Dashboard – May 16 – 20, 2016

 

 

 

 

 

SELECTIONS

MONDAY:   More earnings coming up and oil gets a boost from Goldman Sachs to start the week. Hopefully there will be no major surprises so we can get some trades done this week to end the May 2016 option cycle

TUESDAY:   After yesterday’s unexpected 1% gain, the early futures trading is at least holding on, in part helped by strong earnings from Home Depot. Clearly, the consumer is buying something.

WEDNESDAY:  Remember Monday’s gain? Funny thing about that. Well maybe not so funny if you took the bait on Monday. This morning the futures are flat as we await some earnings news and maybe think a little about some news of rising prices and their role in inflation and in shaping the FOMC’s thoughts

THURSDAY: For a change, some decent earnings news greets investors as the morning begins as traders weigh the FOMC’s greater than anticipated hawkishness

FRIDAY:.  This monthly option cycle finally comes to an end and there’s some hope for rollovers or assignments as futures are slightly higher

 

 

 



 

                                                                                                                                           

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 “SNEAK PEEK AT NEXT WEEK” APPEARS ON FRIDAYS

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Weekly Summary

  

Dashboard – May 9 – 13, 2016

 

 

 

 

 

SELECTIONS

MONDAY:   Not too much going on this week, but retailers are reporting earnings and they’re not expected to be very good, maybe even below lowered expectations. Well, at least we have oil higher this morning

TUESDAY:   Markets point toward a higher open this morning as oil is also showing some strength. The real test comes as retailers are now reporting numbers and the weak are getting weaker. If the big players are the same, the market probably won’t react kindly

WEDNESDAY:  After yesterday’s 222 point gain, coincidentally while oil also headed much higher, this morning may give a small portion back. That portion could change as big retailers begin their flow of earnings reports starting today.

THURSDAY: Up 222 on Tuesday, down 217 yesterday. Well, at least that’s a net gain of 5. This morning’s futures are mildly higher, as is oil, trying to recover from yesterday’s retailer shock

FRIDAY:.  The week looks as if it wants to end on a flat note, having been punctuated mid-week by equally large and opposite moves. More retail next week, but maybe we’re now prepared for the moribund consumer and the economy he created

 

 

 



 

                                                                                                                                           

Today's TradesCash-o-Meter

 

 

 





 “SNEAK PEEK AT NEXT WEEK” APPEARS ON FRIDAYS

Sneak PeekPie Chart Distribution

 

 

 

 

 

 

 

Weekly Summary

  

Dashboard – May 2 – 6, 2016

 

 

 

 

 

SELECTIONS

MONDAY:   Lots of earnings reports this week, but not too many of consequence. That happens next week as retailers begin to report. In the meantime, the week will end with an Employment Situation Report and we’ll find out whether there are more people in a position to be spending their money

TUESDAY:   Market picked up 100 points yesterday and looking to lose the same today. Why? Because Tuesday. Does there need to be a reason? Earnings, oil, interest rates? Maybe none of the above

WEDNESDAY: More heavy losses appear to be in store as the futures are trading and both oil and commodities are weak, as we await the ADP Report that could give some insight into Friday’s Employment Situation Report.

THURSDAY: Oil led the way down yesterday, but in this morning’s early trading, while it is again sharply higher, the S&P 500 futures have been giving up on their substantial early gains, so hold on.

FRIDAY:.  Today’s Employment Situation report could spell the difference for the week, which is already down enough to notice and heading a bit lower before this morning’s announcement.

 

 

 



 

                                                                                                                                           

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 “SNEAK PEEK AT NEXT WEEK” APPEARS ON FRIDAYS

Sneak PeekPie Chart Distribution

 

 

 

 

 

 

 

Weekly Summary

  

Dashboard – April 25 – 29, 2016

 

 

 

 

 

SELECTIONS

MONDAY:   It’s a big week ahead with lots of earnings, an FOMC Statement release and the GDP, but markets look like they may open the day flat

TUESDAY:   Stocks recovered nicely from their lows yesterday to finish fairly flat. This morning’s open looks to be the same, even as most of the days right before the FOMC Statement release for the past few years have been strongly positive.

WEDNESDAY: Last night’s large earnings disappointments seem to be offset by stronger oil prices in the futures trading, as we get ready for the FOMC Statement release in the afternoon

THURSDAY: Last night’s closing bell brought some decent earnings after a no surprise FOMC Statement release. This morning, as oil is flat, the market is trying to give up all of the small gains for the week.

FRIDAY:.  After yesterday’s big Icahn inspired decline, the week looks as if it may come to a quiet end

 

 

 



 

                                                                                                                                           

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 “SNEAK PEEK AT NEXT WEEK” APPEARS ON FRIDAYS

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Weekly Summary

  

Dashboard – April 18 – 22, 2016

 

 

 

 

 

SELECTIONS

MONDAY:   The week opens with no surprise. Oil producers failed to come to the agreement that was rumored. The real surprise is that markets are cautious in their give backs of last week’s oil inspired gains. Maybe we’ll concentrate on earnings, instead.

TUESDAY:  Another good day appears to be at hand, even as earnings aren’t reflecting anything other than being able to meet or exceed lowered expectations. Meanwhile oil is up strongly again as Doha is all but forgotten

WEDNESDAY: Stocks managed a gain yesterday. This morning it’s being given back, but not by as much as the decline in oil might have ordinarily resulted in. Maybe earnings will keep the illusion going, a the bar to be disappointed is lowered even further.

THURSDAY: Maybe another quiet day awaits, as more earnings pour in, although yesterday the earnings related news wasn’t all bad, The strategy of under promising and then meeting those lowered expectations seems to be working, however, as stocks have been steadily climbing higher, although oil’s ascent can’t be minimized.

FRIDAY:.  Markets followed oil lower yesterday, but started seeing some large earnings related declines during the session and then some more disappointments after the close. Futures this morning, however, are not reflecting overnight damage

 

 

 



 

                                                                                                                                           

Today's TradesCash-o-Meter

 

 

 





 “SNEAK PEEK AT NEXT WEEK” APPEARS ON FRIDAYS

Sneak PeekPie Chart Distribution

 

 

 

 

 

 

 

Weekly Summary