Stock Market Blog -Mar 23rd

The market rallied this week, then pulled back on Friday as it approached the previous high from earlier this month. The NASDAQ 100 is showing weakness among the major indices. Gold and Biotechs (IBB) pulled back.

MSFT hit $40 for the first time since 2000!

New all time highs:   AET, AMGN, BWLD, DFS, JPM, WFC, HAL, MAR, TSN, UNH, and more...
All time lows:   -

Can QCOM make it all the way? ...after almost 15 years!

Pops:     ECYT, FSLR      Drops:  IBB, WLT

Next week:  Economic reports,  ...approaching the end of Q1

Earnings:     

Market Commentary

We continue to chop around the current levels. This might continue thru the end of the first Quarter, then we get earnings.  The up-trend is still holding, but starting to flatten out.

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 was up, closing around $99.30 -holding under $100!
Natural Gas was mostly unchanged, closing  at $4.33
Gold was up, closing at $1327  -so much for $1400!
The 30 year Bond dropped, closing at 132.75
The US Dollar was up a bit, closing at 80.30

NEWS: