Dow Jones Industrial Average Pointed Lower to Kick Off Fed Week

3 Sizzling Small-Caps and the Signal Not Seen Since 2006

Sep 14, 2015 at 9:03 AM
facebook X logo linkedin

Futures on the Dow Jones Industrial Average (DJIA) are signaling a cautious start to the week Fed watchers have been anxiously awaiting. The Street will likely be consumed by the Federal Open Market Committee's (FOMC) two-day policy meeting, which will culminate in a highly anticipated rate-hike decision on Thursday. Until then, investors will search for clues as to whether Fed Chair Janet Yellen & Co. will raise interest rates for the first time in nearly a decade. Global markets aren't exempt from the pre-Fed worries, as stocks in Asia and Europe are mostly lower


Continue reading for more on today's market, including:


And now, on to the numbers…




Futures on the Dow Jones Industrial Average (DJIA) are just 10 points below fair value. 


5 Things You Need to Know Today


  1. Rate-hike fears and lackluster data had stocks in China moving lower once again
  2. The Chicago Board Options Exchange (CBOE) saw 561,230 call contracts traded on Friday, compared to 453,314 put contracts. The resultant single-session equity put/call ratio rose to 0.81, while the 21-day moving average remained at 0.76.
  3. Chinese e-commerce giant Alibaba Group Holding Ltd (NYSE:BABA) is set to take a 2.8% hit at the open, following price-target cuts to $85 at both Deutsche Bank and Raymond James. More notably, though, the company was featured on the most recent cover of Barron's, with the magazine suggesting the shares could fall another 50%
  4. Things are getting ugly for Marvell Technology Group Ltd. (NASDAQ:MRVL). After sliding over 16% on Friday on news of an internal accounting investigation, the shares are again stumbling in electronic trading as the Street continues to weigh in. No fewer than four brokerage firms have lowered their price targets on the semiconductor firm, with both B. Riley and Morgan Stanley cutting their outlooks to a "hold" equivalent. 
  5. Maybe somewhat surprisingly, gold futures are pointed higher this morning, even as traders pan the upcoming Fed decision. Things got ugly toward the end of last week for names connected to the precious metal, with several equities falling to multi-year lows





Earnings and Economic Data


There are no major economic reports on tap today. United Natural Foods (UNFI) will reveal its quarterly results. To see what else is coming up on this week's docket, click here.


Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on calls
238.5% GAIN on Oracle calls



Rainmaker Ads CGI