Even under the shadow of a vague China trade deal this week, markets took on a positive mood, as the focus moved away from headlines and macro events, toward earnings.
Reports from major banks were solid, small-caps have shown relative strength and some recently battered sectors like biotechnology and retail have ticked up. On Monday, the S&P 500 moved steadily higher during the day, albeit on lower volume, and Tuesday was relatively flat. But a large number of Q3 earnings reports continue for the next several weeks. The lion’s share of the S&P 500 will report in the next two weeks.
Of the companies that have already announced earnings through Friday (10/18/19), 81% posted earnings that beat analyst expectations. Should the trend continue, some traders think the index could test its all-time high.
Below is a table identifying the percentage of names in each index reporting, arranged by trading week. Following that table is a list of Top Ten Holdings for key indexes, along with their earnings announcement dates, and corresponding bold trades using Direxion Leveraged ETFs.
Source: Bloomberg. Data as of 10/9/2019.
Q3 Quarterly Earnings Calendar
(All index data as of 9/30/2019)
S&P 500 Index (SPXT) | S&P 400 Index (MID) | |||||||
Top 10 Names | Ticker | Weight in the index | Expected Earnings Release | Top 10 Names | Ticker | Weight in the index | Expected Earnings Release | |
Microsoft Corp | MSFT | 4.34% | 10/23/2019 | STERIS PLC | STE | 0.71% | 11/14/2019 | |
Apple Inc | AAPL | 3.97% | 10/30/2019 | Teledyne Technologies Inc | TDY | 0.69% | 10/23/2019 | |
Amazon.com Inc | AMZN | 2.95% | 10/24/2019 | Alleghany Corp | Y | 0.66% | 11/5/2019 | |
Facebook Inc | FB | 1.78% | 10/30/2019 | Camden Property Trust | CPT | 0.65% | 10/31/2019 | |
Berkshire Hathaway Inc | BRK/B | 1.66% | 11/4/2019 | Old Dominion Freight Line Inc | ODFL | 0.63% | 10/24/2019 | |
Alphabet Inc | GOOG | 1.50% | 10/28/2019 | Zebra Technologies Corp | ZBRA | 0.63% | 10/29/2019 | |
JPMorgan Chase & Co | JPM | 1.49% | 10/15/2019 | Domino’s Pizza Inc | DPZ | 0.62% | 2/20/2020 | |
Alphabet Inc | GOOGL | 1.49% | 10/28/2019 | West Pharmaceutical Services Inc | WST | 0.62% | 10/24/2019 | |
Johnson & Johnson | JNJ | 1.42% | 10/15/2019 | WR Berkley Corp | WRB | 0.62% | 10/22/2019 | |
Procter & Gamble Co/The | PG | 1.26% | 10/22/2019 | Tyler Technologies Inc | TYL | 0.61% | 10/24/2019 | |
Related Funds: | Related Funds: | |||||||
Russell 2000® Index (RU20INTR) | Russell 1000 Financial Services Index (RGUSFLA) | |||||||
Top 10 Names | Ticker | Weight in the index | Expected Earnings Release | Top 10 Names | Ticker | Weight in the index | Expected Earnings Release | |
Haemonetics Corp | HAE | 0.34% | 11/1/2019 | Berkshire Hathaway Inc | BRK/B | 7.17% | 11/4/2019 | |
Novocure Ltd | NVCR | 0.34% | 10/31/2019 | JPMorgan Chase & Co | JPM | 6.41% | 10/15/2019 | |
Trex Co Inc | TREX | 0.28% | 10/28/2019 | Visa Inc | V | 5.44% | 10/24/2019 | |
Portland General Electric Co | POR | 0.27% | 11/1/2019 | Mastercard Inc | MA | 4.36% | 10/29/2019 | |
Generac Holdings Inc | GNRC | 0.27% | 10/30/2019 | Bank of America Corp | BAC | 4.20% | 10/16/2019 | |
First Industrial Realty Trust Inc | FR | 0.27% | 10/23/2019 | Wells Fargo & Co | WFC | 3.43% | 10/15/2019 | |
Science Applications International Corp | SAIC | 0.26% | 12/9/2019 | Citigroup Inc | C | 2.71% | 10/15/2019 | |
ONE Gas Inc | OGS | 0.26% | 10/28/2019 | PayPal Holdings Inc | PYPL | 2.10% | 10/23/2019 | |
Rexford Industrial Realty Inc | REXR | 0.26% | 10/30/2019 | American Tower Corp | AMT | 1.77% | 10/31/2019 | |
Southwest Gas Holdings Inc | SWX | 0.26% | 11/5/2019 | Fidelity National Information Services Inc | FIS | 1.42% | 10/29/2019 | |
Related Funds:
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Related Funds: | |||||||
Technology Select Sector Index (IXTTR) | Health Care Select Sector Index (IXVTR) | |||||||
Top 10 Names | Ticker | Weight in the index | Expected Earnings Release | Top 10 Names | Ticker | Weight in the index | Expected Earnings Release | |
Microsoft Corp | MSFT | 19.59% | 10/23/2019 | Johnson & Johnson | JNJ | 10.36% | 10/15/2019 | |
Visa Inc | V | 5.63% | 10/24/2019 | Merck & Co Inc | MRK | 6.48% | 10/29/2019 | |
Mastercard Inc | MA | 4.53% | 10/29/2019 | UnitedHealth Group Inc | UNH | 6.34% | 10/15/2019 | |
Intel Corp | INTC | 4.17% | 10/24/2019 | Pfizer Inc | PFE | 5.96% | 10/29/2019 | |
Cisco Systems Inc | CSCO | 3.72% | 11/13/2019 | Medtronic PLC | MDT | 4.31% | 11/19/2019 | |
Adobe Inc | ADBE | 2.47% | 12/12/2019 | Abbott Laboratories | ABT | 4.22% | 10/16/2019 | |
salesforce.com Inc | CRM | 2.41% | 11/27/2019 | Amgen Inc | AMGN | 3.56% | 10/29/2019 | |
International Business Machines Corp | IBM | 2.30% | 10/16/2019 | Thermo Fisher Scientific Inc | TMO | 3.34% | 10/23/2019 | |
Oracle Corp | ORCL | 2.23% | 12/17/2019 | Eli Lilly & Co | LLY | 2.74% | 10/23/2019 | |
Texas Instruments Inc | TXN | 2.21% | 10/22/2019 | Danaher Corp | DHR | 2.64% | 10/17/2019 | |
Related Funds: | Related Funds: | |||||||
S&P Consumer Discretionary Index (IXYTR) | S&P Consumer Staples Index (IXRTR) | |||||||
Top 10 Names | Ticker | Weight in the index | Expected Earnings Release | Top 10 Names | Ticker | Weight in the index | Expected Earnings Release | |
Home Depot Inc/The | HD | 11.06% | 11/19/2019 | Procter & Gamble Co/The | PG | 16.45% | 10/22/2019 | |
McDonald’s Corp | MCD | 7.18% | 10/22/2019 | Coca-Cola Co/The | KO | 11.17% | 10/18/2019 | |
NIKE Inc | NKE | 5.14% | 12/20/2019 | PepsiCo Inc | PEP | 10.34% | 2/14/2020 | |
Starbucks Corp | SBUX | 4.56% | 10/30/2019 | Walmart Inc | WMT | 9.10% | 11/14/2019 | |
Booking Holdings Inc | BKNG | 3.65% | 11/7/2019 | Philip Morris International Inc | PM | 4.77% | 10/17/2019 | |
Lowe’s Cos Inc | LOW | 3.63% | 11/20/2019 | Mondelez International Inc | MDLZ | 4.69% | 10/23/2019 | |
TJX Cos Inc/The | TJX | 3.00% | 11/19/2019 | Altria Group Inc | MO | 4.69% | 10/31/2019 | |
Target Corp | TGT | 2.53% | 11/20/2019 | Costco Wholesale Corp | COST | 4.58% | 12/12/2019 | |
General Motors Co | GM | 1.91% | 10/29/2019 | Colgate-Palmolive Co | CL | 3.58% | 11/1/2019 | |
Dollar General Corp | DG | 1.84% | 11/27/2019 | Kimberly-Clark Corp | KMB | 2.80% | 10/22/2019 | |
Related Funds: | Related Funds: | |||||||
S&P Industrials Select Sector Index (IXITR) | S&P Energy Select Sector Index (IXETR) | |||||||
Top 10 Names | Ticker | Weight in the index | Expected Earnings Release | Top 10 Names | Ticker | Weight in the index | Expected Earnings Release | |
Boeing Co/The | BA | 9.01% | 10/23/2019 | Exxon Mobil Corp | XOM | 22.84% | 11/1/2019 | |
Honeywell International Inc | HON | 5.17% | 10/17/2019 | Chevron Corp | CVX | 21.22% | 11/1/2019 | |
Union Pacific Corp | UNP | 4.91% | 10/17/2019 | Phillips 66 | PSX | 4.71% | 10/25/2019 | |
United Technologies Corp | UTX | 4.82% | 10/22/2019 | ConocoPhillips | COP | 4.62% | 10/29/2019 | |
Lockheed Martin Corp | LMT | 4.31% | 10/22/2019 | EOG Resources Inc | EOG | 4.11% | 11/7/2019 | |
3M Co | MMM | 3.93% | 10/24/2019 | Marathon Petroleum Corp | MPC | 4.08% | 10/31/2019 | |
United Parcel Service Inc | UPS | 3.58% | 10/22/2019 | Kinder Morgan Inc/DE | KMI | 4.01% | 10/16/2019 | |
General Electric Co | GE | 3.27% | 10/30/2019 | Schlumberger Ltd | SLB | 3.98% | 10/18/2019 | |
Caterpillar Inc | CAT | 3.02% | 10/23/2019 | Occidental Petroleum Corp | OXY | 3.75% | 11/6/2019 | |
Northrop Grumman Corp | NOC | 2.63% | 10/24/2019 | Valero Energy Corp | VLO | 3.62% | 10/24/2019 | |
Related Funds: | Related Funds: | |||||||
S&P Utilities Select Sector Index (IXUTR) | S&P Communication Services Select Sector Index (IXUTR) | |||||||
Top 10 Names | Ticker | Weight in the index | Expected Earnings Release | Top 10 Names | Ticker | Weight in the index | Expected Earnings Release | |
NextEra Energy Inc | NEE | 12.90% | 10/22/2019 | Facebook Inc | FB | 18.37% | 10/30/2019 | |
Duke Energy Corp | DUK | 7.97% | 11/8/2019 | Alphabet Inc | GOOG | 11.72% | 10/28/2019 | |
Dominion Energy Inc | D | 7.60% | 11/1/2019 | Alphabet Inc | GOOGL | 11.63% | 10/28/2019 | |
Southern Co/The | SO | 7.34% | 10/30/2019 | Charter Communications Inc | CHTR | 4.76% | 10/25/2019 | |
Exelon Corp | EXC | 5.28% | 10/31/2019 | Verizon Communications Inc | VZ | 4.65% | 10/25/2019 | |
Sempra Energy | SRE | 4.59% | 11/8/2019 | AT&T Inc | T | 4.61% | 10/23/2019 | |
Xcel Energy Inc | XEL | 3.81% | 10/24/2019 | Comcast Corp | CMCSA | 4.46% | 10/24/2019 | |
Public Service Enterprise Group Inc | PEG | 3.54% | 10/30/2019 | Walt Disney Co/The | DIS | 4.40% | 11/7/2019 | |
Consolidated Edison Inc | ED | 3.53% | 10/31/2019 | Netflix Inc | NFLX | 4.27% | 10/16/2019 | |
WEC Energy Group Inc | WEC | 3.40% | 10/30/2019 | Twitter Inc | TWTR | 4.09% | 10/25/2019 | |
Related Funds: | Related Funds: | |||||||
S&P Retail Select Industry Index (SPSIRETR) | S&P Pharmaceuticals Select Industry Index (SPSIPHTR) | |||||||
Top 10 Names | Ticker | Weight in the index | Expected Earnings Release | Top 10 Names | Ticker | Weight in the index | Expected Earnings Release | |
Hibbett Sports Inc | HIBB | 1.67% | 11/22/2019 | Zoetis Inc | ZTS | 5.00% | 11/7/2019 | |
GameStop Corp | GME | 1.60% | 12/5/2019 | Bristol-Myers Squibb Co | BMY | 4.92% | 10/31/2019 | |
Rite Aid Corp | RAD | 1.50% | 12/26/2019 | Merck & Co Inc | MRK | 4.89% | 10/29/2019 | |
Ulta Beauty Inc | ULTA | 1.44% | 12/5/2019 | Horizon Therapeutics Plc | HZNP | 4.87% | 11/6/2019 | |
Target Corp | TGT | 1.42% | 11/20/2019 | Johnson & Johnson | JNJ | 4.75% | 10/15/2019 | |
Foot Locker Inc | FL | 1.42% | 11/22/2019 | Eli Lilly & Co | LLY | 4.65% | 10/23/2019 | |
Dollar General Corp | DG | 1.41% | 11/27/2019 | Pfizer Inc | PFE | 4.65% | 10/29/2019 | |
Costco Wholesale Corp | COST | 1.40% | 12/12/2019 | Catalent Inc | CTLT | 4.51% | 11/5/2019 | |
Sally Beauty Holdings Inc | SBH | 1.40% | 11/7/2019 | Elanco Animal Health Inc | ELAN | 4.51% | 11/6/2019 | |
Dillard’s Inc | DDS | 1.40% | 11/15/2019 | Perrigo Co PLC | PRGO | 4.45% | 11/7/2019 | |
Related Funds: | Related Funds: | |||||||
S&P Oil & Gas Exploration and Production Index (SPSIOP) | S&P Biotechnology Select Industry Index (SPSIBITR) | |||||||
Top 10 Names | Ticker | Weight in the index | Expected Earnings Release | Top 10 Names | Ticker | Weight in the index | Expected Earnings Release | |
Marathon Petroleum Corp | MPC | 2.91% | 10/31/2019 | Seattle Genetics Inc | SGEN | 2.02% | 10/29/2019 | |
PBF Energy Inc | PBF | 2.66% | 10/31/2019 | Medicines Co/The | MDCO | 1.88% | 10/30/2019 | |
HollyFrontier Corp | HFC | 2.63% | 10/31/2019 | Arrowhead Pharmaceuticals Inc | ARWR | 1.87% | 12/10/2019 | |
Hess Corp | HES | 2.59% | 10/30/2019 | Ligand Pharmaceuticals Inc | LGND | 1.80% | 11/4/2019 | |
Phillips 66 | PSX | 2.55% | 10/25/2019 | Regeneron Pharmaceuticals Inc | REGN | 1.79% | 10/31/2019 | |
Valero Energy Corp | VLO | 2.55% | 10/24/2019 | Celgene Corp | CELG | 1.77% | 10/24/2019 | |
Delek US Holdings Inc | DK | 2.45% | 11/4/2019 | Amgen Inc | AMGN | 1.76% | 10/29/2019 | |
ConocoPhillips | COP | 2.45% | 10/29/2019 | United Therapeutics Corp | UTHR | 1.73% | 10/30/2019 | |
Murphy Oil Corp | MUR | 2.40% | 10/31/2019 | Incyte Corp | INCY | 1.71% | 10/29/2019 | |
Cabot Oil & Gas Corp | COG | 2.40% | 10/24/2019 | Vertex Pharmaceuticals Inc | VRTX | 1.70% | 10/23/2019 | |
Related Funds: | Related Funds: | |||||||
S&P Regional Banks Select Industry Index (SPSIRBKT) | MSCI US REIT Index (RMS G) | |||||||
Top 10 Names | Ticker | Weight in the index | Expected Earnings Release | Top 10 Names | Ticker | Weight in the index | Expected Earnings Release | |
PNC Financial Services Group Inc/The | PNC | 2.89% | 10/16/2019 | Prologis Inc | PLD | 5.40% | 10/15/2019 | |
First Republic Bank/CA | FRC | 2.85% | 10/15/2019 | Equinix Inc | EQIX | 4.82% | 10/30/2019 | |
BB&T Corp | BBT | 2.82% | 10/17/2019 | Simon Property Group Inc | SPG | 4.51% | 10/27/2019 | |
M&T Bank Corp | MTB | 2.82% | 10/17/2019 | Public Storage | PSA | 3.89% | 10/30/2019 | |
SunTrust Banks Inc | STI | 2.82% | 10/17/2019 | Welltower Inc | WELL | 3.72% | 10/28/2019 | |
Comerica Inc | CMA | 2.79% | 10/16/2019 | Equity Residential | EQR | 3.25% | 10/22/2019 | |
Zions Bancorp NA | ZION | 2.77% | 10/21/2019 | AvalonBay Communities Inc | AVB | 3.04% | 10/28/2019 | |
KeyCorp | KEY | 2.71% | 10/17/2019 | Digital Realty Trust Inc | DLR | 2.71% | 10/29/2019 | |
Huntington Bancshares Inc/OH | HBAN | 2.70% | 10/24/2019 | Ventas Inc | VTR | 2.65% | 10/25/2019 | |
Regions Financial Corp | RF | 2.67% | 10/22/2019 | Realty Income Corp | O | 2.48% | 10/31/2019 | |
Related Funds: | Related Funds: | |||||||
Dow Jones Transportation Average (DJTTR) | PHLX Semiconductor Sector Index (XSOX) | |||||||
Top 10 Names | Ticker | Weight in the index | Expected Earnings Release | Top 10 Names | Ticker | Weight in the index | Expected Earnings Release | |
Norfolk Southern Corp | NSC | 10.37% | 10/23/2019 | NVIDIA Corp | NVDA | 8.41% | 11/14/2019 | |
Union Pacific Corp | UNP | 9.45% | 10/17/2019 | Intel Corp | INTC | 8.32% | 10/24/2019 | |
FedEx Corp | FDX | 8.50% | 12/17/2019 | Texas Instruments Inc | TXN | 8.03% | 10/22/2019 | |
Kansas City Southern | KSU | 7.86% | 10/18/2019 | Broadcom Inc | AVGO | 7.57% | 12/5/2019 | |
United Parcel Service Inc | UPS | 6.95% | 10/22/2019 | QUALCOMM Inc | QCOM | 7.51% | 11/6/2019 | |
Landstar System Inc | LSTR | 6.75% | 10/23/2019 | Taiwan Semiconductor Manufacturing Co | TSM | 4.43% | 10/17/2019 | |
JB Hunt Transport Services Inc | JBHT | 6.56% | 10/15/2019 | Lam Research Corp | LRCX | 4.34% | 10/23/2019 | |
United Airlines Holdings Inc | UAL | 5.33% | 10/15/2019 | KLA Corp | KLAC | 4.18% | 10/28/2019 | |
CH Robinson Worldwide Inc | CHRW | 5.07% | 10/29/2019 | NXP Semiconductors NV | NXPI | 4.06% | 10/28/2019 | |
Kirby Corp | KEX | 4.85% | 10/25/2019 | Micron Technology Inc | MU | 3.73% | 12/17/2019 | |
Related Funds: | Related Funds: | |||||||
ISE Natural Gas Index (FUMTR) | Dow Jones U.S. Select Aerospace & Defense Index (DJSASDT) | |||||||
Top 10 Names | Ticker | Weight in the index | Expected Earnings Release | Top 10 Names | Ticker | Weight in the index | Expected Earnings Release | |
Murphy Oil Corp | MUR | 5.06% | 10/31/2019 | Boeing Co/The | BA | 22.56% | 10/23/2019 | |
Cimarex Energy Co | XEC | 4.92% | 11/4/2019 | United Technologies Corp | UTX | 15.68% | 10/22/2019 | |
Cabot Oil & Gas Corp | COG | 4.91% | 10/24/2019 | Lockheed Martin Corp | LMT | 6.98% | 10/22/2019 | |
Vermilion Energy Inc | VET | 4.85% | 10/28/2019 | Northrop Grumman Corp | NOC | 4.76% | 10/24/2019 | |
Enerplus Corp | ERF | 4.73% | 11/8/2019 | TransDigm Group Inc | TDG | 4.68% | 11/5/2019 | |
Devon Energy Corp | DVN | 4.57% | 11/5/2019 | Raytheon Co | RTN | 4.64% | 10/24/2019 | |
Matador Resources Co | MTDR | 4.56% | 10/30/2019 | L3Harris Technologies Inc | LHX | 4.63% | 10/30/2019 | |
Encana Corp | ECA | 4.52% | 11/1/2019 | General Dynamics Corp | GD | 4.35% | 10/23/2019 | |
EQT Corp | EQT | 4.45% | 10/24/2019 | Teledyne Technologies Inc | TDY | 3.42% | 10/23/2019 | |
Range Resources Corp | RRC | 4.34% | 10/28/2019 | Textron Inc | TXT | 3.22% | 10/17/2019 | |
Related Funds: | Related Funds: | |||||||
Dow Jones U.S. Select Home Builders Index (DJSHMBT) | ||||||||
Top 10 Names | Ticker | Weight in the index | Expected Earnings Release | |||||
DR Horton Inc | DHI | 13.56% | 11/12/2019 | |||||
Lennar Corp | LEN | 12.89% | 1/8/2020 | |||||
NVR Inc | NVR | 9.67% | 10/18/2019 | |||||
PulteGroup Inc | PHM | 7.23% | 10/22/2019 | |||||
Sherwin-Williams Co/The | SHW | 4.56% | 10/22/2019 | |||||
Home Depot Inc/The | HD | 4.27% | 11/19/2019 | |||||
Lowe’s Cos Inc | LOW | 4.08% | 11/20/2019 | |||||
Toll Brothers Inc | TOL | 3.88% | 12/3/2019 | |||||
Masco Corp | MAS | 2.95% | 10/30/2019 | |||||
TopBuild Corp | BLD | 2.54% | 10/31/2019 | |||||
Related Funds: |
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