January 24, 2019

Russell leads overall dull session

Index & Sector performance 11/24/14

The Market:

An overall dull session with the S&P 500 (SPY) and Dow (DIA) barely moving while the NASDAQ (QQQ) and Russell 2000 (IWM) led.  As is expected for the remainder of this shortened holiday week, volume was very light.

In individual sectors it was Retail (XRT) posting another great session up 1.32%.  Today the index was greatly helped by Outerwall (OUTR), operators of Coinstar and Redbox, which finished up 12.32%.  Also chipping in was Best Buy (BBY) up 2.29% and Foot Locker (FL) up 3.45%.  After spending much of the year down, the XRT is now up nearly 6.5% YTD.  Leading to the downside in today’s session was a tie between Energy (XLE) finishing down 0.81% but still above the 50 day SMA and Utilities (XLU).

A decent amount of Economic data considering it is a shortened trading week.  Tomorrow we get GDP along with Consumer Confidence followed by Durable Goods, Unemployment Claims, and New Home Sales Wednesday.

 

Economic Calendar week of 11/24/14

 

Reporting EPS 11/25/14 Pre-Market:

Companies reporting EPS 11/25/14 pre-market


Analyst Comments:

Upgrades 11/24/14

Downgrades 11/24/14

Initiations 11/24/14

Price Target Changes 11/24/14

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