Dashboard – June 23 – 27, 2014

 

 

 

 

 

Selections

MONDAY:  Seems like new week will get off to a quiet start as we have a relative break between now and the start of another earnings season in about 2 weeks

TUESDAY:     Little reason to expect much activity today, but it couldn’t possibl;y be any less than yesterday. Nothing appearing on the horizon to shake things up as the morning is taking form

WEDNESDAY:  More GDP concerns and more questions about how the economy could possibly have been growing with a -2.9% GDP for Q1. Assuming that the market reflected fantsasy numbers will reality be an unwelcome next event?

THURSDAY:    Yesterday was a day marked by government intervention, withness SBGI, IRM and the oil refiners. That’s not an enduring theme so it’s anyone’s guess what may set the tone for today and the rest of the week.

FRIDAY:  Looking like a negative ending to a mediocre and rudderless week

 



                                                                                                                                           

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Weekly Summary

  

Dashboard – June 16 – 20, 2014

 

 

 

 

 

Selections

MONDAY:   Market not seeming to begin the week in reaction to events in Iraq over the weekend. Busy week including FOMC, Yellen press conference and quadruple witching.

TUESDAY:     Today may be another quiet day but talk may heat about about tomorrow’s FOMC as a $5 billion dollar piece of the taper comes into focus

WEDNESDAY:  Looks as if much will be on hold until 2 PM today and then anything goes once the press conference begins. Market looking for any reason to do anything, whether rational reason or otherwiise.

THURSDAY:    Now comes the waiting, as Janet Yellen gave the market a little boost at just the right time if your eyes are on options expirations.

FRIDAY:  Quadruple Witching appears to be sedate and will hopefully end the week on that noe.

 

 



                                                                                                                                           

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Dashboard – June 9 – 13, 2014

 

 

 

 

 

Selections

MONDAY:   The split Apple begins trading today and little else is set to characterize this coming week which begins at another new high.

TUESDAY:     Another seemingly quiet day in a week of little expected news or events.While not necessarily seeing reason to be shy about opening new positions there isn’t much reason to be excited, either.

WEDNESDAY:  Something unusual this morning – some moderate losses in the pre-open and volatility inches higher. Neither are necessarily bad ways to start the day.

THURSDAY:    Coming off a rare moderate loss there’s no immediate evidence of follow-through. The absence of catalysts continues to characterize today’s market which appears to be ready to get off to a flat start

FRIDAY:  At one time Intel was market leader and then sank into irrelevance. Its surprising increased guidance gives it a gain the size that hasn’t been seen in about a decade. Is this wg=hat the narket really needs as its catalyst?

 

 



                                                                                                                                           

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Dashboard – June 2 – 6, 2014

 

 

 

 

 

Selections

MONDAY:   The Apple stock split, the WWDC meeting, ECB rates, Employment Report and more this week but will any help convincingly create new record highs?

TUESDAY:     The market looking to start the morning counter to its usual Tuesday trend in the absence of any real news until Thursday morning

WEDNESDAY:  With ambivalent employment statistics from ADP in advance of Friday’s Employment Situation Report the market is probably going to  reserve itself for tomorrow’s ECB interest rate decision and probably has little reason to reverse its mild pre-open weakness.

THURSDAY:    More S&P 500 records yesterday and today the ECB doesn’t disappoint. That’s a formula for a big yawn in preperation for the market’s open this morning.

FRIDAY:  Employment Situation Report comes in as expected and now more employed than pre-recession. Market yawns, but so did it after yesterday’s ECB announcement, at first.

 

 



                                                                                                                                           

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Dashboard – May 26 – 30, 2014

 

 

 

 

 

Selections

MONDAY:   Happy Memorial Day

TUESDAY:     At another new high and the market looks like it wants to add some more. That would be nice for as long as it can last.

WEDNESDAY:  WWith another new high to start the day or no real news left for the rest of the week it can really be anyone’s guess what the market does in a vacuum. Any of those guesses can be equally valid

THURSDAY:    A quiet day on the news front and the morning set to begin in an unusual place by not having to follow up to another new record close.

FRIDAY:  A quiet close would be fitting for a quiet week that was just your typical new record close day in and out kind of week.

 

 



                                                                                                                                           

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