Stock Market Blog -Sep 28th

We saw some rocky action this week with a big drop on Thursday, and some recovery on Friday. Looks like we're maybe setting up for a pullback. Next week marks the end of the 3rd quarter, and the following month marks the beginning of earnings season again. Get ready for some volatility.

Commodities continue to get hammered, as the US Dollar keeps rising. We could see Gold under $1200 next week, and Oil under $90. An oversupply of Grains is sending prices lower too (charts below).

New all time highs:     CF, LMT, NKE, VRTX

All time lows:   KING

Pops:    JNS     Drops:  AZO, 

Next week:  Economic reports,  

Earnings:     

This week's charts:

S&P 500 -Topping?
10yr Interest Rates
Labor Force Participation Rate (10 year chart)

One time high-fliers

Commodities/Futures (charts):
Crude Oil was up, closing at $93.54 -holding under $100!

Natural Gas was up, closing at 4.03
Gold was flat, closing at $1215 -still heading for 1200!

The 30 year Bond was up, closing near 137.62

The US Dollar was up again, closing near 85.76

Relentless selling in Grains as the US Dollar rallies (below), and supplies pile up...

US Dollar continues to rally

NEWS:

Gross to Join Janus After Record Redemptions at Pimco Flagship Fund

Stock Market Blog -Sep 21st

The market roller coaster continues, with an 'up' leg this week. No real effects from the Fed, the Scotland vote, or triple witch Options expiration. We are approaching the end of the quarter and I expect the rally will hold up through that time.

Gold and Oil continue to drop, along with other commodities (Grains especially!).

FDX popped on earnings
BABA, the biggest IPO ever, popped after opening.
TLT popped on Friday

New all time highs:      AMGN, ABT, AVGO, BIDU, DFS, GMCR, GLNG, INTU, JNJ, JPM, HD, ITMN, LMT, LUV, LOW, MAR, MMM, PEP, VRTX, WFC, etc.

All time lows:   ANGI,  ANR, ARCO, WLT,

Pops:     DD, X    Drops:  PIR

Next week:  Economic reports,  

Earnings:     AZO, BBBY, MU, NKE

This week's charts:

S&P 500 -Topping?
10yr Interest Rates
Labor Force Participation Rate (10 year chart)

Commodities/Futures (charts):
Crude Oil was down again, closing just over $92 -holding under $100!

Natural Gas was mostly unchanged, closing near 3.84
Gold was down again, closing at $1215 -still heading for 1200!

The 30 year Bond was up, closing near 136-25

The US Dollar was up, closing near 84.90

NEWS:

What will make stocks go even higher?
Jim Cramer's 'Mad Money' Recap: My Game Plan for Next Week

Stock Market Blog -Sep 14th

We saw some weakness in the market, indicating maybe that the rally may be starting to run out of steam. Remember that next Friday is triple witching Options expiration for the month and the quarter -the market typically will hold up for this event though. Keep an eye out for the reaction to the Fed announcement on Wednesday too.

The energy sector (XLE) has been dropping as Oil prices continue to fall. The IYR Real Estate ETF saw a drop this week too. Ditto for Bond prices and Gold. Some of these drops are a consequence of the continued rise in the US Dollar.

AAPL finally announced their new iPhones and watch, with little reaction from the stock price. 

We continue to see weakness in Gold.

Option Volatility on equities is starting to rise again...

New all time highs:      CMCSA, GLNG, HCA, ITMN, LUV,  MHFI, VFC, 

All time lows:   WLT

Pops:    LULU, ULTA     Drops:  

Next week:  Economic reports,  Fed meeting, Alibaba IPO

Earnings:     ADBE, FDX, GIS, ORCL

This week's charts:

S&P 500 -Topping?
10yr Interest Rates
Labor Force Participation Rate (10 year chart)

Commodities/Futures (charts):
Crude Oil was down again, closing around $92.27 -holding under $100!

Natural Gas was mostly unchanged, closing near 3.86
Gold was down again, closing at $1231 -heading for 1200!

The 30 year Bond dropped, closing near 135.84

The US Dollar was up, closing near 84.24

NEWS:

Week Concludes With S&P 500 Below 2,000; Dow Below 17,000
Stocks close down ahead of Fed meeting; energy hit
The Fed to steer next week's market direction
Why US Interest Rates Can Never Rise (In 1 Chilling CBO Chart)
Opinion: The Nasdaq is poised to top 5,000 within months
Deleveraging delayed now 30 trillion larger
The first ever bubble that doesn’t collapse?

Blatant Divergence Is Upon Us Again
Most loved and hated stocks right now
Solar stocks sizzle after Trina says it can't keep up with demand
Did Apple’s Tim Cook think differently enough?
McDonald’s is in big trouble—and it could get even worse (vid)

RadioShack sliding toward bankruptcy

Stock Market Blog -Sep 7th

The market rallied again this week, with the S&P500 closing at another all time high. This in spite of a weaker Jobs report on Friday, and all the negative global issues at hand. AAPL dropped, ahead of next week's new product announcements -AAPL is currently the largest company by market cap.

The US Dollar rallied, so major currencies dropped this week, continuing the drop we've seen over the past few months (interest rates were lowered in the Eurozone). Also Bonds dropped, along with Gold, Oil, and Natural Gas. So did Corn, Soybeans, Sugar, and Cocoa.

New all time highs:      AVGO, COST, CVS, KR, LOW, NKE, NSC, RCL, TSO, UAL, XEL, WLP
All time lows:   -ARCO

Pops:        Drops:  

Next week:  Economic reports,  

Earnings:     

Market Commentary

The market continues to inch its way higher. Let's see what this week brings. Seems like this rally never ends!

This week's charts:

S&P 500 -New all time high!
10yr Interest Rates
Labor Force Participation Rate (10 year chart)

Commodities/Futures (charts):
Crude Oil was down, closing around $93.29 -holding under $100!

Natural Gas was down, closing near 3.79
Gold was down, closing at $1267 -still under $1300

The 30 year Bond dropped, closing near 137.94

The US Dollar was up, closing near 83.75

NEWS: