August 9, 2017
Ciao Va Tackle Traders! Last week we pushed through earnings, some were good, some not so good. For one I had incorrect information as to when SunPower was having their earnings and was surprised by what took place on the 2nd of August. I had a half covering of the stock, thus I was ableREAD MORE
August 8, 2017
MARKET SNAPSHOT Dow 22085.34 -33.08 (-0.15%) Nasdaq 6370.44 -13.31 (-0.21%) SP 500 2474.88 -5.99 (-0.24%) 10-yr Note -5/32 2.273 NYSE Adv 1061 Dec 1844 Vol 772.3 mln Nasdaq Adv 1210 Dec 1579 Vol 1.91 bln IN THE NEWS HIGHLIGHTS: Market fades off resistance. Crude oil closes lower following early rally. US dollar jolted by the JOLTS jobs opening report.READ MORE
August 7, 2017
MARKET SNAPSHOT Dow 22118.42 +25.61 (0.12%) Nasdaq 6383.75 +32.21 (0.51%) SP 500 2480.87 +4.08 (0.16%) 10-yr Note +3/32 2.255 NYSE Adv 1398 Dec 1511 Vol 743.9 mln Nasdaq Adv 1534 Dec 1345 Vol 1.69 bln IN THE NEWS HIGHLIGHTS: Investors lack conviction as stocks hover near all-time highs. Top-weighted technology sector outperforms amid broad strength. Crude oil lowerREAD MORE
August 3, 2017
MARKET SNAPSHOT Dow 22026.10 +9.86 (0.04%) Nasdaq 6340.32 -22.30 (-0.35%) SP 500 2472.12 -5.41 (-0.22%) 10-yr Note +13/32 2.223 NYSE Adv 1220 Dec 1684 Vol 836.0 mln Nasdaq Adv 1257 Dec 1560 Vol +2.1 bln IN THE NEWS HIGHLIGHTS: Energy sector underperforms, declines by more than 1.0%. Kellogg (K) and Clorox (CLX) rally following earnings, help lift consumer staples sector. Treasuries moveREAD MORE
August 2, 2017
MARKET SNAPSHOT Dow 22006.44 +42.52 (0.19%) Nasdaq 6366.50 +3.59 (0.06%) SP 500 2476.07 -0.24 (-0.01%) 10-yr Note -1/32 2.261 NYSE Adv 1145 Dec 1763 Vol 467.0 mln Nasdaq Adv 943 Dec 1850 Vol 1.58 bln IN THE NEWS HIGHLIGHTS: Apple (AAPL) retraces a good portion of its post-earnings gain. July ADP Employment Change misses estimates (178K actual vs 187KREAD MORE
August 1, 2017
MARKET SNAPSHOT Dow 21963.92 +72.80 (0.33%) Nasdaq 6362.91 +14.82 (0.23%) SP 500 2476.31 +6.05 (0.24%) 10-yr Note +13/32 2.251 NYSE Adv 1771 Dec 1141 Vol 826.6 mln Nasdaq Adv 1509 Dec 1359 Vol 1.8 bln IN THE NEWS HIGHLIGHTS: Global markets rally. Another batch of generally upbeat earnings reports. Top-weighted technology and financials sectors outperform. Rate-hike concerns tempered aREAD MORE
July 31, 2017
MARKET SNAPSHOT Dow 21891.12 +60.81 (0.28%) Nasdaq 6348.09 -26.55 (-0.42%) SP 500 2470.26 -1.80 (-0.07%) 10-yr Note 0/32 2.292 NYSE Adv 1565 Dec 1384 Vol 1.01 bln Nasdaq Adv 1294 Dec 1548 Vol 1.89 bln IN THE NEWS HIGHLIGHTS: Growth stocks weigh; Amazon (AMZN), Facebook (FB), Alphabet (GOOGL) show sizable losses. Heavily-weighted financial sector outperforms amid broad strength. Crude oil moves sharply higher, lifts energyREAD MORE
July 27, 2017
MARKET SNAPSHOT Dow 21796.55 +85.54 (0.39%) Nasdaq 6382.15 -40.56 (-0.63%) SP 500 2475.38 -2.41 (-0.10%) 10-yr Note -8/32 2.318 NYSE Adv 1283 Dec 1613 Vol 927.0 mln Nasdaq Adv 1015 Dec 1725 Vol — IN THE NEWS HIGHLIGHTS: Top-weighted technology sector sells off, weighs on broader market. Transports underperform, DJTA drops nearly 3.0%. Retailers tick up on headlines thatREAD MORE
July 26, 2017
MARKET SNAPSHOT Dow 21711.01 +97.58 (0.45%) Nasdaq 6422.71 +10.57 (0.16%) SP 500 2477.79 +0.70 (0.03%) 10-yr Note +14/32 2.289 NYSE Adv 1457 Dec 1448 Vol 826.6 mln Nasdaq Adv 1384 Dec 1473 Vol 1.97 bln IN THE NEWS HIGHLIGHTS: Fed leaves rates unchanged, as expected; Balance sheet unwind expected soon. Another positive batch of earnings; Boeing (BA), AT&T (T) solidly higher. CrudeREAD MORE
July 25, 2017
Como Va Tackle Traders! So here I am in ancient Rome thoroughly enjoying myself. It is an incredible place and hope that each and every one of you can one day enjoy it’s splendor. I mean, this place is so old you can literally smell the difference. Sounds weird but if you have ever beenREAD MORE
July 25, 2017
MARKET SNAPSHOT Dow 21613.43 +100.26 (0.47%) Nasdaq 6412.14 +1.37 (0.02%) SP 500 2477.09 +7.17 (0.29%) 10-yr Note -21/32 2.332 NYSE Adv 1824 Dec 1132 Vol 1.12 bln Nasdaq Adv 1607 Dec 1208 Vol 1.9 bln IN THE NEWS HIGHLIGHTS: Generally positive batch of earnings reports. Alphabet (GOOGL) weighs on tech group following earnings. Financials show relative strength, provide solid sectorREAD MORE
July 24, 2017
MARKET SNAPSHOT Dow 21513.17 -66.90 (-0.31%) Nasdaq 6410.77 +23.05 (0.36%) SP 500 2469.92 -2.63 (-0.11%) 10-yr Note -5/32 2.256 NYSE Adv 1291 Dec 1622 Vol 821.0 mln Nasdaq Adv 1481 Dec 1317 Vol 1.72 bln IN THE NEWS HIGHLIGHTS: Caution ahead of mega-cap tech earnings, FOMC meeting, Q2 GDP reading. Top-weighted technology & financial sectors exhibit relative strength.READ MORE
July 20, 2017
MARKET SNAPSHOT Dow 21611.78 -28.97 (-0.13%) Nasdaq 6389.97 +4.96 (0.08%) SP 500 2473.46 -0.38 (-0.02%) 10-yr Note +2/32 2.263 NYSE Adv 1458 Dec 1427 Vol 752.2 mln Nasdaq Adv 1411 Dec 1332 Vol 1.81 bln IN THE NEWS HIGHLIGHTS: ECB & BoJ leave policy programs unchanged; ECB President Draghi says substantial degree of accommodation still needed. Countercyclical sectors outperform,READ MORE
July 19, 2017
Buongiorno Tackle Traders! Last week we discussed Step 4 of the Environmental Hedging System—the system’s Philosophy. This week will be a continuation of Step 4, but with extra flavor added. And for those who are following this blog I am sure you been gathering how each section builds into the next, yet solidifies what cameREAD MORE
July 19, 2017
MARKET SNAPSHOT Dow 21640.75 +66.02 (0.31%) Nasdaq 6385.01 +40.74 (0.64%) SP 500 2473.84 +13.22 (0.54%) 10-yr Note -3/32 2.270 NYSE Adv 2187 Dec 725 Vol 709.7 mln Nasdaq Adv 1821 Dec 997 Vol 1.85 bln IN THE NEWS HIGHLIGHTS: Top-weighted technology sector on track for ninth-consecutive victory. Biotech stocks rally after Vertex (VRTX) reports positive clinical trial results. Caution aheadREAD MORE
July 18, 2017
MARKET SNAPSHOT Dow 21574.73 -54.99 (-0.25%) Nasdaq 6344.27 +29.87 (0.47%) SP 500 2460.62 +1.47 (0.06%) 10-yr Note +15/32 2.261 NYSE Adv 1409 Dec 1488 Vol 695.7 mln Nasdaq Adv 1239 Dec 1597 Vol 1.76 bln IN THE NEWS HIGHLIGHTS: Senate pulls health-care bill; will focus on ACA repeal without immediate replacement. Goldman Sachs (GS) & Bank of America (BAC) slip despite upbeatREAD MORE
July 17, 2017
MARKET SNAPSHOT Dow 21629.72 -8.02 (-0.04%) Nasdaq 6314.40 +1.97 (0.03%) SP 500 2459.15 -0.13 (-0.01%) 10-yr Note +5/32 2.315 NYSE Adv 1645 Dec 1290 Vol 690.3 mln Nasdaq Adv 1442 Dec 1340 Vol 1.55 bln IN THE NEWS HIGHLIGHTS: China Q2 GDP +6.9% year-over-year (6.8% expected). Waiting on June quarter earnings reports this week. Reports that Senate hasREAD MORE
July 13, 2017
MARKET SNAPSHOT Dow 21553.09 +20.95 (0.10%) Nasdaq 6274.40 +13.27 (0.21%) SP 500 2447.84 +4.58 (0.19%) 10-yr Note -5/32 2.341 NYSE Adv 1537 Dec 1356 Vol 768.3 mln Nasdaq Adv 1335 Dec 1446 Vol 1.8 bln IN THE NEWS HIGHLIGHTS: Investors hit pause following yesterday’s rally & ahead of tomorrow’s influential batch of econ data. Top-weighted technology and financials sectorsREAD MORE
July 13, 2017
Top of the morning Tackle! Last week Step 3 of the system went over the notion of compounding gains in Clean-Tech stocks, i.e. SPWR and FSLR thus far. We went over what the potential compounded gains in stock would look like over the course of 1-20yrs and some insight on how I, personally, plan onREAD MORE
July 12, 2017
MARKET SNAPSHOT Dow 21532.14 +123.07 (0.57%) Nasdaq 6261.13 +67.87 (1.10%) SP 500 2443.26 +17.72 (0.73%) 10-yr Note +13/32 2.318 NYSE Adv 2268 Dec 690 Vol 794.2 mln Nasdaq Adv 1849 Dec 803 Vol 1.8 bln IN THE NEWS HIGHLIGHTS: Market reaches new all-time highs. Prepared remarks from Fed Chair Janet Yellen seen as relatively dovish. Apple (AAPL) struggles amidREAD MORE
