Low vol narrow holiday trading range

Index & Sector performance 11/25/14

The Market:

Another uneventful holiday trading session across all 4 major indices on the WSC Scoreboard.  Action was also muted across the individual sectors with the exception of Energy (XLE) which lost 1.63%.  For XLE traders our take is that the lows may hold but we would either be looking for an opportunity to buy lower or on a break above $89.25.

In Economic data, estimated 3rd quarter GDP growth came in better than previously reported while Consumer Confidence and the Richmond Manufacturing Index both missed expectations.  Tomorrow there is a slew of data including Durable Goods, Unemployment Claims and New Home Sales.

Economic Calendar week of 11/24/14

Reporting EPS 11/25/14 Pre-Market:

Companies reporting EPS 11/26/14 pre-market

Analyst Comments:

Upgrades 11/25/14

Downgrades 11/25/14

Initiations 11/25/14

Price Target Changes 11/25/14