Blog
Frank Fahey: Market News for the Prepared Mind: 10.30-11.6.2017
October 30, 2017
“Chance favors the Prepared Mind.” – Louis Pasteur
“If I panic, everyone else panics.” – Kobe Bryant
“Any bull market covers a multitude of sins, so there may be all sorts of problems with the current system that we won’t see until the bear market comes.” – Ron Chernow
“The key to risk management is never putting yourself in a position where you cannot live to fight another day.” – Dick Fuld
“In November you begin to know how long the winter will be.” – Martha Gellhorn
“Panic is a natural human response to danger, but it’s one that severely compounds the risk.” – David Ignatius
Tech stocks led the NASDAQ and S&P 500 to new highs. Euphoria has not accompanied these new highs. Global central bank support has resulted in an environment where every market pullback is a buying opportunity. I continue to be skeptical, wary and to this date, wrong. The markets seem to have a continuing ability to shake off and and all bad news. The major concerns are higher inflation and the appointment of a new Fed chief. Either could force central banks and the fed to take a more hawkish stance.
| Index | 27-Oct | Change | % Weekly | 2017 YTD | Volatility of Index |
| Dow Jones Industrials (DJIA) | 23434.19 | 105.56 | 0.45% | 18.58% | 11.89% (VXD) |
| S&P 500 (SPX) | 2581.07 | 5.86 | 0.23% | 15.31% | 9.80% (VIX) |
| NASDAQ 100 (NDX) | 6213.47 | 104.65 | 1.71% | 27.75% | 14.30% (VXN) |
| Russell 2000 (RUT) | 1508.32 | (0.96) | -0.06% | 11.14% | 13.49%(RVX) |
| S&P 100 (OEX) | 1140.09 | 4.83 | 0.43% | 14.99% | 8.27%(VXO) |
| Dow Jones Transportation (TRAN) | 4784.36 | (82.44) | -1.69% | 18.09% | NA |
| Crude Oil (CLz7) | 54.19 | 2.12 | 4.07% | 0.56% | 25.18%(OVX) |
| Gold (GCZ7) | 1274.60 | (7.20) | -0.56% | 10.64% | 11.48%(GVZ) |
| CBOE Volatility Index (VIX) | 9.80 | (0.17) | -1.71% | NA |
Data Source: OptionVue8
The biggest news on the VIX front is the return of Russell Rhoads blogging at http://www.cboe.com/blogs about the VIX and associated volatility issues. The cash VIX was lower for the week, while the November through January monthly futures were higher. The behavior of the monthly futures and the CBOE longer term indexes (VXST, VXV, and VXMT) are showing near support for current volatility levels.
Here is an overview of last week for the VIX and related products:
| Indexes | Ticker | 27-Oct | 20-Oct | Change | % Change |
| CBOE Volatility Index | VIX | 9.80 | 9.97 | -0.17 | -1.71% |
| VIX November Future (11/15/2017) | VXX7 | 11.425 | 11.325 | 0.100 | 0.88% |
| VIX December Future (12/20/2017) | VXZ7 | 12.225 | 12.125 | 0.100 | 0.82% |
| VIX January Future (1/17/2018) | VXZ7 | 13.325 | 13.275 | 0.050 | 0.38% |
| CBOE Short-term Volatility Index | VXST | 8.61 | 8.41 | 0.200 | 2.38% |
| CBOE 3 Month Volatility Index | VXV | 11.96 | 11.96 | 0.000 | 0.00% |
| CBOE Mid-term Volatility Index (6 month) | VXMT | 14.48 | 14.35 | 0.130 | 0.91% |
| VIX of VIX | VVIX | 92.78 | 90.53 | 2.250 | 2.49% |
| CBOE SKEW Index | SKEW | 135.70 | 148.81 | (13.11) | -8.81% |
| Long VIX ETP’s | |||||
| ProShares Ultra VIX Short Term Futures ETF | UVXY | 15.62 | 15.26 | 0.36 | 2.36% |
| iPath S&P 500 VIX Short Term Futures ETN | VXX | 34.26 | 33.79 | 0.47 | 1.39% |
| ProShares VIX Short Term Futures ETF | VIXY | 28.43 | 28.05 | 0.38 | 1.35% |
| iPath S&P 500 VIX Mid-Term Futures ETN | VXZ | 19.25 | 19.23 | 0.02 | 0.10% |
| Inverse VIX ETP’s | |||||
| ProShares Short VIX Short Term Future ETF | SVXY | 106.33 | 108.19 | (1.86) | -1.72% |
| Daily Inverse VIX Short Term ETN | XIV | 110.66 | 112.68 | (2.02) | -1.79% |
Data Source: OptionVue8
The last few days of October and first few days of November include several important economic reports. The Fed will hold a regularly scheduled meeting on Tuesday and announce its policy decisions on Wednesday. It is “Employment Week.” A host of October employment reports will be released at the end of the week. These reports used to move the markets. In addition, we will get reports on the S&P CoreLogic Case-Shiller Home Price Index and U.S. Motor Vehicle sales.
Earnings announcements will be coming fast and furious this week. FANG components Facebook and Apple will announce quarterly results on Wednesday and Thursday respectively. Earnings announcements include: Mondelez Int’l, MasterCard, Cummins, ADM, Pfizer, Mosaic, Ecolab, MetLife, Facebook, Estee Lauder, Qualcomm, Prudential, Marathon Oil, Williams, Yum! Brands, CBS, ADP, HCP, Apple, Apache, Starbucks and Duke Energy. Confirm the date and time of any company’s earnings announcement before trading any earnings announcement strategy. The most accurate source of this information is the company’s investor relations website.
Advice to stimulate your imagination:
“Ideas come and go, stories stay.” – Nassim Nicholas Taleb
“What we learn from history is that people don’t learn from history.” – Warren Buffett
“A point of view can be a dangerous luxury when submitted for insight and understanding.” – Marshall McLuhan
“It takes a man a long time to learn all the lessons of all his mistakes.” – Jesse Livermore
“Freedom is what you do with what’s been done to you.” – Jean-Paul Sartre
Monday, October 30:
Economic: Personal Income and Outlays – 8:30, Dallas Fed Manufacturing Survey – 10:30, Farm Prices – 3:00.
International: Germany Retail Sales – 2:00AM, Germany Unemployment – 4:55AM, Eurozone Economic Sentiment – 6:00AM, Japan Industrial Production – 7:50PM.
Other: Bank of Japan Announcement.Earnings:
| SYMBOL | B/A | 10/27 CLOSE | SHORT INT% | AVGVOL | AVG MOVE | SMA 10 | 50% FIB |
| ALSN | AMC | $40.97 | 1.79% | 1,847,810 | 4.54% | $39.08 | $37.87 |
| D | AMC | $80.41 | 3.28% | 2,124,520 | 1.63% | $79.63 | $78.34 |
| EIX | AMC | $78.73 | 1.31% | 1,774,440 | 0.69% | $78.78 | $78.38 |
| MAC | AMC | $57.05 | 2.96% | 1,466,310 | 2.54% | $57.20 | $55.59 |
| MDLZ | AMC | $40.91 | 1.27% | 8,443,140 | 2.08% | $41.10 | $41.02 |
| OHI | AMC | $31.32 | 7.12% | 1,835,500 | 2.88% | $31.82 | $31.87 |
| SBAC | AMC | $146.55 | 5.29% | 1,499,030 | 1.99% | $148.10 | $146.59 |
| SRE | AMC | $115.11 | 1.65% | 1,080,200 | 1.10% | $114.34 | $113.52 |
| SUM | AMC | $31.94 | 21.24% | 1,211,320 | 3.24% | $31.66 | $31.62 |
| UDR | AMC | $38.25 | 2.43% | 1,236,460 | 1.67% | $38.51 | $38.36 |
| VNO | AMC | $72.98 | 1.70% | 1,077,800 | 2.37% | $75.75 | $76.36 |
Tuesday, October 31:
Economic: Employment Cost Index – 8:30, Redbook – 8:55, S&P Corelogic Case-Shiller HPI – 9:00, Chicago PMI – 9:45, Consumer Confidence – 10:00, State Street Investor Confidence – 10:00.
International: Japan PMI Manufacturing Index – 8:30PM, China PMI Manufacturing Index – 9:00PM.
Other: FOMC Meeting Begins.
Earnings:
| SYMBOL | B/A | 10/27 CLOSE | SHORT INT% | AVGVOL | AVG MOVE | SMA 10 | 50% FIB |
| ADM | BMO | $43.01 | 2.20% | 2,842,280 | 5.45% | $43.52 | $43.37 |
| AET | BMO | $178.60 | 4.77% | 1,814,420 | 1.58% | $159.66 | $167.34 |
| AMT | BMO | $138.45 | 1.24% | 1,842,170 | 0.60% | $0.00 | $0.00 |
| BP | BMO | $38.65 | 0.27% | 4,509,400 | 2.63% | $38.84 | $38.39 |
| CMI | BMO | $178.64 | 6.64% | 1,198,170 | 4.90% | $176.01 | $173.05 |
| ETN | BMO | $79.50 | 1.40% | 2,559,190 | 3.30% | $78.73 | $77.78 |
| FIS | BMO | $95.94 | 1.29% | 1,220,310 | 1.97% | $95.22 | $94.25 |
| HCA | BMO | $76.89 | 2.47% | 2,405,130 | 1.14% | $78.13 | $76.47 |
| INCY | BMO | $115.56 | 2.84% | 1,561,860 | 2.59% | $114.78 | $113.06 |
| K | BMO | $60.55 | 1.70% | 2,733,810 | 3.05% | $61.43 | $62.49 |
| LL | BMO | $35.55 | 37.81% | 1,392,790 | 14.91% | $34.94 | $36.58 |
| MA | BMO | $146.59 | 0.70% | 3,124,460 | 2.13% | $146.02 | $143.10 |
| OLN | BMO | $35.35 | 7.48% | 1,884,530 | 5.40% | $35.09 | $35.14 |
| PEG | BMO | $49.36 | 2.53% | 2,589,390 | 1.97% | $48.90 | $47.45 |
| PFE | BMO | $35.74 | 5.23% | 17,085,000 | 1.67% | $36.16 | $35.98 |
| SERV | BMO | $45.09 | 1.51% | 1,228,080 | 6.05% | $46.28 | $46.38 |
| SHOP | BMO | $104.11 | 5.12% | 3,647,270 | 7.76% | $100.31 | $105.41 |
| APC | AMC | $47.69 | 3.42% | 4,985,230 | 1.44% | $48.31 | $48.45 |
| CHRW | AMC | $79.59 | 15.37% | 1,675,790 | 4.20% | $77.97 | $76.67 |
| CXO | AMC | $130.12 | 6.67% | 1,185,510 | 4.06% | $132.25 | $130.74 |
| EA | AMC | $115.83 | 1.78% | 2,499,160 | 1.09% | $114.94 | $115.40 |
| EVHC | AMC | $43.27 | 5.96% | 2,275,640 | 0.82% | $42.84 | $42.81 |
| EXAS | AMC | $49.33 | 13.98% | 1,571,150 | 13.57% | $48.14 | $47.28 |
| OKE | AMC | $53.43 | 8.17% | 3,016,200 | 1.86% | $55.45 | $54.95 |
| VOYA | AMC | $40.21 | 1.85% | 1,402,900 | 2.10% | $40.00 | $39.77 |
Wednesday, November 1:
Economic: MBA Mortgage Applications – 7:00, ADP Employment Report = 8:15, Treasury Refunding Announcement – 8:30, PMI Manufacturing Index – 9:45, ISM Manufacturing Index – 10:00, Construction Spending – 10:00, , EIA Petroleum Status Report – 10:30
International Economic: No major announcements.
Other: FOMC Meeting Announcement – 2:00.
Earnings:
| SYMBOL | B/A | 10/27 CLOSE | SHORT INT% | AVGVOL | AVG MOVE | SMA 10 | 50% FIB |
| AGN | BMO | $176.33 | 1.48% | 2,946,060 | 2.54% | $189.38 | $195.83 |
| BG | BMO | $69.96 | 1.74% | 1,014,400 | 9.98% | $70.88 | $70.59 |
| COMM | BMO | $31.73 | 3.47% | 1,700,820 | 8.08% | $32.05 | $32.38 |
| CTSH | BMO | $74.58 | 1.23% | 2,881,650 | 4.50% | $74.34 | $73.28 |
| DVN | BMO | $34.91 | 3.81% | 4,104,940 | 2.73% | $35.13 | $35.71 |
| EAT | BMO | $31.12 | 11.42% | 1,341,320 | 3.83% | $31.68 | $31.81 |
| EL | BMO | $111.79 | 3.35% | 2,168,340 | 4.90% | $110.35 | $109.25 |
| HFC | BMO | $36.10 | 5.45% | 2,854,370 | 3.79%3 | $36.28 | $35.30 |
| ICPT | BMO | $59.32 | 28.85% | 1,543,740 | 9.41% | $64.72 | $77.42 |
| LITE | BMO | $61.65 | 19.18% | 1,725,960 | 6.83% | $58.37 | $57.30 |
| MD | BMO | $43.49 | 8.53% | 1,282,090 | 6.74% | $43.33 | $43.33 |
| NVO | BMO | $48.86 | 0.22% | 1,991,450 | 8.52% | $49.70 | $49.15 |
| PPL | BMO | $37.69 | 1.56% | 2,926,890 | 0.68% | $37.70 | $38.08 |
| SBGI | BMO | $31.40 | 17.93% | 1,796,420 | 3.53% | $30.55 | $30.45 |
| SO | BMO | $52.06 | 2.51% | 4,572,820 | 1.59% | $51.75 | $50.44 |
| SPR | BMO | $79.67 | 7.08% | 1,081,600 | 7.86% | $79.87 | $79.07 |
| TAP | BMO | $80.37 | 2.87% | 1,441,160 | 2.19% | $82.83 | $82.63 |
| TEL | BMO | $88.59 | 1.43% | 1,122,650 | 2.23% | $88.18 | $85.17 |
| TEX | BMO | $46.76 | 1.68% | 1,250,040 | 2.77% | $46.18 | $44.81 |
| ZBH | BMO | $121.00 | 3.44% | 1,299,240 | 4.15% | $120.94 | $118.24 |
| CAKE | AMC | $44.18 | 25.63% | 1,365,400 | 6.04% | $43.28 | $42.44 |
| CF | AMC | $37.45 | 7.57% | 4,143,010 | 6.51% | $36.99 | $35.97 |
| CLVS | AMC | $74.35 | 17.98% | 1,593,120 | 4.87% | $78.54 | $79.12 |
| CTRP | AMC | $46.60 | 7.99% | 4,773,320 | 2.96% | $50.81 | $51.52 |
| DXCM | AMC | $44.46 | 14.71% | 2,029,600 | 8.07% | $44.92 | $56.53 |
| EFX | AMC | $108.95 | 3.61% | 3,786,560 | 3.35% | $109.25 | $104.86 |
| ES | AMC | $62.24 | 2.38% | 1,469,580 | 0.90% | $61.96 | $61.22 |
| EXR | AMC | $78.70 | 2.61% | 1,009,340 | 2.13% | $81.38 | $79.78 |
| FB | AMC | $170.63 | 0.99% | 15,285,100 | 2.35% | $173.42 | $169.15 |
| FLS | AMC | $44.74 | 6.34% | 1,398,270 | 3.88% | $44.67 | $43.55 |
| GXP | AMC | $32.40 | 1.88% | 1,788,370 | 0.71% | $32.07 | $31.20 |
| JUNO | AMC | $43.53 | 18.87% | 2,633,820 | 6.88% | $43.52 | $44.19 |
| KHC | AMC | $77.30 | 2.50% | 3,294,540 | 1.58% | $77.21 | $78.29 |
| LBTYA | AMC | $30.99 | 1.16% | 2,060,820 | 1.16% | $31.76 | $32.72 |
| LBTYK | AMC | $30.00 | 1.43% | 2,999,920 | 1.12% | $30.77 | $31.66 |
| MET | AMC | $54.21 | 1.65% | 5,238,120 | 2.55% | $53.28 | $52.14 |
| OXY | AMC | $64.62 | 1.27% | 3,542,010 | 2.84% | $64.99 | $64.24 |
| PRU | AMC | $111.89 | 1.36% | 1,798,980 | 3.22% | $110.26 | $108.41 |
| PXD | AMC | $142.31 | 5.65% | 2,129,160 | 4.59% | $143.74 | $147.19 |
| QCOM | AMC | $53.80 | 1.49% | 7,906,630 | 2.57% | $52.94 | $52.65 |
| QRVO | AMC | $71.56 | 7.54% | 1,077,590 | 1.68% | $71.34 | $70.55 |
| SGMS | AMC | $44.00 | 27.20% | 1,068,680 | 5.68% | $43.71 | $44.58 |
| SYMC | AMC | $31.86 | 3.61% | 6,188,580 | 3.56% | $32.22 | $32.56 |
| TDOC | AMC | $31.75 | 28.16% | 1,055,830 | 6.63% | $33.13 | $32.67 |
| TSLA | AMC | $326.17 | 24.15% | 5,785,630 | 5.70% | $344.49 | $350.01 |
| WBMD | AMC | $66.48 | 15.85% | 1,312,380 | 1.25% | $66.46 | $66.36 |
| XPO | AMC | $69.14 | 18.94% | 1,518,780 | 3.88% | $67.01 | $66.28 |
| YELP | AMC | $45.00 | 15.66% | 2,015,850 | 15.99% | $44.02 | $44.04 |
Thursday, November 2:
Economic: Chain Store Sales, Challenger Job-Cut Report – 7:30, Weekly Jobless Claims – 8:30, Productivity and Costs – 8:30, , Bloomberg Consumer Comfort Index – 9:45, EIA Natural Gas Report – 10:30, Money Supply – 4:30.
International: Germany PMI Manufacturing Index – 455, Eurozone PMI Manufacturing Index – 5:00AM.
Earnings:
| SYMBOL | B/A | 10/27 CLOSE | SHORT INT% | AVGVOL | AVG MOVE | SMA 10 | 50% FIB |
| ABC | BMO | $78.77 | 3.40% | 1,711,590 | 6.75% | $80.97 | $81.64 |
| ADP | BMO | $117.30 | 2.23% | 4,309,180 | 5.96% | $115.38 | $112.07 |
| ALL | BMO | $93.96 | 0.88% | 2,029,120 | 3.17% | $92.70 | $92.14 |
| ALR | BMO | $50.99 | 7.11% | 1,523,300 | 3.13% | $50.35 | $49.39 |
| AN | BMO | $47.77 | 10.80% | 1,519,450 | 3.99% | $45.41 | $46.41 |
| APA | BMO | $39.59 | 7.26% | 3,683,130 | 5.06% | $41.30 | $42.92 |
| BABA | BMO | $170.32 | 8.92% | 18,040,300 | 2.68% | $175.56 | $175.62 |
| BDX | BMO | $209.84 | 1.96% | 1,134,670 | 0.80% | $207.65 | $203.12 |
| BLL | BMO | $42.73 | 7.43% | 2,088,440 | 3.61% | $42.39 | $41.84 |
| CAB | BMO | $61.50 | 14.11% | 1,276,250 | 2.80% | $61.39 | $56.73 |
| CHD | BMO | $45.76 | 5.71% | 1,421,300 | 4.15% | $46.78 | $47.30 |
| CI | BMO | $198.75 | 1.04% | 1,268,920 | 1.21% | $190.91 | $191.13 |
| CNQ | BMO | $32.83 | 2.50% | 1,812,820 | 3.92% | $32.91 | $33.30 |
| DLPH | BMO | $99.07 | 2.23% | 1,607,670 | 2.92% | $97.74 | $99.96 |
| ENB | BMO | $37.96 | 1.47% | 1,844,330 | 0.98% | $39.83 | $39.95 |
| EXC | BMO | $39.88 | 2.65% | 4,813,300 | 0.86% | $39.71 | $38.59 |
| ICE | BMO | $65.61 | 1.18% | 2,346,080 | 2.56% | $66.96 | $68.08 |
| LNC | BMO | $76.99 | 1.78% | 1,255,760 | 1.14% | $75.64 | $74.57 |
| NWL | BMO | $40.40 | 18.39% | 4,726,930 | 4.60% | $41.12 | $41.95 |
| PCG | BMO | $56.74 | 1.05% | 4,108,360 | 0.56% | $56.77 | $59.75 |
| PWR | BMO | $37.83 | 5.46% | 1,414,400 | 1.96% | $37.52 | $37.58 |
| RL | BMO | $91.26 | 7.78% | 1,268,510 | 8.16% | $88.25 | $88.05 |
| SNY | BMO | $47.54 | 0.19% | 1,080,140 | 1.73% | $49.16 | $48.94 |
| TDC | BMO | $32.57 | 12.90% | 1,453,800 | 8.35% | $32.53 | $33.03 |
| TRGP | BMO | $40.69 | 13.66% | 1,480,830 | 1.91% | $43.72 | $44.16 |
| VMC | BMO | $123.01 | 2.42% | 1,266,250 | 3.43% | $119.94 | $119.27 |
| W | BMO | $63.83 | 38.03% | 1,616,780 | 6.37% | $67.31 | $73.75 |
| WRK | BMO | $60.47 | 2.20% | 1,403,460 | 1.75% | $60.06 | $58.09 |
| YUM | BMO | $75.87 | 2.18% | 1,835,370 | 1.81% | $75.80 | $74.77 |
| ZTS | BMO | $63.74 | 1.06% | 2,120,240 | 5.09% | $65.24 | $64.56 |
| AAPL | AMC | $157.41 | 0.78% | 27,509,400 | 3.48% | $157.64 | $155.01 |
| AIG | AMC | $64.85 | 1.25% | 5,083,100 | 2.89% | $64.42 | $62.78 |
| AKRX | AMC | $32.84 | 20.01% | 2,371,840 | 2.55% | $33.19 | $32.77 |
| ALNY | AMC | $114.49 | 10.50% | 1,304,250 | 8.16% | $117.60 | $117.14 |
| ATVI | AMC | $62.06 | 1.80% | 5,799,050 | 3.45% | $61.84 | $62.66 |
| CBS | AMC | $57.04 | 3.75% | 3,163,470 | 1.96% | $57.34 | $58.48 |
| CC | AMC | $56.61 | 4.75% | 1,937,830 | 2.23% | $56.44 | $53.81 |
| CRUS | AMC | $54.26 | 7.56% | 1,023,520 | 6.86% | $53.94 | $52.94 |
| ED | AMC | $85.50 | 5.16% | 1,436,380 | 0.72% | $84.47 | $83.07 |
| FLR | AMC | $42.69 | 5.41% | 1,691,150 | 6.72% | $42.70 | $42.08 |
| HLF | AMC | $71.23 | 36.18% | 1,554,530 | 5.35% | $74.89 | $73.25 |
| LNT | AMC | $43.38 | 1.91% | 1,141,380 | 0.87% | $43.46 | $42.51 |
| LYV | AMC | $42.26 | 4.47% | 1,819,320 | 4.35% | $42.47 | $42.58 |
| MNST | AMC | $56.75 | 1.69% | 1,824,830 | 3.42% | $56.38 | $55.62 |
| MOH | AMC | $65.53 | 18.08% | 1,175,180 | 5.64% | $63.85 | $63.88 |
| SBUX | AMC | $54.91 | 1.89% | 10,265,100 | 3.01% | $54.79 | $54.90 |
Friday, November 3:
Economic: October Employment Situation Report – 8:30, International Trade = 8:30, PMI Services Index – 9:45, Factory Orders – 10:00, ISM Non-Manufacturing Index – 10:00, Baker Hughes Rig Count
International: No major announcements.
Other: Minneapolis Federal Reserve Bank President Neel Kashkari to participate in moderated Q&A with Women in Housing and Finance, in Washington, with audience Q&A – 12:30PM.
Earnings:
| SYMBOL | B/A | 10/27 CLOSE | SHORT INT% | AVGVOL | AVG MOVE | SMA 10 | 50% FIB |
| AEE | BMO | $61.38 | 2.39% | 1,326,400 | 0.81% | $61.21 | $59.76 |
| CBG | BMO | $39.59 | 2.55% | 1,626,470 | 4.28% | $39.67 | $38.69 |
| CNK | BMO | $36.78 | 3.63% | 1,367,710 | 1.05% | $35.95 | $37.10 |
| DUK | BMO | $87.36 | 3.00% | 2,227,390 | 0.94% | $87.49 | $85.97 |
| EOG | BMO | $96.92 | 2.91% | 2,760,990 | 0.61% | $96.71 | $95.80 |
| RLGY | BMO | $32.37 | 2.12% | 1,307,490 | 3.25% | $32.65 | $33.24 |
| XRAY | BMO | $61.37 | 3.62% | 2,054,850 | 3.26% | $60.42 | $58.57 |
Monday, November 6:
Economic: TD Ameritrade IMX – 12:30.
International: Germany Manufacturers’ Orders – 2:00AM.
Other: New York Federal Reserve Bank President William Dudley will speak about Lessons from the Financial Crisis at a luncheon event at the Economic Club of New York, with moderated Q&A, in New York – 12:30PM.
Earnings:
| SYMBOL | B/A | 10/27 CLOSE | SHORT INT% | AVGVOL | AVG MOVE | SMA 10 | 50% FIB |
| CAH | BMO | $64.75 | 2.04% | 2,233,600 | 2.05% | $65.71 | $66.59 |
| CTLT | BMO | $42.58 | 5.54% | 1,138,840 | 6.55% | $42.40 | $40.98 |
| CVS | BMO | $73.31 | 1.36% | 5,744,370 | 2.15% | $74.36 | $76.39 |
| KORS | BMO | $49.76 | 6.69% | 2,237,780 | 9.65% | $49.20 | $47.81 |
| MYL | BMO | $38.57 | 5.23% | 7,222,180 | 1.27% | $38.40 | $35.19 |
| SYY | BMO | $54.86 | 4.27% | 2,443,960 | 1.74% | $54.76 | $54.22 |
| CAR | AMC | $41.29 | 51.48% | 2,831,590 | 10.96% | $41.20 | $39.38 |
| FANG | AMC | $100.88 | 5.30% | 1,205,020 | 1.22% | $101.47 | $99.43 |
| FMC | AMC | $93.14 | 8.70% | 1,108,850 | 7.19% | $94.06 | $90.28 |
| GDDY | AMC | $45.75 | 30.17% | 1,442,080 | 3.93% | $44.71 | $44.31 |
| KNX | AMC | $41.38 | 14.86% | 2,260,040 | 3.43% | $39.78 | $39.94 |
| LVLT | AMC | $52.85 | 1.52% | 2,675,280 | 3.56% | $53.49 | $54.12 |
| MCHP | AMC | $93.12 | 12.11% | 1,808,790 | 3.13% | $92.46 | $90.92 |
| PDCE | AMC | $46.25 | 10.91% | 1,014,680 | 4.09% | $47.40 | $47.71 |
| QGEN | AMC | $33.71 | 1.55% | 1,201,430 | 2.45% | $34.12 | $33.78 |
| RSPP | AMC | $32.00 | 12.01% | 2,048,160 | 3.38% | $33.13 | $33.12 |
| SWKS | AMC | $105.52 | 4.94% | 1,500,290 | 2.40% | $105.69 | $103.26 |
| TRIP | AMC | $37.75 | 20.21% | 3,024,210 | 6.73% | $39.47 | $40.95 |
| WTW | AMC | $44.63 | 71.96% | 1,443,700 | 17.20% | $45.96 | $44.97 |
| ZAYO | AMC | $35.75 | 3.31% | 2,083,820 | 2.21% | $35.63 | $35.13 |
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