“SNEAK PEEK AT NEXT WEEK” APPEARS ON FRIDAYS
Dec272016
Dec192016
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MONDAY: A quiet week ahead? The week does look as if it will get off to a calm start as there has to be talk of strategic tax selling over the next 2 weeks TUESDAY: Looks like maybe another quiet day in what could be a quiet week and maybe even a quiet end to the new year WEDNESDAY: It looks as if today may be another day to get off to a slow start, but the move is still in one direction only as trading for 2016 nears its end. THURSDAY: Another quiet day appears to be on tap, but the GDP may change that, although not too likely unless it is really, really out of the park FRIDAY:. Maybe yet another quiet one while everyone is out shopping instead of shopping for stocks
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Dec122016
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MONDAY: The week looks as if it might get off to a slow start ahead of the FOMC, as the Trump Rally went unabated last week. TUESDAY: The FOMC meeting that we’ve been waiting for all year begins today, but the Trump Rally doesn’t look as if it wants to take a break WEDNESDAY: All focus on the FOMC today, as the futures are taking a much needed breath THURSDAY: Three interest rate hikes projected for 2017, instead of just 2, spooked the markets yesterday. Maybe today will bring a little calm and take us nicely to 2017. FRIDAY:. All appears quiet to end the week.
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Dec52016
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MONDAY: It looks as if the market may be ready to resume the Trump Rally as the week gets underway TUESDAY: Maybe another day of rest today, but the trend is pretty clear. WEDNESDAY: More DJIA records yesterday. Maybe a rest today as the rest of the world see their markets advance THURSDAY: Well, yesterday was an unexpected surprise. A good one, at that, as the Trump Rally just keeps getting better and better, making it seem less likely that there might be any kind of adverse reaction, including a delayed one, to the upcoming FOMC decision FRIDAY:. Quite a week, with next week being the FOMC’s long awaited interest rate hike announcement. That may begin the real rally, really distinguishing it from last year’s post-announcement reaction
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Nov282016
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MONDAY: The next few weeks will be focusing on the FOMC, but first we have to deal with this week’s GDP and Employment SItuation Report TUESDAY: It looks as if it may be another quiet day today, but the rest of the week may have reasons to react, or at least convince itself that it has reasons to react. WEDNESDAY: An increased GDP reported yesterday and who knows what comes on Friday, as the Employment SItuation Report is released? But most everyone knows what to expect in just 2 weeks as the FOMC meets and the market appears ready to accept an interest rate increase – as long as it’s a small one and doesn’t happen too often. THURSDAY: OK. December. The final dash is underway. FRIDAY:. Employment Situation Report comes this morning and could swing market toward gains if the numbers convince everyone that the uncertainty is over. Of course, if the numbers aren’t so good, the market hates newly sown doubt.
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Nov212016
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MONDAY: Anything goes during a holiday shortened trading week, but this one looks like it will get off to a slow start. TUESDAY: More record closing highs and the futures look like they want even more. I’m happy watching for now. WEDNESDAY: Record highs again yesterday, but maybe today is a day to take a break and prepare for what’s really important THURSDAY: HAPPY THANKSGIVING ! FRIDAY:. A stealthily quiet week, as markets are up sharply and without any early challenges looming today to keep them from more new highs.
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Nov142016
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MONDAY: Today is the first week of the next 4 years, so…… TUESDAY: This may be the week for a return to normalcy, as the futures are trading flat, following a day with a relatively small trading range and little overall change WEDNESDAY: It looks as if it may be another quiet day and still with a chance to add to all time highs THURSDAY: It looks like it will be another day of quiet trading, even as some more respectable retail sales data and guidance is coming in this morning FRIDAY:. It looks like another relatively quiet day to end a quiet week to end the November 2016 monthly cycle
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Nov62016
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MONDAY: Late night futures had the market up 1.5%, perhaps not coincidentally related to the dark cloud over Clinton being somewhat lifted just days ahead of the final chance to vote TUESDAY: The market clearly didn’t like the idea of an outsider winning the election as it recovered nearly half of the 5% decline of the past 2 months. Trading, to begin Election Day looks flat, but tomorrow morning may be a very different story WEDNESDAY: .Wow. THURSDAY: Yesterday’s session was an eye opening “Wow” in the pre-open futures and then a real “uber-Wow” as trading came to an end, as the market roared back nearly 1100 points from its pre-opening lows. Wow. Today, there may be even more to come. FRIDAY:. What a week. Now it’s time to move on and see what awaits, as the market acquits itself, sitting at all time highs.
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Oct312016
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MONDAY: A big week ahead. Lots of earnings, another big deal, FOMC and Employment Situation Report. TUESDAY: Lots of earnings today and tomorrow as November gets off to its start, with hopes of breaking a 3 month losing streak WEDNESDAY: Another big day ahead with earnings and presumably no FOMC surprise. THURSDAY: The S&P 500 has gone into a stealth 7 day decline, the longest in 5 years, as next week may bring some really important earnings news to give traders a reason to do something, other than participating in the attrition of this recent decline FRIDAY:. Big day possibly, as we await the morning’s Employment Situation Report and see whether the S&P 500 makes in nine consecutive down days.
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Oct242016
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MONDAY: The week looks as if it may get off to a positive start coming on the heels of lots of buyout and merger activity over the weekend, ahead of lots of earnings reports and a GDP release TUESDAY: A decent day yesterday and not obvious weakness in the cards today, as some equally decent guidance comes this morning from the chemical sector. That could be one of the signs that the FOMC will find its justification for moving forward WEDNESDAY: With futures lower this morning, October could be the worst month since January, yet we’re on;y about 2% from all time highs with lots of time for something explosive to come. THURSDAY: Some more mergers hitting the wires this morning as earnings will be front and center before and after the closing bells today FRIDAY:. As we await the GDP release, we also await to see which side of the breakeven line the market will land, as earnings reports this morning and late yesterday afternoon are doing little to move markets
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Oct172016
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MONDAY: Other than earnings, this is a quiet week for scheduled events. Markets look like they will open to the negative, but not with too much conviction TUESDAY: A small loss yesterday and the market looks to erase that, even as some earnings in the important technology sector aren’t looking too good this morning WEDNESDAY: A decent day yesterday and some decent earnings still from financials, but otherwise some of the outlooks are not as optimistic as we need to get buyers excited. THURSDAY: The market is in a position to break a 2 week losing streak and this morning could add a little to that margin as the monthly cycle comes to its end with lots of earnings to come still this week FRIDAY:. Markets are poised to end the week higher, breaking a 2 week losing streak, even as earnings and guidances have been mixed.
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Oct102016
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MONDAY: Earnings season begins this week, but not for real until Friday, when Retail Sales are also reported. Guidance may be more important than ever as 2016 comes to an end and we still wonder where the interest rate increases we have all been expecting this year are hiding TUESDAY: Yesterday was a surprisingly strong day, even as some of the gains were lost. Today appears to be getting off to a flat start as we await the end of the week’s earnings, Retail Sales and Janet Yellen WEDNESDAY: With markets facing an unexpected large loss yesterday, once again following oil, this morning appears to be flat as we gear up for earnings and more. THURSDAY: It looks as if yesterday’s breather, despite some fairly strong opinion contained in last month’s FOMC meeting minutes about raising interest rates, won’t be holding up as this morning begins. I would have thought that the news in those minutes would have sent markets into a dive, but maybe there’s a delayed reaction this morning, instead. FRIDAY:. Futures are getting off to a good start as JP Morgan shows that they were healthier than thought with good top line revenue
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Oct32016
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MONDAY: The Employment Situation Report will loom large this week after 6 consecutive days of triple digit moves. Appropriately, markets are flat this morning as we await the start of trading TUESDAY: Yesterday’s mid-day recovery put an end to the streak of 6 consecutive triple digit moves. Today looks as if it may be getting off to a flat start in follow-up to yesterday’s small decline, as we await Friday’s Employment Situation Report WEDNESDAY: The countdown is on and markets are again getting ready to start the day off quietly, as it has to begin the week. THURSDAY: Yesterday’s decent, but unwarranted rally, followed oil again. Things may return to interest rates tomorrow, but there’s no reason for markets to do anything but stay as flat as the futures were trading early this morning FRIDAY:. Potentially big market mover this morning, as futures are just mildly cautious ahead of the news and after an overnight currency meltdown of the British Pound
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Sep262016
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MONDAY: Lots of Federal reserve talking going on this week and a GDP release, which could offer the first really strong justification for the expected interest rate hike TUESDAY: Markets look to be calm to start the morning after two consecutive triple digit losses for the first time in 3 months WEDNESDAY: Big down day to start the week and a big up day to follow. That made it 3 big days in a row. Today may be the breather, but we still have GDP on Friday to possibly shake things up again THURSDAY: Busy, busy day today. No less than 6 Federal reserve speakers today, including Janet Yellen and the GDP, following the fourth consecutive triple digit move. This morning, though, is completely flat, as oil ruled yesterday after not doing so the previous day FRIDAY:. Lots of ups and downs this week as oil has suddenly taken center stage again as talk about interest rates seems to have waned.
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Sep192016
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MONDAY: Big week ahead, with futures pointing toward a higher open, despite some considerable risk of the FOMC moving ahead with a rise in interest rates. TUESDAY: Markets squandered a big gain yesterday, but there was no reason for that gain in the first place. The FOMC meeting starts today and expectations are for no rate hike, but watch for the wording in the statement. WEDNESDAY: The Bank of Japan’s overnight policy re-direction may now pave the way for US markets to go higher, as futures are guardedly higher ahead of today’s FOMC Statement release. THURSDAY: Following yesterday’s boosts from the Bank of Japan and the FOMC, there may still be some rally left, as traders believe that are 3 more months ahead of cheap money to play with. FRIDAY:. Markets may need to take a rest today and certainly couldn’t be blamed if they did.
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