Energy heads lower in mixed session

Index & Sector performance 9/8/14

The Market:

Overall another low volume mixed session which saw the S&P 500 (SPY) and Dow (DIA) close slightly lower while the NASDAQ (QQQ) and Russell 2000 (IWM) finished slightly higher.

On the WSC Scoreboard the Energy sector (XLE) sticks out finishing the session down 1.56%.  After strong moves we like to see what stocks bucked the trend in the sector and one notable outperformer today was Valero (VLO) which finished the session up 0.96%.

Not much Economic data to start the week but finishes strong with Unemployment Claims Thursday followed by Retail Sales and the University of Michigan Consumer Sentiment report Friday.  In today’s session Consumer Credit balances came in higher than expected.

Economic Calendar week of 9/8/14

Reporting EPS 9/9/14 Pre-Market:

Companies reporting EPS 9/9/14 pre-market

Analyst Comments:

Upgrades 9/8/14

Downgrades 9/8/14

Initiations 9/8/14

Price Target Changes 9/8/14