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Monday 7 August 2017

S&P 500 Futures: Watch These 3 Sectors This Week

Source: www.investors.com --- Sunday, August 06, 2017
Futures for the S&P 500 index, Nasdaq 100 and Dow Jones industrial average were little changed Sunday evening X Autoplay: On | Off Last week, the Nasdaq composite edged lower, even with Apple ( AAPL ) and Tesla ( TSLA ) surging following earnings reports. The Dow industrials continued to climb to new highs, extending a winning streak to nine sessions. The S&P 500 index edged higher. Nasdaq 100 futures rose nearly 0.1% vs. fair value. S&P 500 index and Dow industrials edged lower. Earnings season is now past its peak. But there are a number of notable sectors reporting in force. Chinese Internets Five Chinese internets report this week: YY ( YY, ) Sina ( SINA ), Weibo ( WB ), Autohome ( ATHM ) and NetEase ( NTES ). YY, Sina, Weibo, Autohome and NetEase all boast best-possible 99 Composite Ratings. The Composite Rating combines several proprietary IBD ratings. Long-time winners often boast Composite Ratings of 95 or better near the start of their runs. Sina and Weibo are near buy points, with Sina owning a majority of Weibo. NetEase is also in a short consolidation, though it's a four-stage base that can be riskier. Department Stores A number of retailers, including department stores Macy's ( M ), Kohl's ( KSS ), Nordstrom ( JWN ) and J.C. Penney ( JCP ) report earnings. None of these retailers is performing well in the face of competition from Amazon ( AMZN ) and Wal-Mart ( WMT ), but investors will be looking for any signs that ...



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