Dashboard – August 11 – 15, 2014

 

 

 

 

 

Selections

MONDAY:  Another very quiet and abbreviated economic news week and the international front seems a bit quieter. Not a bad combination to begin the week and hopefully continue Friday’s very strong showing

TUESDAY:     Another day where only quiet can really be justified, as news is lacking on all fronts. Today, however, doesn’t have some of the same kind of jump start stimulus as yesterday had, with Kinder Morgan’s news.

WEDNESDAY:  Another day devoid of major news, marred a little by Macys earnings, but still looking to continue the week’s narrow range

THURSDAY:    They’re not shopping at Wal-Mart? They’re not shopping at Macys? Maybe Nordstrom? It can’t all be at Amazon.

FRIDAY:  No real news to end the week, which is on track to become the strongest in nearly 2 months

 



 

                                                                                                                                           

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Dashboard – August 4 – 8, 2014

 

 

 

 

 

Selections

MONDAY:  First signs to start the week are that there is no follow through to last week’s late sell-off, so basically we start the week where we were on June 3, 2014.

TUESDAY:     No more bounce seems to be left following yesterday’s rebound. The remainder of the week has relatively little expected news and earnings reports are dwindling down along with the summer.

WEDNESDAY:  Another gloomy start to the day appears to be in store as Europe sets the tone as Italy is now in recession and Russia is knocking on Ukraine’s door

THURSDAY:    The ECB rate announcement is a non-event and markets remain flat after yesterday’s lack of direction, hopefully taking us closer to the week’s end without any great surprises.

FRIDAY:  An abysmal week for the markets comes to an end as it approaches a 5% decline from its highs mostly on non-market news.

 



 

                                                                                                                                           

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Dashboard – July 14 – 18, 2014

 
 

 
 

Selections
MONDAY:  Not much news scheduled this week, other than lots of earnings reports, but the market appears to be ready to get off to a nice start to begin trading, with a little bit of surprising earnings help from Citigroup.
TUESDAY:     More good earnings from financial sector with JP Morgan and Goldman Sachs reporting. Congressional testimony from Janet Yellen over the next two days could add to sense that economic expansion is now really taking hold.
WEDNESDAY:  More mergers may add market fuel, but historically that has meant the approach of a market top. When you’re spending other people’s money you’re very often unaware of  or indifferent to value
THURSDAY:    Weak European markets looking to upset the party here, as more bank earnings point to something good going on, at least on one level of the economy.
FRIDAY:  With news of airplane downing and ground assault on Gaza now old, the market seems to be ready to settle down after yesterday’s accelerating sell off during afternoon trading
 

 
                                                                                                                                           
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Dashboard – July 7 – 11, 2014

 

 

 

 

 

Selections

MONDAY:  Not much news scheduled this week, other than lots of earnings reports, but the market appears to be ready to get off to a nice start to begin trading, with a little bit of surprising earnings help from Citigroup.

TUESDAY:     More good earnings from financial sector with JP Morgan and Goldman Sachs reporting. Congressional testimony from Janet Yellen over the next two days could add to sense that economic expansion is now really taking hold.

WEDNESDAY

THURSDAY:   

FRIDAY

 



 

                                                                                                                                           

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Dashboard – June 30 – July 3, 2014

 

 

 

 

 

Selections

MONDAY:  A very shortened trading week finishing off with the Employment Sitiuation Report. With low volume likely there could be some exaggerated moves ahead

TUESDAY:     A little early morning strength would be nice if spilling over to and then growing in the regular session, in what still should be a quiet day.

WEDNESDAY:  This morning’s ADP Report leads to tomorrow’s Employment Situation Report which leads to a long, long wekend. Yesterday’s low volume rally awaiting some reason to continue, although not as if it needed any reason to start

THURSDAY:    Important statistics due, shortened trading day and low volume. What’s not to like? All bets off until Employment SItuation Report is released and then whoever hasn’t already left for the holiday will rule the day.

FRIDAY



 



                                                                                                                                           

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Dashboard – June 23 – 27, 2014

 

 

 

 

 

Selections

MONDAY:  Seems like new week will get off to a quiet start as we have a relative break between now and the start of another earnings season in about 2 weeks

TUESDAY:     Little reason to expect much activity today, but it couldn’t possibl;y be any less than yesterday. Nothing appearing on the horizon to shake things up as the morning is taking form

WEDNESDAY:  More GDP concerns and more questions about how the economy could possibly have been growing with a -2.9% GDP for Q1. Assuming that the market reflected fantsasy numbers will reality be an unwelcome next event?

THURSDAY:    Yesterday was a day marked by government intervention, withness SBGI, IRM and the oil refiners. That’s not an enduring theme so it’s anyone’s guess what may set the tone for today and the rest of the week.

FRIDAY:  Looking like a negative ending to a mediocre and rudderless week

 



                                                                                                                                           

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Dashboard – June 16 – 20, 2014

 

 

 

 

 

Selections

MONDAY:   Market not seeming to begin the week in reaction to events in Iraq over the weekend. Busy week including FOMC, Yellen press conference and quadruple witching.

TUESDAY:     Today may be another quiet day but talk may heat about about tomorrow’s FOMC as a $5 billion dollar piece of the taper comes into focus

WEDNESDAY:  Looks as if much will be on hold until 2 PM today and then anything goes once the press conference begins. Market looking for any reason to do anything, whether rational reason or otherwiise.

THURSDAY:    Now comes the waiting, as Janet Yellen gave the market a little boost at just the right time if your eyes are on options expirations.

FRIDAY:  Quadruple Witching appears to be sedate and will hopefully end the week on that noe.

 

 



                                                                                                                                           

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Dashboard – June 9 – 13, 2014

 

 

 

 

 

Selections

MONDAY:   The split Apple begins trading today and little else is set to characterize this coming week which begins at another new high.

TUESDAY:     Another seemingly quiet day in a week of little expected news or events.While not necessarily seeing reason to be shy about opening new positions there isn’t much reason to be excited, either.

WEDNESDAY:  Something unusual this morning – some moderate losses in the pre-open and volatility inches higher. Neither are necessarily bad ways to start the day.

THURSDAY:    Coming off a rare moderate loss there’s no immediate evidence of follow-through. The absence of catalysts continues to characterize today’s market which appears to be ready to get off to a flat start

FRIDAY:  At one time Intel was market leader and then sank into irrelevance. Its surprising increased guidance gives it a gain the size that hasn’t been seen in about a decade. Is this wg=hat the narket really needs as its catalyst?

 

 



                                                                                                                                           

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Dashboard – June 2 – 6, 2014

 

 

 

 

 

Selections

MONDAY:   The Apple stock split, the WWDC meeting, ECB rates, Employment Report and more this week but will any help convincingly create new record highs?

TUESDAY:     The market looking to start the morning counter to its usual Tuesday trend in the absence of any real news until Thursday morning

WEDNESDAY:  With ambivalent employment statistics from ADP in advance of Friday’s Employment Situation Report the market is probably going to  reserve itself for tomorrow’s ECB interest rate decision and probably has little reason to reverse its mild pre-open weakness.

THURSDAY:    More S&P 500 records yesterday and today the ECB doesn’t disappoint. That’s a formula for a big yawn in preperation for the market’s open this morning.

FRIDAY:  Employment Situation Report comes in as expected and now more employed than pre-recession. Market yawns, but so did it after yesterday’s ECB announcement, at first.

 

 



                                                                                                                                           

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Dashboard – May 26 – 30, 2014

 

 

 

 

 

Selections

MONDAY:   Happy Memorial Day

TUESDAY:     At another new high and the market looks like it wants to add some more. That would be nice for as long as it can last.

WEDNESDAY:  WWith another new high to start the day or no real news left for the rest of the week it can really be anyone’s guess what the market does in a vacuum. Any of those guesses can be equally valid

THURSDAY:    A quiet day on the news front and the morning set to begin in an unusual place by not having to follow up to another new record close.

FRIDAY:  A quiet close would be fitting for a quiet week that was just your typical new record close day in and out kind of week.

 

 



                                                                                                                                           

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