New all time highs: AMZN, ABC, BIIB, CMCSA, CVS, CELG, CL, GILD, DIS, DAL, LMT, MMM, TWC, YUM, PG, UPS, and more...
All time lows: ...
Pops: GMCR, LZB Drops: BBY, CPB, DLTR, GME, LOW, ROST
Earnings next week: HPQ
| Market Commentary |
The rally continues... same comments as last week! "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 spreads (SPY, SSO, IWM, etc).
5 year rally
This week's charts:
S&P 500 -all time high again!
10yr Interest Rates
Labor Force Participation Rate (10yr chart)
Commodities/Futures (charts):
Crude Oil was mostly unchanged, closing near $94.84 -holding under $100
Natural Gas was up, closing near $3.77
Gold dropped again, closing at $1244
The 30 year Bond dropped, closing near $131.90
The US Dollar was mostly unchanged, closing near 80.74
10yr Interest Rates
Labor Force Participation Rate (10yr chart)
Commodities/Futures (charts):
Crude Oil was mostly unchanged, closing near $94.84 -holding under $100
Natural Gas was up, closing near $3.77
Gold dropped again, closing at $1244
The 30 year Bond dropped, closing near $131.90
The US Dollar was mostly unchanged, closing near 80.74
NEWS:
Dow 20,000 here we come: It’s different this time
U.S. Stocks Close to Scoring 'Perfect 10' for 2013
What you can learn from naysaying short sellers
Short sellers see once in a lifetime opportunity—if they can survive
Real Jobless Rate 11.8% Excluding Labor Force Exodus
ETFs That Act Like Bonds, Not (Ugh) Bond Funds
Watch out, Apple! Here come Chinese smartphones
Boeing warns of engine risk on 747-8s, Dreamliners
J.C. Penney dropped from S&P 500 index
Bargain hunters get ready to buy gold
Maria Bartiromo to Leave CNBC for Fox Business
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