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Frank Fahey: Market News for the Prepared Mind: 7.31-8.7.2017
July 31, 2017
| Index | 28-Jul | Change | % Weekly | 2017 YTD | Volatility of Index |
| Dow Jones Industrials (DJIA) | 21830.31 | 250.24 | 1.16% | 10.46% | 10.46% (VXD) |
| S&P 500 (SPX) | 2472.10 | (0.44) | -0.02% | 10.45% | 10.29% (VIX) |
| NASDAQ 100 (NDX) | 5908.92 | (12.60) | -0.21% | 21.49% | 15.91% (VXN) |
| Russell 2000 (RUT) | 1429.26 | (6.58) | -0.46% | 5.31% | 15.30% (RVX) |
| S&P 100 (OEX) | 1089.53 | 1.79 | 0.16% | 9.89% | 8.26% (VXO) |
| Dow Jones Transportation (TRAN) | 4519.80 | (117.54) | -2.53% | 11.56% | NA |
| Crude Oil (CLU7) | 49.79 | 4.19 | 9.19% | -7.61% | 29.86%(OVX) |
| Gold (GCZ7) | 1275.60 | 20.60 | 1.64% | 10.73% | 11.44 (GVZ) |
| CBOE Volatility Index (VIX) | 10.92 | 1.56 | 16.67% | NA |
Data Source: OptionVue8
In his song “Rock ‘n’ Roll”, Lou Reed summed up the reasons for VIX weaknesses better than any market mavens – “ There was nothin’ goin’ down at all, not at all.” VIX futures and options were little changed this week. However, shorter term volatility indexes and VIX related products showed some strength last week while moving off levels near all-time lows. Financial talking heads continued to focus on the weakness VIX as being a potential precursor to a market correction.
Here is an overview of last week for the VIX and related products:
| Indexes | Ticker | 28-Jul | 21-Jul | Change | % Change |
| CBOE Volatility Index | VIX | 10.29 | 9.36 | 0.93 | 9.94% |
| VIX August Future (8/18/2017) | VXQ7 | 11.375 | 11.375 | 0.00 | 0.00% |
| VIX September Future (9/20/2017) | VXU7 | 12.625 | 12.675 | (0.05) | -0.39% |
| VIX October Future (10/18/2017) | VXV7 | 13.825 | 13.475 | 0.35 | 2.60% |
| CBOE Short-term Volatility Index | VXST | 8.55 | 7.10 | 1.45 | 20.42% |
| CBOE 3 Month Volatility Index | VXV | 12.58 | 12.06 | 0.52 | 4.31% |
| CBOE Mid-term Volatility Index (6 month) | VXMT | 13.96 | 13.89 | 0.07 | 0.50% |
| VIX of VIX | VVIX | 87.20 | 77.86 | 9.34 | 12.00% |
| CBOE SKEW Index | SKEW | 139.91 | 134.53 | 5.38 | 4.00% |
| Long VIX ETP’s | |||||
| ProShares Ultra VIX Short Term Futures ETF | UVXY | 30.19 | 29.79 | 0.40 | 1.34% |
| iPath S&P 500 VIX Short Term Futures ETN | VXX | 11.29 | 11.20 | 0.09 | 0.80% |
| ProShares VIX Short Term Futures ETF | VIXY | 37.54 | 37.31 | 0.23 | 0.62% |
| iPath S&P 500 VIX Mid-Term Futures ETN | VXZ | 21.00 | 21.55 | (0.55) | -2.55% |
| Inverse VIX ETP’s | |||||
| ProShares Short VIX Short Term Future ETF | SVXY | 90.22 | 90.96 | (0.74) | -0.81% |
| Daily Inverse VIX Short Term ETN | XIV | 93.62 | 94.25 | (0.63) | -0.67% |
Data Source: OptionVue8
The first week of August is light on economic data. It includes June Factory Orders on Thursday and the June US Employment Situation Report on Friday. Vehicle sales on Tuesday will the first piece of information on July’s consumer data, while factory orders on Thursday will close out June data on manufacturing. The lack of economic data does not preclude volatility being injected into the markets.
Naysayers are looking at a number of potential sources of volatility in the market. North Korea’s bellicose behavior has yet to inject any fear into the markets. Week employment numbers on Friday could expose chinks in the bull market. The fourth component of Fang, Apple (AAPL) is announcing earnings after market close on Tuesday. Weaker than expected earnings could inject volatility into the markets. The chaos inside the beltway is a significant contributor to unease among financial talking heads. Earnings continue with the most active week of this earnings season. Earnings highlights for the coming week include: CME, Allstate, Cummins, Phillips 66, ADM, Pfizer, Mosaic, Ecolab, APPLE, Emerson Electric, Simon Property, MetLife, Mondelez, Exelon, Time Warner, Occidental Petroleum, Prudential, Marathon Oil, Yum! Brand, Kellogg, Viacom, Apache, and Berkshire Hathaway. 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:
“You need chaos in your soul to give birth to a dancing star.” — Friedrich Nietzsche
“There’s no success like failure” – Bob Dylan
“Avoid running at all times.” – Satchel Paige“
“August brings in sharp focus and a furious boil everything I’ve been listening to in the late spring and summer” – Henry Rollins
Monday, July 31:
Economic: Chicago PMI – 9:45, Pending Home Sales Index – 10:00, Dallas Fed Manufacturing Survey – 10:30, Farm Prices – 3:00.
International Economic: Germany Retail Sales – 2:00AM, Germany Unemployment Rate – 5:00AM, Eurozone HICP Flash – 6:00AM, Japan PMI Manufacturing Index – 8:30PM, China PMI Manufacturing Index – 9:00PM.
Other: Bank of Japan Minutes – 7:50PM.
Earnings:
| SYMBOL | B/A | 7/28 Close | AVGVOL | AVG MOVE | SMA 10 | 50% FIB |
| ADM | BMO | $41.78 | 2,984,660 | 4.80% | $41.51 | $41.17 |
| APD | BMO | $143.49 | 1,199,640 | 1.30% | $145.17 | $143.66 |
| BP | BMO | $35.16 | 5,438,030 | 2.55% | $34.87 | $34.72 |
| SNY | BMO | $47.56 | 1,868,820 | 1.88% | $47.86 | $48.41 |
| ALSN | AMC | $37.64 | 1,389,490 | 4.41% | $37.47 | $37.84 |
| SBAC | AMC | $137.64 | 1,040,360 | 2.33% | $136.40 | $134.87 |
| VNO | AMC | $78.96 | 1,253,230 | 1.79% | $82.22 | $87.25 |
Tuesday, August 1:
Economic: Motor Vehicle Sales, Personal Income and Outlays – 8:30, Redbook – 8:55, PMI Manufacturing Index – 9:45AM, ISM Manufacturing Index – 10:00, Construction Spending – 10:00.
International: Germany PMI Manufacturing Index – 3:55AM, Eurozone PMI Manufacturing Index – 4:00AM, Eurozone GDP Flash – 5:00AM.
Other: Cleveland Federal Reserve Bank President Loretta Mester to be the keynote speaker at the Community Bankers Association of Ohio Annual Convention in Cincinnati – 11:00AM, San Francisco Federal Reserve Bank President John Williams to discuss “Monetary Policy’s Role in Fostering Sustainable Growth” in Las Vegas, with audience and media Q&A – 2:30PM.
Earnings:
| SYMBOL | B/A | 7/28 Close | AVGVOL | AVG MOVE | SMA 10 | 50% FIB |
| AN | BMO | $42.65 | 1,276,840 | 2.69% | $42.53 | $41.10 |
| BG | BMO | $79.85 | 1,552,490 | 9.49% | $79.28 | $76.94 |
| CME | BMO | $121.28 | 1,362,620 | 1.94% | $120.90 | $123.63 |
| CMI | BMO | $167.22 | 1,364,150 | 3.52% | $165.70 | $164.23 |
| D | BMO | $76.99 | 2,347,650 | 2.46% | $76.92 | $77.80 |
| EMR | BMO | $59.53 | 3,489,590 | 3.00% | $60.15 | $59.34 |
| ETN | BMO | $78.43 | 2,088,700 | 1.99% | $79.54 | $78.64 |
| HCN | BMO | $73.07 | 1,606,630 | 0.47% | $73.56 | $75.12 |
| HCP | BMO | $31.83 | 3,094,240 | 3.35% | $31.82 | $32.19 |
| INCY | BMO | $135.74 | 1,721,720 | 2.13% | $133.59 | $131.94 |
| NNN | BMO | $40.07 | 1,390,750 | 0.79% | $40.08 | $39.23 |
| OLN | BMO | $30.25 | 2,283,430 | 3.98% | $31.07 | $29.73 |
| PFE | BMO | $33.15 | 20,297,500 | 1.57% | $33.30 | $33.58 |
| PSX | BMO | $83.65 | 2,128,540 | 0.92% | $82.94 | $81.78 |
| RCL | BMO | $113.39 | 1,256,430 | 7.71% | $113.34 | $112.33 |
| SHOP | BMO | $92.98 | 2,224,900 | 8.02% | $91.84 | $90.07 |
| SPG | BMO | $160.52 | 1,952,440 | 2.71% | $161.62 | $160.04 |
| TRI | BMO | $46.06 | 1,446,690 | 2.87% | $45.93 | $46.22 |
| XRX | BMO | $30.43 | 2,314,850 | 2.00% | $29.90 | $29.46 |
| XYL | BMO | $56.93 | 1,251,380 | 1.93% | $56.95 | $55.75 |
| AAPL | AMC | $149.50 | 27,617,200 | 3.78% | $150.92 | $148.13 |
| ALL | AMC | $90.50 | 1,748,910 | 1.94% | $89.31 | $89.19 |
| ASH | AMC | $65.46 | 1,110,830 | 4.10% | $66.38 | $66.49 |
| DVA | AMC | $65.47 | 1,464,350 | 3.38% | $65.34 | $64.38 |
| DVN | AMC | $33.21 | 5,466,980 | 3.89% | $32.20 | $31.31 |
| DXCM | AMC | $67.05 | 1,235,850 | 8.74% | $69.68 | $72.78 |
| EXR | AMC | $77.92 | 1,101,570 | 4.00% | $78.25 | $77.38 |
| FANG | AMC | $96.65 | 1,455,760 | 1.93% | $93.16 | $90.30 |
| FMC | AMC | $76.65 | 1,107,800 | 5.78% | $76.57 | $74.86 |
| GPT | AMC | $30.18 | 1,009,490 | 1.30% | $30.01 | $30.19 |
| HLF | AMC | $67.24 | 1,075,880 | 5.75% | $70.56 | $70.58 |
| OHI | AMC | $31.06 | 2,413,720 | 3.58% | $33.31 | $33.30 |
| OKE | AMC | $56.46 | 4,427,010 | 2.50% | $54.68 | $51.88 |
| OKS | AMC | $51.07 | 1,056,610 | 0.85% | $48.79 | $49.15 |
| PXD | AMC | $161.41 | 1,629,270 | 4.20% | $162.19 | $159.69 |
| RMD | AMC | $77.39 | 1,172,260 | 6.67% | $77.58 | $77.56 |
Wednesday, August 2:
Economic: MBA Mortgage Applications – 7:00, ADP Employment Report – 8:15, Gallup US Job Creation Index – 8:30, EIA Petroleum Status Report – 10:30.
International Economic: Eurozone PPI – 5:00AM, Japan PMI Composite – 8:30PM, China General Services PMI – 9:00PM.
Earnings:
| SYMBOL | B/A | 7/28 Close | AVGVOL | AVG MOVE | SMA 10 | 50% FIB |
| AME | BMO | $61.85 | 1,273,270 | 1.58% | $61.49 | $60.94 |
| CAH | BMO | $77.61 | 1,971,670 | 1.92% | $77.28 | $78.06 |
| DLPH | BMO | $89.95 | 1,985,670 | 4.67% | $91.45 | $89.18 |
| EOG | BMO | $95.42 | 3,336,940 | 2.07% | $93.53 | $91.36 |
| ETR | BMO | $76.25 | 1,012,700 | 1.05% | $75.98 | $77.41 |
| EXC | BMO | $38.40 | 4,950,270 | 1.15% | $37.26 | $36.70 |
| FIS | BMO | $90.83 | 1,535,160 | 2.92% | $90.03 | $87.53 |
| GRMN | BMO | $51.32 | 1,059,170 | 5.13% | $51.41 | $51.27 |
| HUM | BMO | $233.08 | 1,426,040 | 1.63% | $235.62 | $237.41 |
| MAC | BMO | $57.85 | 1,291,440 | 1.52% | $59.16 | $58.81 |
| MBLY | BMO | $63.33 | 2,860,710 | 2.79% | $63.32 | $62.97 |
| MDCO | BMO | $38.41 | 1,161,510 | 2.93% | $38.51 | $40.45 |
| MDLZ | BMO | $43.93 | 7,098,920 | 2.67% | $43.95 | $44.04 |
| OXY | BMO | $62.73 | 4,787,670 | 3.19% | $60.57 | $60.00 |
| Q | BMO | $90.65 | 1,022,260 | 1.89% | $90.75 | $90.09 |
| QSR | BMO | $60.28 | 1,093,450 | 4.01% | $61.27 | $61.48 |
| RAI | BMO | $65.40 | 7,666,680 | 1.78% | $65.23 | $65.45 |
| RIO | BMO | $46.61 | 3,263,610 | 1.37% | $45.19 | $42.32 |
| SBGI | BMO | $36.75 | 2,215,180 | 3.44% | $34.61 | $34.45 |
| SO | BMO | $47.51 | 4,509,590 | 1.23% | $47.31 | $49.24 |
| SPR | BMO | $60.89 | 1,015,710 | 7.47% | $60.65 | $58.44 |
| TAP | BMO | $89.11 | 2,002,780 | 1.45% | $88.22 | $87.92 |
| TEX | BMO | $38.69 | 1,646,410 | 2.23% | $38.64 | $37.05 |
| TWX | BMO | $102.73 | 3,673,550 | 1.11% | $100.09 | $101.08 |
| VMC | BMO | $124.00 | 1,077,040 | 4.32% | $125.29 | $128.72 |
| VNTV | BMO | $64.02 | 1,975,540 | 1.75% | $64.14 | $62.55 |
| VOYA | BMO | $39.00 | 1,500,080 | 3.97% | $37.75 | $36.95 |
| AIG | AMC | $65.27 | 5,845,420 | 5.52% | $64.48 | $64.15 |
| BIVV | AMC | $62.53 | 1,398,650 | 1.33% | $62.18 | $61.29 |
| BLUE | AMC | $96.70 | 1,021,550 | 7.14% | $96.77 | $108.42 |
| BMRN | AMC | $88.34 | 1,247,310 | 1.60% | $88.41 | $93.02 |
| CA | AMC | $30.94 | 3,363,120 | 2.67% | $34.22 | $33.71 |
| CAKE | AMC | $47.67 | 1,147,020 | 4.81% | $49.87 | $49.69 |
| CC | AMC | $48.09 | 3,034,610 | 6.95% | $45.83 | $41.72 |
| CLVS | AMC | $98.02 | 1,925,760 | 4.85% | $87.39 | $90.10 |
| CRUS | AMC | $62.16 | 1,004,970 | 10.05% | $63.85 | $63.59 |
| CTXS | AMC | $79.71 | 1,404,890 | 2.80% | $81.55 | $80.05 |
| DATA | AMC | $64.85 | 1,124,810 | 9.64% | $64.26 | $63.76 |
| HOLX | AMC | $44.12 | 2,548,410 | 4.11% | $45.02 | $45.47 |
| HTA | AMC | $30.32 | 2,777,410 | 1.50% | $30.31 | $31.07 |
| K | AMC | $67.65 | 2,278,640 | 1.96% | $66.91 | $68.39 |
| LVLT | AMC | $58.61 | 2,270,280 | 3.80% | $58.13 | $59.23 |
| MET | AMC | $55.25 | 4,966,030 | 4.34% | $54.98 | $54.32 |
| MOH | AMC | $70.00 | 1,368,410 | 9.66% | $70.40 | $70.12 |
| NXPI | AMC | $110.22 | 3,234,700 | 1.54% | $109.70 | $109.66 |
| PRU | AMC | $113.20 | 1,808,100 | 2.84% | $111.80 | $108.30 |
| PRXL | AMC | $87.38 | 1,321,630 | 7.32% | $87.41 | $87.33 |
| QRVO | AMC | $69.00 | 1,850,050 | 5.90% | $68.40 | $67.43 |
| SYMC | AMC | $31.03 | 7,963,450 | 4.66% | $30.93 | $29.47 |
| TDOC | AMC | $33.75 | 1,003,500 | 13.37% | $34.55 | $33.84 |
| TS | AMC | $31.64 | 1,982,480 | 2.83% | $32.20 | $31.31 |
| TSLA | AMC | $335.07 | 8,041,690 | 3.59% | $331.96 | $345.06 |
| TTWO | AMC | $80.10 | 2,398,650 | 4.12% | $78.71 | $76.59 |
| WMB | AMC | $31.99 | 5,871,700 | 3.80% | $31.50 | $29.89 |
| WPZ | AMC | $41.08 | 1,149,420 | 3.73% | $41.11 | $39.04 |
| XPO | AMC | $60.09 | 1,988,690 | 7.41% | $61.04 | $61.98 |
Thursday, August 3:
Economic: Chain Store Sales, Challenger Job-Cut Report – 7:30,Weekly Jobless Claims – 8:30, Gallup Good Jobs Rate – 8:30AM, Bloomberg Consumer Comfort Index – 9:45, PMI Services Index – 9:45AM, Factory Orders _ 10:00, ISM Non-manufacturing Index – 10:00, EIA Natural Gas Report – 10:30, Kansas City Fed Manufacturing Index – 11:00, Money Supply – 4:30.
International Economic: Germany PMI Composite – 3:55AM, Eurozone PMI Composite – 3:55AM, Eurozone Retail Sales – 5:00AM
Earnings:
| SYMBOL | B/A | 7/28 Close | AVGVOL | AVG MOVE | SMA 10 | 50% FIB |
| ABC | BMO | $93.97 | 1,337,930 | 5.60% | $92.66 | $94.08 |
| AEE | BMO | $56.16 | 1,454,070 | 1.00% | $55.73 | $55.35 |
| AER | BMO | $49.04 | 1,358,860 | 1.52% | $48.84 | $47.47 |
| AET | BMO | $155.29 | 2,181,840 | 1.10% | $155.18 | $153.97 |
| AGN | BMO | $253.01 | 2,188,600 | 3.10% | $250.40 | $247.60 |
| AKRX | BMO | $33.63 | 2,320,480 | 7.13% | $33.64 | $33.56 |
| ALNY | BMO | $82.63 | 1,097,750 | 8.50% | $80.14 | $81.47 |
| AON | BMO | $138.67 | 1,175,240 | 1.79% | $138.10 | $136.75 |
| APA | BMO | $50.01 | 3,618,860 | 3.74% | $48.85 | $47.56 |
| AXTA | BMO | $31.98 | 1,417,030 | 0.79% | $32.73 | $32.33 |
| BDX | BMO | $201.98 | 1,773,540 | 1.83% | $202.66 | $199.32 |
| BERY | BMO | $56.03 | 1,017,130 | 3.55% | $57.29 | $57.48 |
| BLL | BMO | $41.89 | 2,214,250 | 5.86% | $42.47 | $42.29 |
| CHD | BMO | $53.30 | 1,442,750 | 4.64% | $53.24 | $52.77 |
| CI | BMO | $173.97 | 1,451,790 | 2.07% | $173.71 | $170.93 |
| CNQ | BMO | $30.95 | 2,483,990 | 5.31% | $30.11 | $29.41 |
| COMM | BMO | $36.94 | 2,875,060 | 8.08% | $35.38 | $36.62 |
| CTSH | BMO | $69.32 | 3,842,330 | 3.92% | $69.56 | $68.03 |
| CXO | BMO | $130.56 | 1,342,790 | 3.25% | $128.07 | $123.61 |
| DISH | BMO | $63.94 | 2,146,400 | 2.13% | $64.92 | $64.27 |
| DUK | BMO | $84.91 | 2,477,360 | 1.18% | $84.44 | $84.93 |
| ENB | BMO | $41.10 | 3,282,280 | 1.86% | $41.39 | $39.96 |
| GPN | BMO | $94.52 | 1,062,950 | 4.26% | $93.49 | $91.77 |
| HPP | BMO | $32.40 | 1,179,010 | 0.69% | $32.30 | $33.34 |
| ICE | BMO | $66.37 | 2,593,790 | 2.73% | $66.08 | $65.69 |
| LDOS | BMO | $53.60 | 1,172,350 | 3.39% | $53.35 | $52.60 |
| LNC | BMO | $72.81 | 1,445,640 | 3.07% | $71.30 | $68.84 |
| PGR | BMO | $47.22 | 3,036,020 | 1.94% | $46.14 | $45.56 |
| PH | BMO | $164.75 | 1,074,720 | 2.34% | $165.27 | $161.53 |
| PPL | BMO | $38.18 | 3,367,960 | 0.89% | $38.02 | $38.33 |
| PRGO | BMO | $74.47 | 1,526,160 | 7.98% | $0.00 | $0.00 |
| PWR | BMO | $33.58 | 1,709,280 | 2.97% | $33.57 | $33.04 |
| RLGY | BMO | $33.01 | 1,117,940 | 6.16% | $33.56 | $32.31 |
| SHPG | BMO | $168.29 | 1,260,150 | 3.39% | $164.73 | $167.43 |
| SRE | BMO | $113.04 | 1,217,920 | 1.79% | $113.08 | $112.00 |
| TEVA | BMO | $32.34 | 7,810,590 | 4.87% | $32.34 | $32.31 |
| TRGP | BMO | $46.77 | 2,220,180 | 4.46% | $46.32 | $43.84 |
| VWR | BMO | $33.00 | 1,363,740 | 2.22% | $32.99 | $33.05 |
| WRK | BMO | $57.32 | 1,267,140 | 2.37% | $58.99 | $58.04 |
| WYN | BMO | $103.62 | 1,047,400 | 7.23% | $103.11 | $102.75 |
| YUM | BMO | $75.00 | 2,188,180 | 2.08% | $74.40 | $74.00 |
| AAOI | AMC | $96.64 | 3,566,810 | 15.36% | $91.89 | $80.70 |
| ACIA | AMC | $43.55 | 1,095,850 | 21.4% | $42.45 | $42.16 |
| ATVI | AMC | $61.45 | 6,747,220 | 6.18% | $61.21 | $59.52 |
| BZUN | AMC | $33.69 | 2,057,080 | 6.00% | $31.39 | $27.85 |
| ED | AMC | $82.38 | 1,433,790 | 0.92% | $81.82 | $82.58 |
| FLR | AMC | $44.58 | 1,367,280 | 5.48% | $45.23 | $45.22 |
| FLT | AMC | $152.05 | 1,392,110 | 7.11% | $149.71 | $146.96 |
| GRUB | AMC | $46.64 | 2,000,890 | 15.71% | $45.84 | $45.29 |
| KHC | AMC | $87.64 | 2,742,920 | 1.85% | $86.41 | $86.29 |
| LNT | AMC | $40.47 | 1,263,870 | 0.89% | $40.62 | $40.65 |
| MCHP | AMC | $80.70 | 2,449,980 | 4.63% | $81.48 | $79.59 |
| MNST | AMC | $53.41 | 2,179,650 | 5.51% | $52.59 | $51.55 |
| MSI | AMC | $91.01 | 1,002,970 | 3.44% | $90.17 | $88.95 |
| NBIX | AMC | $49.46 | 1,089,840 | 2.47% | $48.02 | $47.75 |
| RDUS | AMC | $42.13 | 1,261,550 | 4.49% | $42.98 | $44.20 |
| REG | AMC | $66.16 | 1,203,800 | 1.68% | $64.64 | $63.34 |
| SPNC | AMC | $38.45 | 1,410,670 | 4.59% | $38.45 | $34.03 |
| VIAB | AMC | $35.66 | 5,506,300 | 3.52% | $35.49 | $34.73 |
| WTW | AMC | $37.16 | 1,262,280 | 12.71% | $37.30 | $34.96 |
| YELP | AMC | $33.02 | 3,568,720 | 13.69% | $32.29 | $31.06 |
Friday, August 4:
Economic: July Employment Situation – 8:30, International Trade – 8:30, Baker Hughes Rig Count – 1:00.
International Economic: Germany Manufacturers’ Orders – 2:00AM.
Other: Bank of England Announcement and Minutes – 7:00AM.
Earnings:
| SYMBOL | B/A | 7/28 Close | AVGVOL | AVG MOVE | SMA 10 | 50% FIB |
| BAH | BMO | $34.26 | 1,285,830 | 4.56% | $33.66 | $33.20 |
| CBOE | BMO | $93.49 | 1,122,270 | 1.87% | $93.17 | $91.52 |
| HSBC | BMO | $48.90 | 1,703,710 | 4.21% | $48.44 | $46.39 |
| NWL | BMO | $52.07 | 3,624,170 | 6.35% | $53.18 | $53.09 |
| TSN | BMO | $63.00 | 2,769,960 | 6.14% | $61.86 | $61.08 |
Monday, August 7:
Economic: Gallup US Consumer Pending Measure – 8:30, Labor Market Conditions Index – 10:00, TD Ameritrade IMX – 12:30.
International Economic: Germany Industrial Production – 2:00AM.
Other: St. Louis Federal Reserve Bank President James Bullard to discuss the U.S. economy and monetary policy at the America’s Cotton Marketing Cooperatives 2017 Conference in Nashville, with audience and media Q&A – 11:45AM, Minneapolis Federal Reserve Bank President Neel Kashkari to take part in a moderated audience Q&A session at the Sioux Falls Rotary Club event in Sioux Falls, SD – 1:25PM.
Earnings:
| SYMBOL | B/A | 7/28 Close | AVGVOL | AVG MOVE | SMA 10 | 50% FIB |
| KITE | BMO | $111.43 | 1,270,970 | 10.48% | $107.68 | $103.11 |
| ALB | AMC | $116.50 | 1,137,630 | 4.26% | $117.85 | $111.67 |
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