CSCO dropped after reporting earnings. KSS dropped too.
New all time highs: AMZN, BA, CRM, CVS, FDX, KORS, LOW, PG, MMM, NKE, STZ, and many more...
All time lows: ...
Next week: Economic reports
Earnings next week: Retailers reporting next week... HD, BBY, etc.
PG, DIS, and MMM -all time highs -are these growth stocks?
| Market Commentary |
The rally continues! Everyone has been expecting a correction, so maybe that's why we haven't seen one! Maybe next week -maybe not. For the trend traders, stick with the trend. For the contrarians, hang in there! Volatility is very low, so there are some potential Options opportunities in the VIX products, or in shorting the market indexes using Option srpeads (SPY, SSO, IWM, etc).
This week's charts:
S&P 500 -all time high!
10yr Interest Rates
Labor Force Participation Rate (10yr chart)
Commodities/Futures (charts):
Crude Oil dropped, closing near $93.84 -holding under $100
Natural Gas was up, closing near $3.66
Gold was up a bit, closing at $1287
The 30 year Bond was up, closing near $132.53
The US Dollar dropped, closing near 80.90
10yr Interest Rates
Labor Force Participation Rate (10yr chart)
Commodities/Futures (charts):
Crude Oil dropped, closing near $93.84 -holding under $100
Natural Gas was up, closing near $3.66
Gold was up a bit, closing at $1287
The 30 year Bond was up, closing near $132.53
The US Dollar dropped, closing near 80.90
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Unappreciated by Street, charts say buy
Exxon top energy gainer after Buffett takes stake
Will Google Docs kill off Microsoft Office?
Come On, Apple Fans, It's Time To Admit That The Company Is Blowing It
Is gold ready to turn a corner?
China unveils boldest reforms in decades, shows Xi in command
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