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