Week Beginning August 07, 2017
A Tidal Wave Of Earnings To Profit From!
There will be a tidal wave of earnings in the week ahead that will provide plenty of profits for the astute options trader; particularly with volatility picking up as the earnings season winds down.
Looking at the overall results for the major indexes past week:
• The Dow rose 1.2 percent, closing at its eighth straight record high Friday at 22,092.
• The S&P 500 was barely higher, up just 0.2 percent at 2476, eight points below its all-time high.
• The Nasdaq was lower for the week, down 0.4 percent at 6,351.
• The VIX, CBOE's volatility index, meanwhile, fell more than 3 percent.
There are only about 16% of the S&P 500 companies still to report this earnings season, with 35 index members reporting in the week ahead; with the bulk of results coming from the retail and media sectors; with reports from Disney and News Corp report, and retailers Macy's, Nordstrom, Kohl's and JCPenney.......
Options Trades to Consider Based on Expected Earnings Reports:................
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A Look Back At Last Week’s Earnings Predictions
Best of Trading,
Director of Stock Options Made Easy