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: