Low vol narrow holiday trading range

Posted by Admin on November 25, 2014

Index & Sector performance 11/25/14 The Market: Another uneventful holiday trading session across all 4 major indices on the WSC Scoreboard. Action was also muted across the individual sectors with the exception of Energy (XLE) which lost 1.63%. For XLE traders our take is that the lows may hold but we would either be looking for an opportunity to buy lower or on a break above $89.25. In Economic data, estimated 3rd quarter GDP growth came in better than previously reported while Consumer Confidence and the Richmond Manufacturing Index both missed expectations. Tomorrow there is a slew of data including…

Category Tabber, The Nightcap · Tags AAPL, ABAX, ACE, AMBR, AMT, APA, AVGO, AVIV, BBW, BEAV, BIN, BKU, BMRN, BRCD, BYD, CASY, CYBR, DE, DSGX, ECPG, ESS, EVR, FMX, FSAM, GLNG, GMLP, HMST, JACK, JBLU, KCG, KOF, LEN, MANT, MDT, MHR, NDLS, NFLX, NLNK, NPD, NUS, OPY, OUTR, P, PANW, PFMT, PJC, PNK, PRAA, PZZA, RHI, RJF, SF, SOL, SQI, TDY, TEVA, TJX, TUP, UNT, URI, VRTV, VTNR, WDAY, WERN, WPZ

EPS helped shrug off bad overseas data

Posted by Admin on November 20, 2014

Index & Sector performance 11/20/14 The Market: It doesn’t look like the S&P 500 (SPY) had a strong session but considering the futures were down roughly 10 points pre-market reportedly due to weak data out of Europe and China, to finish up a few points is a strong showing. Yesterday’s laggard was today’s leader as the Russell 2000 (IWM ) finished up over 1% clawing back most of yesterday’s losses and the Dow (DIA) was helped by Intel (INTC) which gained 4.66% after announcing a dividend hike and solid 2015 expected revenue growth. In individual sectors, Retail (XRT) led today…

Category Tabber, The Nightcap · Tags AAPL, ACT, ADBE, ADEP, AGII, ANIP, ANN, ARE, ASML, ATHN, ATO, AVAV, BANC, BBY, BCE, BEE, BERY, BIOS, BOBE, BXP, CBST, CERN, CGNX, CLF, CPSI, CRM, CSTM, DDD, DFT, DNR, DO, DOW, DUK, DXLG, EJ, ENR, EPM, EQR, ESI, FARO, FL, FSP, GALE, GMAN, GOOG, HAE, HIBB, IRBT, ISIS, JACK, JBLU, JEC, KAR, KIRK, LB, LOW, LYB, MAC, MDCO, MDRX, MIK, MOLG, NGLS, NORD, NSSC, OCN, OPLK, PANW, PERY, PETM, PMC, PRI, QSII, RCI, REGN, SAPE, SC, SIRO, SMRT, SMTC, SPB, SPLS, STRM, SYF, TGT, TNP, TPUB, TRUE, TU, TXT, VIPS, WSM, YUM

Tight trading ends with pop higher

Posted by Admin on November 18, 2014

Index & Sector performance 11/18/14 The Market: After multiple sessions trading in a tight range the broad indices broke-out to new highs. It is worth noting that volume was again light but that has been the case throughout much of this recent rally after the mid October bottom. In the after hours session the futures started to give back some of today’s gains so we will be looking to see if today was a false breakout which gives way to a pullback or if the indices can hold. In individual sectors, HealthCare (XLV) led finishing 1.61% higher helped by strong…

Category Tabber, The Nightcap · Tags A, AAPL, ACT, ADHD, AEC, AGN, ALDX, ALG, ALGT, CANF, CBS, CI, CJES, CLB, COV, CRAY, CSIQ, CSTM, CVI, DEST, DISCA, DK, DLTR, EA, EJ, EOG, FB, FET, FI, GIB, GMCR, HCP, HIMX, HLX, HNT, HP, HTZ, IOC, ISIL, LITB, LOW, M, MDT, MGI, MNK, MPC, MTW, NBR, NBS, NGD, NORD, NTWK, OMAM, OTEX, PANW, PBH, PDCE, PSX, PTEN, RMD, SALT, SHLD, SJM, SNDK, SNR, SPLS, SPN, SSI, TENX, TEX, TGT, THOR, TRVN, TSE, TSN, TSO, TTEK, TXRH, TYC, UA, UAM, UNH, URBN, VFC, VLO, WAC, WCG, WFC, WLP, WMGI, WNR, WRES, YHOO

Merger Monday doesn’t help market

Posted by Admin on November 17, 2014

Index & Sector performance 11/17/14 The Market: Despite a very active M&A session, it was yet another very tight trading range in the S&P 500 while the NASDAQ (QQQ) lagged and the Russell 2000 (IWM) led to the downside. In deals we saw Allergan (AGN) agree to be acquired by Actavis (ACT) for a combination of cash and ACT stock which totaled $219 per share. Valeant Pharmaceuticals (VRX) who had also been trying to buy AGN stepped aside not feeling comfortable they could justify the valuation to shareholders. Two more big names in M&A news as Halliburton (HAL) announced it…

Category Tabber, The Nightcap · Tags AAP, AAPL, ABY, ACRE, ACT, ADT, AEG, AFSI, AGN, ALB, ALDW, ALGT, ALIM, ALL, ALNY, ANF, APOG, AR, ATK, BBY, BCC, BHI, BITA, BLOX, BRX, BXP, CHK, CLDX, CLH, CONE, CPXGF, CRM, CSTM, CUBE, CUDA, DBVT, DKS, DNR, DRI, ECC, ECR, ENVA, EPAM, EXR, FENG, FES, FNSR, FOLD, GLRI, HAL, HBI, HD, HL, HTZ, IMPV, JASO, JDSU, JGW, KERX, KITE, KMX, KNOP, LEAF, MANU, MDAS, MDLY, MDT, MELI, MHFI, MIK, MRC, MRVL, MSTX, MTD, MTG, MTZ, NWE, ODP, ORBK, OZRK, PANW, PF, PFLT, PG, PRTO, PSA, PSX, PTN, RIGP, ROG, RPAI, RSE, RYN, SDPI, SFXE, SMCI, SPWR, SSS, SXL, SYNA, TCO, TDG, TJX, TRIP, TTEK, TUBE, TXRH, VJET, VOLC, VOYA, VRX, VVTV, WWD, XOOM, YOKU

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

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

Tech leads quiet up session

Posted by Admin on September 10, 2014

Index & Sector performance 9/10/14 The Market: Administrative note: we will be traveling the remainder of the week so there will be no updates after tonight. A nice bounce back in the markets after yesterday’s late day sell off. The leader in the broad indices was the NASDAQ (QQQ) keying, again, off Apple (AAPL) which finished the session up 3.07%. After being a relative outperformer yesterday in a bad tape, HeathCare (XLV) was the leader on the WSC Scoreboard today finishing the session up 0.70%. Utilities (XLU), yesterday’s biggest loser, saw more downside follow-through finishing the session 0.44% lower. Also…

Category Tabber, The Nightcap · Tags AAPL, AUXL, BP, BYD, CAT, CHTR, CMCSA, CMG, COH, CPE, CTXS, DIOD, DRI, DTV, EBAY, EQIX INXN, EQT, ETP, FCS, FLWS, FPI, GTAT, HIG, HK, HUN, IMPV, ITW, KR, LB, LEJU, LULU, LUV, MBUU, MGAM, MSFT, NFLX, NPSP, NXPI, OLED, ONNN, PANW, QTS, RFIL, RM, SAVE, STM, SUSP, SWI, SXL, TIF, TITN, TMH, TPLM, TSN, TTOO, TW, TWC, URBN, VMW, VNET, VRA, VTL, WAFD, ZTS

Market awaits Jobs number

Posted by Admin on September 4, 2014

Index & Sector performance DATE The Market: Today’s action started off higher after the ECB lowered rates and took added measures to try and stimulate the economy but the gains were short lived peaking about an hour after the open and faced selling pressure the remainder of the session. It was not surprising to see follow-through to the downside after yesterday’s Bearish Engulfing candles but so far the downside has been contained. In individual sectors, the Transports (IYT) led gaining 0.72% while the Retail (XRT) was a close second finishing up 0.59% on the day and after spending a majority…

Category Tabber, The Nightcap · Tags BKW, BP, BV, BWS, COP, CPA, CPE, CRM, CSOD, CTP, CTXS, DDD, ELLI, FISV, FL, GOL, GPK, GPRO, HAL, IACI, INDB, INFA, INFI, IRWD, LTC, MAR, MDSO, MSFT, MU, N, NAV, NGHC, NOW, OI, ORCL, OREX, PANW, PEBO, PKG, PNM, QLIK, RIG, SEE, SHOO, SKX, SNDK, SQNS, SSYS, TDC, TDY, TNGO, VNCE, VRNS, VTNR, WWW, WYN

Merger denied, collaboration approved

Posted by Admin on July 16, 2014

Index & Sector performance 7/16/14 The Market: A small up session in the market was helped by solid earnings reports in the morning and a potential huge media merger between Time Warner (TWX) and Twenty First Century Fox (FOXA). FOXA offered $85/share but were turned down by TWZ. This sent shares of TWX screaming higher finishing the day up 17.07% as traders reevaluated TWX’s worth and also speculated on increased offers. In other corporate news, Apple (AAPL) announced they will be teaming up with IBM (IBM) to provide business mobile solutions. BlackBerry (BBRY) was negatively affected by the news finishing…

Category Tabber, The Nightcap · Tags AAL, AAN, AAPL, ADS, ALK, AN, ATW, BAX, BHI, BKD, BX, CBSH, CMA, CMCSA, CSH, CY, DHR, DOV, ECR, ESV, FCS, FEYE, FITB, FOXA, FTNT, FXCM, GSKNF, GWW, HLSS, HSY, IBM, IMAX, INTC, ISR, JBHT, JNPR, JPM, KO, MAS, MAT, MILL, MLNX, MNST, MON, MS, MTB, MTDR, NEO, ORB, PANW, PCRX, PFPT, PM, POOL, POT, PPG, PSG, PVTB, RDUS, ROST, SAP, SAVE, SHW, SJW, SNA, SON, SYMC, TREC, TTWO, TWC, TWX, TZOO, UNH, USG, UTEK, WBS, WDC, YHOO

Utilities big loser ahead of Jobs data

Posted by Admin on July 2, 2014

Index & Sector performance 7/2/14 The Market: The WSC Scoreboard was relatively flat to mixed with the Dow (DIA), S&P 500 (SPY), and NASDAQ (QQQ) closing slightly higher while the Russell 2000 (IWM) finished 0.35% lower. In individual sectors, the Utilities (XLU) stood out as the biggest loser finishing 1.99% lower on the day and appears vulnerable to even more downside action after being the leader so far in 2014. Every stock in the XLU finished down on the day with some finishing down over 3% including Exelon (EXC), FirstEnergy (FE), and Entergy (ETR) down 3.11%, 3.50%, and 3.25% respectively. …

Category Tabber, The Nightcap · Tags AAL, AAPL, ABBV, ACT, AMAT, APL, ATLS, AWI, BBSI, BHI, BLRX, BMY, BZH, CFX, CRTO, CRZO, CSIQ, CSTE, CXO, DDD, DIS, DRWI, ENPH, ENV, EOG, EPB, ETN, ETR, EXC, FBHS, FE, FTNT, GLUU, HIW, HRL, IBCP, ICPT, IPG, ISCA, JDSU, LLY, LMCA, MAS, MCF, MM, MRK, MW, NGLS, OC, OHI, ORCL, PANW, PFE, PINC, PKD, PKE, PLT, RGSE, SCTY, SSYS, STCK, STEM, SUNE, SWK, SXE, TGTX, TRGP, TWX, URBN, USB, USG, UUUU, VET, VIPS, WBMD

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