Fed Watch Just Isn't The Same

Good morning Folks, 
I am not trying to be disrespectful but its is true! The story line is the same with each meeting and the end result is actually boring. It has becomes too predictable and it loses its shock value when every episode is basically a repeat of the one before.  
The action in the stock market was fairly muted after the announcement the dollar initially spiked and then pulled back. Gold and miners then tried to make a little move but after the huge run it has already had there wasn't really anyone that was willing to jump in ans start buying with both fists. 

IBB had another weak day which is a bit disappointing since it had such a sweet looking technical setup coming into the week and now that setup is looking like it may fail. We will have a better idea after today where we are expecting earnings form some big names in the sector both pre and post market. CELG AMGN ABBV BMY BMRN and GILD to name a few.

The real standout yesterday was the Oil and energy sector as oil closed @ 45 dollars a barrel. Energy names have had a nice run and it would not be a huge shock to see them consolidate or even pull back a bit. 

In last weeks video I was cautious of tech and the semi industries and while the tech call appears to be justified the Semiconductor space actually showed some signs of life yesterday and because of that I am going to pay a little more attention to the sector. Even though FB crushed their earnings I am still very cautious on the whole tech sector. 

The solar sector broke the trendline we talked about on the Ticker Tv session from Sunday and we had a nice move in some individual names. First Solar reported earnings after the close and the reaction on the earnings were mixed as they beat on earnings but missed on revenue and also announced the CEO was leaving and the CFO will be taking over at the helm.  

The Aerospace and Defense sector remains very strong and should be on your radar. 
Get it ?? RADAR >>>>Defense ?? >>I kill me! 

The global markets are selling off a bit after the bank of Japan held steady on their rates and the market doesn't appear to like it. If the selloff picks up steam we could see some volatility come back into the markets so keep an eye on TVIX and UVXY.  

We have two HUGE M&A announcements out this morning. ABBV acquiring Stemcentrx and Abbot buying St Jude. SNY making a hostile bid for MDVN is official. The sector should heat up after these developments.  

ETF's on my Radar 

Volatility & SPY                                     OIL                                                  Biotech
UVXY XIV VXX TVIX SPXS SPXL      UWTI DWTI GUSH DRIP         LABD IBB LABU      

 Gold                                SILVER         Dollar                                Financials

GLD NUGT JNUG             USLV          UUP                                 FAS XLF FAZ

Minerals and Miners                   Utilities           RETAIL                    Transportation              

XME GDX GDXJ                      XLU             XRT                         IYT  XTN

DUST JDST  

Agriculture 

DBA, DAG

Stocks on my Radar Premarket 

TNK had some option activity yesterday flirting with a 4 roll 
ADXS Fast track status in an area for potential bounce 
ADMS positive phase 3 data plenty of cash lil gapper premarket  tiny float potential 20 test and roll 
VIVO pr decent daily and decent balance sheet potential 21 test and roll 
SGMS PR nice looking daily was on this weeks stocks to watch could be more of a swing need to see when they report earnings 
SRPT active premarket potential continuation 
BCOR earnings beat and raise insider buying flirting with a 6 roll tremendous amount of debt 
Stocks discussed in this week Ticker TV video are below> the video replay is in the Ticker Tv section the right side of the page.  

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