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

Tech and HealthCare EPS lead

Posted by Admin on July 23, 2014

Index & Sector performance 7/23/14 The Market: Today the stand out index was the NASDAQ (QQQ) which finished 0.64% higher with a lot of help from Apple (AAPL) which finished the day up 2.61% after reporting EPS yesterday after the close. The S&P 500 (SPY) and Russell 2000 (IWM) were relatively flat, while the Dow (DIA) was the clear laggard and the only index to finish down on the session. Weighing on the Dow was Boeing (BA) and Caterpillar (CAT) which finished down 2.34% and 1.53% respectively. In individual sectors it was HealthCare (XLV) which shined helped immensely by Intuitive…

Category Tabber, The Nightcap · Tags AAPL, ABC, ALXN, AR, ARG, BA, BC, BCC, BCO, BIIB, BK, BKU, BMS, BMY, BPOP, BR, BRCM, BSX, CAB, CAM, CAT, CATM, CCE, CCK, CELG, CHKP, CLF, CLI, CMCSA, CMS, CNC, COG, COL, CRI, CSH, CTB, DAN, DD, DFS, DFT, DGX, DHI, DNKN, DO, DPS, DRH, EA, EAT, EDU, EQM, EXAS, F, FAF, FANG, FLIR, FMER, GNTX, GPI, GT, H, HA, HLT, HLX, HOT, HST, HSY, HXL, IMS, IR, ISRG, JAH, JAZZ, JBLU, JNPR, KING, KKR, LAZ, LHO, LII, LLY, LTM, LUV, MANH, MCD, MDRX, MMM, MSFT, MTH, MWE, MYCC, NBL, NDAQ, NPBC, NUE, O, PAA, PBYI, PCP, PDCE, PEB, PENN, PHM, PMBC, PNK, PRLB, PTEN, QCOM, QDEL, QSII, RCL, RGP, RHI, ROIC, RRC, RS, RTN, SHO, SIAL, SIMO, SXC, THRM, TRGP, TROW, TSE, TWI, UA, UAL, UNP, USG, UTX, VMW, VZ, WAB, WCC, WCN, WLL, WYN, XLNX, XPL, ZMH

This down day came with volume

Posted by Admin on July 8, 2014

Index & Sector performance 7/8/14 The Market: *** Administrative Note: Due to traveling, this will be the last update for the week. *** A second straight day lower for all 4 broad market indices on the WSC Scoreboard but setting today apart from other recent down days was a noticeable pick-up in volume. Leading the charge to the downside was the NASDAQ (QQQ) and Russell 2000 (IWM) both finishing 1.2% lower. We remain cautious on the overall broad market and as noted in last night’s report are watching the IWM closely. Its failure to lead and make new highs with…

Category Tabber, The Nightcap · Tags ABGB, ABY, AMAT, AOS, ASPN, ATI, ATML, AUY, BRKR, CACC, CBPO, CGI, CME, CMRX, CPSS, DAL, ECYT, ETR, EXC, GES, GRPN, HOS, JBLU, KLAC, LPX, LUV, MA, MACK, MASI, MEIP, MRD, MRTX, NGHC, NTCT, PDCE, PFMT, PSG, RDHL, RRC, SAVE, SIMO, SLAB, STX, TFM, THLD, TMUS, TTPH, V, WDC, WDR, WRES, WU, XEC, YUM, ZBRA, ZINC

Tech stocks lead sell-off

Posted by Admin on May 6, 2014

Index & Sector performance 5/6/14 The Market: Last night we noted 1872ES as a key level to watch. If it held as overnight support then the index could look to target Friday’s 1886ES highs but if lost then we could see Monday’s lows of 1860.50ES tested and then 1850ES. In overnight trading the S&P was only able to reach 1881.50ES falling short of Friday’s highs and by the open the futures were sitting at our key 1872ES level. After some initial jostling around the 1872ES level, the index started to roll over in midday trading reaching as low as…

Category Tabber, The Nightcap · Tags AGN, AIV, AOL, APC, ARIA, ARQL, ATHN, AVA, AYR, BAM, BBG, BHI, BSFT, BXP, CERU, CFN, CHK, CLH, CLMT, CLR, COWN, CTRP, CTSH, CXO, DATA, DCT, DUK, DVN, DWA, EGP, EMES, END, EOG, FPI, GDP, GIL, GTE, GTIV, HAL, HEAR, HNT, HST, HTZ, HUM, INTL, IPWR, KBR, KING, KN, LAMR, LCI, LGND, LPT, LUV, MDLZ, MEMP, MVG, NAVB, NCMI, NLS, NTLS, OAS, P, PAHC, POM, PQ, PRGO, RAS, RIGL, ROC, RRC, SALE, SBGI, SCHW, SE, SFUN, SGEN, SILC, SLB, SMG, SNSS, STAY, SUSS, SYNA, T, TAP, TAST, TGT, TKR, TMHC, TNET, TREX, TS, TWTR, VLO, VOYA, VSI, VSTM, WBAI, WPX, WRES, XEC, YELP, ZOES

Choppy trading leaves the indices flat

Posted by Admin on February 26, 2014

Index & Sector performance 2/26/14 The Market: A choppy trading session to saw a sell off toward the open which ultimately was bought until midday when the S&P started to make its way back down toward and below the previous intraday lows. Again buyers stepped in and were able to close the S&P 500 essentially flat on the day. Companies scheduled to report earnings pre-market: Analyst Comments:

Category Tabber, The Nightcap · Tags ACIW, ALKS, AMRS, AMT, ANIK, APL, ARIA, BOOM, BRS, CECO, CHS, CIE, CKEC, COV, COWN, CQB, CRZO, CTRN, DANG, DLR, DRH, DWA, DYAX, DYN, EIGI, EME, EOG, EPE, EPL, ERA, EVHC, EXH, EXLP, EXPD, FIG, GBCI, GSM, GTI, HELI, HK, HLT, INCY, ITC, ITCI, ITMN, IVAC, JAZZ, JNPR, KLIC, KSS, LAMR, LINE, LKQ, LNCO, LNKD, LPI, MGM, MYL, MZOR, NTLS, NUTR, NXTM, OCN, PACD, PSXP, QCOR, RDC, RJET, RRC, RTEC, SFY, SHLD, SLB, SPLK, SQI, SRPT, SUNE, SUNS, TDC, TOL, TPH, TRVN, UNT, VLP, VNO, WIN, WMT, WNR, WPX, YRCW, ZLC

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

The Market’s all a TWTR

Posted by Admin on November 4, 2013

Index & Sector performance 11/4/13 The Market: A gap higher in the S&P was quickly sold down to 11:30 am EST where the market found support and then rallied to the close making new highs for the day in the final few minutes. In economic data Factory orders came in lighter than expected and while there was some Fed speak, nothing too groundbreaking. Tomorrow we see ISM and Economic Optimism. Looming Thursday is the Unemployment Claims data which has a very low estimate and looks like a softball for the markets to beat. A big miss with already low expectations…

Category Tabber, The Nightcap · Tags AFL, AGU, AKS, ANF, AOL, AR, BBRY, BPI, CHD, CIDM, CKEC, CLMT, CPN, CPSI, CRM, CTIC, CTSH, CVS, D, DRQ, DTV, EL, EMR, FB, G, GD, GIMO, GPS, GRPN, GTI, ICE, IVZ, JNJ, KOG, KORS, KSS, LDRH, LL, MGNX, MHK, MPC, NTAP, OMC, OWW, OXY, PRGO, QLIK, QTS, REGN, RRC, RS, SAM, SFXE, SQM, SRE, STLD, TEVA, TWC, TWTR, WNRL, X, XLS, ZIPR

«12

Wall Street Consensus

Recent Commentator Posts

StockTwits Feed