of November 12th Stock Market Watch

All three major stock indices post gains this week, led by the Dow Jones Industrials which closed more than 3% higher. IBM, UnitedHealth Group Incorporated, and McDonald’s were among the strongest stocks in the Dow.

Despite the second straight week of gains posted by the market, it closed down on Friday, as concerns of a global economic slowdown re-emerged. Adding to concerns are declining oil prices, they’ve dropped by 15% over the last month.

That said, a lot of uncertainty surrounding the market was cleared up, including the midterm elections and the FOMC meeting. Also, many of the top companies have announced earnings.

Stocks making moves last week included Hertz +31.5%, Twilio +24%, Ctrip.com -25%, and Activision Blizzard -20%.

The VIX closed below 20 for the second straight week, as it finished Friday’s trading at 17.36.

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Here are how some of the most actively traded commodity and interest rate ETFs performed: United States Oil Fund (USO) -4.58%, iShares 20+ Year Treasury Bond (TLT) +1.2%. SPDR Gold Shares (GLD) -1.86%

Economic Releases:
14 Nov 2018- CPI 8:30 AM ET

15 Nov 2018- Jobless Claims 8:30 AM ET; Philadelphia Fed Business Outlook Survey 8:30 AM ET; Retail Sales 8:30 AM ET; EIA Petroleum Status Report 11:00 AM ET

16 Nov 2018- Industrial Production 9:15 AM ET

Key Earnings:
12 Nov 2018- ACM, ATHN, ATHM, TDW

13 Nov 2018- AAP, ARMK, BZH, GDS, HD, TSN, VOD, SWCH, VREX, WIX

14 Nov 2018- APRN, M, MRK, TCHEY, CSCO, NTAP, NTES, WYY

15 Nov 2018- AMAT, JWN, NVDA, POST, CSIQ, JCP, MANU, WMT

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July 16, 2018 The Week Ahead

Many media outlets would like you to believe that the President’s economic policies have been a disaster to date. Despite worries of inflation rising and potential trade wars with China, the Nasdaq hit all-time highs and the S&P 500 hit its highest price level in 5 months.

Focus will now turn to earnings as several large caps report, companies like Microsoft, Johnson & Johnson, and Bank of America. Other notable earnings include: Netflix, American Express, IBM, Goldman Sachs, Ebay, and UnitedHealth Group Incorporated.

Stocks in play last week included: FAST +14.6%, IQ +13.5%, AVGO -18.3%, LB -13.6%

Here are how some of the most widely traded index ETFs performed over the week:
Powershares QQQ ETF (QQQ) +2.28%, SPDR S&P 500 ETF (SPY) +1.51%, SPDR Dow Jones Industrial Average ETF (DIA) +2.29%, iShares Russell 2000 ETF (IWM) -0.49%

The VIX declined sharply, closing at 12.18 on Friday.

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Here are how some futures and commodity ETFs performed over the week: United States Oil Fund (USO) -3.28%, iShares 20+ Year Treasury Bond (TLT) -0.02%, SPDR Gold Shares (GLD) -1.05%

Economic Releases:
16 July 2018- Retail Sales 8:30 AM ET

17 July 2018- Industrial Production 9:15 AM ET

18 July 2018- Housing Starts 8:30 AM ET

19 July 2018- Jobless Claims 8:30 AM ET; Philly Fed Business Survey 8:30 AM ET

Key Earnings:
16 July 2018- ACI, BAC, BLK, JBHT, LUB, NFLX, RIO

17 July 2018- CMA, GS, JNJ, PGR, SCHW, UNH, BHP, CSX, IBKR, MLNX, UAL

18 July 2018- ABT, ASML, GWW, MS, NVS, NTRS, TXT, USB, AXP, AA, CCI, CCK, CP, EBAY, IBM, SLG, URI8

19 July 2018- BBT, BK, BX, DHR, DPZ, FITB, GPC, KEY, NUE, PM, PPG, RPM, SAP, SON, TRV, TSM, UN, UNP, WBC, CE, COF, ETFC, ISRG, MSFT, PBCT, SWKS

20 July 2018- BHGE, CFG, CLF, GE, GNTX, HON, KSU, RF, SWK, VFC, SLB, MAN

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