Big follow through session

Posted by Admin on December 18, 2014

Index & Sector performance 12/18/14 The Market: Following on the rally after the FOMC statement release yesterday, today gaped higher and never looked back with the S&P 500 (SPY) finishing up 2.50%. Yesterday’s leader, the Russell 200 (IWM), was today’s laggard but still finished up 1.45%. Unlike previous sessions where the markets seem to take their cue from Oil, today the markets rallied even while oil continued its slide. Again as would be expected on a day like today, all of the individual sectors were higher with Technology (XLK), HealthCare (XLV), Industrials (XLI), Financials (XLF), and Materials (XLB) all finishing…

Category Tabber, The Nightcap · Tags ALLT, AMD, ARCC, BBRY, BHI, BLOX, BRKR, CCL, CDE, CIO, CPHD, CPT, CRK, CRNT, CYBR, CYH, DISH, DXLG, FDX, FI, FINL, FTI, GLW, GPRO, H, HCA, HIL, HLT, HOLX, HOS, HOT, IHS, IMMY, INTC, INTU, IOC, JOY, KEX, KLXI, KMX, LPNT, LRCX, MAC, MAR, MEIP, NCLH, NSLP, OII, OIS, ORCL, OVAS, PAYX, PFE, PNTR, PPG, PSEC, PTCT, QGEN, RCAP, RCL, SAM, SBNY, SIMG, SLXP, SNDK, SPN, SPWH, STKL, SYF, THS, TPC, TRGP, TTPH, TWC, TXN, UHS, VLO, VOLC, WBC, WHR, WSM, ZAGG, ZEN

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

Volatility the new norm

Posted by Admin on October 16, 2014

Index & Sector performance 10/16/14 The Market: A session like today may look uneventful when scanning the WSC Scoreboard and looking at the end of day changes but it masks the large intraday swings. An example is the S&P 500 (SPY) had a roughly 50 point range from high to low today (5 points in the SPY) which represents nearly 3% based on today’s opening price. Traders and investors need to be prepared for an environment with increased volatility which could last for an extended period. The Russell 2000 (IWM) remains the clear leader of late finishing up over 1%. …

Category Tabber, The Nightcap · Tags ABBV, AFSI, APD, APO, AQXP, ARW, ASML, AXP, BAC, BC, BIDU, BK, BLK, BMRN, BMY, CAP, CASY, CBSH, CFR, CLD, CMA, CMRX, CRM, CSX, CYH, DHR, DIS, EBAY, EQM, EXTR, FEYE, FHN, FLT, FMC, FRAN, FSL, FTK, GE, GEVA, GGG, GLOG, GPOR, HBAN, HCA, HCC, HON, HST, ILMN, JWN, KSU, LPNT, LULU, LVS, MEIP, MMP, MS, MTB, NFLX, NSC, OZRK, PKG, RARE, RH, RIO, RNET, SPA, SPHS, STI, STJ, SWAY, TAL, TCK, TGH, THC, TIF, TRS, TWX, TX, TXT, UHS, URBN, VIAB, VNOM, WFC, WMT

Argentina default rattles global markets

Posted by Admin on July 31, 2014

Index & Sector performance 7/31/14 The Market: A sea of red today on the WSC Scoreboard with all 4 major indices closing strongly lower led by the Russell 2000 (IWM). Major media outlets pointed to weakness overnight in International markets caused by Argentina’s default. Looking at the technicals, the S&P 500 (SPY) and the Dow (DIA) both clearly lost their 50 day moving averages on a closing basis and did so on an increase in volume. The NASDAQ (QQQ), which has been this year’s strongest performer, is still a few percent above the 50’s while the Russell 2000 (IWM) has…

Category Tabber, The Nightcap · Tags ACHC, AET, AMT, ASGN, BAH, BBSI, BEN, BHB, BOKF, BWLD, CAVM, CCG, CLF, CNC, CODE, CTRP, CYN, DDR, DRII, ECL, EQIX, EROS, EVER, FOXF, GFIG, GLUU, HAE, HBAN, HCA, HES, IACI, ICLR, IPHI, ISIL, KAI, KEX, KORS, KRFT, LLL, LLY, LPLA, LRCX, LULU, MAR, MET, MINI, MOBL, NOW, NTK, OTEX, QCOM, RJF, RKUS, RYAM, SGNT, SIMG, SLCA, SLM, SM, SODA, SPB, TRN, TTEK, WDC, WFM, WIN, WLL, WLP, X, XNET, YELP

Lots of data yields flat finish

Posted by Admin on July 30, 2014

Index & Sector performance 7/30/14 The Market: Lots of Economic Data/announcements in today’s session but when the dust settled it was surprisingly a flat session with the NASDAQ (QQQ) and Russell 2000 (IWM) leading while the Dow (DIA) finished slightly lower and the S&P 500 (SPY) finished slightly higher. The leading sector on the WSC Scoreboard was Retail (XRT) finishing the day up 1% however Retail remains the only individual sector on the WSC Scoreboard that is down for the year. The laggard was the Utilities (XLU) and decisively so finishing the day down 1.69%. We remain interested in some…

Category Tabber, The Nightcap · Tags ACIW, ACOR, ADP, AGNC, ALK, ALKS, AMCC, APA, ARW, ATK, AVP, AXP, AYR, BDX, BG, BGCP, BGFV, BKCC, BLL, BWA, BZH, CARB, CDW, CHTR, CI, CL, CLD, CLF, CME, CNSL, COMM, COP, CRAY, CVI, CVRR, DDD, DLPH, DNBF, DOX, DSX, DTV, ECA, EMN, ENB, ENDP, EPD, ESV, ETN, EW, EXC, FCH, FCN, FIG, FTR, GNRC, GNW, GTLS, HCA, HIVE, HL, HP, HST, IMN, INCY, INVN, IRDM, IRM, ITG, ITT, IVR, IVZ, K, KBR, KMT, KORS, LIQD, LKQ, LLL, LM, LVLT, MA, MARA, MCK, MD, MMC, MMSI, MNTA, MPC, MSCI, MTOR, MW, NGS, NI, NLSN, NOV, NWL, OCN, ODFL, OPLK, OSK, OXY, PCG, PCRX, PES, PLT, PNR, PNW, PPL, PSUN, PWR, Q, RAS, RESI, RFP, RKUS, RRTS, RYL, SAFM, SAVE, SBH, SCG, SDRL, SFY, SHOO, SNMX, SQNM, SSB, STAY, STRZA, TE, TKR, TMUS, TRW, TWC, TWTR, UAL, UFS, ULTI, UPL, UTHR, VG, VNTV, VTG, VZ, WCG, WDR, WIN, WLT, WWE, XEL, XOM, XRAY, ZLTQ

Early dip finds interested buyers

Posted by Admin on July 28, 2014

Index & Sector performance 7/28/14 The Market: Early moves lower in the broad market indices soon found buyers and managed to finish the day near flat on the session with the Russell 2000 (IWM) continuing to lag. The DOW (DIA) played MA pinball with the lows in the early session touching the 50 day EMA while the highs of the session back tested the 20 day EMA. The stand out sector from the WSC Scoreboard was the Utilities (XLU) finishing up X% higher on the session. Every name in the sector ETF was higher and that vast majority were up…

Category Tabber, The Nightcap · Tags AAL, AAN, ABAX, ACI, ACRX, AEGR, AET, AGCO, AKS, ALK, ALLY, AMG, AON, ARCP, ARRS, ARW, BAS, BDN, BIDU, CAM, CDE, CIB, CIT, CLB, CLF, CNX, COG, COV, CPN, CSCO, CVLT, DHT, DK, DLR, DSW, DSX, DYN, ECL, EE, EL, ENPH, ENTG, EQM, EQT, ESRT, ETN, ETR, FBIZ, FIS, FSRV, FSS, GILD, GLPI, GLRE, GLW, GNC, GPOR, HCA, HOT, HRZN, HTBK, HW, ICON, INFA, INVN, IP, ISTR, ITW, JNPR, KLIC, LEA, LO, LPNT, LTM, LUV, LVLT, MDC, MDSO, MDXG, MHFI, MLM, MMC, MRK, NBL, NEE, NEP, NERV, NLSN, NOV, NR, NS, NSH, NYT, OSK, PBI, PCAR, PCG, PFE, POR, QRE, RAI, RAS, RNA, RSO, RYN, SAVE, SBAC, SFE, SIRI, SMTC, SNCR, SSE, ST, TEX, TRP, TRW, TWC, TWX, UDR, UHS, UPS, UTHR, VSH, WCG, WDR, WLB, WM, WSFS, WYNN, XRX, XYL, Z, ZMH

GDP disappoints but market ignores

Posted by Admin on April 30, 2014

Index & Sector performance 4/30/14 The Market: As you can see in the table below, the U.S. Q1 GDP number came in well below expectations. While Q1 was not expected to be a high growth quarter, clearly analysts did not expect a near negative number. Certainly the colder than expected weather could have and likely did play a role but on our opinion you cannot completely blame a miss like this on the weather. So why might traders and investors be willing to look past this data besides the weather? Possibly because a number like this allows the Fed to…

Category Tabber, The Nightcap · Tags ABMD, ACE, AFL, AFOP, AFSI, AGCO, ALLY, AMC, AMG, AMT, ANR, ANSS, APAM, ARG, AUXL, AVP, AWAY, BDX, BG, BGCP, BHI, BKCC, BLL, BWA, BZH, CAH, CERN, CI, CIE, CLD, CLVS, CLX, CME, CMI, CNP, CNX, COH, COLM, COP, CPN, CROX, CSCD, CTRX, CVI, DDD, DPZ, EIX, ENDP, EPB, EPD, ESV, EXAS, FCH, FCN, FIG, FIS, FRGI, FSS, FTK, GNRC, HAR, HCA, HD, HST, IDCC, IIVI, INCY, IQNT, IRDM, IRM, IT, ITC, ITT, IVZ, JAH, K, KLIC, KMT, KRC, LAZ, LHO, LII, LINE, LLL, LM, LNCO, LOGM, MA, MAR, MD, MDC, MEOH, MERC, MFA, MGM, MOD, MPC, MRK, MSI, MTOR, MWE, MWW, MYL, NDAQ, NGLS, NICE, NLSN, NNN, NUVA, O, OCN, OGE, ORB, ORCL, PCG, PCRX, PDS, PEG, PES, PPL, PRLB, PWR, Q, REXX, RFMD, RFP, RGLD, RJET, RM, RRD, SBH, SFY, SHOO, SNMX, STBA, STM, STRZA, SWC, TBBK, TCBI, TEVA, THLD, THRM, TMH, TMUS, TQNT, TRIB, TXT, UA, UPL, VG, VIAB, VICL, VIPS, VLO, WDR, WLT, WST, WWE, XEL, XOM, XYL, YRCW

Intraday swing leave only small gains

Posted by Admin on April 28, 2014

Index & Sector performance 4/28/14 The Market: After moving slightly higher in the overnight and early trading, the S&P 500 quickly dropped in the midday session before finding a bottom around 1:30 pm ET. While the S&P fell a few points short of making it back to the earlier intraday highs, it did manage to post a small gain on the day. The Dow led the major indices helped by a 4.2% gain from Pfizer (PFE) while the Russell 2000 closed slightly down on the day. Many big name stocks in the news including the aforementioned Pfizer (PFE) who…

Category Tabber, The Nightcap · Tags ADM, ADSK, AEP, AGCO, AGN, ALK, ALR, ALTR, AMG, AON, APD, ARRY, AZN, BBRY, BCE, BHI, BKW, BMY, BRK.B, BSX, CFX, CHKP, CIT, CL, CLH, CMI, CMLS, CNX, COH, CORI, CRTO, CTL, CTXS, DBD, DDD, DECK, DWA, EMN, EQM, ESV, ETN, F, FLIR, FRX, GAIA, GAS, GEO, GILD, GPOR, GST, GT, GTLS, HCA, HCBK, HIBB, HOG, HOS, HOT, HRS, HUN, HW, IPGP, IRWD, KLIC, LCNB, LEA, LKQ, LYB, MCBC, MDCA, MGI, MGM, MHFI, MLM, MOG.A, MRK, MTH, NU, OSK, PBH, PCAR, PES, PFE, PH, PNRA, POR, RBA, ROK, RRST, RUBI, RYN, S, SAIA, SAVE, SGMS, SLAB, SPN, ST, TEDU, TROW, TRW, TWC, UDR, UHS, USG, UTHR, VLO, WAIR, WAL, WAT, WDR, WFT, WLT, WWW, XYL

Off the 150 day and up

Posted by Admin on February 5, 2014

Index & Sector performance 2/5/14 The Market: In the News: The following noteworthy companies are scheduled to report earnings before tomorrow’s open: PM, AET, EXC, CMI, NBL, K, PPL, PRGO, ADS, SIAL, WEC, TW, AAP, VMC, DO, TDC, KKR, SNA, CSL, NUS, ODFL, AOL, PTEN, USG, NYT, FSC, HCLP, NILE Analyst Comments: The Game Plan:

Category Tabber, The Nightcap · Tags AAP, ABG, ADS, AET, AGCO, AGNC, AMP, ANGI, AOL, BBG, BEAV, BHE, BWLD, CENX, CHD, CMI, CNC, CODE, CRR, CSGS, CSL, CVS, CWEI, DATA, DDD, DECK, DO, ETN, EXC, FNV, FSC, GD, GILD, HAIN, HCA, HCLP, HIG, K, KKR, KORS, LH, LLL, LMT, MBT, MHFI, MRK, MSG, MYGN, NBL, NILE, NOC, NUS, NYT, OAS, ODFL, PH, PM, PPL, PRGO, PTEN, RENT, SIAL, SIRI, SNA, ST, TDC, TDG, TGI, TW, TWTR, TYG, UAM, ULTI, USG, VALE, VMC, VRNT, WAIR, WEC, Z, ZION

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