Greece rules headlines in slow session

Posted by Admin on February 9, 2015

Index & Sector performance 2/9/15 The Market: Losses across the WSC Scoreboard with the Russell 2000 (IWM) leading the way followed by the Dow (DIA), which was affected by McDonald’s (MCD) finishing down 1.35% after reporting a drop in January sales of 1.8%. Otherwise traders seem focused on the continued fighting between Greece and the Eurozone. Energy was the only sector on the WSC Scoreboard to finish higher but it wasn’t by much and was helped by Oil continuing its recovery. Today’s biggest laggard was HeathCare (XLV) which finished down 1.18% followed by Transportation (IYT) down 0.99% and Utilities (XLU)…

Category Tabber, The Nightcap · Tags AA, AAN, AAP, AAPL, ABBV, ABX, ACM, ACSF, ACT, AGII, AHP, AIG, AIN, AINV, ALR, ALSN, AMAG, AMC, AMKR, ANF, ANH, AON, ARUN, ARWR, ASNA, ATHN, BC, BEE, BMR, BPL, BRCM, BRS, BSAC, BWLD, CAPL, CCK, CDW, CENX, CERN, CHSP, CME, CMI, CMP, COH, CONN, COTY, COUP, CPE, CPT, CRH, CRIS, CRK, CSC, CVS, CYNO, DAC, DECK, DF, DISCA, DISH, DNB, DRH, ECR, EGL, EMR, ENSG, ENTG, EPM, ESE, FCH, FCX, FELP, FLIR, FMD, FSC, FTR, FWRD, GEN, GG, GIG, GLW, GPK, GPRO, GSM, GT, GWR, H, HABT, HAFC, HAIN, HCP, HIIQ, HMN, HNT, HOT, HRS, HST, ICUI, IMN, INSY, INTL, IPHI, IRWD, JD, KEY, KKR, KO, KRFT, KS, LGF, LNC, LNKD, M, MANT, MCC, MCO, MERU, MFLX, MLM, MMC, MODN, MOH, MOS, MRH, MTDR, MTGE, MUR, MWW, MXL, NBIX, NEWP, NGL, NILE, NRCIB, NSP, NTES, OB, OESX, OFC, OMC, OTTR, OZM, P, PAA, PAGP, PBR, PCG, PFE, PHH, PII, PINC, PKY, POST, PRI, PRU, PXD, QLYS, RAI, REGN, RF, RHP, RLD, RLGT, RX, SALE, SAVE, SBSI, SEE, SFUN, SGM, SHAK, SPG, SSNI, SWIR, SYMC, TAP, TDW, TRIP, TWTR, ULTR, UNIS, UNM, USG, VRML, VRX, VTTI, WCN, WETF, WPP, WYN, XOM, YELP

Off the 200 Day and up

Posted by Admin on February 2, 2015

Index & Sector performance 2/2/15 The Market: The S&P 500 (SPY) started the session lower but found support just slightly above the 200 day SMA which has not been visited since October 2014. After an initial pop and then pullback the index rallied the remainder of the session to finish over 30 points off the lows. So far in the after hours the index is holding the gains and consolidating. Today’s action should be very promising for long traders and you know your stops — below today’s lows. The leading sector on the WSC Scoreboard was Energy (XLE) finishing up…

Category Tabber, The Nightcap · Tags ACI, ACSF, ADM, ADVS, AEIS, AEP, AET, AFG, AGCO, AGN, AGNC, AMC, AMID, AMP, AMTG, AN, APA, APAM, APC, AR, ARE, ARG, ARR, ARRY, ARWR, ATHX, ATW, AUPH, BABA, BBG, BCEI, BERY, BIIB, BKH, BZH, CAM, CEQP, CHK, CIE, CJES, CLF, CLR, CNC, COG, COMM, CPE, CRK, CRZO, CYS, DAL, DECK, DFT, DIS, DISH, DMND, DOV, DPM, DVN, DY, ECR, EDR, EGN, EGP, EMN, EMR, ENBL, ENLK, ENR, ENTR, EPE, EQT, ETN, EVR, EXLP, EXXI, FANG, FITB, FMSA, FN, FTI, FUN, GAS, GCI, GDOT, GDP, GGP, GHDX, GHL, GLAD, GLPI, GPOR, GRUB, HASI, HCA, HCLP, HEOP, HES, HIG, HK, HP, HRC, HTWR, HW, IBKC, ICE, IDTI, IMS, IR, JBLU, JD, KATE, KR, LEA, LINE, LLNW, LM, LMNX, LMOS, LODE, LPI, LPT, LYB, MA, MBFI, MC, MDU, MMSI, MNK, MO, MORE, MPLX, MPO, MRD, MRO, MTSC, MTSI, MTX, MUR, MWE, MWV, NANO, NBL, NBR, NFG, NFX, NGLS, NOG, NOV, NS, NSH, NYMT, NYT, OHI, OHRP, OI, OPHT, OXY, PDCE, PDS, PE, PES, PNR, PODD, PQ, PRXL, PTEN, PTP, PVA, PXD, QEP, R, RCII, RCL, RDC, RDUS, REGN, RGA, RICE, RIG, ROSE, RRC, RSPP, RTEC, SAIA, SFY, SGY, SHEN, SLCA, SM, SMLP, SMPL, SPR, SSE, ST, SWN, SXE, TGI, THC, TKR, TMK, TNAV, TNET, TPLM, TRGP, TWO, TWX, UAL, UDR, UNIS, UNT, UPL, UPS, USAC, VIAB, VLP, VNOM, VZ, WDR, WERN, WES, WEX, WGP, WLL, WPX, WR, WRLD, WTI, WU, WYN, XEC, XELB, XL, XOM, XON, ZINC, ZQK

Back test of the 20 & down

Posted by Admin on December 11, 2014

Index & Sector performance 12/11/14 The Market: Strong optimism in early trading was attributed to better than expected Retail Sales numbers and Unemployment Claims along with the stabilization of oil but in midday trading, after the S&P 500 (SPY) had rallied back to re-test its 20 day SMA, oil started to slide and took the SPY with it. While the table above shows the SPY up on the session, as it currently stands those gains have been entirely erased in the aftermarket. We will be watching the overnight session to see if the S&P can stabilize, reverse, or if it…

Category Tabber, The Nightcap · Tags ABBV, ABCO, ALTR, AR, AREX, ARIA, ATHN, AVT, BDC, BEAVV, BRX, BXP, CALD, CLR, CNX, DOX, ECR, EOG, EPE, EQR, EVR, FLR, FSFR, GDP, GLOG, GPOR, HCN, KEYW, LC, LLY, MAC, NFX, OAS, PCAR, PLD, PPS, PXD, SN, SPG, SPLS, SWC, SYRG, TC, TCO, TGP, TOL, UNFI, UTHR, VNOM, VTL, VTR, WLL, WPX

Watch out for traps

Posted by Admin on December 9, 2014

Index & Sector performance 12/9/14 The Market: The S&P 500 found itself down over 20 points within the first hour plus of trading as traders pointed to concerns over China and Greece. Throughout the early drop the Russell 2000 (IWM) remained strong down only a fraction of the other indices and then was the first to turn positive on the day. The IWM’s resilience continued throughout the remainder of the trading session and finished the clear leader. Today’s action certainly feels like another Bear trap where the market looks as though it is about to start a major prolonged slide…

Category Tabber, The Nightcap · Tags AB, ACE, ACGL, ADS, AEO, AGN, AJG, AKRX, ALL, AMAT, AMG, ANET, AON, APA, APAM, ATHN, AVY, AXP, BCC, BCRX, BEN, BERY, BLK, BLUE, BMS, CARA, CB, CCK, CELG, CHKE, CMN, CNSI, COH, COP, COST, CSCO, CTB, CXO, DDC, DDS, DFS, DOV, DWA, EOX, EV, EW, FGEN, FGP, FII, FITB, FRAN, FRGI, FSFR, GDOT, GILD, GPOR, GRMN, HAFC, HALO, HCP, HOV, IP, IVZ, JNPR, JNS, JYNT, KEY, KSS, LAYN, LE, LECO, LG, LHCG, LL, LM, LMRK, LPX, LRCX, M, MA, MAC, MKSI, MMC, MN, MPO, MTN, NAP, NAVI, NBR, NDRM, NEE, NEWT, NU, NWY, OI, OII, OMAM, OVAS, PDCE, PGR, PKG, PMCS, PNC, PRE, PXD, RE, RKT, RNR, RRC, RVNC, SAGE, SAVE, SEE, SEIC, SKT, SLB, SLCA, SLG, SM, SNSS, SONS, SSNC, SYF, TITN, TOL, TR, TROW, TRV, TSN, TSS, VA, VECO, VLO, VNCE, VOLC, VRA, VZ, WAG, XL, ZSPH

ECB helps U.S. Dollar & market higher

Posted by Admin on November 6, 2014

Index & Sector performance 11/6/14 The Market: Comments from ECB President Mario Draghi suggesting that the central bank is committed to stimulating the region’s economy helped send the S&P 500 (SPY) and the U.S. Dollar higher on the session. As would be expected the Euro/Dollar cross was under pressure finishing the U.S. trading session at new 2 year lows. A strong dollar is not a bad thing and increases global purchasing power of U.S. companies and individuals. However, as we saw recently with the Trade Balance, a strong dollar can hurt exports. Coupled with concerns over crude oil’s recent decline…

Category Tabber, The Nightcap · Tags ACRX, ACT, AGIO, AMZG, ANSS, AXLL, BAM, BPL, CBS, CCOI, CDTI, CLH, CLNY, CMLP, CMRX, CSOD, CSTE, CTB, CXO, DATA, DKL, DUK, EBIX, EOG, FANG, FEYE, FOXF, FRGI, HRL, HUM, ICE, ICPT, IDRA, IRWD, ISIS, IT, LPI, LXP, MDLZ, MDR, MHR, NICE, NP, NXPI, NXST, OAS, PDII, PGNX, PLNR, PPO, PRA, PSDV, PXD, QCOM, REXX, RIG, RKUS, SCTY, SKUL, SLW, SSP, SSYS, STAY, STBA, STNG, SWIR, SYKE, SYMC, SZYM, TEAR, TNGO, TSLA, TTI, TWX, VIVO, WFM, WMS, WWWW, WYNN, Z

Russell outperforms in ugly session

Posted by Admin on October 13, 2014

Index & Sector performance 10/13/14 The Market: Another 1+% down day across the major indices on the WSC Scoreboard except for the Russell 2000 (IWM) which finished the session down only 0.42%. YTD the IWM is still the clear loser down 9.55% but today’s outperformance is interesting and something to watch. IWM’s underperformance starting earlier in the year was a warning so if it begins to outperform on a consistent basis going forward it should be noted. It does not feel like very long ago when the only down sector on the WSC Scoreboard Was Retail (XRT) but now we…

Category Tabber, The Nightcap · Tags ABM, AIV, ALJ, ASYS, AVHI, BAC, BERY, BLK, BLX, BRG, C, CBSH, CLDN, CLF, CME, COST, CPAC, CSOD, CTB, DAN, DFRG, DGI, DHI, DLB, DOV, DPZ, DRI, DTSI, EXAS, FOMX, FSL, GD, GGG, GILD, GNW, GRAM, HOV, HSIC, HTLD, IGTE, JCI, JNJ, JPM, KBH, KEY, LAZ, LCI, LLL, LRCX, MAS, MDXG, MN, MON, MPC, MRKT, MTG, NAVI, NEWM, NGD, OSTK, OUTR, PAYX, PBF, PH, PJC, PLNR, PNC, PRQR, PXD, RAD, RNA, SCHW, SFG, SFM, SN, SNHY, SPWR, STJ, SXT, TKAI, TMUS, URBN, USG, VALE, VOXX, VRTX, WABC, WDAY, WFC, WHR, WWW, YHOO

Early optimism wanes

Posted by Admin on June 24, 2014

Index & Sector performance 6/24/14 The Market: After a very tight trading range in the overnight session, the market moved higher after the New Home Sales and Consumer Confidence data was released at 10 am ET. Both handily beat estimates rising to their best levels in 6 years, however, this optimism proved to be short lived as the S&P 500 topped in midday trading and spent the remainder of the day losing ground finally finishing 12 points lower in the S&P 500 cash index and roughly 20 points off the intraday highs. In individual sectors, Energy (XLE) clearly led all…

Category Tabber, The Nightcap · Tags AAP, AAPL, ABBV, ACC, AMZG, ARCW, BBBY, BBY, BCEI, CDE, CLS, COG, COST, CRZO, CSX, CTRP, CYBX, DPS, DRYS, DVN, EBAY, EOX, GLW, GPOR, GRC, GST, GTIV, HBI, IDXX, INUV, INWK, KMI, KOG, LMAT, LPI, LYB, MCRS, MCS, MEOH, MHLD, MHR, MTOR, MU, NFX, NNN, NSC, OHRP, ORLY, OXLC, PBPB, PDCE, PE, PETM, PLXT, POWL, PPC, PRXL, PXD, RICE, SBH, SO, SONC, SPLS, SRC, ST, SYRG, TBI, TEG, UNP, VRTX, VSI, WMT, WNS, WSM, WWWW, XEC

Higher inflation ahead of Fed

Posted by Admin on June 17, 2014

Index & Sector performance 6/17/14 The Market: In today’s Economic news, CPI came in higher than expected while the Building Permits and Housing Starts were below estimates. The initial reaction off this data sent the S&P 500 futures trading lower but ultimately the index bottomed before the open and continued higher the remainder of the day. Checking the WSC scoreboard the Russell 2000 led the charge while the other indices closed flat or slightly higher. In individual sectors, the Financials (XLF) posting a 1.02% gain and the Retailers (XRT) finishing up 0.87% were the strongest groups. In the Financials, MetLife…

Category Tabber, The Nightcap · Tags AAPL, ACMP, ACRX, AEM, AGRX, AINV, AOSL, ATHN, AVA, AVIV, BKCC, BLT, BRCM, CIE, CLMT, CRME, DNOW, DPZ, DXCM, EGN, ENT, ENTA, ETFC, EXC, EXPE, FSIC, GOGO, HRTG, INGR, JAZZ, JMBA, LAYN, LPG, LUV, MCRS, MDSO, MDT, MET, MS, NFLX, NRX, ORCL, PDCE, PE, PEG, PXD, RSPP, RTN, SBLK, SC, SCHW, SDPI, SN, SNDK, TGI, TXMD, URI, WHZ, WMB, WSTC, XEC, YHOO

3 strong days higher

Posted by Admin on April 1, 2014

Index & Sector performance 4/1/14 The Market: Today’s early action targeted our highlighted region from last night’s update of $1875ES and then pulled back to support near $1870ES. Later in the day the market made another rally toward and pressed through $1875ES and now resides above in the after hours session. While we are starting to see some intraday negative divergences develop on the market which provide some caution to the recent strong 3 day rally, we fully expect the S&P 500 emini to challenge the highlighted resistance region of $1884-90ES in overnight or early morning trading. From there we…

Category Tabber, The Nightcap · Tags ACAS, ALK, AMTD, AMZG, APC, AQXP, ARCW, ARE, AYI, BBG, BEAM, BFAM, BGC, BPI DATA, CFR, CGIX, CLH, CMI, COUP, DLA, DRTX, EAC, EIX, EXTR, FC, FMBI, FULT, GST, HLS, HSTM, INFA, INVN, JASO, KEG, KERX, KND, LH, LNDC, LRE, MD, MET, MON, NBL, NCMI, NICE, NVDA, OAS, OMN, PCRX, PFIE, PFSI, PKOH, POT, PXD, RBCN, RSPP, RUSHA, STZ, TEVA, UAL, UNF, VOYA, VRNT, WBC, WDR, WLL, WNR

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