Markets stop slide, fight back

Posted by Admin on August 4, 2014

Index & Sector performance 8/4/14 The Market: After two strong down days, all 4 indices on the WSC Scoreboard managed to find bottoms and rally with the Russell 2000 (IWM) leading the charge finishing the day 0.89% higher. One note of caution, volume was on the light side when compared to the previous two sessions. Our suggestion would be to watch the first major pullback after today’s move. If it is orderly then the market likely has unfinished business to the upside, otherwise we will likely see another push lower. In individual sectors it was green across the board except…

Category Tabber, The Nightcap · Tags ACM, ACT, ADM, AEE, AEP, AJG, AKRX, AL, ALU, AME, AMRI, AMSC, ANSS, ARCC, ARQL, AWI, BBG, BBW, BCRX, BLMN, BOTA, BXP, BYI, CAH, CCO, CENX, CHTR, CIE, CNK, CNQR, COH, CRZO, CTRX, CVC, CVS, CVX, CYH, DO, DPZ, DRC, DRII, DSCO, DTV, DWRE, ELX, EMR, END, EQT, ESV, EXH, EXPE, FE, FISV, FLT, GPN, GPRE, GTIV, GTXI, HCLP, HCP, HK, HLT, IFF, IIN, INFI, IRT, IT, KOG, KWK, LII, LINTA, LJPC, LMCA, LOPE, LPX, LVNTA, MDVN, MEG, MGM, MLNX, MMP, MOS, MRC, MSI, MWW, NE, NGLS, NGVC, NNN, NTI, ODP, OIS, OPB, OXY, OZM, PEGI, QLGC, REGN, RHP, RIG, RIGL, RPXC, SNSS, SPG, SPR, STLD, SYRG, TDG, TIME, TMH, TMUS, TRGP, VMC, VSI, VTG, WEX, WLK, WNR, WPC, WY, X, ZBRA, ZTS

Low volume rally led by Russell 2K

Posted by Admin on May 19, 2014

Index & Sector performance 5/20/14 The Market: An overall light volume day was led to the upside by the Russell 2000 followed by the NASDAQ 100. In individual sectors, Utilities (XLU) led to the downside followed by the Consumer Staples (XLP) while the transportation index was the largest gainer with components Matson (MATX) and JetBlue (JBLU) up the most gaining 3.05% and 2.42% respectively. MATX and JBLU both appear to be viable long trade candidates going forward. This is an extremely quiet Economic data week with a lot of Fed speak. Earnings will play a role for individual stocks so…

Category Tabber, The Nightcap · Tags ABT, AINV, ALTR, AMBA, APOG, AR, ARCP, ATHL, ATK, ATO, BECN, BIN, BKD, BRCM, CATO, CFN, CHK, CHL, CMGE, CNC, COP, DCI, DECK, DIS, DKS, DLR, DO, ESV, ETFC, EXXI, FI, FPI, GLOG, GMO, GNW, HBI, HCLP, HD, HGG, HPQ, IRWD, ITMN, JBLU, KANG, KEYW, KMB, LGIH, LMAT, LMCA, LPX, MATX, MDT, MIND, MO, MON, MSTR, MTG, MU, NVDA, ORCL, PGEM, RDN, RRGB, SABR, SBRA, SKX, SM, SNX, SPLS, SSI, T, THR, TJX, TRBAA, TXN, VFC, VIAB, VIPS, WPX, ZMH

S&P takes back overnight losses plus

Posted by Admin on May 5, 2014

Index & Sector performance 5/5/14 The Market: The S&P futures moved lower in the Sunday overnight session attributed to weak economic data out of China as well continued unrest in Ukraine. The futures continued lower throughout early trading Monday but found a bottom right at the open on an initial spike lower to 1860.50ES which was quickly bought and the index started a march higher reaching 1880ES by 2:30 pm ET. The index spent the last hour consolidating the near 20 point intraday rally. If 1872ES holds in overnight trading it appears the index could look to make a move…

Category Tabber, The Nightcap · Tags AAPL, ACM, ACOR, ADMS, AEGR, AEL, AEM, AER, AINV, AKRX, AME, AMRI, AMT, ARCC, ARCO, ARIA, ARW, ATHM, BA, BBG, BBT, BEAV, BOFI, BRCD, CBOE, CBT, CEQP, CJES, CLH, CMG, CMLP, CNK, COCO, COP, CRM, CRTO, CRZO, CUBE, CVA, CVD, CVS, DIS, DISCA, DNR, DRC, DTV, DWRE, EDU, EL, EMR, EXH, EXR, FE, FEIC, FEYE, FUEL, GDP, GIL, H, HCLP, HCP, HEAR, HFC, HP, HPT, HSH, HSIC, HST, IFF, IQNT, KING, KOG, KWK, LII, LJPC, LLL, LNG, LQ, LRE, MCEP, MD, MM, MMP, MNTA, MONT, MPW, MRC, MTZ, NBR, NRG, NTI, NUS, OAK, ODP, OZM, PDCE, PEG, PKI, PQ, PSDV, RDC, RHP, RXII, SBAC, SC, SNDK, SO, SPR, SUSS, TAST, TDG, THRM, TLMR, TMH, TSRA, TW, TWX, VMC, VRTS, VSH, VTG, WCC, WCG, WNR, WTS, XRAY, ZBRA, ZTS, ZUMZ

Citi & Retail Sales aid rally

Posted by Admin on April 14, 2014

Index & Sector performance 4/14/14 The Market: The S&P 500 started lower in Sunday’s overnight session but quickly found a bottom and moved off the lows into early trading. Met with better than expected retail sales and an earnings beat by Citigroup (C), the rally continued until just after noon ET before topping out and starting a slide back toward the overnight lows. It appeared the market was yet again faced with a late day sell off but with one hour left in trading the S&P 500 found a bottom and snapped back toward the highs of the session….

Category Tabber, The Nightcap · Tags ABBV, ABT, ACOR, ACRX, AKBA, AMTD, APAM, AUDC, BCRX, BLMN, BOFI, BSX, C, CAMP, CIB, CMFN, CPRX, CQP, CWEI, CYH, DDD, ECOM, EW, FFIV, FLDM, GDP, GLBS, GLW, H, HCLP, HTWR, IDXX, JNJ, JPM, KIN, LNC, LNKD, LVS, MA, MCC, MDWD, MMP, MR, MSFT, NE, OFC, OSK, P, PANW, PCTY, PFG, PKG, PSMT, QTWO, RAD, SCHW, SSYS, ST, STX, TTMI, ULTI, V, WFC, WFM, WSM, XOOM, XRS, YHOO

Russell leads Indices lower

Posted by Admin on March 24, 2014

Index & Sector performance 3/24/14 The Market: The Bull missed a great opportunity in our opinion when a late day rally stalled and failed to get above the 1856.50ES resistance and they even had the opportunity to close up on the day. Now the 1852-56.50ES region should act as resistance and leaves the door open for an overnight drop toward 1840ES and then further 1827ES. In Economic Data we had Manufacturing PMI come in lighter than expected but the previous number was revised higher . Tomorrow the market will be watching Consumer Confidence and New Home Sales. Reporting EPS…

Category Tabber, The Nightcap · Tags AAOI, ABMD, ACHN, AEP, AGNC, ALSN, AMAT, AMTG, ARR, AXLL, BAC, BBCN, BSX, BWLD, CACH, CCL, CECE, CLVS, CRK, CYS, DSGX, ESS, EVER, FBIZ, FBNC, FIBK, FLML, FWRD, GCI, GIII, HCLP, HDS, IRBT, IT, KEYW, L, LGCY, LINE, LNCO, MKC, MMYT, MTW, NCS, NEOG, NGHC, NTAP, OIIM, ONE, OSK, PCAR, PETX, PLCM, PM, PNC, PTEN, QCOM, QRE, QUNR, REI, ROST, RXDX, SLM, SSYS, SUSS, SYMC, TFX, TIF, TMUS, TRBAA, UAL, USB, VMW, WAG, WFC, WLP, WMC, YELP, ZION

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

Daily Wrap

Posted by Admin on May 13, 2013

DJIA -26.81 (-0.18%) to 15,091.68; S&P 500 +0.07 (+0.00%) to 1,633.77; NASDAQ +1.07 (+0.04%) to 2,982.09 Today was more active than the change on the day and even the Daily chart might show as early trading started with a small gap down and then a strong move lower until 10am EST when the S&P 500 finally bottomed and then rallied roughly 10 points to noon est where it spend the remainder of the day consolidating closing a few points off the day’s highs. In company news Monsanto (MON) received a positive Supreme Court ruling that essentially stated that Farmers cannot use MON’s seeds to create new…

Category Tabber, The Nightcap · Tags AMAP, BEN, BKS, CTRP, DELL, ELN, ENDP, ESRX, GFN, GSK, GSOL, HCLP, JOSB, LYB, MON, MSFT, PATH, THRX

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