April 26, 2024

Market continues to rebound

The Market:

Stocks continue to chug along after last week’s impressive reversal on Wednesday.  Today was another turn around session which saw the S&P 500 gap down roughly 12 points before firming up in very early trading and then rallying the rest of the session to finish up over 9 points.  Above 2080 in the S&P 500 and it looks like the good times can continue.

HealthCare (XLV) was the leader in individual sectors finishing up 1.01% followed closely by Consumer Discretionary (XLY) which closed up 0.96%.  Today’s underperformer was Consumer Staples (XLP) which finished flat on the session hurt by large component Walmart (WMT) which finish down -0.65% and is scheduled to report earnings tomorrow before the open.

A first look at this week’s Economic Calendar is below.

 

Index & Sector performance 8/17/15

 

Economic Calendar week of 8/17/15

 

Reported EPS 8/17/15 After the Close:

Reporting EPS 8/17/15 After the Close

 

Reporting EPS 8/18/15 Pre-Market:

Companies Reporting EPS 8/18/15 pre-market

 

Analyst Comments:

Upgrades 8/17/15

Downgrades 8/17/15

Initiations 8/17/15

Price Target Changes 8/17/15

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