Yes sir >I do a stocks to watch Live every Sunday 8 Am Vegas time http://ticker.tv/vegastrader66 If you miss the live event its archived to view later
good comments as always @MaximusAnalysis thx for the vid i'm thinking we're prob not going to be seeing much again this week given that this is the final week of the summer for a lot of people, and with the long weekend upcoming this week, it's probably going to be a quiet week for the most part... that being said - perhaps this friday could be of some interest as we get the payroll #'s? you're right though its been a chop fest the past 4 weeks... case in point: for the exception of some chop up and down, cash s&p is basically exactly where it was since the july nfp's as of today's close curious if we'll see a break out of this 4-week range one way or another on the payroll # not sure ... but prior to the july payrolls also recall that we had been stuck in a 2-3 week chop range until we finally broke out to the upside on the nfp's... we'll see what happens this time around ... hopefully we'll see some resolve one way or the other as we enter the month of september!
its actually even worse when you expand on that chart just another couple of weeks out ... if you take away that little down move on 8/2 where price dipped down to 2147 ... we have basically been trading in about a 30-handle range for nearly 7 weeks lol
good tuesday morning Stockaholics! Frontrunning: August 30 EU demands Apple pay Ireland up to 13 billion euros in tax (Reuters) Dollar Advances as Treasuries Drop on Rate Outlook; Stocks Rise (BBG) Chinese embassy in Kyrgyzstan hit by suspected suicide car bomb (Reuters) France, joining German Economy Minister, urges halt to trade talks with U.S. (Reuters) Euro zone monthly economic sentiment falls more than expected (Reuters) Japan’s Household Spending and Unemployment Fall in July (BBG) At Ports, a Sign of Altered Supply Chains (WSJ) Food Price Deflation Cheers Consumers, Hurts Farmers, Grocers and Restaurants (WSJ) Fed's Fischer says U.S. job market 'very close' to full strength (Reuters) Defiant Rousseff says Brazil's democracy on trial with her (Reuters) Yuan Bears Emerge From Hibernation as Fed Imperils G-20 Calm (BBG) Employers Find ‘Soft Skills’ Like Critical Thinking in Short Supply (WSJ) Can Assange and Denton revive the Wikileaks-Gawker revolution? (Reuters) Beneath Yuan’s Quiet, China Worries Rise (WSJ) Massachusetts Could Swap Time Zones for Later Winter Sunsets (BBG) Fight for Syria's Aleppo exposes limits of Russian air power (Reuters) Japan’s First Home-Made Jet Back in Hangar After Aborted Tests (BBG) FUTURES NOW: TODAY'S ECONOMIC CALENDAR: PRE-MARKET MOVERS (STOCK SYMBOLS ARE CLICKABLE): AAPL SPU ANF ARIA HSY UAL GILD PSEC GIII AIRG MDLZ DSW MCD VMW AMBA BRK.A SBUX PANW BRK.B IPHI CDE AVGO AMZN TMO THIS MORNING'S NEWS MOVERS: Early movers: AAPL, AAL, UAL, HSY, MDLZ, ANF, DSW, GIII & more Apple — The European Commission has ordered the Irish government to recover up to 13 billion euros ($14.5 billion) and interest in back taxes from the iPhone maker. Shares were 1 percent lower in premarket trade. Mondelez, Hershey — Merger talks between the two food manufacturers fell apart after the Oreo cookie maker said late Monday it ended discussions of a potential combination with the chocolate company. Mondelez shares were more than 3.5 percent higher in premarket trade, while Hershey shares were nearly 11 percent lower. American Airlines, United Continental — American Airlines President J. Scott Kirby left the firm for the same role at United, the companies said late Monday. American shares were off more than 2 percent in premarket trade, while United shares were up more than 4 percent. Abercrombie & Fitch — The teen apparel retailer posted a 14th-straight quarterly decline in sales. Same-store sales at Abercrombie stories open at least a year fell 7 percent in the quarter, versus the expected 6.5 percent decline, according to Consensus Metrix. Shares were more than 13 percent lower in premarket trade. DSW — The footwear retailer reported second-quarter earnings of 30 cents a share, matching expectations. Revenue of $659 million was a touch above the Reuters forecast of $658.7 million, while comparable sales for the quarter declined 1.4 percent. DSW reaffirmed full-year earnings guidance and its board of directors approved a quarterly dividend of 20 cents a share. Shares rose more than 2 percent in premarket trade. G-III Apparel — The owner of brands such as Guess and Calvin Klein reported a fiscal second-quarter loss of 3 cents a share. Sales of $442.3 million came in below the $484.9 million estimate. Full-year earnings and revenue forecasts were also below expectations. Shares fell more than 17 percent in premarket trade. McDonald's — Baird upgraded the stock to "outperform" with a $128 price target, for a nearly 12 percent upside from Monday's closing price. Baird cited more favorable risk-reward given the stock's underperformance so far this year, as well as support from the fast food giant's attractive dividend yield and opportunity for investor sentiment to improve with progress in the business model. Shares were more than half a percent higher in premarket trade. happy tuesday trading to all in here today!
REITs being excluded from S&P financials tomorrow. Thats going to be good to see a clearer picture of financials.
consumer confidence blows past estimates and prints its highest level of optimism since last september, and the 2nd highest read of the entire recovery the immediate market reaction was lower lol
haha no worries on the rant @MaximusAnalysis i thought it was a good one! good to know about the ANF stuff ... i wasn't even aware that the ceo said their clothes weren't for heavy set people ... but also acting like a douchebag about it to boot? wow ... i was happy to see them down as much as they were today as well because your's truly had them as a short pick in the weekly contest this week lol oh btw, just a correction but i believe it's pronounced My-Lin not Ma-Lan thx for the vid max
man, these overnight ranges have been brutal ... the entire overnight globex session has a 3 1/2 handle range ... and we did just a 4 handle range in yesterday's overnight session as well ... i don't think i have ever seen it this tight back-to-back like this before
The U.S. economy added 177,000 jobs to private payrolls over the past month, according to the ADP Employment Report. Economists had expected 175,000 jobs to have been added. July's private payrolls were revised up to 194,000 from 179,000. The official jobs report for August, the most closely watched release of the month, will be out on Friday. Economists expect the pace of jobs growth in August to slow after blockbuster readings in June and July. Analysts at TD Securities expect 189,000 jobs to have been added to the U.S. economy, while the unemployment rate will dip to 4.8%. The U.S. economy added 255,000 jobs in July. https://www.thestreet.com/story/136...ulation-continues.html?puc=yahoo&cm_ven=YAHOO
