Dashboard – August 3 – 7, 2015

 

 

 

 

 

SELECTIONS

MONDAY:   August looks as if it’s going to begin in a quiet kind of way, as earnings begin to slow down, although Retail is yet to come.

TUESDAY:   Remember how yesterday was giving indications of starting the week off quietly? This morning it looks to be the same, but with a negative bias, so basically that means nothing of any value.

WEDNESDAY:  The early pre-open futures trading added to its already nice gains as the ADP Employment Report was disappointing, suggesting that the market is still in a “bad news is good news” mentality

THURSDAY:  It’s hard to characterize this week, but consistency isn’t one of the characteristics that should be used. This morning again looks to be a flat open ahead of tomorrow’s Employment Situation Report

FRIDAY:. Any deviation from what’s expected in this morning’s Employment Situation Report will tell us whether the market has a “bad news is good news” mindset or whether it sees news for what it really is. The latter would make each week a little easier to navigate for a change.

 

 

 

 

 



 

                                                                                                                                           

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Weekly Summary

  

Dashboard – July 20 – 24, 2015

 

 

 

 

 

SELECTIONS

MONDAY:   There’s not much in the way of economic news this week, but there will be a flood of earnings coming, as the week looks as if it may get off to a sleepy start

TUESDAY:   Earnings will predominate this week, unless something very unexpected will occur. Meanwhile the week will likely be a very quiet one as this morning’s futures are pairing off against yesterday’s very mild gains, weighed down by some disappointing earnings from DJIA comp[onents.

WEDNESDAY:  Yesterday’s lsses were magnified by large moves in some DJIA components and not really reflected as much in the S&P 500 and NASDAQ. This morning it looks as if the DJIA will be a bit better off, despite  some weakness from one of its components, Microsoft, as Apple’s sharp decline adds a double dose decline to the NASDAQ 100 along with Microsft.

THURSDAY:  After a couple of days of disappointing earnings, yesterday evening and this morning may be getting back on track, although the  market appears as if it will have a quiet start to the day.

FRIDAY:. WIth earnings out of the way following this morning’s release, the futures are nearly asleep, but this has been a week of surprises that haven’t been seen by those early morning traders.

 

 

 

 

 



 

                                                                                                                                           

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Weekly Summary

  

Dashboard – July 13 – 17, 2015

 

 

 

 

 

SELECTIONS

MONDAY:   This week starts off with an agreement on Greece’s debt and without any further Chinese stock market melt down or melt up. Although given the continued strength of the Chinese market nicely higher this morning, you mght have expected a little more than 120 points higher on the DJIA futures

TUESDAY:   Initial earnings reported from the financial sector are looking positive, as earnings season really gets underway, but as the futures are taking a break from yesterday’s strong gain that was probably fueled by a deal on Greek debt relief

WEDNESDAY:  Looks like a quiet morning leading up to the beginning of Janet Yellen’s 2 days of Congressional testimony and answering questions of those grandstanding while  looking to make points back home and get sound bites for their next election campaigns

THURSDAY:  Yesterday was almost like a day off, with not even Yellen’s Humphrey-Hawkins Congressional testimony able to get things exciting. This morning the futures are pointing to a positive open along the lines of Tuesday and inching back toward record highs

FRIDAY:. It looks as if the week may want to come to a quiet end as the best week in a long time gets ready to come to a close, as does the July 2015 option cycle

 

 

 

 

 



 

                                                                                                                                           

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 “SNEAK PEEK AT NEXT WEEK” APPEARS ON FRIDAYS

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Weekly Summary

  

Dashboard – July 6 – 10, 2015

 

 

 

 

 

SELECTIONS

MONDAY:   Just another manic Monday, but not as bad as the overnight futures were pointing, although that was the case last Monday, as well. Today begins the next part of the story as Greece is risking an EU exit after yesterday’s referendum vote.

TUESDAY:   Yesterday could have been far worse of a day, so there’s some optimism that we will get through the Greek debt crisis, regardless of where the road may take the EU. Today is shaping up to start with a mildly positive open, with only the JOLTS Report to offer any economic insight

WEDNESDAY:  After yesterday’s very impresive reversal comes the reality that manipulation of markets doesn’t work very well, as the sell-off seen in China was only delayed by a day or so and spreading elsewhere, including the US. While our futures are down triple digits, they are better than they had been earlier, which has been a theme of these recent large pre-open declines.

THURSDAY:  Four steps forward and 3 steps backward isn’t that bad. This morning futures trading is an attempt to catch up with the steps taken backwward, which has left the S&P 500 at aboput a 4.5% decline from the highs and within 3 points of a support level.

FRIDAY:. We lost most of yesterdy’s gain related to the CHinese market’s surgeing bounce, but today there’s another opportunity to maybe close out the week on an up note

 

 

 

 

 



 

                                                                                                                                           

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 “SNEAK PEEK AT NEXT WEEK” APPEARS ON FRIDAYS

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Weekly Summary

  

Dashboard – June 29 – July 2, 2015

 

 

 

 

 

SELECTIONS

MONDAY:   Although the pre-opening futures aren’t as bad this morning as they were yesterday evening as the Greek debt crisis will be coming to a head, it will be a day to strap on, as the opening day of a shortened week isn’t looking very welcoming

TUESDAY:   It will take an awfully big bounce to make up for yesterday’s 350 point loss. The pre-opening futures are making an attempt, as today is the day that Greece must decide whether to come to an agreement with its lenders, although the story could start anew next month as more money is due.

WEDNESDAY:  So Greece is now in default, but maybe a deal can be made? At least that’s what may be lifting the market this morning, but if the futures gains do hold, as yesterday’s didn’t, it’s still a long way from voiding Monday’s plummet.

THURSDAY:  The pre-open futuers are quiet ahead of this week’s early Employment Situation Report, as the real excitement may not begin until Monday, when the results of the Greek referendum become known.

FRIDAY:. Have a Happy and Safe FOurth of July

 

 

 

 

 



 

                                                                                                                                           

Today's TradesCash-o-Meter

 

 

 





 “SNEAK PEEK AT NEXT WEEK” APPEARS ON FRIDAYS

Sneak PeekPie Chart Distribution

 

 

 

 

 

 

 

Weekly Summary