Stock Market Blog -Mar 16th

We saw some profit taking as the market dropped this week, and Bonds and Gold rallied. Gold stocks were also on the rise, along with Utilities (XLU). The market could be starting a slow roll and forming a top in this area -keep an eye on the moving averages.

New all time highs:   CBOE, PZZA, TSN, 
All time lows:   -

Pops:     Drops:  HLF, BLDP, FCEL, PLUG

Next week:  Economic reports,  ** Fed meeting **   ** Options Expiration **

Earnings:     ORCL, ADBE, FDX

Biotech

Some All Time Highs...

Market Commentary

Was that a fake out rally the previous week? Time will tell... lets see how we close out this first quarter. We dropped in the beginning, then rallied back, so we might end the quarter basically unchanged! Don't forget  this is Options expiration week.

This week's charts:

S&P 500 -still on top!
10yr Interest Rates
Labor Force Participation Rate (10 year chart)

Commodities/Futures (charts):
Crude Oil dropped, closing around $98.90 -finally under $100!
Natural Gas was mostly unchanged, closing  at $4.42
Gold was up, closing at $1379  -approaching $1400
The 30 year Bond rallied, closing at 133.50
The US Dollar was down a bit, closing at 79.45

NEWS:
Weighing The Week Ahead: Yellen Takes The Stage
The Four Horsemen Of The Stock Market Apocalypse
Why Facebook's Shares Are Running Up

Here are two charts that say a crash is not likely (vid)