For a combine. To explain why and how, this could the season to sow a plan around adm options action starts right now. Lets jump right in another huge slate of earnings coming up this coming week including chart masters say investors should take caution before heading into it. It is the biggest week in terms of earnings, but there is a circumstance, the five biggest names are all reporting on the same calendar week it goes back to facebook he is ipo. The three other times this has happened, apple, microsoft, amazon, google, it has been a down week each time. What we know is that the market itself is so dependent on tech andor growth. Look at the first bullet point basically when tech is down, the s p itself is down 80 of the time the second bullet point. When the growth index now we pick up amazon and google and facebook when the s p growth index is down, the tech sector is down 93 of the time. Take a look at the chart it peaked on september 2 its the area that broke the hardest droppi
Could the season to sow a plan around adm its time to risk less and make more options action starts right now. Lets jump right in another huge slate of earnings coming up this coming week including facebook, apple, amazon and alphabet. Chart masters say investors should take caution before heading into it. It is the biggest week in terms of earnings, but there is a circumstance thats only happened three other times the five biggest names are all reporting on the same calendar week it goes back to facebooks ipo the three other times this has happened, apple, microsoft, amazon, google, it has been a down week each time. In any event, lets look at a table or two and then a chart of the qqq. What we know is that the market itself is so dependent on tech and or growth. Look at the first bullet point basically when tech is down, the s p itself is down 80 of the time look at the second bullet point. When the growth index now we pick up amazon and google and facebook meaning bhig marquee growt
Im sara eisen im wilfred frost good morning to you from me as well very good morning to you i dont get to say that often. Its been a lot of travel lately and im today youre off for work west coast, for work. Dont sound sosurprised. Wanted to clear it up lets get to the markets. Have a look at what theyre doing. The dow getting closer to 23,000 we hit the highs in the morning, then sold off a bit. We close up for the dow about 0. 4 less than that for the nasdaq. The s p was up 0. 2 . Telcos the top sector. Banks also did well as we saw yields pick up real estate and healthcare were the disappointing sectors. Essentially flat this morning. Yields did pick up yesterday that manufacturing data was better than expected really brought a smile to rick santellis face as well. He enjoyed that number 2. 31 the yield on the tenyear that slight pick up helping bank stocks as for the overnight action in asia. Sort of mixed picture. Japans nikkei continued to push higher, up 0. 4 . Loving that weake