fomc announcement in about an hour from now ... anyone think we'll see any surprises in the verbiage? there is no yellen presser today though. probably will be nothing new to see here. zzzzz's.
Probably we won't get much information from the FED this time. Will see if they are getting concerned on the slower growth in Q1 or whether they will send a signal that they are gonna hike next month
Here are some of the companies due to report after the close today: ($FB $TSLA $SQ $FIT $CRUS $DDD $AIG $RIG $ETE $QRVO $DATA $BEAT $TTMI $CTL $STMP $KHC $AUY $NXPI $EXTR)
I agree. Although I'm kind of hoping for a surprise (wishful thinking on my part I know lol). This choppy directionless market has been pretty brutal. I read somewhere that the past 5 trading day was the narrowest full range for a 5-day period on the SPX since like 1994. Not counting today the entire range for the past 5 days was 0.66%
Maybe we get more volatility later this month, it is May afterall Probably not getting any surprise from the FED today but we will know pretty soon
SEC Approves Quadruple-Leveraged ETFs http://www.etf.com/sections/features-and-news/sec-approves-quadruple-leveraged-etfs I don't trade leveraged ETF much but some of you might like this news
If the decay is worse than the triple leveraged ones - they might be the ultimate shorts, but hold onto your pants if you're willing to take that risk!
Nasdaq, which has been the leader recently while S&P stalled at 2400 and Dow stalled at 21k, is the laggard today. Dow Transports below the 50 ma. IWM and XBI doing worse than the Nasdaq. Be careful at these times when the 20 ma and 50 ma are not separating.
Thanks for pointing that one out. Seems for now it's fears about ad money. Weekly chart: Looks like the Heiken-Ashi green streak is finally ending.
Here are tomorrow morning ERs: ($CHK $INCY $REGN $LITE $LNG $DNKN $APA $ICPT $LDOS $CCE $DNR $FMSA $CNQ $GPN $K $USCR $ZTS $VIAB $ABMD)
man, this is the 2nd time in recent days they have bought oclr back from the depths of despair, someone doesnt want to see this thing below 8 apparently.
Best Performing Stocks on Earnings This Season May 3, 2017 More than 1,300 companies have reported earnings so far this reporting period, and the average stock has gained 0.06% on its earnings reaction day (the first trading day following its earnings release). Below is a list of the stocks that have posted the biggest share price gains on their earnings reaction days this season. As shown, LSB Industries (LXU) ranks first with a one-day gain of 30.75%. And that was on an EPS miss! Chegg (CHGG) ranks second with a gain of 28.71% followed by Select Comfort (SCSS) at +28.26%. Bridgepoint Education (BPI) and EXACT Sciences (EXAS) round out the top five — each with gains of more than 26%. Other notables on the list of big winners this season include GNC, GrubHub (GRUB), iRobot (IRBT), First Solar (FSLR), FireEye (FEYE), and Weight Watchers (WTW). You’ll notice that only one S&P 500 company made the list of biggest winners — BCR — and that was the result of an acquisition offer that accompanied the earnings report. Below is a list of the best performing large cap (S&P 500) names on earnings this reporting period. Behind BCR, Coach (COH) ranks second with a one-day gain of 11.38% following its report on May 2nd. Edwards Lifesciences (EW) is the only other S&P 500 company that has gained more than 10% on its earnings reaction day this season. Under Armour (UAA) — a name that prior to its earnings report this season had been significantly beaten down — ranks fourth with a gain of 9.94%, while Wyndham Worldwide (WYN) rounds out the top five with a gain of 9.02%. Other notables on the list of S&P 500 earnings winners include Caterpillar (CAT), Intuitive Surgical (ISRG), Cummins (CMI), American Express (AXP), Wynn Resorts (WYNN), and McDonald’s (MCD).
markets coming off the lows here ... not really a whole heck of a lot going on though ... guess the markets are on hold until tomorrow's nfp's? or maybe waiting until this weekend's french elections? (i think it's this weekend right?)
Here are some of the companies due to report after the close today: ($ATVI $AAOI $CARA $SWIR $MRO $ANET $SHAK $MNST $MELI $ZNGA $OLED $PI $MTZ $BMRN $KTOS $LC $HLF $CLNE)
The win by Macron probably is mostly if not fully priced in, if Le Pen somehow wins then we would get a shocking reaction in the malarkey next Monday
