Dashboard – October 19 – 23, 2015

 

 

 

 

 

SELECTIONS

MONDAY:   A very big week in earnings starts off with a big miss at a major bank, nearly 7% growth in China and the FOMC watching before next week’s meeting.

TUESDAY:   Earnings are staring to pour in, but the market is continuing to trade around the flat line. A little period of building a base wouldn’t be the worst thing for this market that isn’t exactly certain of what it wants to do or where it wants to go.

WEDNESDAY:  Lots more earnings, but not much reaction. Most of the attention is being paid to a rash of buy-outs and take-overs, as the market seems to be awaiting the affirmation from the FOMC that they won’t likely raise rates until 2016. A really strong retail season and some real upward movement in GDP could change that, though.

THURSDAY:  More earnings and more “I don’t care” kind of reaction, as individual names continue to be more likely to beat on earnings, but miss on revenue. That story is getting old, but individual names are still selectively being harshly punished if missing on earnings.

FRIDAY:. After yesterday’s surprising surge, probably fueled by the ECB’s suggestion that QE would continue, comes great earnings from some big boys and the announcement of a Chinese rate cut.  Result? Markets are surging again in the pre-open futures to end the week.

 

 

 

 

 



 

                                                                                                                                           

Today's TradesCash-o-Meter

 

 

 





 “SNEAK PEEK AT NEXT WEEK” APPEARS ON FRIDAYS

Sneak PeekPie Chart Distribution

 

 

 

 

 

 

 

Weekly Summary

  

Dashboard – October 12 – 16, 2015

 

 

 

 

 

SELECTIONS

MONDAY:   Earnings get under way this week with banks reporting, but they don’t usually portend what the rest of the economy is really experiencing. The Retail Sales Report this week may tell more.

TUESDAY:   Significant earnings reports begin this morning and then after today’s close and may help us get closer to an understanding of what the FOMC is considering as their own meeting draws near, as does 2016.

WEDNESDAY:  A break in the consecutive streak higher was our fate yesterday and the very earliest in earnings are not yet giving a reason to begin a new leg higher.

THURSDAY:  There wasn’t too much reason for yesterday’s sell-off and in following the typical script, today there is an early attempt to recover, but a tepid one, as had been the case prior to the recent 10 day run up higher.

FRIDAY:. After yesterday’s very unexpected 200 point gain, it looks as if the market may want to take a pause to end the week and the 2015 October option cycle

 

 

 

 

 



 

                                                                                                                                           

Today's TradesCash-o-Meter

 

 

 





 “SNEAK PEEK AT NEXT WEEK” APPEARS ON FRIDAYS

Sneak PeekPie Chart Distribution

 

 

 

 

 

 

 

Weekly Summary

  

Dashboard – October 5 – 9, 2015

 

 

 

 

 

SELECTIONS

MONDAY:   This week will be a slow one for economic news, although FOMC minutes are to be released on Thursday. Otherwise, the week looks as if it will begin where it left off, as earnings season gets ready to begin anew later in the week.

TUESDAY:   After a huge and hugely unexpected move higher yesterday, the market is giving a little back this morning as the futures are trading lower. Last week’s pattern was large move, day off, large move – so we’ll see if that continues, as the news to create waves is sparse for most of this week.

WEDNESDAY:  Yesterday turned out to be a day off for markets, but this morning’s futures may be pointing toward returning to a path higher as improving energy prices have become a factor in moving markets higher, rather than lower

THURSDAY:  Yesterday broke a recent pattern and saw the market move higher. Today, if that recent pattern gets back on track should be a relatively quiet day as Friday’s have  lately been very big movers to end the week, just as Monday’s have lately been very big movers to begin past weeks.

FRIDAY:. The market has been astonishingly strong since hitting it’s mid-morning lows after last Friday’s Employment Situation Report, having seen the S&P 500 rise more than 6%. Past weeks have ended the week with strong moves on Friday, sometimes up and sometimes down, but today looks as if it may be a sedate ending to the week.

 

 

 

 

 



 

                                                                                                                                           

Today's TradesCash-o-Meter

 

 

 





 “SNEAK PEEK AT NEXT WEEK” APPEARS ON FRIDAYS

Sneak PeekPie Chart Distribution

 

 

 

 

 

 

 

Weekly Summary

  

Dashboard – September 28 – October 2, 2015

 

 

 

 

 

SELECTIONS

MONDAY:   The week ends with the Employment Situation Report and will have lots of Federal Reserve Governors weighing in before that. But to begin the week, the market is continuing where Friday left off, if you take out the performance of just a single stock, Nike. We’re heading down until there comes some good economic news to change minds about how we now feel.

TUESDAY:   If you were looking for a meaningful bounce this morning, keep looking, as even the pathetic attempt lost ground as the morning’s futures drew closer to the opening bell.

WEDNESDAY:  A decent mid-week advance is in the works after some overnight strength in Asia, but still not enough at its current level to wipe out Monday’s loss. But it’s a start, at least

THURSDAY: The morning after has typically been a different story, for better or worse. This morning the direction isn’t clear, as the S&P 500 sits just barely in correction territory, continuing to straddle that line

FRIDAY:. A very disappointing Employment SItuation Report is sending the market much lower as data isn’t backing up increasing FOMC rhetoric about the justification for an impending interest rate increase

 

 

 

 

 



 

                                                                                                                                           

Today's TradesCash-o-Meter

 

 

 





 “SNEAK PEEK AT NEXT WEEK” APPEARS ON FRIDAYS

Sneak PeekPie Chart Distribution

 

 

 

 

 

 

 

Weekly Summary

  

Dashboard – September 21 – 24, 2015

 

 

 

 

 

SELECTIONS

MONDAY:   With the disappointing end to last week as a backdrop, it’s likely that even more attention is going to be paid to economic reports, such as this week’s GDP and more on earnings as they begin again if a few weeks. Otherwise, there’s not much to think about as a small rebound may be in the making this morning.

TUESDAY:   There isn’t really too much reason for this morning’s sharp decline in the futures trading, other than it being a continuation of the disappointment that the economy may not be healthy enough to justify an interest rate increase. Friday’s GDP may be more important than usual as long as an October increase is still on the table

WEDNESDAY:  After yesterday’s plunge, which showed that Monday’s bounce was no more than a bounce, this morning’ futures are again flat as Asia was once again very weak. The only good news in sight could have to wait until Friday’s GDP is released.

THURSDAY:  More large losses appear to be in store this morning as maybe only tomorrow’s GDP data may be able to stem the recent tide, but only if they show some real economic growth.

FRIDAY:. The market is continuing yesterday’s late day recovery with a nice advance in the futures prior to this morning’s GDP release which could really send stocks soaring if the number is strong, as that would possibly provide some justification for a rate increase.

 

 

 

 

 



 

                                                                                                                                           

Today's TradesCash-o-Meter

 

 

 





 “SNEAK PEEK AT NEXT WEEK” APPEARS ON FRIDAYS

Sneak PeekPie Chart Distribution

 

 

 

 

 

 

 

Weekly Summary