Watch out for traps

Posted by Admin on December 9, 2014

Index & Sector performance 12/9/14 The Market: The S&P 500 found itself down over 20 points within the first hour plus of trading as traders pointed to concerns over China and Greece. Throughout the early drop the Russell 2000 (IWM) remained strong down only a fraction of the other indices and then was the first to turn positive on the day. The IWM’s resilience continued throughout the remainder of the trading session and finished the clear leader. Today’s action certainly feels like another Bear trap where the market looks as though it is about to start a major prolonged slide…

Category Tabber, The Nightcap · Tags AB, ACE, ACGL, ADS, AEO, AGN, AJG, AKRX, ALL, AMAT, AMG, ANET, AON, APA, APAM, ATHN, AVY, AXP, BCC, BCRX, BEN, BERY, BLK, BLUE, BMS, CARA, CB, CCK, CELG, CHKE, CMN, CNSI, COH, COP, COST, CSCO, CTB, CXO, DDC, DDS, DFS, DOV, DWA, EOX, EV, EW, FGEN, FGP, FII, FITB, FRAN, FRGI, FSFR, GDOT, GILD, GPOR, GRMN, HAFC, HALO, HCP, HOV, IP, IVZ, JNPR, JNS, JYNT, KEY, KSS, LAYN, LE, LECO, LG, LHCG, LL, LM, LMRK, LPX, LRCX, M, MA, MAC, MKSI, MMC, MN, MPO, MTN, NAP, NAVI, NBR, NDRM, NEE, NEWT, NU, NWY, OI, OII, OMAM, OVAS, PDCE, PGR, PKG, PMCS, PNC, PRE, PXD, RE, RKT, RNR, RRC, RVNC, SAGE, SAVE, SEE, SEIC, SKT, SLB, SLCA, SLG, SM, SNSS, SONS, SSNC, SYF, TITN, TOL, TR, TROW, TRV, TSN, TSS, VA, VECO, VLO, VNCE, VOLC, VRA, VZ, WAG, XL, ZSPH

EPS helped shrug off bad overseas data

Posted by Admin on November 20, 2014

Index & Sector performance 11/20/14 The Market: It doesn’t look like the S&P 500 (SPY) had a strong session but considering the futures were down roughly 10 points pre-market reportedly due to weak data out of Europe and China, to finish up a few points is a strong showing. Yesterday’s laggard was today’s leader as the Russell 2000 (IWM ) finished up over 1% clawing back most of yesterday’s losses and the Dow (DIA) was helped by Intel (INTC) which gained 4.66% after announcing a dividend hike and solid 2015 expected revenue growth. In individual sectors, Retail (XRT) led today…

Category Tabber, The Nightcap · Tags AAPL, ACT, ADBE, ADEP, AGII, ANIP, ANN, ARE, ASML, ATHN, ATO, AVAV, BANC, BBY, BCE, BEE, BERY, BIOS, BOBE, BXP, CBST, CERN, CGNX, CLF, CPSI, CRM, CSTM, DDD, DFT, DNR, DO, DOW, DUK, DXLG, EJ, ENR, EPM, EQR, ESI, FARO, FL, FSP, GALE, GMAN, GOOG, HAE, HIBB, IRBT, ISIS, JACK, JBLU, JEC, KAR, KIRK, LB, LOW, LYB, MAC, MDCO, MDRX, MIK, MOLG, NGLS, NORD, NSSC, OCN, OPLK, PANW, PERY, PETM, PMC, PRI, QSII, RCI, REGN, SAPE, SC, SIRO, SMRT, SMTC, SPB, SPLS, STRM, SYF, TGT, TNP, TPUB, TRUE, TU, TXT, VIPS, WSM, YUM

News & EPS will dominate week

Posted by Admin on October 20, 2014

Index & Sector performance 10/20/14 The Market: This is a very light Economic data week but don’t worry. Earnings will more than make up for it with a Packed schedule all the way through to Friday. All the indices on the WSC Scoreboard were nicely higher but the Dow (DIA) was the clear laggard after IBM (IBM) lost over 7% due to a disappointing Q3 report which missed on revenues and EPS. The company also announced that they would no longer be able to meet its goal of $20/share in operating EPS by 2015. Solid results across all the sectors…

Category Tabber, The Nightcap · Tags ABG, AEM, AIG, ALGN, ALSN, AMAG, AMTD, AOS, APOL, ATHN, ATI, AXP, BEAV, BF.B, BK, BRO, CBSO, CF, CFN, CLF, CMA, CNNX, CNX, CRI, CSL, CYBR, DHI, EAT, ETFC, FB, FCX, FNFV, GE, GPK, HLF, HOG, HPT, IBM, IP, IRBT, ITW, KBH, KEY, KMB, KO, KS, LEN, LMT, LPT, LXK, MAN, MCD, MDLY, MJN, MNKD, MTN, MU, NBR, NUS, NWSA, OC, OMC, PANW, PFBC, PHM, PKG, PLL, PNC, PNM, PNR, PPG, PTEN, RAI, RCI, RCL, RF, RKT, RNA, SAH, SBNY, SHPG, SIX, SLB, SNV, ST, STZ, SWFT, TGD, TMUS, TOL, TRV, TUBE, UNM, USNA, UTX, VIAB, VTAE, VZ, WAL, WAT, WR, XRAY, YHOO

EPS should lead trading

Posted by Admin on July 21, 2014

Index & Sector performance 7/21/14 The Market: Slow start to the week saw the S&P futures down over 10 points in early trading only to rally back and finish the day relatively flat on the session. The best performer of the 4 broad indices was the NASDAQ (QQQ) but all-in-all it was a low volume relatively uneventful start to the week. With not much scheduled in terms of Economic data this week (see schedule below), eyes will be firmly fixed on the slew of earnings coming out. Below is the list of confirmed pre-market reports for 7/22/14 and the remainder…

Category Tabber, The Nightcap · Tags AAPL, ACI, ADPT, ALGT, AMPH, AMTD, ANR, ATHN, ATI, BIDU, BK, BTU, CHTR, CIT, CMCSA, COBZ, CSCO, DD, DFS, DISH, DOV, ECR, EXC, EZPW, FAF, FANG, FITB, FNF, GCI, GOL, GPRO, HOG, HOMB, HOT, IMAX, IMPR, IP, IR, ITC, ITRI, JPM, KEG, KMB, KO, LMT, MCD, MJN, MNK, MO, MSG, MTB, MTLS, OMC, QLIK, RDC, REGN, RF, RKT, RSPP, SBUX, SGGH, SHPG, SMI, SNV, STT, TCPI, TRV, TSRA, UBIC, UTX, VZ, WFC, XL

Market recovers after weak GDP

Posted by Admin on June 25, 2014

Index & Sector performance 6/25/14 The Market: After a quiet overnight session, the S&P 500 futures spiked lower after the Government announced worse than expected GDP estimates for the first quarter of the year but, after the open, buyers stepped in and all four main indices from the WSC Scoreboard closed higher. In individual sectors HeathCare (XLV) and Transportation (IYT) outperformed closing up 1.06% and 0.99% respectively. The only sector closing lower on the WSC Scoreboard was Consumer Staples (XLP) finishing down 0.16%. The leader in the XLV was Bristol-Myers Squibb (BMY) finishing up 2.96% after announcing positive Phase III…

Category Tabber, The Nightcap · Tags AAPL, ACN, AER, ALSN, ATHN, ATVI, BC, BLL, BMY, BWS, CAG, CLR, CNQR, COH, CUR, CVEO, DG, DLTR, EA, EQIX, EVEP, FANG, FINL, FL, FNV, GCO, HBI, HK, HNT, HOLX, IMGN, INFI, IRWD, KR, KRA, LEN, LVS, MEI, MKC, MU, MW, NOV, NTAP, PBR, PII, PSTB, RH, SCHN, SCS, SFM, SQBG, SVU, TFM, TIME, TRIP, UNFI, VMI, VRTX, WAG, WEC, WFM, WGO, WYNN

Higher inflation ahead of Fed

Posted by Admin on June 17, 2014

Index & Sector performance 6/17/14 The Market: In today’s Economic news, CPI came in higher than expected while the Building Permits and Housing Starts were below estimates. The initial reaction off this data sent the S&P 500 futures trading lower but ultimately the index bottomed before the open and continued higher the remainder of the day. Checking the WSC scoreboard the Russell 2000 led the charge while the other indices closed flat or slightly higher. In individual sectors, the Financials (XLF) posting a 1.02% gain and the Retailers (XRT) finishing up 0.87% were the strongest groups. In the Financials, MetLife…

Category Tabber, The Nightcap · Tags AAPL, ACMP, ACRX, AEM, AGRX, AINV, AOSL, ATHN, AVA, AVIV, BKCC, BLT, BRCM, CIE, CLMT, CRME, DNOW, DPZ, DXCM, EGN, ENT, ENTA, ETFC, EXC, EXPE, FSIC, GOGO, HRTG, INGR, JAZZ, JMBA, LAYN, LPG, LUV, MCRS, MDSO, MDT, MET, MS, NFLX, NRX, ORCL, PDCE, PE, PEG, PXD, RSPP, RTN, SBLK, SC, SCHW, SDPI, SN, SNDK, TGI, TXMD, URI, WHZ, WMB, WSTC, XEC, YHOO

Tech stocks lead sell-off

Posted by Admin on May 6, 2014

Index & Sector performance 5/6/14 The Market: Last night we noted 1872ES as a key level to watch. If it held as overnight support then the index could look to target Friday’s 1886ES highs but if lost then we could see Monday’s lows of 1860.50ES tested and then 1850ES. In overnight trading the S&P was only able to reach 1881.50ES falling short of Friday’s highs and by the open the futures were sitting at our key 1872ES level. After some initial jostling around the 1872ES level, the index started to roll over in midday trading reaching as low as…

Category Tabber, The Nightcap · Tags AGN, AIV, AOL, APC, ARIA, ARQL, ATHN, AVA, AYR, BAM, BBG, BHI, BSFT, BXP, CERU, CFN, CHK, CLH, CLMT, CLR, COWN, CTRP, CTSH, CXO, DATA, DCT, DUK, DVN, DWA, EGP, EMES, END, EOG, FPI, GDP, GIL, GTE, GTIV, HAL, HEAR, HNT, HST, HTZ, HUM, INTL, IPWR, KBR, KING, KN, LAMR, LCI, LGND, LPT, LUV, MDLZ, MEMP, MVG, NAVB, NCMI, NLS, NTLS, OAS, P, PAHC, POM, PQ, PRGO, RAS, RIGL, ROC, RRC, SALE, SBGI, SCHW, SE, SFUN, SGEN, SILC, SLB, SMG, SNSS, STAY, SUSS, SYNA, T, TAP, TAST, TGT, TKR, TMHC, TNET, TREX, TS, TWTR, VLO, VOYA, VSI, VSTM, WBAI, WPX, WRES, XEC, YELP, ZOES

6 day win streak ends..new starts?

Posted by Admin on April 23, 2014

Index & Sector performance 4/23/14 The Market: Today’s session snapped a 6 day winning streak for the S&P 500 but the losses were small and maintained a very orderly structure throughout the day. In after hours trading, the futures traded sharply higher helped by Apple’s (AAPL) earnings which beat EPS and revenue along with announcing a 7 for 1 stock split, increase in the buyback, and an 8% increase in the dividend. With tonight’s overnight action, the S&P 500 is now closing in on the all time highs . Focus will continue to be on earnings especially with a very…

Category Tabber, The Nightcap · Tags AAL, AAPL, ABC, AEGN, AEM, AET, AGN, AKS, ALXN, AMAG, AMGN, AMX, AOS, APC, ATHN, AVT, BC, BCO, BHE, BKU, BLL, BMS, BTU, BVF, CAB, CAM, CAT, CBEY, CCE, CELG, CFX, CIR, CLI, CMS, COG, COMM, CREE, CSH, DFS, DFT, DGX, DHI, DLPH, DLX, DNKN, DO, DSX, DVN, EFX, ELS, EOG, EQT, ETR, FAF, FCFS, FCX, FNFG, GILD, GLF, GLMD, GM, GPK, GTI, HA, HAFC, HOG, HOT, HP, HSY, HXL, IART, IILG, ILMN, ITW, JBLU, KKR, LL, LLY, LO, LODE, LSTR, LTM, LUV, MBT, MCD, MDP, MDSO, MED, MJN, MMM, MO, NBL, NDAQ, NLSN, NUE, NVGS, NYT, ODFL, OI, OSTK, PDCE, PENN, PHM, PLD, PNR, PTEN, QSII, RCL, RS, RTN, RUSHA, RXN, RYL, SANM, SBNY, SCG, SIAL, SIRI, SKX, SLB, SMCI, SNP, SONS, SPWR, SWK, SWKS, SYRX, TBI, TCB, TE, TKR, TMK, TRV, TSLX, TWC, TWI, UA, UAL, UGI, UPS, USG, UTEK, UTX, VLO, VLY, VMW, VRX, VSI, VZ, WCC, WM, WWAV, WYN, XOOM, XRX, ZMH

S&P on 5 day win streak

Posted by Admin on April 21, 2014

Index & Sector performance 4/21/14 The Market: The S&P 500 has been on an impressive 5 day winning streak but much like the “V” bottom we say back in February this year, this rally is coming on lower than average volume with today being by far the lowest in the S&P 500 sector ETF “SPY”. We stated in our 4/14 write-up that we would not be surprised to see the market used short term oversold levels and the shortened holiday Op-Ex week to rally. The question now is as traders get back to the desk in both the U.S….

Category Tabber, The Nightcap · Tags AAN, ACI, AEP, AGTC, AHP, AIV, AKS, AOS, ATHN, ATI, ATO, AWI, BBT, BHI, BIG, BK, BMI, BTU, BWP, BXP, CLI, CMCSA, CMG, CNC, COF, COMM, CRZO, CSGP, CSL, CSOD, DOV, DYN, EWBC, EXAM, FCF, FIX, GDP, GLNG, GLOG, GPC, HAFC, HNI, HOG, HOMB, HUBG, IG, IPG, IRBT, JAKK, JBL, JNS, LMT, LPT, LXK, MCD, MDSO, MS, MTG, MU, NAT, OMC, ORCL, PBYI, PCG, PCH, PDCE, PEP, PLXS, PNR, PPL, PSIX, PVA, PVTB, RF, ROYT, SB, SBNY, SFNC, SHW, SLG, SLM, SNV, SPG, SRPT, STI, TBI, TCB, TPLM, TRV, TWC, TWOU, UNH, URI, UTX, VFC, VMW, WLT, WTS, XLNX, XRS, YUM, ZMH

Lots of movement, little results

Posted by Admin on March 10, 2014

Index & Sector performance 3/10/14 The Market: Today was a yet another choppy session but for day traders there was a great deal of opportunity. The S&P 500 emini ultimately moved 40 points between support and resistance while the S&P 500 cash index only managed to close down roughly a point for the day. Starting with Sunday evening’s trading the ES contract lost ground over night finding support at the $1868ES pivot and then rallied pre-market to the $1878ES pivot. Playing Pivot Pinball the ES tested the $1868ES support after the open to yet again hold and rally back toward…

Category Tabber, The Nightcap · Tags ADM, ADP, AEO, AGU, ALJ, ALU, AMDA, AMX, APA, ARCO, ASTE, ATHN, ATSG, BCRX, BIG, BONT, BPI, BWLD, BXP, CF, CHTR, CLF, CMN, CNCE, DAL, DFT, DHI, DKS, DSCO, DWA, ECA, EGRX, EVOL, EXPD, FB, FL, FLXN, FMI, GAS, GTN, HIMX, HSNI, HSY, HW, IBP, IDXX, KBH, LEAF, LHCG, LINTA, MAR, MDLZ, MEOH, MINI, MJN, MNTX, MTGE, MTH, NADL, NLSN, NNBR, NNN, NPTN, PFPT, QIHU, RAI, RNF, RTK, SFUN, SGEN, SHPG, SNTA, SPLS, SYPR, TDY, TLMR, TLOG, TRAK, TRIP, TWTR, UCP, UIL, VECO, VLP, VMW, WWAV, X, XLNX

«123 »

Wall Street Consensus

Recent Commentator Posts

StockTwits Feed