Quiet start to the month

Posted by Admin on November 3, 2014

Index & Sector performance 11/3/14 The Market: The market started the day slightly higher building on last week’s extremely strong session but the market ran out of steam in the short term and the S&P 500 started pulling back in afternoon trading finishing flat on the session. All in all it was a low volume quiet session but the Bulls can point to the fact that they didn’t give ground after reaching new highs. We do not expect the remainder of the month to be as quiet as today and would plan for swings in both directions much like October…

Category Tabber, The Nightcap · Tags AAP, ABX, ACHC, ACN, AER, AES, AFOP, AFSI, AKR, AKS, AMRE, AMT, AMTD, ANET, ARCC, ARCO, ARRY, ATEN, ATK, ATNI, AVIV, AYR, BABA, BCOR, BDX, BKW, BLK, BLMN, BXE, CBS, CCG, CCI, CFG, CIE, CLDT, CNX, COMM, CPT, CVD, CVO, CVS, D, DISCA, DISH, DRH, DWRE, EGOV, EL, ELLI, EMN, EMR, EPE, ERJ, ETE, ETP, ETR, EXH, FB, FE, FRAN, FRM, FRT, GDP, GOOG, GOV, GPT, GPX, HCCI, HCLP, HCN, HCP, HMSY, HOLX, HPT, HPTX, HSNI, HUBS, HW, IACI, ICE, ICL, IFF, IP, IPXL, IRC, IRWD, KBR, KEG, KEYS, KLAC, KORS, KRC, LINE, LMCA, LNC, LNCO, LNKD, LRE, MATX, MCF, MERC, MFA, MSI, MTGE, MWW, NEWM, NGLS, NNN, NOV, NS, NSH, NTI, ODP, OLED, OZM, PCLN, PGTI, PPL, PRTK, QVCA, RCPT, REGN, RGLD, RGP, RGS, RHP, ROSE, RP, RRGB, SLCA, SNI, SPLK, SPR, SPW, SRE, TEVA, TICC, TIME, TJX, TRGP, TSO, TWC, TWTR, UNT, USDP, VLO, VMC, VSI, WETF, WLK, WNR, WPC, WRES, WSFS, WY, ZBRA, ZTS

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

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

QQQs lose 2% – now sit on 50 day SMA

Posted by Admin on September 25, 2014

Index & Sector performance 9/25/14 The Market: Strong down session across the board which saw the NASDAQ (QQQ) lead the way lower finishing down over 2%. QQQ was hurt by Apple (AAPL) which is reportedly facing consumer issue regarding its new iPhone6 and iOS but some media outlets also pointed to concerns over rates and Russia as causes for trader pessimism. The Dow (DIA) and QQQ are now sitting on their 50 day SMA’s while the S&P 500 (SPY) lost its 50 as of today. With one day left in the trading week it will be interesting to see how…

Category Tabber, The Nightcap · Tags AA, ABX, ADNC, ARC, ASPX, BBRY, BGCP, BLMN, BOTA, BRCD, BRCM, BXP, CELP, CMA, CRS, EW, FB, FCX, FINL, FNJN, GDOT, GFIG, HBI, IPHI, JD, KBH, LPG, MDT, MMC, NOC, SLB, SQBG, TGTX, VC, VIAB, WTI, WUBA, YHOO

Market continues higher on low volume

Posted by Admin on August 13, 2014

Index & Sector performance 8/13/14 The Market: Monday was a solid up day to follow-up on Friday’s move but one concerning aspect was how the indices finished noticeably off the intraday highs. That trend continued taking the indices lower in Tuesday’s session but the losses were contained and today it was back up as all 4 indices on the WSC Scoreboard finished higher with the NASDAQ (QQQ) leading the charge. In individual sectors there were three standouts with HealthCare (XLV) the biggest winner finishing the day up 1.21% followed by a tie for second with both the Industrials (XLI) and…

Category Tabber, The Nightcap · Tags AAP, ACM, AER, AMPH, AMSC, AMZN, ARTX, ATHL, AWAY, BGG, BGMD, CEQP, CGI, CREE, DANG, DWRE, EBAY, EGL, EGOV, EPZM, ESS, EXK, EXPE, FB, FEYE, FRF, FXEN, GK, GLRI, GOOG, HIL, HMHC, IMOS, INGN, IPI, IT, ITC, JDSU, JGW, KEYW, KING, KNOP, KSS, LEAF, LNKD, LRN, MBLY, MELI, MHR, MOS, MRIN, MTBC, MTLS, MTZ, NEWT, NGL, NVAX, P, PCLN, POT, PRGO, RCAP, RCPT, RDN, RRGB, SAFT, SCCO, SFXE, SRT, TMST, TOUR, TRIP, TW, TWTR, VAL, VSAT, WMT, YELP, ZFC, ZFGN

Another flat session overall

Posted by Admin on July 24, 2014

Index & Sector performance 7/24/14 The Market: Another relatively flat session across the broad major indices as earnings continue to drive most individual stock movements. The NASDAQ (QQQ) and S&P 500 (SPY) have both managed to breakout to new 52 week highs this week and hold those breakouts so far but the S&P 500 Equal Weight index (RSP) and Dow (DIA) have yet to follow. The Russell 2000 (IWM) is up on the week but far from new 52 week highs and also seems vulnerable to fill the downside gap left from Tuesday. Speaking of the IWM, we noted in…

Category Tabber, The Nightcap · Tags AAN, ACAT, AEL, AEP, AKAM, ANGI, AON, B, BA, BEAV, BHI, BIIB, CECE, CKEC, CMCSA, CMG, CONE, COUP, COV, CRMD, DAL, DTE, EDU, EMC, EQIX, FB, FCX, FDS, FFIV, FNFG, FRAN, FTI, FTNT, GD, GILD, HBI, HNT, IDXX, IEX, ILMN, JMP, KR, LEA, LPNT, LYB, MATX, MCO, MKTX, MRKT, NS, NXPI, OC, PB, PEP, PLCM, QCOM, R, SEIC, SLAB, SWK, TCB, TEVA, THRX, TQNT, TRI, TYC, UIS, VDSI, VIP, VLP, VNTV, VZ, WBC, WHLR, WIBC

Early dip finds buyers

Posted by Admin on June 26, 2014

Index & Sector performance 6/26/14 The Market: Just before the open the major indices started spiking lower and continued through the bells until roughly 10 am ET before finding a bottom. Then as if nothing happened the market spend the rest of the day climbing back toward even on the day with the S&P 500 (SPY) finishing slightly higher while the other major indices on the WSC Scoreboard finished slightly lower. Just like the broad indices, the individual sectors from the WSC Scoreboard were mixed but all hovering near flat on the day. The Financials (XLF) and Consumer Staples (XLP)…

Category Tabber, The Nightcap · Tags AERI, APOG, AT, ATI, BLMN, CACI, CNC, CRK, EGAN, EGP, EL, EPB, ETE, FB, FRGI, FSC, GIS, GOOG, HAWK, HEAR, ICPT, KMI, KOOL, LRCX, MCK, MON, NBBC, NFLX, NKTR, NMBL, OAKS, OXGN, PANW, PF, PRXL, RESCU, SLB, SMCI, SQBG, SUBK, TAP, TBBK, TCRD, TDW, TLOG, TSLX, TTWO, TWTR, UAL, UHS, ZU

How will traders position for weekend?

Posted by Admin on April 10, 2014

Index & Sector performance 4/10/14 The Market: Today the market not only took back the gains realized yesterday off the FOMC minutes but also the gains from Tuesday’s session leaving fresh closing lows for the week on a roughly 40 point down day in the S&P 500. With only one day remaining in the week, it will be very interesting to see how trader’s position tomorrow ahead of the weekend. We have a hard time believing that traders will be anxious to position long going into the weekend after today. We will be increasingly suspect of any early morning to…

Category Tabber, The Nightcap · Tags AAPL, ABC, ACRX, AEC, AJG, AKAM, ALGT, ALKS, AMBA, ATHL, ATK, AUY, BBBY, CF, CMI, COG, CREE, CRL, CROX, DE, DECK, DXCM, EMC, EPB, EXR, FB, FSL, GPOR, HART, HPQ, IBM, IMPV, IRT, LBTYA, LNT, MEOH, NFLX, NKE, NTAP, NTRI, OLP, ORN, PANW, PCAR, PINC, PROV, PSEC, SHOO, SKX, STBA, STR, TAP, TECD, TEX, TWTR, UGI, UMH, VC, WCC, WEX, WMGI, WWWW, ZUMZ

Monday’s bounce have legs?

Posted by Admin on March 17, 2014

Index & Sector performance 3/17/14 The Market: Today’s rally is not unexpected from Friday’s oversold levels and the early continuation to the downside in overnight trading which took us to the low 1820ES levels we were expecting. Until we see the market get through the 1865-70ES region, this action will be considered only a technical relief rally with more downside/consolidation to come. Economic data to watch for tomorrow is CPI which has core & headline estimates at 0.1% and Building Permits which has an estimate of 0.97M coming off the previous 0.94M. Reporting EPS 3/5/14 Pre-Market: Analyst Comments:

Category Tabber, The Nightcap · Tags AAN, AAPL, ADBE, ALDW, ALE, AMPE, ANN, ARCP, ATW, AVGO, BAX, BHI, BLOX, BRKS, CAM, CBS, CNX, CODE, CVLT, DSCI, DSW, EAC, EDGW, EXR, FB, FDS, FMC, FTNT, GD, GFED, GNC, H, HRS, HTZ, INCY, ISBC, KOG, LLL, LMT, LO, LVLT, MDVN, MEAS, MINI, NNBR, NOC, NOV, PAY, POST, PSA, PTEN, REGN, REXR, RPXC, RTN, SSS, STZ, TCLP, TEVA, TRIP, TSLA, UNP, VMW, VRSN, WTS, WYY, ZNGA

«123 4 5 »

Wall Street Consensus

Recent Commentator Posts

StockTwits Feed