Farewell QE3

Posted by Admin on October 29, 2014

Index & Sector performance 10/29/14 The Market: It was a relatively quiet session the majority of the day as traders were awaiting the 2pm FOMC rate decisions and statement. As was expected, the Fed ended QE3 but continued to note that rates would remain low for a “considerable period”. The initial reaction after the release was a move lower but the market had already been trending that way since the open and, after the initial drop, buyers stepped in and ultimately the indices closed only slightly lower. It was a mixed session across the WSC Scoreboard sectors with Materials (XLB)…

Category Tabber, The Nightcap · Tags ABC, ABT, ACIW, ACOR, ACPW, AFSI, AKRX, ALLE, AMAG, AMCX, AMGN, AMT, AMZN, ANR, APD, APO, ARCP, ASGN, AVB, AVNR, AVP, AZPN, BABA, BG, BGCP, BLL, BOOM, BWA, CAH, CBM, CBRL, CBS, CDR, CI, CLF, CME, CNC, CNSL, COP, CTRX, CVI, CVLT, CVRR, CYOU, DBD, DFT, DHX, DRQ, DST, DTE, DYAX, EBAY, EMES, EPD, EPIQ, EPR, ESV, EZCH, FB, FCH, FIG, FIS, FMSA, GBX, GEL, GILD, GK, GNC, GOV, GTI, GTLS, HAR, HCA, HCC, HEES, HLS, HST, IDCC, INCY, INGR, INSY, INVN, IQNT, IRDM, IRM, ITC, IVZ, JCI, JD, JMBA, K, KEYW, KMT, KORS, LAD, LECO, LIQD, LKQ, LLL, LPLA, LRN, MA, MAR, MAS, MCK, MD, MDC, MDXG, MGM, MO, MPC, MPW, MSCI, MSM, MTSC, MTW, NAO, NBL, NI, NOV, NVCN, NYT, OCN, ODFL, OI, PBF, PBI, PCG, PCRX, PEG, PES, PH, PTSI, Q, RAS, RDEN, RDN, RDWR, RGLD, SAIA, SAVE, SCG, SERV, SHOO, SMA, SNCR, SSB, STRZA, SUI, SWI, TASR, THRM, TMUS, TWC, ULTI, UNIS, UPL, VALE, VIPS, VNTV, VRTX, VVTV, WHR, WLT, WST, WWE, XEL, XOOM, YHOO, ZAYO, ZLTQ

XLE hit hard on overall mixed session

Posted by Admin on October 27, 2014

Index & Sector performance 10/27/14 The Market: A rumor Thursday of a doctor infected with the Ebola virus being rushed to an NYC hospital helped take the market off the highs and then in Thursday’s overnight session it was confirmed that the doctor indeed had Ebola which sent the futures spiking lower but by Friday morning they were off the lows from the overnight session and marched higher closing near Thursday’s intraday highs. Today was much more of a muted consolidation session with the S&P 500 cash index remaining within a roughly 13 point range which while not historically small…

Category Tabber, The Nightcap · Tags AA, AAN, ACI, ACW, AEP, AET, AGCO, ALR, AMBA, AME, AMGN, AMTD, AMZN, AN, APC, AUPH, BABA, BALT, BAS, BBT, BF.B, BMY, CACI, CALA, CEB, CIT, CIVI, CLR, CMCO, CMI, CNC, CNX, COG, COH, COMM, CSLT, CVA, CVLT, DD, DIN, DO, DPM, DSX, ECL, EME, EMES, ENTG, EPE, EQT, ESPR, EVDY, EZCH, F, FB, FCX, FET, FLIR, FLO, FLS, FLWS, FMER, FMSA, FNFG, FWRD, GLPI, GLW, GOOG, GPS, GRMN, HAL, HCA, HLSS, HOT, HRS, HTLD, ICON, IDXX, IHS, IIVI, ILMN, IMPR, IPGP, KLAC, KO, LEA, LH, LPI, LPNT, LVLT, MCGC, MDLZ, MDSO, MEP, MJN, MLM, MMC, MSM, MWV, NBL, NDRO, NEM, NGLS, NNA, NOW, OKE, OME, PCAR, PCG, PCP, PE, PES, PFE, PH, POR, PTEN, RAD, RAX, RGLD, SALT, SAVE, SCHN, SFL, SHW, SIRI, SNCR, ST, STE, SXC, TGTX, TKR, TRGP, TRS, TRW, TTS, TWI, UTHR, VBLT, VEEV, VSH, VSLR, W, WAB, WAGE, WBC, WBMD, WDR, WHR, WIRE, XYL, ZUMZ

New Ebola scare helps market off highs

Posted by Admin on October 23, 2014

Index & Sector performance 10/23/14 The Market: The market was cruising along today until roughly 2pm ET when the market turned and then started quickly losing ground. Traders pointed to news that a doctor who had treated Ebola patients was rushed to the hospital in New York City. The sell off was not enough to give back all the days gains but we closed well off the intraday highs. Many sectors from the WSC Scoreboard participated in the rally with the biggest gainer the Industrials (XLI) finishing up over 2% helped greatly by Union Pacific Corporation (UNP) and 3M (MMM)…

Category Tabber, The Nightcap · Tags AAN, ABBV, ADXS, ALGT, ALU, ANGI, AVY, AXLL, B, BA, BABA, BBT, BDBD, BEAV, BMY, BSX, CHKP, CL, CLR, CLW, COG, CTCM, CTXS, DDD, DLPH, DOW, DTE, EDU, EGHT, EMC, ENDP, EOG, ETAK, F, FET, FLIR, FMC, FNFG, FOSL, FTI, FTNT, GD, GLF, HLSS, IDXX, IHS, IMGN, IMS, INFN, KO, LEA, LGND, LHO, LMT, LPNT, LQ, LULU, LYB, MCO, MERC, MLNX, MMM, MNI, MNK, MOS, NBR, NDAQ, NDRO, NOC, NOW, NPBC, NTGR, OC, OCR, OFC, PG, PII, PVA, SKX, STNG, STT, SXC, T, TCB, TE, TLLP, TSCO, TUP, UBSH, UNF, UNP, UPS, VAR, VOC, VTR, WBC, WRLD, WYN, YELP, ZMH

Down but much better than the start

Posted by Admin on September 29, 2014

Index & Sector performance 9/29/14 The Market: All 4 broad market indices closed lower however all also closed well off their lows of the session. The standout sector in today’s trading is clearly the Utilities (XLU) which finished up 0.65% and is currently in 4th place amongst the WSC Scoreboard sectors for largest YTD gain. The biggest laggard was Consumer Discretionary (XLY) followed by Materials (XLB). In Economic data, Pending Home Sales was a big disappointment coming in at -1% when -0.4% was expected while last months reading was adjusted slightly lower to 3.2% from 3.3%. Reporting EPS…

Category Tabber, The Nightcap · Tags AKRX, ALIM, ARE, ARP, ATHL, AVY, BABA, BBEP, BRCD, BXP, CELG, CHS, CTSH, DOX, DRC, EMC, EQY, ETP, EVEP, FDX, FFIV, FINL, FIS, FISV, FTNT, G, GOOG, GST, HCLP, HIMX, HPJ, KEG, KRC, KS, LGP, LRE, MAT, MCK, MU, NKE, NSLP, NSM, NXST, PFMT, PSDV, PTCT, RCII, RICE, SAH, SKT, SYY, TDC, UACL, UHS, USAT, VOYA, WAG, WM, WNS, WSTC, YHOO

China growth concerns weigh on market

Posted by Admin on September 22, 2014

Index & Sector performance 9/22/14 The Market: The markets started the week off lower with many pointing to weak economic data out of China as well as comments from the Chinese finance minister stating there will be no major policy adjustments as the cause. Leading the way lower was the Russell 2000 (IWM) which remains the clear underperfomer for the year with the Dow (DIA) not too far behind but at least positive YTD. Multiple sectors closed the day down over 1% with Retail (XRT) leading the way finishing the session 1.59% lower. The XRT is now again over 1%…

Category Tabber, The Nightcap · Tags AA, AAPL, ABT, ACT, AMGN, AUXL, BABA, BBG, BLUE, CELG, CLR, CNQR, COUTR, CRR, CVA, DNB, DOC, DRC, ECL, ERF, FINL, HE, HUM, INVN, KERX, KEX, LEG, LNN, LVS, MA, MDU, MKTO, MNST, MPEL, MTZ, NEWM, NNN, NOK, PANW, PEG, POL, PRGO, PRMW, RBC, RS, SABA, SIAL, SIRO, SRE, STLD, THS, V, VMI, WAG, WLP, WTS, XPO, YHOO

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Farewell QE3

XLE hit hard on overall mixed session

New Ebola scare helps market off highs

Down but much better than the start

China growth concerns weigh on market