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)

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