Weekly Update Ended August 19, 2017

Another week went by with a mostly negative tone given the continued tensions with North Korea, the massive upheaval in Washington, and the end of ER season, although we continue to have a few stragglers and off-quarter companies still to report.

This week we will hear from MOMO tomorrow and Broadcom on Thursday.

We also have the global central bankers meeting in Jackson Hole starting this Thursday so that could prove to be illuminating.

Global markets are mostly mixed as similar worries that are plaguing our markets have spread overseas while our futures keep flitting between the positive and negative. 

Early morning and over-the-weekend UGs and DGs are up in our little room for those that want to check it out.

The jaysomaney.com account ended up 167% year-to-date versus 180% from a week ago and 197% two weeks ago. The liquidation value as of this past Friday is now at $715,644 with $513,134 of that in cash, up from the prior week as I have been a net seller for weeks now. In the prior week ago period, we were up 180% YTD, and liquidation value from the closing levels a week ago was at $752,734 just as a point of easy reference for all of you. The markets were also down for the second week in a row and have been pretty much moribund for the last few weeks now. So, we had a bit of a give back in terms of performance last week, thanks to the NK situation and the massive mess in Washington.

I am not a big believer in the seasonality theory because that is just more Wall Street nonsense to get folks to churn their accounts. Think about that, if all of us sell every May and then buy back in mid to late fall..that's a massive windfall for WS without even having to do any work. It's nonsense put together and parroted by the swamis, pundits, gurus and bobble heads on TV. Simple as that.

ON the flip side, there are not many catalysts for the next several weeks, so there is no hurry until I see an opportunity. Opportunity does not wait on seasons by the way. 

Please check your inboxes for a list of trades made last week.

Here we go with the usual part of the update:

Please keep your positions in size with your account size (value). Most importantly please remember that I am running a marathon here and not a sprint. I am in no hurry whatsoever for any position and thus will not enter a position unless I feel the risk/reward is stacked in my favor. Yes, I will occasionally have positions work against me despite the risk/reward prior to the trade but if I was batting a thousand, none of us would be in our little room. We would all be on our own private islands. Even more important for all of us to remember that trades and opportunities will come no matter what the markets are doing. 

Please, please don't roll the dice and don't bet on anyone single position without keeping the size relative to your overall account. I promise you even 1 or 2 call options at a time add up to spectacular returns over time. 

There is nothing worse than seeing someone (new or experienced) blow up his/her own account by going "all in", long or short.  Please avoid those sort of "investments" As my dad used to tell me all the time, "Rome wasn't built in a day".

Remember together we will all get there, wherever that may be for each of us individually.

Not a sprint but a marathon. (This is the most important takeaway for all of us) Will always hold true as far as I am concerned no matter what anyone else thinks on the outside. 

Fedheads on tap for this week--

Confirmed Fed Speeches:

  • Wednesday 8/23
    • Robert Kaplan (1:05 PM ET)

On the ER front, we have the following---

Earnings

  • Mon 8/14
    • Open:
    • Close: Baozub (BZUN), Zayo Group Holdings (ZAYO), Nordson (NDSN), Premier (PINC)
  • Tues 8/15
    • Open: Medtronic (MDT), Coty (COTY), Toll Brothers (TOL), Cheetah Mobile (CMCM), DSW (DSW), Daktronics (DAKT)
    • Close: ZTO Express (ZTO), Salesfroce.com (CRM), Intuit (INTU), La-Z-Boy (LZB)
  • Wed 8/16
    • Open: Lowes (LOW), Royal Bank of Canada (RY), American Eagle (AEO), Express (EXPR)
    • Close: HP (HPQ), PVH (PVH), Williams-Sonoma (WSM), Guess? (GES), HEICO (HEI)
  • Thurs 8/17
    • Open: CIBC (CM), Hormel Foods (HRL), J.M. Smucker (SJM), Burlington Stores (BURL), Patterson Companies (PDCO), Signet Jewelers (SIG), Michaels Stores (MIK), Tiffany & Co. (TIF)
    • Close: Broadcom (AVGO), VMware (VMW), GameStop (GME), Ulta Beauty (ULTA), Brocade (BRCD), Marvell (MRVL), Autodesk (ADSK), Splunk (SPLK), Veeva Systems (VEEV)
  • Fri 8/18
    • Open:
    • Close:

Of interest in techland--BZUN, CRM, INTU, HP, AVGO, VMW, GME, BRCD, MRVL, ADSK, SPLK, VEEV.


We will be done with the price change tomorrow and I am glad to see that we only had less than a handful of subscriber choose not to renew at the new rates. 


I wish those few all the best not only in their trading/investment/coin tosses but also in all the rest life has to offer each and everyone of us. Be safe and thank you.


To all the rest of you who are still here with me, I thank you for the continued support and it's going to get even better once our markets climb out of this dry spell which they will soon enough.


Until next week, may the trading Goddesses/Gods smile on all your trades/dice rolls/coin tosses.


Be safe, 

Jay

Weekly Update Ended August 12, 2017

Last week was headed for a terrific week in techland until we had the North Korea situation blow up in Chuckles face on Thursday. Earnings season is mostly done with, with a few stragglers and off-quarter companies still to report.

We will be hearing from the like of The Kid (CSCO) and Whitman's ATM machines, HPQ, HPE, MOMO and Jack (BABA) over the next couple of weeks.

Global markets are mostly higher this morning and our futures are also indicating a higher open for us albeit off the morning highs.

UGs and DGs from overnight and early this morning are available in our little chat room for those of you who would like to check them out. 

The jaysomaney.com account ended up 180% year-to-date versus 197% from a week ago and 209% two weeks ago. The liquidation value as of this past Friday is now at $752,734 with $490,459 of that in cash. In the prior week ago period, we were up 197% YTD, and liquidation value from the closing levels a week ago was at $796,009 just as a point of easy reference for all of you. So, we had a bit of a give back in terms of performance last week, thanks to the NK situation but on the other hand, I also finally put some cash to use.

Please check your inboxes for a list of trades made last week.

Here we go with the usual part of the update:

Please keep your positions in size with your account size (value). Most importantly please remember that I am running a marathon here and not a sprint. I am in no hurry whatsoever for any position and thus will not enter a position unless I feel the risk/reward is stacked in my favor. Yes, I will occasionally have positions work against me despite the risk/reward prior to the trade but if I was batting a thousand, none of us would be in our little room. We would all be on our own private islands. Even more important for all of us to remember that trades and opportunities will come no matter what the markets are doing. 

Please, please don't roll the dice and don't bet on any one single position without keeping the size relative to your overall account. I promise you even 1 or 2 call options at a time add up to spectacular returns over time. 

There is nothing worse than seeing someone (new or experienced) blow up his/her own account by going "all in", long or short.  Please avoid those sort of "investments" As my dad used to tell me all the time, "Rome wasn't built in a day".

Remember together we will all get there, wherever that may be for each of us individually.

Not a sprint but a marathon. (This is the most important takeaway for all of us) Will always hold true as far as I am concerned no matter what anyone else thinks on the outside. 

Fedheads on tap this week are as follows:

Confirmed Fed Speeches:

  • Thursday 8/17
    • Robert Kaplan (1:00 PM ET)
    • Neel Kashkari (1:45 PM ET)
  • Friday 8/18
    • Robert Kaplan (10:15 AM ET)

On the earnings front, we are down to tag ends like I said just above:

  • Tues 8/15
    • Open: Home Depot (HD), Coach (COH), TJX (TJX), Advanced Auto (AAP), Dicks Sporting Goods (DKS)
    • Close: Agilent (A), Urban Outfitters (URBN), Viavi (VIAV)
  • Wed 8/16
    • Open: Target (TGT), Enzymotec (ENZY), CYREN (CYRN), Performance Food Group (PFGC)
    • Close: Cisco Systems (CSCO), L Brands (LB), China Lodging (HTHT), CACI Intl (CACI), Briggs & Stratton (BGG), Stein Mart (SMRT), Vipshop (VIPS)
  • Thurs 8/17
    • Open: Wal-Mart (WMT), Cato (CATO), Alibaba (BABA), Madison Square Garden (MSG)
    • Close: Gap (GPS), Adtalem Global Education (ATGE), America's Car-Mart (CRMT), Globant (GLOB), Applied Materials (AMAT), Ross Stores (ROST)
  • Fri 8/18
    • Open: Deere (DE), Estee Lauder (EL), Foot Locker (FL), Hibbett Sporting (HIBB)
    • Close:


Once again, my apologies to make you all suffer through the following housekeeping details again but it will be done with soon (August 22).


Just a quick reminder that the subscription rates for jaysomaney.com went up on July 22, 2017. The rate change will affect everyone on a rolling basis. So for instance, for those of you that paid their monthly subscription on July 21, 2017, the new rate for you will not take effect until August 21, 2017. For those of you that had their subscription renew on July 22, 2017, you are merely required to hit the link on jaysomaney.com and you will be redirected to Paypal where you just have to select the new payment, $99 or $109 (includes text/sms alerts).


Simple as that.


Until next week, may the trading Goddesses/Gods smile on all your trades/dice rolls/coin tosses.


Be safe, 

Jay

Weekly Update Ended August 5, 2017

Last week was mostly a mixed bag in techland with major earnings mostly out of the way. However, we still have a few companies reporting this week starting with Twilio tonight after the closing bell. Wednesday we will hear from Netease followed by Nvidia on Thursday, both after the closing bell. In the case of Netease, well after the closing bell.  

We managed to get through last week without a staged event (always on the downside) by Wall Street but it was still a week of one-step forward and one and a half back. Something that will be even more pronounced going forward given the fact that our indices keep scaling new highs and the sheer number of people on both sides of the trade (good guys and darksiders) angry that the markets keep running away from them.

Last week, we had a similar situation in AAOI like we did in Amazon and Google the week before, where I sold before the earnings print which turned out to be the spot on decision. Investing is not just about finding the winners but is also about avoiding the pitfalls. It's all good.

Overnight, Asian markets mostly higher with Shanghai up 0.53%, HK up 0.46%, Nikkei higher by 0.52%, Taiwan up 0.69% while Bombay was down 0.16%. On the flip side and across the pond markets are more sedate as our futures vacillate around the flattish levels.

Overnight upgrades and downgrades and news from over the weekend are already up in our little room. 

The jaysomaney.com account ended up 197% year-to-date versus 207% from a week ago and 175% two weeks ago. The liquidation value as of this past Friday is now at $796,009 with $536,644 of that in cash. In the prior week ago period, we were up 207% YTD, and liquidation value from the closing levels a week ago was at $823,934 just as a point of easy reference for all of you. 

As a few of you have pointed out in the past and continue to do so, we are very cash heavy in the account and that is not the optimal situation however I find that with high cash levels, it helps me stay calm when Wall Street decides to stage one of their "generate commish at all costs" events. I do realize that earning 1%/year is not optimal but neither is the alternative as far as I am concerned, especially in options trading. 

I am more than happy to buy stock if you all are okay with that. (Email me jay@jaysomaney.com)

Incidentally, I just received one response last week to the request about buying stock. Maybe, this week, it will be more.

Please check your inboxes for a list of trades from last week.

Here we go with the usual part of the update:

Please keep your positions in size with your account size (value). Most importantly please remember that I am running a marathon here and not a sprint. I am in no hurry whatsoever for any position and thus will not enter a position unless I feel the risk/reward is stacked in my favor. Yes, I will occasionally have positions work against me despite the risk/reward prior to the trade but if I was batting a thousand, none of us would be in our little room. We would all be on our own private islands. Even more important for all of us to remember that trades and opportunities will come no matter what the markets are doing. 

Please, please don't roll the dice and don't bet on any one single position without keeping the size relative to your overall account. I promise you even 1 or 2 call options at a time add up to spectacular returns over time. 

There is nothing worse than seeing someone (new or experienced) blow up his/her own account by going "all in", long or short.  Please avoid those sort of "investments" As my dad used to tell me all the time, "Rome wasn't built in a day".

Remember together we will all get there, wherever that may be for each of us individually.

Not a sprint but a marathon. (This is the most important takeaway for all of us) Will always hold true as far as I am concerned no matter what anyone else thinks on the outside. 

This week we are back to a heavy week of Fedhead talk--

Confirmed Fed Speeches:

  • Monday 8/07
    • James Bullard (11:45 AM ET)
    • Neel Kashkari (1:25 PM ET)
  • Thursday 8/10
    • William Dudley (10:00 AM ET)
  • Friday 8/11
    • Robert Kaplan (9:40 AM ET)
    • Neel Kashkari (11:30 AM ET)

On the earnings front, we still have a full plate although not necessarily in techland.

Earnings

  • Mon 8/7
    • Open: Tyson Foods (TSN), First Data (FDC), DCP Midstream (DCP), Booz Allen Hamilton (BAH), Ply Gem Holdings (PGEM), Horizon Pharma (HZNP)
    • Close: Marriot (MAR), Plains All Americans (PAA), Plains GP (PAGP), Tenet Healthcare (THC), Liberty Global (LBTYA), CBS (CBS), CB&I (CBI), Avis Budget (CAR), Envision (EVHC), Albemarle (ALB)
  • Tues 8/8
    • Open: CVS Health (CVS), Aecom Tech (ACM), ARAMARK Holdings (ARMK), Henry Schein (HSIC), AES (AES), Jacobs (JEC), Valeant Pharma (VRX), Dean Foods (DF), Discovery (DISCA), Expeditors Intl (EXPD), Ralph Lauren (RL), Zoetis (ZTS), Sealed Air (SEE), Michael Kors (KORS), Gartner (IT), Nexstar (NXST), SeaWorld Entertainment (SEAS)
    • Close: Cimarex Energy Co (XEC), DXC Technology (DXC), Walt Disney (DIS), Energy Transfer Equity (ETE), Energy Transfer (ETP), Sunoco LP (SUN), Priceline (PCLN), Hertz Global (HTZ), Lions Gate Entertainment (LGF.A), GoDaddy (GDDY), TripAdvisor (TRIP), Zillow (ZG) 
  • Wed 8/9
    • Open: US Foods (USFD), Avnet (AVT), Mylan N.V. (MYL), Office Depot (ODP), Global Partners (GLP), Scripps Networks Interactive (SNI), Wolverine (WWW), Hospitality Props (HPT), Quorum (QHC), Wendy's (WEN)
    • Close: Manulife Financial (MFC), Sun Life (SLF), 21st Century Fox (FOXA), Agrium (AGU), Live Nation (LYV), Netease.com (NTES), Jack in The Box (JACK)
  • Thurs 8/10
    • Open: Macy's (M), Brookfield Asset Management (BAM), Kohl's (KSS), Coca-Cola European Partners (CCE), Broadridge Financial (BR), Perrigo (PRGO), Pinnacle (PNK)
    • Close: Nordstrom (JWN), News Corp. (NWSA), NVIDIA (NVDA), Snap (SNAP)
  • Fri 8/11
    • Open: Magna (MGA), Telus (TU), Applied Industrial (AIT), J.C. Penney
    • Close:  

 Sorry to make you all suffer through the following again but it will be done with soon (August 22).

Just a quick reminder that the subscription rates for jaysomaney.com went up on July 22, 2017. The rate change will affect everyone on a rolling basis. So for instance, for those of you that paid their monthly subscription on July 21, 2017, the new rate for you will not take effect until August 21, 2017. For those of you that had their subscription renew on July 22, 2017, you are merely required to hit the link on jaysomaney.com and you will be redirected to Paypal where you just have to select the new payment, $99 or $109 (includes text/sms alerts).


Simple as that.


Until next week, may the trading Goddesses/Gods smile on all your trades/dice rolls/coin tosses.


Be safe, 

Jay

Weekly Update Ended July 29, 2017

Last week was generally upbeat in techland saved for that staged event by JPM with their "me-too" macro call on Thursday which initially had no effect on the markets Thursday morning. However, by noon or so that day, the algos turned negative full blast and the Nazz got hit for over 110 points intra-day before closing down about 40 points on the day. This Wall Street staged events are getting more frequent and will continue to happen regularly as our markets keep scaling new highs.

Earnings in mega-cap techland turned out to be an anti-climax as far as Amazon and Google were concerned with both stock dropping 3-4% after their respective results however Facebook was the saving grace last week. I traded out on both Googl and Amazon prior to their print which was the only move to make as far as I was concerned. I received a couple of emails why I didnt short (buy puts) given that I had the foresight to sell ahead of the number?  LOL..everyone is an Einstein in hindsight. That is always true. Secondly, I did not sell because I knew their numbers would be perceived as disappointments. No one can predict that and if someone tells you they can, they are flat-out lying to you. I sold because the R/R was not in favor of staying long any more. To me, it was not. 

Overnight, Asian markets were mostly higher with the exception of the Nikkei which was down 35 points or 0.17%, Hong Kong traded higher by 345 points or 1.28%, Mumbai higher by 205 points or 0.63%, Seoul closing up 2 or 0.07%, Taiwan higher by 4 or 0.04% and the Big Daddy in Asia, Shanghai trading higher by 20 points or up 0.61%. 

Across the pond markets are mixed with the CAC down 0.09%, the DAX higher by 0.18% and the FTSE is higher by 0.32%.

Our futures are slightly green with the e-mins up 2 while Nazz futures are higher by 8 points although we still have a long time to go before our markets open up for the day and for the week.

Early/overnight UGs/DGs are in our little room already. At least, the ones that are out thus far.

The jaysomaney.com account ended up 207% year-to-date versus 175% from a week ago and 125% two weeks ago. Not shabby. The liquidation value as of this past Friday is now at $823,934 with $531,144 of that in cash. In the prior week ago period, we were up 175% YTD, and liquidation value from the closing levels a week ago was at $738,124 just as a point of easy reference for all of you. 

As a few of you have pointed out in the past and continue to do so, we are very cash heavy in the account and that is not the optimal situation however I find that with high cash levels, it helps me stay calm when Wall Street decides to stage one of their "generate commish at all costs" events. I do realize that earning 1%/year is not optimal but neither is the alternative as far as I am concerned, especially in options trading. 

I am more than happy to buy stock if you all are okay with that. (Email me jay@jaysomaney.com)

Please check your inboxes for a list of trades from last week.

Here we go with the usual part of the update:

Please keep your positions in size with your account size (value). Most importantly please remember that I am running a marathon here and not a sprint. I am in no hurry whatsoever for any position and thus will not enter a position unless I feel the risk/reward is stacked in my favor. Yes, I will occasionally have positions work against me despite the risk/reward prior to the trade but if I was batting a thousand, none of us would be in our little room. We would all be on our own private islands. Even more important for all of us to remember that trades and opportunities will come no matter what the markets are doing. 

Please, please don't roll the dice and don't bet on any one single position without keeping the size relative to your overall account. I promise you even 1 or 2 call options at a time add up to spectacular returns over time. 

There is nothing worse than seeing someone (new or experienced) blow up his/her own account by going "all in", long or short.  Please avoid those sort of "investments" As my dad used to tell me all the time, "Rome wasn't built in a day".

Remember together we will all get there, wherever that may be for each of us individually.

Not a sprint but a marathon. (This is the most important takeaway for all of us) Will always hold true as far as I am concerned no matter what anyone else thinks on the outside. 

This week the calendar was not turned in to me on time so we will have to switch to another format for key events this week.

Notable earnings reports: Pandora (NYSE:P) and Dish Network (NASDAQ:DISH) on July 31; Under Armour (NYSE:UAA), Apple (NASDAQ:AAPL), FireEye (NASDAQ:FEYE), Pfizer (NYSE:PFE) and Illumina (NASDAQ:ILMN) on August 1; Tesla (NASDAQ:TSLA) and Fitbit (NYSE:FIT) on August 2; GoPro (NASDAQ:GPRO), Yum Brands (NYSE:YUM), Shake Shack (NYSE:SHAK), Activision Blizzard (NASDAQ:ATVI) on August 3; Berkshire Hathaway (BRK.ABRK.B), Cigna (NYSE:CI) on August 4.

Expected IPO pricings: Clementia Pharmaceuticals (Pending:CMTA) onAugust 2, Venator Materials (Pending:VNTR) on August 3.

IPO quiet period expirations: Snap (NYSE:SNAP), Laureate Education (NASDAQ:LAUR), Bison Capital Acquisition (NASDAQ:BCACU) and Constellation Alpha Capital (NASDAQ:CNACU) on July 31; Altice USA (NYSE:ATUS), Safety, Income & Growth (Pending:SAFE) and SG Blocks (NASDAQ:SGBX) on August 1.

Secondary offering lockup expirations: James River Corp (NASDAQ:JRVR) on July 31; Smart Sand (NASDAQ:SND) on August 1; Shopify (NYSE:SHOP), Artana Therapeutics (NASDAQ:PETX), Interpace Diagnostics (NASDAQ:IDXG) and Ignyta (NASDAQ:RXDX) on August 2; GoDaddy (NYSE:GDDY), American Superconductor (NASDAQ:AMSC) and AmpliPhi Biosciences (NYSEMKT:APHB) on August 3.

Notable annual meeting: Bristow Group (NYSE:BRS) on August 2; Electronic Arts (NASDAQ:EA), Michael Kors (NYSE:KORS) and Hasbro (NASDAQ:HAS) on August 3.

For your reading pleasure:

https://www.forbes.com/sites/jaysomaney/2017/07/27/if-growth-is-back-at-baidu-shares-could-be-cheap/#3e5924601035

https://www.forbes.com/sites/jaysomaney/2017/07/27/facebook-reports-strong-numbers-across-the-board-second-half-caution-reiterated/#4e898ef11040

https://www.forbes.com/sites/jaysomaney/2017/07/26/wall-street-loves-facebook-into-earnings-tonight/#7d69de013e20

https://www.forbes.com/sites/jaysomaney/2017/07/26/amd-blowout-signals-continued-opportunity-in-nvidia-and-an-another-sector-as-well/#6bda3e3e3727

https://www.forbes.com/sites/jaysomaney/2017/07/25/google-is-giving-investors-a-chance-yet-again/

Just a quick reminder that the subscription rates for jaysomaney.com went up on July 22, 2017. The rate change will affect everyone on a rolling basis. So for instance, for those of you that paid their monthly subscription on July 21, 2017, the new rate for you will not take effect until August 21, 2017. For those of you that had their subscription renew on July 22, 2017, you are merely required to hit the link on jaysomaney.com and you will be redirected to Paypal where you just have to select the new payment, $99 or $109 (includes text/sms alerts).


Simple as that.


Until next week, may the trading Goddesses/Gods smile on all your trades/dice rolls/coin tosses.


Be safe, 

Jay

Weekly Update Ended July 22, 2017

Last week was a generally positive week in techland thanks to Netflix kicking things off in the sector on a very positive note a week ago. Like I have said, Netflix is a subscriber addition investment and they are adding subs impressively. Also helping matters, however slightly, is their earnings beat which also beat Street estimates handily.

Overnight, Asian markets were mostly higher with the exception of the Nikkei which was down 124 points or 0.62%, Hong Kong traded higher by 141 points or 0.53%, Mumbai higher by 217 points or 0.68%, Seoul closing up 1 or 0.06%, Taiwan higher by 25 or 0.24% and the Big Daddy in Asia, Shanghai trading lower by 13 points or up 0.39%. 

Across the pond markets are mostly lower on the USD taking a pounding (lol) with the CAC down 0.2%, the DAX lower by 0.4% and the FTSE is lower by 0.92%.

Our futures are slightly red with the e-mins down 2.5 while Nazz futures are lower by 8 points although we still have a long time to go before our markets open up for the day and for the week.

Early/overnight UGs/DGs are in our little room.

The jaysomaney.com account ended up 175% year-to-date versus 125% from a week ago and 77% two weeks ago. Not shabby. The liquidation value as of this past Friday is now at $738,124 with $469,664 of that in cash. In the prior week ago period, we were up 125% YTD, and liquidation value from the closing levels a week ago was at $604,678 just as a point of easy reference for all of you.   

Please check your inboxes for a list of trades from last week.

Here we go with the usual part of the update:

Please keep your positions in size with your account size (value). Most importantly please remember that I am running a marathon here and not a sprint. I am in no hurry whatsoever for any position and thus will not enter a position unless I feel the risk/reward is stacked in my favor. Yes, I will occasionally have positions work against me despite the risk/reward prior to the trade but if I was batting a thousand, none of us would be in our little room. We would all be on our own private islands. Even more important for all of us to remember that trades and opportunities will come no matter what the markets are doing. 

Please, please don't roll the dice and don't bet on any one single position without keeping the size relative to your overall account. I promise you even 1 or 2 call options at a time add up to spectacular returns over time. 

There is nothing worse than seeing someone (new or experienced) blow up his/her own account by going "all in", long or short.  Please avoid those sort of "investments" As my dad used to tell me all the time, "Rome wasn't built in a day".

Remember together we will all get there, wherever that may be for each of us individually.

Not a sprint but a marathon. (This is the most important takeaway for all of us) Will always hold true as far as I am concerned no matter what anyone else thinks on the outside. 

This week we yet again have to deal with the FOMC meeting tomorrow which will conclude at 2 pm on Wednesday with an announcement on interest rates (no change) and the accompanying policy outlook.

On the ER front, we are smack-dab in the middle of things:

Earnings

  • Mon 7/24
    • Open: Philips (PHG), Manpower (MAN), Halliburton (HAL), Illinois Tool (ITW) Arconic (ARNC), Stanley Black & Decker (SWK), V.F. Corp (VFC), RPM Inc (RPM), Lennox Int'l (LII), Hasbro (HAS), TCF Financials (TCF), Cal-Maine Foods (CALM), Bank of Hawaii (BOH), Helix Energy (HLX), Opus Bank (OPB), Scorpio Bulkers (SALT), Silicom Limited (SILC)
    • Close: Alphabet (GOOG), Anadarko Petroleum (APC), Celanese (CE), Everest Re (RE), Swift Transportation (SWFT), Crane (CR), Woodward (WWD), Werner Enterprises (WERN), Hexcel (HXL), HNI (HNI), Logitech Intl SA (LOGI), Cadence Design (CDNS), J&J Snack Foods (JJFS), American Campus Communites (ACC), Core Labs (CLB), Heidrick & Struggles (HSII), Moelis (MC), HomeStreet (HMST), NBT Bancorp (NBTB), Equity Commonwealth (EQC), Rambus (RMBS), Independent Bank Group (IBTX), CryoLife (CRY), Agree Realty (ADC)
  • Tues 7/25
    • Open: General Motors (GM), United Tech (UTX), Centene (CNC), Caterpillar (CAT), HCA (HCA), 3M (MMM), DuPont (DD), McDonald's (MCD), Eli Lilly (LLY), Kimberly-Clark (KMB), Supervalu (SVU), Freeport-McMoRan (FCX), Biogen (BIIB), Seagate Tech (STX), Interpublic (IPG), Quest Diagnostics (DGX), JetBlue Airways (JBLU), AK Steel (AKS), Watsco (WSO), Pentair (PNR), T. Rowe Price (TROW), Graphic Packaging (GPK), Allegheny Tech (ATI), McDermott (MDR), Domino's Pizza (DPZ), TransUnion (TRU),
    • Close: AT&T (T), Express Scripts (ESRX), Chubb (CB), Amgen (AMGN), Texas Instruments (TXN), Canadian Natl Rail (CNI), U.S. Steel (X), Ameriprise Financial (AMP), Universal Health (UHS), Juniper Networks (JNPR), Chipotle Mexican Grill (CMG), Advanced Micro Devices (AMD), Zions Bancorp (ZION), Equity Residential (EQR), Akamai Tech (AKAM), IDEX Corp (IEX), RenaissanceRe (RNR), CoreLogic (CLGX), Shutterfly (SFLY), iRobot (IRBT)
  • Wed 7/26
    • Open: United Micro (UMC), Ford Motor (F), Boeing (BA), Anthem (ANTM), Coca-Cola (KO), General Dynamics (GD), Northrop Grumman (NOC), CNH Industrial (CNHI), Thermo Fisher (TMO), Lear (LEA), NextEra Energy (NEE), Ingersoll-Rand (IR), Waste Management (WM), Norfolk Southern (NSC), Corning (GLW), Labratory Corp (LH), Hilton (HLT), Alaska Air (ALK), STMicroelectronics (STM), Ryder System (R), Hershey Foods (HSY), Rockwell Automation (ROK), Owens Corning (OC), Hess (HES), Brinks (BCO), NASDAQ (NDAQ), Tupperware (TUP), Six Flags (SIX), FLIR Systems (FLIR), IMAX (IMAX), Angie's List (ANGI)
    • Close: Facebook (FB), Suncor Energy (SU), Gilead Sciences (GILD), Whole Foods (WFM), PayPal (PYPL), XL Group plc (XL), Discover Financial Services (DFS), Lam Research (LRCX), O'Reilly Auto (ORLY), Barrick Gold (ABX), Tractor Supply (TSCO), Raymond James (RJF), Packaging Corp (PKG), Equifax (EFX), Edwards Lifesciences (EW), F5 Networks (FFIV), Buffalo Wild Wings (BWLD), NETGEAR (NTGR)
  • Thurs 7/27
    • Open: Royal Dutch Shell (RDS.A), McKesson (MCK), Verizon (VZ), Fiat Chrysler (FCAU),Comcast (CMCSA), Valero Energy (VLO), ArcelorMittal (MT), Marathon Petroleum (MPC), UPS (UPS), Anheuser-Busch InBev (BUD), Dow Chemical (DOW), Charter Comm (CHTR), Johnson Controls (JCI), ConocoPhillips (COP), Raytheon (RTN), Southwest Air (LUV), Intl Paper (IP), Nokia (NOK)
    • Close: Amazon (AMZN), Intel (INTC), Flex (FLEX), Starbucks (SBUX), AFLAC (AFL), Western Digital (WDC), Hartford Financial (HIG), Principal Financial (PFG), Edison (EIX), Reinsurance Group of America (RGA), Stryker (SYK), Unum Group (UNM), Expedia (EXPE), Republic Services (RSG), Mohawk (MHK), Eastman Chemical (EMN), Eversource Energy (ES), National Oilwell Varco (NOV)
  •  Fri 7/28
    • Open: Banco Santander (BSAC), Exxon Mobil (XOM), Chevron (CVX), Yandex N.V. (YNDX), Merck (MRK), Imperial Oil (IMO), LyondellBasell (LYB), AbbVie (ABBV), Sonic Automotive (SAH), Baker Hughes (BHGE), Rockwell Collins (COL), Weyerhaeuser (WY), Franklin Resources (BEN), Santander Consumer USA (SC), Welltower (HCN), Iron Mountain (IRM), Barnes Group (B), First Bancorp (FBP)
    • Close:

Confirmed Fed Speeches:

  • Friday 7/28
    • Neel Kashkari (1:20 PM ET)

For your reading pleasure:


https://www.forbes.com/sites/jaysomaney/2017/07/23/the-12-billion-investment-in-china-unicom-could-spur-the-next-leg-up-for-lumentum-oclaro-et-al/?utm_source=followingweekly&utm_medium=email&utm_campaign=20170724#3e5aec8b7b18


https://www.forbes.com/sites/jaysomaney/2017/07/23/google-earnings-tomorrow-could-be-confusing/?utm_source=followingweekly&utm_medium=email&utm_campaign=20170724#34ab853b11ca


https://www.forbes.com/sites/jaysomaney/2017/07/20/despite-the-crying-the-first-us-china-comprehensive-economic-dialogue-was-better-than-expected/?utm_source=followingweekly&utm_medium=email&utm_campaign=20170724#49cc08cf9132


https://www.forbes.com/sites/jaysomaney/2017/07/18/ignore-nvidia-at-your-own-peril/?utm_source=followingweekly&utm_medium=email&utm_campaign=20170724#5d4c588043a1


https://www.forbes.com/sites/jaysomaney/2017/07/18/netflix-busts-a-move-on-terrific-subscriber-additions-despite-seasonality/#3e1cf29850be


https://www.forbes.com/sites/jaysomaney/2017/07/17/its-the-netflix-earnings-show-tonight/#420d4b341af4


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Simple as that.


Until next week, may the trading Goddesses/Gods smile on all your trades/dice rolls/coin tosses.


Be safe, 

Jay