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Stock Market Today: October 28th - November 1st, 2019

Discussion in 'Stock Market Today' started by bigbear0083, Oct 25, 2019.

  1. bigbear0083

    bigbear0083 Content Manager
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    Welcome Stockaholics to the trading week of October 28th!

    This past week saw the following moves in the S&P:
    [​IMG]

    Major Indices End of Week:
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    Major Futures Markets on Friday:
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    Economic Calendar for the Week Ahead:
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    Sector Performance WTD, MTD, YTD:
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    What to Watch in the Week Ahead:

    • Monday

    Earnings: Alphabet, AT&T, Walgreens Boots Alliance, Beyond Meat, Restaurant Brands Intl, Enterprise Products, ON Semiconductor, T-Mobile US , Diamond Offshore, Vornado Realty, Everest Re, Akamai, Canon, CNA Financial, Check Point Software

    8:30 a.m. Advanced economic indicators

    • Tuesday

    Earnings: BP, General Motors, Mastercard, Merck, Pfizer, ConocoPhillips, Amgen, Electronic Arts, Chubb, Cummins, Kellogg, Corning, KKR, Martin Marietta Materials, AutoNation, GrubHub, CNX Resources, Penske Auto, Advanced Micro, Mondelez, Xerox, Allstate, Boston Properties, FireEye, Mattel

    8:30 a.m. S&P/Case-Shiller home prices

    10:00 a.m. Pending home sales 10:00 a.m. Consumer confidence 10:00 a.m. Housing vacancies

    • Wednesday

    Earnings: Apple, Facebook, General Electric, Starbucks, Airbus, Bayer, AK Steel, Airbus, Sony, Samsung, Zynga, Deutsche Bank, Glaxo SmithKline, Western Digital, Cirrus Logic, Sprouts Farmers Market, Etsy, Perkin Elmer, American Water Works, MetLife, Cree, Williams Logic, Continental Resources, Wingstop, Yum Brands

    8:15 a.m. ADP employment

    8:30 a.m. GDP Q3 2:00 p.m. FOMC statement 2:30 p.m. Fed Chairman Jerome Powell briefing

    • Thursday

    Earnings: Bristol-Myers Squibb, Archer Daniels Midland, Altria, Estee Lauder, Wayfair, Fiat Chrysler, BNP Paribas, Parker Hannifin, International Paper, Marathon Petroleum, Thomson Reuters, Clorox, Dunkin Brands, Hanes Brand, Abiomed, Nintendo, Encana, Kraft Heinz, U.S. Steel, Avis Budget, Pinterest Murphy Oil, Lazard, Yeti, AMC Networks, Tenneco

    8:30 a.m. Initial claims

    8:30 a.m. Personal Income/spending

    8:30 a.m. PCE deflator

    8:30 a.m. Employment cost index

    9:45 a.m. Chicago PMI

    • Friday

    Monthly vehicle sales

    Earnings: Exxon Mobil, Chevron, Colgate-Palmolive, Alibaba, Abbvie, Dominion Energy, AIG, Sempra Energy, Booz Allen Hamilton, Seagate Technology, Newell Brands, TC Energy

    8:30 a.m. Employment

    9:45 a.m. Manufacturing PMI (Oct. final)

    10:00 a.m. ISM manufacturing

    10:00 a.m. Construction spending
     
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  2. bigbear0083

    bigbear0083 Content Manager
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    Stocks Soar To All-Time Highs Despite Record Global Uncertainty
    The biggest short-squeeze in six weeks, mirroring the mid-September rebound...

    [​IMG]

    Source: Bloomberg

    Sent stocks to record highs today...

    [​IMG]

    Source: Bloomberg

    Despite global uncertainty being at all-time record highs...

    [​IMG]

    [​IMG]

    Source: Bloomberg

    Chinese stocks ended notably higher on the week after Friday's buying spree

    [​IMG]

    Source: Bloomberg

    European stocks were mostly higher on the week with DAX leading the way as trade hopes revived but UK's FTSE disappointed on Brexit progress being stymied...

    [​IMG]

    Source: Bloomberg

    US Equities were all higher on the week with Trannies the biggest gainer, followed by Nasdaq...

    [​IMG]



    With S&P 500 leaving the key 3,000 behind and ramping above the closing record high (and within 0.5 points of the intraday record high)...

    [​IMG]

    S&P Record Closing High 3025.86 (3027.98 intra)

    Amazon's collapse overnight sparked a panic-bid from the cash market open (NOTE - the ramp really accelerated from the US open to the EU close)...

    [​IMG]

    Momo was lower for the 3rd week in a row - tumbling most since the quant quake in September...

    [​IMG]

    Source: Bloomberg

    VIX was monkeyhammered back to a 12 handle for the first time since July...

    [​IMG]

    Source: Bloomberg

    Financials outperformed the market this week, decoupling from the yield curve...

    [​IMG]

    Source: Bloomberg

    Treasury yields ended the week higher after their spike today with the belly underperforming...

    [​IMG]

    Source: Bloomberg

    30Y Yields spiked up to Monday's highs today...

    [​IMG]

    Source: Bloomberg

    The Dollar ended the week higher, but well off the October highs

    [​IMG]

    Source: Bloomberg

    Cable sold off this week - after 3 huge weeks higher...

    [​IMG]

    Source: Bloomberg

    Offshore Yuan rallied for the fourth week in a row...

    [​IMG]

    Source: Bloomberg

    Cryptos ended the week higher after today's huge buying...

    [​IMG]

    Source: Bloomberg

    With Bitcoin bouncing perfectly off its 200-day moving-average

    [​IMG]

    Source: Bloomberg

    Silver and Crude outperformed this week but all major commodities were higher

    [​IMG]

    Source: Bloomberg

    WTI topped $56 - to its highest since September...

    [​IMG]

    Gold futures got back above $1500...

    [​IMG]

    And silver soared back above $18...

    [​IMG]



    Global negative-yielding debt rose very modestly this week...

    [​IMG]

    Source: Bloomberg

    Finally, we note that October is currently the most disappointing macro month since April 2017...

    [​IMG]

    Source: Bloomberg

    But then again, it's not about fun-durr-mentals...

    [​IMG]

    Source: Bloomberg
     
  3. bigbear0083

    bigbear0083 Content Manager
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    Here are the percentage changes for the major indices for WTD, MTD, QTD & YTD in 2019-
    [​IMG]
    [​IMG]

    S&P sectors for the past week-
    [​IMG]
     
  4. bigbear0083

    bigbear0083 Content Manager
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    Bullish Halloween Trading Strategy Treat Next Week
    [​IMG]
    Next week provides a special short-term seasonal opportunity, one of the most consistent of the year. The last 4 trading days of October and the first 3 trading days of November have a stellar record the last 25 years. From the tables below:
    • Dow up 19 of last 25 years, average gain 2.1%, median gain 1.4%.
    • S&P up 21 of last 25 years, average gain 2.1%, median gain 1.5%.
    • NASDAQ up 21 of last 25 years, average gain 2.7%, median gain 2.3%.
    • Russell 2000 19 of last 25 years, average gain 2.2%, median gain 2.5%.
    Many refer to our Best Six Months Tactical Seasonal Switching Strategy as the Halloween Indicator or Halloween Strategy and of course “Sell in May”. These catch phrases highlight our discovery that was first published in 1986 in the 1987 Stock Trader’s Almanac that most of the market’s gains are made from October 31 to April 30, while the market goes sideways to down from May through October.

    Since 1950 DJIA is up 7.5% November-April and up only 0.6% May-October. We encouraged folks not to fear Octoberphobia early this month and wait for our MACD Buy Signal which came on October 11. We have been positioning more bullishly since in sector and major U.S. market ETFs and with a new basket of stocks. But the next seven days have been a historically bullish trade.
    [​IMG]
    [​IMG]
    [​IMG]
    [​IMG]

    Normally a top month, November has been lackluster in Pre-Election Years
    [​IMG]
    November maintains its status among the top performing months as fourth-quarter cash inflows from institutions drive November to lead the best consecutive three-month span November-January. However, the month has taken hits during bear markets and November 2000, down –22.9% (undecided election and a nascent bear), was NASDAQ’s second worst month on record—only October 1987 was worse.

    November begins the “Best Six Months” for the DJIA and S&P 500, and the “Best Eight Months” for NASDAQ. Small caps come into favor during November, but don’t really take off until the last two weeks of the year. November is the number-two DJIA (since 1950), NASDAQ (since 1971) and Russell 2000 (since 1979) month. November is best for S&P 500 (since 1950) and Russell 1000’s (since 1979).
    [​IMG]
    In pre-election years, November’s performance is noticeably weaker. DJIA has advanced in nine of the last 17 pre-election years since 1950 with an average gain of 0.3%. S&P 500 has been up in 10 of the past 17 pre-election years, also gaining on average a rather paltry 0.3%. Small-caps and techs perform better with Russell 2000 climbing in 6 of the past 10 pre-election years, averaging 1.2%. NASDAQ has been up in 7 of the last 12 pre-election year Novembers with an average 0.9% gain. Contributing to pre-election year November’s weaker performance are nasty declines in 1987, 1991 and 2007.

    Market Entering Fed Anticipation Window
    [​IMG]
    In one week the Fed will gather for its seventh scheduled meeting of 2019. The Fed has already cut rates twice this year and according to CME Group’s FedWatch Tool, there is currently a 92.5% probability that they will ease another 0.25% next week. In the chart below the 30 trading days before and after the last 93 Fed meetings (back to March 2008) are graphed. There are three lines, “All,” “Up,” and “Down.” Up means the S&P 500 finished announcement day with a gain, down it finished with a loss or unchanged. A green box has been drawn shading the S&P 500’s average performance five trading days before announcement day. On average the period is marked with sideways to flat trading regardless of what occurs on announcement day. Barring any major earnings or corporate disappointments, the market could spend the next five trading days in a narrow range.
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    Q4 Rally Is Real. Don’t Let 2018 Spook You
    [​IMG]
    Understandably folks are apprehensive about the perennial fourth quarter rally this year after the debacle that culminated in the Christmas Eve Crumble in 2018. But the history is clear. The fourth quarter is the best quarter of the year going back to 1949, except for NASDAQ where Q1 leads Q4 by 4.5% to 4.0%, since 1971.

    Historically, the “Sweet Spot” of the 4-Year Election Cycle is the three-quarter span from Q4 Midterm Year through Q2 Pre-Election Year, averaging a gain of 19.3% for DJIA and 20.0% for S&P 500 since 1949 and 29.3% for NASDAQ since 1971. Conversely the weakest two-quarter span is Q2-Q3 of the Midterm Year, averaging a loss of -1.2% for DJIA and -1.5% for S&P 500 since 1949 and -5.0% for NASDAQ since 1971.

    Market action was impacted by some more powerful forces in 2018 that trumped (no pun intended) seasonality. Q2-Q3 was up 9.8% for DJIA, 10.3% for S&P and 13.9% for NASDAQ. Q4 was horrible, down -11.8% for DJIA, -14.0% for S&P and -17.5% for NASDAQ.Q1-Q2 of pre-election year, especially Q1 gained all that back.

    Pre-Election year Q4 is still one of the best quarters of the 4-Year Cycle, ranked 5th, for average gains of 2.6% for DJIA and 3.2% for S&P since 1949 and 5.4% for NASDAQ. Additionally, from the Pre-Election Seasonal Pattern we updated in last Friday’s post, you can see how the market tends to make a high near yearend in the Pre-Election Year. So, save some new unexpected outside event, Q4 Market Magic is expected to impress once again this year.
    [​IMG]

    2019 May Be One of the Best Years Ever
    October 23, 2019

    “Everything is awesome, when you’re living out a dream.” The Lego Movie

    As the S&P 500 Index continues to flirt with new record highs, something under the surface is taking place that is making 2019 extremely special. Or dare we say, “awesome”.

    First, let’s look back at last year. 2018 was the first year since 1969 in which both the S&P 500 (stocks) and the 10-year Treasury bond (bonds) both finished the year with a negative return. Toss in the fact that gold and West Texas Intermediate (WTI) crude oil were both down last year, and it was one of the worst years ever for a diversified portfolio.

    “As bad as last year was for investors, 2019 is a mirror image, with stocks, bonds, gold, and crude oil all potentially finishing the year up double digits for the first time in history,” explained LPL Senior Market Strategist Ryan Detrick.

    As shown in the LPL Chart of the Day, it has been a great year for stocks, bonds, gold, and crude oil. Of course, there are still more than two months to go in 2019, but this year is shaping up to be one of the best years ever for these four important assets.

    [​IMG]

    Looking for a Spark in Global Manufacturing
    October 24, 2019

    A U.S.-China trade truce wasn’t enough to spark global manufacturing activity in October.

    Manufacturing activity around the world remains sluggish despite trade progress, according to preliminary Markit Purchasing Managers’ Index (PMI) data for October. As shown in the LPL Chart of the Day, manufacturing PMIs for the Eurozone, Germany, and Japan remained near multi-year lows in October.

    [​IMG]

    U.S. and China relations have improved this month as both sides became increasingly optimistic before face-to-face talks earlier this month. On October 11, the United States announced that it had reached a verbal trade agreement with China, which both parties are expected to sign at the Asia-Pacific Economic Cooperation (APEC) summit in November. Positive headlines have encouraged investors that the United States and China could be finding common ground in their trade dispute, which has weighed on global demand and curbed manufacturing activity internationally.

    We weren’t expecting to see a significant reversal in manufacturing this quickly, but there were surprisingly few signs of optimism in the October Markit PMI reports. New orders, a gauge of future manufacturing activity, continued to decline across the globe, while measures of employment largely weakened.

    “We’ve taken one step toward a U.S.-China trade deal, but it may take some time for global demand to pick up,” said LPL Financial Senior Market Strategist Ryan Detrick. “Manufacturing is unlikely to meaningfully improve without significant progress on trade.”

    U.S. manufacturing has also softened this year amid slowing global demand, even though it has been fairly resilient compared to other regions. The Institute for Supply Management’s (ISM) manufacturing PMI, our favorite gauge of domestic manufacturing health, has been in contractionary territory for two straight months.

    We’ll be watching for signs of recovery as October economic data starts to roll in, including the ISM report on November 1.


    Intel Powers to SOX to a New High
    Fri, Oct 25, 2019

    Driven by a solid earnings report from Intel (INTC) after the close yesterday, the Philadelphia Semiconductor Index (SOX) is trading at another marginal new all-time high today. After a poor earnings report from Texas Instruments (TXN) on Tuesday, it seemed as though the rally in the semis would be put on hold, but that break didn't last long. Looking at the chart, it's pretty amazing how the index has made multiple new highs over the last six months but still remains less than 1.7% from where it was back in April. Talk about coiling!

    [​IMG]

    As mentioned, the strength in the SOX today is being driven by a big gain in INTC which is trading up over 6% in reaction to earnings, which would be the stock's best one-day reaction to earnings since January 2018. With today's move, INTC is finally starting to fill the gap from its disastrous earnings report back in April when the stock dove 9%.

    [​IMG]

    INTC's rally today is also resulting in a golden cross where the stock's 50-day moving average is crossing above the 200-day moving average as both are rising. Since 1990, INTC has only had 15 prior golden crosses with the most recent being more than two years ago in September 2017. In the table below, we summarize how the stock has historically performed following each of its prior golden crosses. Looking at the results, short term performance usually fell victim to profit-taking, but over the longer-term, the stock recovered and rallied. While the average one-week return was a decline of 0.37% (median: -0.69%) with gains less than half of the time, six and twelve months later the stock had double-digit returns with gains nearly three-quarters of the time. More recently, INTC has also had positive returns six and twelve months after each of its last four golden crosses.

    [​IMG]

    An Early Look at Earnings
    Thu, Oct 24, 2019

    We're now in the thick of the Q3 earnings reporting period with 130 companies reporting since just the close last night. As shown in our Earnings Explorer snapshot below, earnings will be in overdrive for the next two weeks before dying down in mid-November.

    [​IMG]

    Through yesterday's close, 248 companies had reported so far this season, and 75% of them had beaten consensus bottom-line EPS estimates. However, just 63% of stocks have beaten sales estimates, and more companies have lowered guidance than raised guidance. In terms of stock price reaction to reports this season, so far investors have seen earnings as relatively bullish as the average stock that has reported has gained 0.60% on its earnings reaction day. Below we show another snapshot from our Earnings Explorer featuring the aggregate results of this season's reports and a list of the stocks that have reacted the most positively to earnings. Four stocks so far have gained more than 20% on their earnings reaction days -- PETS, BIIB, APHA, and LLNW.

    [​IMG]

    We provide clients with a beat-rate monitor on our Earnings Explorer page as well. Below is a chart showing the rolling 3-month EPS and sales beat rates for US companies over the last 5 years. After a dip in the EPS beat rate earlier in the year, we've seen it steadily increase over the last few months up to its current level of 64.46%. That's more than five percentage points above the historical average of 59.37%.

    In terms of sales, 57.87% of companies have beaten top-line estimates over the last 3 months, which is much closer to the historical average than the bottom-line beat rate.

    [​IMG]

    Death By Amazon's Best Performers
    Thu, Oct 24, 2019

    On Monday, we updated our popular Death By Amazon index. The index is composed of retailers that we view as most vulnerable to competition from online retail like Amazon (AMZN).

    Looking at year-to-date total returns of the largest five (by market cap) members of our Death By Amazon index, Target (TGT) has ran away from the rest of the group in 2019. Including dividends, the stock has netted a 72.7% gain since the start of the year in large part due to the massive surge on earnings in the late summer. Close competitor and the largest retailer in the index, Walmart (WMT), has given investors less than half of that as WMT has returned 30% thus far in 2019. Before the earnings report that sent TGT skyrocketing, Costco (COST) had been a close contender for the highest returning spot. Currently, COST has the second best YTD return at 47.5% with TJX in third at 33.9%. On the other hand, CVS has dramatically underperformed only providing a return of 3%. Meanwhile, the namesake of the index, AMZN, actually has the second worst return in 2019 of just 18.7% YTD. Earlier this year in the spring, AMZN had actually returned the most.

    [​IMG]

    Over the past year, AMZN's return looks even worse. Since October of last year, the stock has only returned 7.1%. While better than CVS's 3.3% loss, each of the other largest stocks in the Death By Amazon index have offered investors more.

    [​IMG]

    But over the long term, as the trend of online retail has matured, Amazon (AMZN) has offered investors a far higher return. Total return for the stock over the past five years is 514.9%. That is nearly three times more than the next best stock of these, Costco (COST), which has returned 158.5%.

    [​IMG]

    Europe Breaks Its Range
    Thu, Oct 24, 2019

    Just like the US equity market, European equities have been stuck in a range for the last several months, bouncing up and down between the top and bottom of a sideways trend channel. While we haven't quite gotten there for the US market, Europe's STOXX 600 is actually breaking out to new 52-week highs this morning (although it is still below prior highs from back in early 2018 and then early 2015 as well). Now, if only the US could follow suit.

    [​IMG]

    From the perspective of a US investor, the breakout in European large-cap equities isn't quite there yet, but it's darn close. After adjusting for changes in the value of the dollar, the STOXX 600's 52-week high was back in early July, and even after this morning's gain, the index is just shy of taking out that prior short-lived peak. It may be hard to see on the large chart, so we have zoomed in on the last few days in the red-bordered inset chart in the lower right. As of this writing, the STOXX 600 is just 0.33% from a 52-week high in dollar-adjusted terms.

    [​IMG]

    Banks - On To The Next Test
    Wed, Oct 23, 2019

    It has been a pretty monumental two weeks for the KBW Bank index. Since the close on 10/8, the index has rallied just under 9% as earnings reports from some of the largest US banks received a warm welcome from Wall Street. The index is now once again testing the top-end of its range, one which it has unsuccessfully tested multiple times in the last year. If you think the repeated tests of 3,000 for the S&P 500 over the last 18 months have been dramatic, the current go around with 103 for the KBW Bank Index has been the sixth such test in the last year! We would also note that prior to last year's fourth quarter downturn, the same level that has been acting as resistance for the KBW Bank index was previously providing support.

    In the case of each prior failed break above 103 for the KBW Bank index, sell-offs of at least 5% (and usually 10%+) followed, but one thing the index has going for it even if the sixth time isn't the charm is that just yesterday it broke above its downtrend that has been in place since early 2018. The group has passed one test at least! From here, if we do see a pullback, that former downtrend line should provide support.

    [​IMG]

    Turning to the KBW Index's individual components, the table below lists each of the 24 stocks in the index along with how each one has performed since the index's recent low on 10/8 and on a YTD basis (sorted by performance since 10/8). In the slightly more than two weeks since the index's short-term low, every stock in the index is up and up by at least 4%. That's a pretty broad rally!

    Leading the way to the upside, State Street (STT) has rallied nearly 20%, while First Republic (FRC), Northern Trust (NTRS), and Bank of America (BAC) have jumped more than 13%. In the case of STT, the rally of the last two-weeks has also moved the stock into the green on a YTD basis.

    [​IMG]

    Market Cap Inequality
    Wed, Oct 23, 2019

    As technological improvements have scaled over time, there isn't a day that goes by where we don't see or hear about the growing problem of inequality in society. Just as technology has created an issue of haves and have-nots among individuals, it has also become increasingly evident in the stock market as well.

    The chart below compares the market cap of all the companies in the small-cap Russell 2000 to the combined market cap of Apple (AAPL) and Microsoft (MSFT), the two largest US companies. Two years ago, the Russell 2000's market cap was over a trillion more than the market cap of AAPL and MSFT. In the span of 24 months, though, the gap between the two has narrowed significantly to its current level of $114 billion, or about one PayPal (PYPL). Less than two weeks ago, the gap between the two was less than $65 billion, or roughly one Estee Lauder (EL)!

    Even when we're talking trillions, $114 billion isn't that small of a number, and it would still take roughly a 10% gain in either Apple or Microsoft or some combination of the two (or a decline in the Russell 2000) in order to close the gap. That being said, the gap between the two has narrowed by nearly 90% in just two years. With Microsoft (MSFT) reporting after the close, a big upside surprise could help to close the gap. MSFT typically sees a move of just under 4% in reaction to earnings, and the last time it rallied 10% on earnings was four years ago back in October 2015, so it's extremely unlikely that the gap closes in the coming days, but the fact that the spread is even this close to begin with is pretty amazing.

    [​IMG]

    More Red From the Greenback?
    October 24, 2019

    The U.S. dollar, also known as the greenback, is heading for its biggest monthly loss since January 2018, and we could be due for a more prolonged period of weakness after more than 10 years of strength.

    As shown in the LPL Chart of the Day, the recent drop has brought the U.S. Dollar Index down to the 200-day moving average near 97.5. If the dollar breaks below that level, we could see another 1–2% of downside, possibly down to summertime lows.

    [​IMG]

    “Sentiment on the dollar had become overly optimistic this summer,” said LPL Financial Senior Market Strategist Ryan Detrick. “From a contrarian point of view, it makes sense to think that recent weakness could continue.”

    The gap between U.S. and global interest rates has driven the dollar higher over the past several years. The dollar has risen throughout much of the current economic expansion amid the Federal Reserve’s (Fed) rate hike campaign, which was paused at the beginning of this year.

    While a rallying dollar reflects a strengthening domestic economy and aids consumer purchasing power by making U.S. imports less expensive, it has been a negative development for global economies. The strong dollar has made U.S. exports more expensive for international consumers and curbed capital flows to other economies, putting more pressure on a stressed global economy. The strong dollar has also been a drag on international stock returns, so for investors with globally diversified portfolios, a possible reversal in that trend could be welcomed.

    The gap between U.S. interest rates and international interest rates is still wide. However, the Fed’s recent rate cuts have helped temper the dollar’s rally. Market odds that the Fed will cut rates at its October 30 meeting have risen from 40% to over 90%, implying that we could see the third rate cut of this cycle soon.

    We also expect further progress resolving the U.S.-China trade dispute to weigh on the dollar, while recent stabilizing of global growth and U.K. progress toward its “Brexit” from the European Union may attract more interest in European currencies. Longer term, the U.S. trade and budget deficits could also put downward pressure on the dollar.

    We would view further dollar weakness as a reflection of better global growth and an improved global trade environment, clearly positive developments. But don’t expect a collapse. The greenback remains the world’s reserve currency and will likely remain so for decades to come. The U.S. economy remains the biggest and most productive in the world, making it a very attractive destination for international investment dollars.
     
  5. bigbear0083

    bigbear0083 Content Manager
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    Here are the current major indices pullback/correction levels from ATHs as of week ending 10.25.19-
    [​IMG]

    Here is also the pullback/correction levels from current prices-
    [​IMG]

    ...and here are the rally levels from current prices-
    [​IMG]
     
  6. bigbear0083

    bigbear0083 Content Manager
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    [​IMG]

    Here are the upcoming IPO's for this week-

    [​IMG]
     
  7. bigbear0083

    bigbear0083 Content Manager
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    Stock Market Analysis Video for October 25th, 2019
    Video from AlphaTrends Brian Shannon


    ShadowTrader Video Weekly 10.27.19
    Video from ShadowTrader Peter Reznicek
     
  8. bigbear0083

    bigbear0083 Content Manager
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    Stockaholics come join us on our stock market competitions for this upcoming trading week ahead!-

    ========================================================================================================
    ========================================================================================================

    It would be pretty sweet to see some of you join us and participate on these!

    I hope you all have a fantastic weekend ahead! :cool:
     
  9. bigbear0083

    bigbear0083 Content Manager
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    Here is a look at this upcoming week's Global Economic & Policy Calendar-

    (GLOBAL ECONOMIC AND POLICY CALENDAR NOT YET POSTED!)
     
  10. bigbear0083

    bigbear0083 Content Manager
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    [​IMG]

    Here are the most anticipated Earnings Releases for this upcoming trading week ahead.

    ***Check mark next to the stock symbols denotes confirmed earnings release date & time***

    Monday 10.28.19 Before Market Open:
    [​IMG]

    Monday 10.28.19 After Market Close:
    [​IMG]
    [​IMG]

    Tuesday 10.29.19 Before Market Open:
    [​IMG]
    [​IMG]

    Tuesday 10.29.19 After Market Close:
    [​IMG]
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    Wednesday 10.30.19 Before Market Open:
    [​IMG]
    [​IMG]

    Wednesday 10.30.19 After Market Close:
    [​IMG]
    [​IMG]
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    Thursday 10.31.19 Before Market Open:
    [​IMG]
    [​IMG]
    [​IMG]

    Thursday 10.31.19 After Market Close:
    [​IMG]
    [​IMG]

    Friday 11.1.19 Before Market Open:
    [​IMG]

    Friday 11.1.19 After Market Close:
    [​IMG]
     
  11. bigbear0083

    bigbear0083 Content Manager
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    And finally here is the most anticipated earnings calendar for this upcoming trading week ahead-
    ($AAPL $AMD $FB $T $SHOP $HEXO $BYND $SPOT $GOOGL $MA $BABA $WBA $GE $SBUX $TWLO $MRK $GRUB $ABBV $ON $PFE $ENPH $QSR $GM $MO $AWI $L $TEX $AMG $BMY $XOM $CHKP $AKAM $CTB $PINS $EXAS $EPD $KHC $ELY $AMGN $CI $X $GLW $LYFT $MCY $DO $AYX $YUM)
    [​IMG]

    If you guys want to view the full earnings post please see this thread here-
     
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  12. T0rm3nted

    T0rm3nted Moderator
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  13. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Well finally a new record for the market :eek: Equities are on track to have a very good year with just 2 months left this year :D
     
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  14. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Market has been green all day, yet the VIX is up a solid +3%. It hasn't gone below 13 much this year
    [​IMG]
     
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  15. T0rm3nted

    T0rm3nted Moderator
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  16. Three Eyes

    Three Eyes 2018 Stockaholics Contest Winner

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    It's not often the market moves this much in the day or two before a Fed meeting. Seems like markets really are pricing in at least a quarter point rate drop tomorrow.
     
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  17. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    GRUB getting hammered after earnings :eek:
     
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  18. Three Eyes

    Three Eyes 2018 Stockaholics Contest Winner

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    They are blaming the customers, calling them "promiscuous.” Isn't there a golden rule for business about blaming the customer...?
     
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  19. T0rm3nted

    T0rm3nted Moderator
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  20. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    Market reaction somewhat positive after the FED decision, will see if the conference by Powell will change that though :p
     

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