VIX Indicator and SPX Chart have been updated
Daily Archives: Sunday, November 6, 2016
Dow Futures up over 200…
Dow Futures up over 200 on FBI’s Sunday memo
http://www.npr.org/sections/thetwo-way/2016/11/06/500929164/comey-we-have-not-changed-our-conclusions-as-fbi-finishes-clinton-email-review
#Earnings Our old friend PCLN…
Our old friend PCLN on Monday!
Major Earnings for the Upcoming Week:
Monday:
A.M. – ARIA, NILE, CTSH, DF, FDC, MGM, ROK, BID, SYY
P.M.– ALGN, ARNA, CZR, HTZ, IFF, MAR, NWS, PCLN
Tuesday:
A.M.– CNK, CVS, DHI, JCI, VRX
P.M.– TRIP
Wednesday:
A.M. – MT, CROX, COTY, M, VIAB, WEN
P.M. –TCS, MYL, SHAK, SLW, SUN, VVUS
Thursday:
A.M. –AZN, KSS, PRTY, PRGO, RL, SODA
P.M. –KORS,JWN, NVDA,DIS
Friday:
A.M.– JCP
OIL
Falling Oil (/CL) prices certainly did not help stocks this past week. Crude finished down over 9% as inventories saw a massive build this past Wednesday. The 14.4 M Barrel build in inventories was the largest on record and the Rig count continued to increase according to Friday’s count. Despite the expected interest rate hike next month, Bond prices surged up this past week. The inverse benchmark 10-Year Yield fell 7 bps to 1.78% and also pushed the U.S. dollar lower. The Fed Funds market is currently pricing in a probability of 66.8% of a December rate, although it did fall after the Fed meeting.