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

Do you buy the dip?

Posted by Admin on January 28, 2014

Index & Sector performance 1/28/14 The Market: In the overnight session the futures managed to recover gaining nearly 20 points from Monday’s lows. When the Durables number was announced and came in much worse than expected the market puled back challenging support but that support held and by the open the market was back near the pre-market highs. The remainder of the day the S&P 500 stayed in a relatively tight trading range with all of the major indices closing higher. In Economic news the Durable Goods numbers came in much worse than expected with Core Durable Goods Orders posting…

Category Tabber, The Nightcap · Tags AAPL, ACT, ADMP, AGII, AJG, AL, BA, BBT, BCRX, BHI, BIIB, BOXC, CELG, CF, CHEF, CHKP, CJES, CLVS, CORR, CTRL, DFS, DG, DGX, DOW, EMC, F, FLWS, FTNT, GILD, GOOG, GSVC, HES, HIMX, IFF, JBLU, LUV, MDVN, MKC, MLM, MPC, MT, MXIM, NVR, NXST, NYCB, OFS, OMC, OMCL, ORBC, PAY, PCL, PKY, PSX, PTEN, RCL, ROP, SANM, SBH, SEIC, SIMO, STX, TTS, TUP, VLO, VMC, WCC, WLP

The Taper begins…

Posted by Admin on December 18, 2013

Index & Sector performance 12/18/13 The Market: A strong day in the market with the gains all coming after the 2 pm EST FOMC report. The S&P 500 was in a holding pattern until just before the report when it started to drop lower. After the report there was a quick spike lower (likely on the headline of bond buying decreasing) and the S&P 500 tagged the 50 day SMA where the index then bottomed and ripped higher. From Peak to Trough the S&P 500 gained rouhgly43 points! In economic news today we saw Housing Starts handily beat expectations (1.09M…

Category Tabber, The Nightcap · Tags AAPL, ACN, ALR, ARCX, ARWR, ATU, CGNX, CHMT, CVS, DEPO, DRI, DTV, EE, EROS, F, FDX, FLDM, FMI, GCI, GILD, GRPN, ILMN, JBL, LSI, LUV, LVS, MCRS, MRTX, MT, NANO, NEOG, PAGP, PIR, QGEN, RH, RRTS, SCCO, SLAB, TSS, TW, TWGP, VCI, WYNN

Retail sales beat, Unemployment drags

Posted by Admin on December 12, 2013

Index & Sector performance 12/12/13 The Market: The market continued picked up where it left losing more ground but not as dramatic as the 1% down yesterday. The majority of the losses where in the beginning part of the day with the market making the lows for the day around 12:30 pm EST and starting to rally. That rally halted around 3pm EST and the market used the last hour to sell off not quite making it back to the midday lows. In economic data, Retail Sales number beat expectations and with Core Sales doubling expectations posting a 0.4% and…

Category Tabber, The Nightcap · Tags AAPL, ADS, AGN, ALTR, ANF, APA, ARMH, BBT, BRX, CBI, CLF, COST, CYTR, DAL, FB, FCX, HBHC, HDS, IAG, INFI, INTC, IRBT, JCI, JDSU, KCG, LB, LULU, LUV, LYB, MHK, MRO, MT, MU, NBBC, NUE, OME, OPTT, ORCL, PCL, PLUS, PRGO, PRGS, QCOM, RLYP, RYN, SHW, SIGM, SNCR, SNDK, SNI, TCK, TDC, TER, TXN, UNS, WY, X, XLNX, ZLC

A low volume flat session

Posted by Admin on November 25, 2013

Index & Sector performance 11/25/13 The Market: Monday’s trading started with some optimism but that was sold in early trading and the market started climbing back toward the highs of the day after a pullback. The rally efforts topped around 2:30 pm EST and the market then declined into the close but after the dust settled it was a flat day. Again volumes were on the light side. Today’s economic calendar was light with only Pending Home Sales on the docket and came in worse than expected posting a -0.6% when 2.2% was expected. Tomorrow we get more housing data…

Category Tabber, The Nightcap · Tags AA, ADT, AET, ALLE, AOL, AUXL, BBRY, BBVA, BKS, BKW, BLMN, BLOX, BRCD, CAT, CMCSA, CRTO, DE, DSW, DVA, EGHT, ESNT, EV, FINL, FIX, FL, FLR, GCAP, GDOT, GFI, HIBB, HRL, HTLD, IR, JCP, KYN, LNC, LUV, MSFT, MTDR, OKE, PAA, PAGP, PLL, QIHU, RDWR, RRD, SCAI, SCHN, SIG, SPNS, SYK, TIF, TWTR, UNH, UNXL, WLP, WMT

China fears helped send market lower

Posted by Admin on October 23, 2013

Index & Sector performance 10/23/13 The Market: Today was a gap own and meander day where the majority f the losses were seen in very early trading and the rest of the day was mostly choppy. News attributed the drop to tightening fears out of China which sent international markets lower but as we have discussed here the market seemed ripe for a pullback. More lower.. In economic data there was not too much today with import prices coming in roughly as expected while the Home Price Index was well below expectations (0.3% vs 0.8%) . Yesterday we had the…

Category Tabber, The Nightcap · Tags ACE, ADS, AEL, APOL, AWAY, BA, BBCN, BEN, BSX, CAB, CAT, CELG, CIT, CL, CNC, COH, CREE, CVGI, DD, DOW, EGBN, EV, EXC, EXPE, F, FCX, FINL, FOSL, GLW, GNTX, GOL, HOT, HSY, IART, IP, JNPR, KMB, KSU, LMCA, LUV, MCK, MDT, MHFI, MMM, MMYT, MO, MOD, NBL, NCMI, NSC, NUS, OWW, P, PCLN, PCP, PNRA, PZZA, RAX, RGP, RTN, SBNY, SFG, SIRI, TRIP, UAL, UNFI, WIRE, WLL, WTW, XEC, XEL, XRX

Daily Wrap

Posted by Admin on January 23, 2013

DJIA +67.12 (+0.49%) to 13,779.33; S&P 500 +2.25 (+0.15%) to 1,494.81; NASDAQ +10.49 (+0.33%) to 3,153.67 All in all today was a nothing as we started around flat and stayed flat the majority of the day until we (again) rallied into the close after lunch. After the close we had Apple Computers (AAPL) report earnings which slightly beat EPS estimates but slightly missed on revenues. The futures dropped at the same time as AAPL reported and started to decline and now stand down about 7 points as I write. Apple (AAPL) clearly is driving discussion after the close and it…

Category Tabber, The Nightcap · Tags AAPL, ABC, ACAT, AGN, ALK, AME, AOS, ARG, AVT, AVX, BAX, BC, BGG, BMY, BPOP, CCMP, CELG, CLP, COH, CREE, CSH, CY, DLX, DOV, EQT, ESI, FCS, GMT, GOOG, GWW, HUB.B, IBM, ISCA, JNS, KCG, KEY, KMT, LMT, LUV, LYTS, MAPP, MDP, MKC, MMM, NMM, NOK, NPBC, ORI, OSIS, PCP, PROV, QSII, RTN, RYN, SASR, STEL, STL, SWK, TAYC, TDY, TZOO, UAL, UCBI, UNP, XRX

«1 23

Wall Street Consensus

Recent Commentator Posts

StockTwits Feed