Strong Q4 Kickoff!

Stocks on Wall Street kicked off Q4 on a positive note on Monday, all 3 major indexes achieving new historic highs, as economic figures pointed to underlying strength. The industrial activity index soared this past month to a high not seen in 13-and-a-half years.

The optimism about the tax reform also continued to support stocks. Last week, President Trump unveiled the largest tax reform in 3 decades. Small-cap stocks on the Russell 2000 continued advancing to new all-time highs. Small stocks are expected to be the biggest winners from the tax cut. There are still a lot of details that need to be stamped out in the new tax plan, but the market is definitely ready to believe that something good is on its way!

Daily Summary: The Dow Jones climbed 0.68%, the S&P 500 rallying 0.39% and the NASDAQ rising 0.32%.

About 6.3 billion shares traded hands on U.S. exchanges, above the average seen over the last 20 trading days.

Tuesday: September car sales will command most of traders’ attention today on Wall Street – and are likely to surge in light of the wide-scale damage wrought to thousands of cars as hurricanes Harvey and Irma reigned supreme. Economists expect to see the annual clip of car sales climb past 17 million, after 5 straight months which saw the clip coming out far beneath.

Earnings reports are expected today from LEN and PAYX before opening.

Index Last Daily change
DJX 22,558 0.68% Up
SPX 2,529 0.39% Up
Nasdaq 6,517 0.32% Up

Today’s Hot stocks: TSLA, LEN, PAYX, EFX

IPOs: None

Have a great trading day!


Economic Calendar


DAY TIME (EST) Event Forecast Impact
Monday 9:45 PMI Manufacturing Index 53 Medium
Monday 10:00 ISM Mfg Index 58


Monday 10:00 Construction Spending 0.3 % Medium
Wednesday 8:15 ADP Employment Report 150,000 Medium
Wednesday 9:45 PMI Services Index 55.1 Medium
Wednesday 10:00 ISM Non-Mfg Index 55.4 Medium
Wednesday 10:30 Oil Inventories Low
Wednesday 15:15 Janet Yellen Speaks  21st Century Conference in St. Louis. Medium
Thursday 8:30 Chain Store Sales 270 K Medium
Thursday 8:30 Jobless Claims 265 K Medium
Thursday 10:00 Factory Orders 0.9 % Medium
Friday 8:30 Nonfarm Payrolls 95,000 High
Friday 8:30 Unemployment Rate – Level 4.4 % High
Friday 8:30 Average Hourly Earnings 0.3 % High
Friday 10:00 Wholesale Trade 0.7 %




Earning Calendar


Symbol Company AM/PM Day
LEN Lennar Corporation AM Tuesday
PAYX Paychex, Inc. AM Tuesday
MON Monsanto Company AM Wednesday
PEP Pepsico, Inc. AM Wednesday
STZ Constellation Brands, Inc. AM Thursday
YUMC Yum China Holdings, Inc. PM Thursday
HELE Helen of Troy Limited PM Thursday
COST Costco Wholesale Corporation PM Thursday



Today’s Picks – Day Trading!

Symbol Breakout Breakdown Momentum Momentum
NFX 30.05 SGMO  
SLB 70.01 WTW  
NFLX 176.55 SRPT  



New York Strategy Swing

# Date Stock Long\


Statues Data Close Profit\


1 1.9.2017 VNTV Long Close 14.9.2017 +1.35%
2 12.9.2017 CPB Short Close 15.9.2017 -1.10%
3 18.9.2017 INSM Long Close 22.9.2017 +1.92%
4 25.9.2017 GPS Long Close 2.10.2017 +1.69%
5 27.9.2017 SQM Long Close 29.9.2017 +1.69%
6 2.10.2017 ATI Long     +2.37%
7 2.10.2017 TROX Long     +2.03%


Today’s Picks – Swing “New-York Strategy”

No.1 –   ABT      

Company Name Abbott Laboratories
Entry Point 53.70
Stop Area 53.15
1st Target 54.20
Swing Target 54.80
Avg. Volume 5.41M
Sector Healthcare | Medical Appliances & Equipment
Earning Date 18 Oct
Risk Rate Normal
Risk\Reward Ratio 2.00:1


No.2 – BBY

Company Name
Best Buy Co., Inc.
Entry Point 56.90
Stop Area 57.75
1st Target 56.40
Swing Target 51.61
Avg. Volume 4.80M
Sector Services | Electronics Stores
Earning Date
Risk Rate Normal
Risk\Reward Ratio 6.22:1

Risk Rates: Normal – Regular size, High –Consider reducing size, Low – Consider increasing size