Category: Dashboard

MONDAY:  China doubles its margin requirements, a $150 Billion deal in the pharmaceutical sector and a trade shortened week, as the futures are somehow pointing to a flat open after last week’s big gains

TUESDAY:   Early morning futures are pointing moderately lower, but with the release of the GDP this morning, we’ll get a chance to see whether investor’s embrace of the FOMC’s hawkish tone will also embrace an expected rise in GDP and some upward revisions

WEDNESDAY:  There was a pretty decent comeback yesterday and futures are pointing moderately higher early in the session a overseas appeared calm, including on geo-political fronts, that could unsettle things as we are in midst-feast over the next few days

THURSDAY:  HAPPY THANKSGIVING TO ALL

FRIDAY:. As the week comes to its end, on a shorter trading day, the futures are as flat as the rest of the week has been. Unless today brings something really unexpected, the market has been unchanged through the week as everyone seems to have taken a break, maybe hoping to salvage some strength to close out 2015







MONDAY:  After last week’s terrible performance, it wouldn’t be too surprising to see some gains this week, but they need to be more than what the futures are pointing towards

TUESDAY:   Although losing a little steam as the morning progressed, the pre-opening futures looked as if they could add to yesterday’s 200+ point gain

WEDNESDAY:  Yesterday’s reversal, particularly after some good earnings news finally came our way, was unfortunate. This morning’s futures look like they don’t know what to do with themselves.

THURSDAY:  A very impressive test of DJIA 17600 yesterday after it offered resistance the day before, leads to this morning’s continued strength in the early futures trading, as maybe investors are finally ready to accept what the FOMC has to do.

FRIDAY:. The monthly cycle comes to an end today and the futures are giving some hope of being able to see some assignments or rollovers occur.







MONDAY:  National retailers begin to report earnings this week and the official Retail Sales report comes at the end of the week, so we could get some important data with regard to justifying an interest rate increase. After another strong week last week, the futures look like they are getting ready to begin the week on a more cautious note.

TUESDAY:   It’s difficult to explain the kind of loss seen yesterday other than to ascribe it as “selling on the presumed news” of an interest rate hike or realization that the free low interest rate ride was really finally coming to its end, soon to be replaced by another low interest rate ride.

WEDNESDAY:  Yesterday showed a nice early morning recovery from its losses and this morning the futures are indicating some follow through from its trending higher to close the day. With banks closed today, despite only mild changes in the early trading, there could be some exaggerated moves as the day goes on

THURSDAY:  Yesterday’s very disappointing report from Macy’s really cast a pall on retail’s outlook for the coming year and came as a real surprise to me, although the resultant weakness may now be reason to consider entry into a sector that is never going to go away, even as online may be garnering supremacy

FRIDAY:. Too much confusion and too many mixed messages sent markets to sharp declines yesterday as 2015 now has only about 7 weeks to end up in the black. This morning’s pre-opening futures don’t give an appearance of making too much of an effort to push things over the flat line, though







MONDAY:   It’s a quiet earnings week as we prepare for next week’s retail earnings, but the week does end with a potentially very significant Employment Situation Report

TUESDAY:   Yesterday was a surprise start to the week, which may be suggesting that the market is again ready to accept good news as being good news, as the FOMC’s Employment threshold of 150,000 new jobs seems easy to beat, thereby more likely leading to an interest rate increase

WEDNESDAY:  After 2 days of nice and unexpected gains, China joined the party overnight. This morning the futures are again starting off listless, just as they did the first 2 days, so it will be anyone’s guess, as the ADP Private Sector Employment data is released today and may set the stage for Friday’s Employment Situation Report

THURSDAY:  Yesterday was a little respite from the strong advances to start the week. Today looks as if it could be another quiet day, although the early morning trading meant nothing on Monday and Tuesday. Today, though, would be a perfect day to exercise some caution ahead of tomorrow’s employment Situation Report, with everyone focusing on that 150,000 number.

FRIDAY:. Two quick moves higher to start the week, then 2 quiet days and now today may be a day of reckoning as the market sits flat awaiting the Employment Situation Report to end the week







MONDAY:   Lots more earnings this week, but most attention will be focused on the wording of the FOMC Statement this week, in the assumption that no action is taken on interest rates

TUESDAY:   .A very quiet day yesterday and if this morning’s futures are going to be any indication, the same is in store for today, as the FOMC begins its meeting

WEDNESDAY:  Another quiet morning appears to be ahead, as this afternoon’s FOMC Statement release could be the market’s excuse for a release, as well.

THURSDAY: Yesterday’s surprising move higher on some hawkish tone from the FOMC is being given back in this morning’s pre-opening trading. This morning’s GDP may give some reason to suspect that December may now be the new target date for FOMC action

FRIDAY:. Another quiet day looks to be in the works to end the week, while we await retail earnings that are still another week away







MONDAY:   A very big week in earnings starts off with a big miss at a major bank, nearly 7% growth in China and the FOMC watching before next week’s meeting.

TUESDAY:   Earnings are staring to pour in, but the market is continuing to trade around the flat line. A little period of building a base wouldn’t be the worst thing for this market that isn’t exactly certain of what it wants to do or where it wants to go.

WEDNESDAY:  Lots more earnings, but not much reaction. Most of the attention is being paid to a rash of buy-outs and take-overs, as the market seems to be awaiting the affirmation from the FOMC that they won’t likely raise rates until 2016. A really strong retail season and some real upward movement in GDP could change that, though.

THURSDAY:  More earnings and more “I don’t care” kind of reaction, as individual names continue to be more likely to beat on earnings, but miss on revenue. That story is getting old, but individual names are still selectively being harshly punished if missing on earnings.

FRIDAY:. After yesterday’s surprising surge, probably fueled by the ECB’s suggestion that QE would continue, comes great earnings from some big boys and the announcement of a Chinese rate cut.  Result? Markets are surging again in the pre-open futures to end the week.







MONDAY:   Earnings get under way this week with banks reporting, but they don’t usually portend what the rest of the economy is really experiencing. The Retail Sales Report this week may tell more.

TUESDAY:   Significant earnings reports begin this morning and then after today’s close and may help us get closer to an understanding of what the FOMC is considering as their own meeting draws near, as does 2016.

WEDNESDAY:  A break in the consecutive streak higher was our fate yesterday and the very earliest in earnings are not yet giving a reason to begin a new leg higher.

THURSDAY:  There wasn’t too much reason for yesterday’s sell-off and in following the typical script, today there is an early attempt to recover, but a tepid one, as had been the case prior to the recent 10 day run up higher.

FRIDAY:. After yesterday’s very unexpected 200 point gain, it looks as if the market may want to take a pause to end the week and the 2015 October option cycle







MONDAY:   This week will be a slow one for economic news, although FOMC minutes are to be released on Thursday. Otherwise, the week looks as if it will begin where it left off, as earnings season gets ready to begin anew later in the week.

TUESDAY:   After a huge and hugely unexpected move higher yesterday, the market is giving a little back this morning as the futures are trading lower. Last week’s pattern was large move, day off, large move – so we’ll see if that continues, as the news to create waves is sparse for most of this week.

WEDNESDAY:  Yesterday turned out to be a day off for markets, but this morning’s futures may be pointing toward returning to a path higher as improving energy prices have become a factor in moving markets higher, rather than lower

THURSDAY:  Yesterday broke a recent pattern and saw the market move higher. Today, if that recent pattern gets back on track should be a relatively quiet day as Friday’s have  lately been very big movers to end the week, just as Monday’s have lately been very big movers to begin past weeks.

FRIDAY:. The market has been astonishingly strong since hitting it’s mid-morning lows after last Friday’s Employment Situation Report, having seen the S&P 500 rise more than 6%. Past weeks have ended the week with strong moves on Friday, sometimes up and sometimes down, but today looks as if it may be a sedate ending to the week.







MONDAY:   The week ends with the Employment Situation Report and will have lots of Federal Reserve Governors weighing in before that. But to begin the week, the market is continuing where Friday left off, if you take out the performance of just a single stock, Nike. We’re heading down until there comes some good economic news to change minds about how we now feel.

TUESDAY:   If you were looking for a meaningful bounce this morning, keep looking, as even the pathetic attempt lost ground as the morning’s futures drew closer to the opening bell.

WEDNESDAY:  A decent mid-week advance is in the works after some overnight strength in Asia, but still not enough at its current level to wipe out Monday’s loss. But it’s a start, at least

THURSDAY: The morning after has typically been a different story, for better or worse. This morning the direction isn’t clear, as the S&P 500 sits just barely in correction territory, continuing to straddle that line

FRIDAY:. A very disappointing Employment SItuation Report is sending the market much lower as data isn’t backing up increasing FOMC rhetoric about the justification for an impending interest rate increase







MONDAY:   With the disappointing end to last week as a backdrop, it’s likely that even more attention is going to be paid to economic reports, such as this week’s GDP and more on earnings as they begin again if a few weeks. Otherwise, there’s not much to think about as a small rebound may be in the making this morning.

TUESDAY:   There isn’t really too much reason for this morning’s sharp decline in the futures trading, other than it being a continuation of the disappointment that the economy may not be healthy enough to justify an interest rate increase. Friday’s GDP may be more important than usual as long as an October increase is still on the table

WEDNESDAY:  After yesterday’s plunge, which showed that Monday’s bounce was no more than a bounce, this morning’ futures are again flat as Asia was once again very weak. The only good news in sight could have to wait until Friday’s GDP is released.

THURSDAY:  More large losses appear to be in store this morning as maybe only tomorrow’s GDP data may be able to stem the recent tide, but only if they show some real economic growth.

FRIDAY:. The market is continuing yesterday’s late day recovery with a nice advance in the futures prior to this morning’s GDP release which could really send stocks soaring if the number is strong, as that would possibly provide some justification for a rate increase.