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

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

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

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

Thank you to our Vets!

Posted by Admin on November 11, 2013

Index & Sector performance DATE The Market: Any given day stocks will make big moves but today with the bond market closed in observance of Veteran’s Day the broad markets seemed happy to consolidate. Do not be surprised if today’s action is the calm before a strong directional move. Being that today was a Bank Holiday, there was no government economic data announced. We did see the NFIB Small Business Index come in slightly below expectations posting a 91.6 when 93.5 was expected. Story Stocks: Merger Monday as ViroPharma (VPHM) agreed to be acquired by UK drugmaker Shire (SHPG). The…

Category Tabber, The Nightcap · Tags ABFS, AGCO, AMAT, AMD, AMTD, ATW, BBY, BCEI, BRS, BURL, CCC, CCOI, CPK, CRUS, CXO, DF, DHI, DIOD, DISH, DSCO, ENR, EPAM, ESRT, FITB, FUEL, GOGO, GPOR, IMGN, INSM, JAH, LLY, NRG, NS, PENN, PRTA, PVTB, RIG, ROC, ROSE, RRC, SHPG, SLXP, TREE, VEEV, VPHM, WTR, XOM, YGE, YOKU

Shhh, Jobs data tomorrow

Posted by Admin on September 5, 2013

The Market: Not much in the way of action today as early gains met resistance in the previously highlighted areas around 1660-1663 which coincided with the 20 & 50 day SMA’s respectively. Utilities again were the under performer of the tracked sectors and retail sector leading on the upside with Sears (SHLD) and JC Penny (JCP) putting in strong showing with gains of 6.27% and 5.33%. Doesn’t it feel like all JCP needed was some big investor to bail to bottom? Today had a great deal of economic data including ISM Non-Man PMI which came in better than expected (as…

Category Tabber, The Nightcap · Tags AAPL, AG, EMN, EXR, GDP, GMCR, GMED, GRPN, GWAY, HIMX, HSNI, HUM, JCP, JONE, KMP, LAYN, LPX, MDXG, MFRM, NEM, NPSP, OPEN, RIG, RRST, SBUX, SFD, SHLD, UTIW, Z

Week in Review

Posted by Admin on March 10, 2013

DJIA +67.58 (+0.47%) to 14,397.07; S&P 500 +6.92 (+0.45%) to 1,551.18; NASDAQ +12.28 (+0.38%) to 3,244.37 This week was all about Jobs data and the build up to a number that didn’t disappointing posting a 236K non-farm employment change when consensus expectations were around 158K. This also took the Unemployment rate down to 7.7% from 7.9%. Cue to the cynicism regarding the number and the way it is calculated and it is not that I disagree but the fact also is that the method of calculation is not changed month to month so there is a frame of reference where better is better…

Category Tabber, Week In Review · Tags AMZN, C, CLF, DELL, FL, GDI, GPS, JCP, KKR, MCD, P, PETS, RIG, SKUL, SPLS, TPX, TWX, ZZ

Daily Wrap

Posted by Admin on March 4, 2013

DJIA +38.16 (+0.27%) to 14,127.82; S&P 500 +7.00 (+0.46%) to 1,525.20; NASDAQ +12.29 (+0.39%) to 3,182.03 Today started on a down note but landed the S&P 500 right into its 20 day SMA which it promptly held and started to make its ascent for the remainder of the day. We had no noteworthy economic news today and frankly not much is really on tap tomorrow. The market will be left to its own devices and whether or not it can continue to press higher. I will have more below but the futures chart is trying to build a case to argue for higher levels….

Category Tabber, The Nightcap · Tags BHP, BKR, CEP, CKP, CLF, FOE, HEES, JOY, RIG, RIO, SHLM, VALE

«12

Wall Street Consensus

Recent Commentator Posts

StockTwits Feed