"Earnings season .vs. hope of QE3", "SPY, TLT, LQD, DJP, UGL, SLV"

In the backdrop of all the government incentives failing, the earnings season must hold strong results to keep the market floating. Let the hunger games begin - Earnings season .vs. Hope of QE3.


For the week starting June 28th, the market Sectors Returns (week over week) and Internals were the following:

• SP 500:  -0.55
• Volatility Index % change, VIX = -0.12%
• Short term bond rate (average of 3 year and 5 year) = 0.505%
• 10 year Treasury yield = 1.57%
• Small Cap (IWM): 1.22%
• Latin America (ILF): 0.24%
• Europe (IEV): -1.99%
• Emerging Markets (EEM): -0.92%
• 
  
• Commodities (DBC): 0.62%
• Long term Bonds (TLT): 1.7%
• US Dollar Index, 8 DMA: 82.49
• Gold, (GLD) change: -0.95%
•  
• Put/Call Ratio, total of equity/Index = 1.09
• Bull/Bear Ratio, Investors Intelligence survey = 
• NYSE (New Highs - New lows), 8 DMA = 220.98

Next Week's economic calendar:

• Consumer Credit - 7/9
• FOMC Minutes  - 7/11
• PPI, Core PPI - 7/13

"UGL, CEF, DJP, DBC", "401K, Obamacare, Mortgage rates"

The Euro zone leadership said to the banks that "we will pay you with the discounted paper money now" ..


For the week starting June 28th, the market Sectors Returns (week over week) and Internals were the following:

SP 500:  2.03%

• Volatility Index % change, VIX = -5.7%
• Short term bond rate (average of 3 year and 5 year) = 0.565%
• 10 year Treasury yield = 1.67%
• Small Cap (IWM): 3.18%
• Latin America (ILF): 3.06%
• Europe (IEV): 2.81%
• Emerging Markets (EEM): 3.55%
• 
  
• Commodities (DBC): 5.58%
• Long term Bonds (TLT): 0.14%
• US Dollar Index, 8 DMA: 82.22
• Gold, (GLD) change: 1.67%
•  
• Put/Call Ratio, total of equity/Index = 0.89
• Bull/Bear Ratio, Investors Intelligence survey = 
• NYSE (New Highs - New lows), 8 DMA = 119.68

Next Week's economic calendar:

• ISM Index - 7/2
• Auto Sales, Factory traders  - 7/3
• ISM services, crude inventories - 7/5
• Unemployment rate - 7/6

"Pain in Spain is seen as declining", "QE and US Dollar easing", "IWM, SPY, TLT, GLD, VXX"

Hopes of QEs around the globe is stimulating "risk on" trade. Dollar is on the retreat as well.


For the week starting March 19th, the market Sectors Returns (week over week) and Internals were the following:

SP 500:  3.73%

• Volatility Index % change, VIX = -20.37%
• Short term bond rate (average of 3 year and 5 year) = 0.55%
• 10 year Treasury yield = 1.65%
• Small Cap (IWM): 4.27%
• Latin America (ILF): 3.14%
• Europe (IEV): 4.61%
• Emerging Markets (EEM): 3.38%
• 
  
• Commodities (DBC): 1.7%
• Long term Bonds (TLT): -3.95%
• US Dollar Index, 8 DMA: 82.43
• Gold, (GLD) change: -1.76%
•  
• Put/Call Ratio, total of equity/Index = 0.96
• Bull/Bear Ratio, Investors Intelligence survey = 
• NYSE (New Highs - New lows), 8 DMA = 10.66
• 
  

Next Week's economic calendar:

• MBA Mortgage index, retail sales, PPI, Core PPI, Business Inventory - 6/13
• Core CPI,  Industrial Production, Michigan Sentiment  - 6/15

"GLD, UGL, SLV, SLW, BWLD, CSTR, RAX, BWLD, SCSS, FIRE, ASNA, TDC, SWI, FFIV"

Is it declining dollar or the quarter end window dressing that is mattering to the market these days? Earnings season can hold a big secret since the slow down in Europe can affect the sales in the US.

For the week starting March 19th, the market Sectors Returns (week over week) and Internals were the following:

SP 500:  -0.5%

• Volatility Index % change, VIX = -6.9%
• Short term bond rate (average of 3 year and 5 year) = 0.64%
• 10 year Treasury yield = 2.04%
• Small Cap (IWM): -0.08%
• Latin America (ILF): -1.67%
• Europe (IEV): -1.73%
• Emerging Markets (EEM): -2.7%
• 
  
• Commodities (DBC): -1.45%
• Long term Bonds (TLT): 1.6%
• US Dollar Index, 8 DMA: 79.9
• Gold, (GLD) change: 0.14%
•  
• Put/Call Ratio, total of equity/Index = 0.78
• Bull/Bear Ratio, Investors Intelligence survey = 
• NYSE (New Highs - New lows), 8 DMA = 205.1
• 
  

Next Week's economic calendar:

• Pending Home sales - 3/26
• Case Schiller 20 city Index, consumer confidence - 3/27
• Durable orders - 3/28
• GDP 3rd estimate - 3/29
• Chicago PMI, PCE - 3/30
• 
  

"DZZ, UGL, SPY, TLT, TBF, LULU, CEF, AAPL ", "When will Apple snap-ple?"

Just looking at the technical indicators of exponentially soaring AAPL, the question that comes to my mind is "When will Apple Snapple?"

For the week starting March 5th, the market Sectors Returns (week over week) and Internals were the following:

SP 500:  0.09%

• Volatility Index % change, VIX = -1.04%
• Short term bond rate (average of 3 year and 5 year) = 0.64%
• 10 year Treasury yield = 2.04%
• Small Cap (IWM): 0.96%
• Latin America (ILF): -2.9%
• Europe (IEV): -1.25%
• Emerging Markets (EEM): -1.9%
• 
  
• Commodities (DBC): -0.58%
• Long term Bonds (TLT): -1.01%
• US Dollar Index, 8 DMA: 79.89
• Gold, (GLD) change: 0.02%
•  
• Put/Call Ratio, total of equity/Index = 0.9
• Bull/Bear Ratio, Investors Intelligence survey = 
• NYSE (New Highs - New lows), 8 DMA = 134.15

Next Week's economic calendar:

• Retail sales, FOMC rate decision - 3/13
• Core CPI, Industrial Production - 3/16
•