NFLX earnings is always fun to watch although I am not playing it I think the market is expecting a pretty strong earnings season, let's see if Corporate America delivers
10 Lowest VIX Closing Values in History The following table shows 10 days with lowest VIX closing values: Rank Date Open High Low Close 1 22 December 1993 10.03 10.03 9.28 9.31 2 23 December 1993 9.50 9.55 9.17 9.48 3 27 December 1993 9.50 9.79 8.89 9.70 4 28 December 1993 9.81 9.96 9.70 9.82 5 24 January 2007 10.41 10.41 9.87 9.89 6 21 November 2006 10.05 10.06 9.84 9.90 7 28 January 1994 9.86 10.31 9.59 9.94 8 20 November 2006 10.42 10.48 9.91 9.97 9 14 December 2006 10.74 10.75 9.64 9.97 10 16 February 2007 10.42
haha good thing for reminding me on that one thx ... i actually did check up on this over the weekend and it was very close! i saw a 9.31 closing print on december 22nd 1993! missed it by that much
GOP loses enough senators to sink its current health-care bill http://www.cnbc.com/2017/07/17/senators-mike-lee-and-jerry-moran-oppose-senate-health-care-bill.html
futures dipped ever so slightly on that headline but nothing too out of the norm the one thing that did catch my eye was the dollar ... breaking the $95 handle convincingly now
Earnings after the close today: ($IBM $CSX $UAL $ADTN $IBKR $NAVI $UFPI $WTFC $HBHC $PNFP $HAFC $EXPO $FULT $AMX)
Wow at NFLX Anyone made money on it? I wish I did lol I guess the market would be down more if the FANG stocks aren't doing so well today
nasdaq finally joining in with a new ATH recapturing all of the "tech wreck" losses of a few weeks back and then some ... looks like both nasdaq and s&p on pace for new closing highs today ... pretty resilient markets given the healthcare bill debacle again ... looks like earnings are front and center of the markets attention for now
FANG Just Eats Up Washington Gridlock Jul 18, 2017 In the spirit of Mark Twain, the FANG stocks have roared back to life, definitively stating to the market that the reports of their demise have been greatly exaggerated. On an equal-weighted basis (chart below), an index of the four FANG stocks (Facebook, Amazon.com, Netflix, and Google-parent Alphabet) has now completely erased its 8% pullback from its 6/8 high and is now back at new highs. Over the last year alone, these four stocks are up an average of 45.7%. Whenever there is optimism that the Trump Administration will get something passed, high growth tech stocks start to lose momentum, but once it looks like more of the same old Washington gridlock, high growth stocks like FANG really run. A lot of today’s strength in the performance of the FANG stocks on an equal-weighted basis is the fact that shares of Netflix (NFLX) are up over 12% following its strong earnings report after the close last night. NFLX has a much smaller market cap than the three other stocks that make up the FANG group, but even on a market cap weighted basis, the four FANG stocks are still at new highs. As shown below, a market cap weighted index of the four stocks has also more than erased what in this case was a 7% pullback and is also trading at new highs today. So much for the death of FANG.
vix has closed in the single digits ten times so far in 2017. the previous 27 years combined (since 1990) it was 9 times. today also marked the vix 4th consecutive close under 10 ... that's only happened one other time in its history (1993). if it happens again tomorrow that would be a new record
Amazing that we see such low volatility when the Trump administration has failed to get anything done so far Maybe the volatility would rise if there are signs that they can't get tax reform done as well, but right now I feel like this market will continue to grind higher if interest rates don't surge from here
I saw Ken Fisher's largest position (in terms of #shares not capital) is overwhelmingly in Loyd's Banking Group, LYG. So I sold out on my impinj and bought a ton on RH. It's my fool around money so might as well! He's a billionaire, I think he knows what he's doing.
I own a few shares of LYG from trades "freebies" where I keep the profit in shares. Long term potential. Looking at some VIX, TVIX calls but haven't bought yet. Buyers keep pushing the market higher.
busy earnings calendar incoming here are some of the companies reporting after the close today: ($QCOM $AXP $TMUS $AA $STLD $SRPT $KMI $URI $CP $PTC $BXS $SLM $AEHR $CHRW $TSC $DWCH $BHLB $PLXS $GBNK) ...and before the market open tomorrow morning: ($BX $ABT $KEY $NUE $SHW $PM $SNA $UNP $BBT $CHKP $PII $TRV $SAP $DOV $ADS $ABB $DHR $MNRO $GPC $BK $PPG)
nasdaq looking to close up for its 9th consecutive day here ... it did a 10-in-a-row back in feb. 2015 ... after that you'd have to go back to 2009 when it did 12, and then 1992 when it did 13 ... the longest win streak ever for the nasdaq is 19 back in 1979 here is the list of all 9+ day winning streaks for the nasdaq and the % change on the day the streak ends, as well as the % change the next day, next week, and next month pretty impressive overall eh?
Impressive indeed Now it looks like traders are favoring tech again and not really betting on higher interest rates and the bank stocks
Forgot about the ECB meeting tomorrow If they send interest rates higher after the meeting, we could see this market especially tech stocks cooling down a little