AI
| Followers | 689 |
| Posts | 143817 |
| Boards Moderated | 35 |
| Alias Born | 03/10/2004 |
Friday, July 21, 2017 9:27:17 AM
CBOE Morning Call
By Russell Rhoads | July 21, 2017
Big Picture
Two big themes to watch going into next week. We get the brunt of 2Q 2017 earnings reports next week which creates some trading opportunities (for the short-term people here) and also gives us some insight into what companies think about the second half of this year (for those of us in the long game). Also, we do get an FOMC announcement on Wednesday. The fixed income futures market is pricing in a 96.9% chance that rates remain unchanged and the odds of a December hike recently moved below 50%.
Overnight / Pre-Market
VIX is up slightly and US futures are down a bit. VIX remains at post 2008 lows and just off the all-time low. Several companies reported after the close and are on the move this morning.
Higher off earnings: COF + 4.5%, MSFT + V +0.50%
Lower off earnings: AAL -0.7%, GE -3.0%, EBAY -3.8%
EBAY was discussed on What’s Trading Yesterday - What's Trading EBAY
Also, AMZN is under investigation for pricing practices, the stock is only down about 0.75%
Looking Forward
As mentioned there’s a very large list of stocks reporting next week. Here’s the names for Monday.
The full list of these stocks can be found at Earnings Week of 7/24/2017 - 7/28/2017
http://www.cboe.com/blogs/options-hub/2017/07/21/cboe-morning-call---7-21-2017
• DiscoverGold
By Russell Rhoads | July 21, 2017
Big Picture
Two big themes to watch going into next week. We get the brunt of 2Q 2017 earnings reports next week which creates some trading opportunities (for the short-term people here) and also gives us some insight into what companies think about the second half of this year (for those of us in the long game). Also, we do get an FOMC announcement on Wednesday. The fixed income futures market is pricing in a 96.9% chance that rates remain unchanged and the odds of a December hike recently moved below 50%.
Overnight / Pre-Market
VIX is up slightly and US futures are down a bit. VIX remains at post 2008 lows and just off the all-time low. Several companies reported after the close and are on the move this morning.
Higher off earnings: COF + 4.5%, MSFT + V +0.50%
Lower off earnings: AAL -0.7%, GE -3.0%, EBAY -3.8%
EBAY was discussed on What’s Trading Yesterday - What's Trading EBAY
Also, AMZN is under investigation for pricing practices, the stock is only down about 0.75%
Looking Forward
As mentioned there’s a very large list of stocks reporting next week. Here’s the names for Monday.
The full list of these stocks can be found at Earnings Week of 7/24/2017 - 7/28/2017
http://www.cboe.com/blogs/options-hub/2017/07/21/cboe-morning-call---7-21-2017
• DiscoverGold
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Your Due Dilegence is a must!
• DiscoverGold
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
