While last week was busy in terms of the elections, economic data, and earnings, the actual movement in the U.S. equity indices was quite subdued. The S&P 500 index rose 0.7% on the week, and …
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Action-packed week to start November. First, the mid-term elections in the U.S. are tomorrow, November 4th. Market participants have not seemed to focus much on this round of midterms, but the elections will still dominate …
Continue readingThe FOMC meeting on Wednesday is the most important event this week. While the general expectation is still that the committee ends QE, St. Louis Fed President Bullard’s comments nearly 2 weeks ago about possibly delaying …
Continue readingVIX spot has made a round trip from 16 to 31 and back to 16 in less than 2 weeks. The S&P 500 index has been volatile on the way up as well as down, …
Continue readingThis week is the busiest of earnings season, with the technology sector at the forefront. Outside of earnings, it’s a light economic calendar. There is existing home sales data on Tuesday, CPI on Wednesday, and …
Continue readingThis week is the first full week of earnings reports. It will be interesting to see whether the market’s focus finally shifts from macro headlines to single stock news. 10 day realized volatility in the S&P …
Continue readingAfter a hectic economic data calendar last week, the only major data release in the U.S. this week is the FOMC minutes on Wednesday, Oct. 8th at 2 pm. Though earnings season does kick off …
Continue readingEvent: ADBE reports its fiscal Q3 earnings on Tuesday, Sept 16th after the market close. The options market is implying about a 5.25% one day move, which is below both the 4 quarter average of about …
Continue readingMicron reports earnings today after the close. The options market is implying about a 7.5% move, which would put the stock around $34.25 to the upside or $29.75 to the downside if the stock moved …
Continue readingADBE reports earnings after the close today. We posted an earnings preview yesterday. ADBE was one of the momentum stocks hit by selling in March and April, but the stock remained above its 200 day moving average throughout …
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