The S&P500 is obviously in a short term down-trend. We could see it bounce a little higher this week (maybe resistance around 1920), but that will probably be followed by a continuation of the down-trend. Earnings reports could be a catalyst for providing short term market direction, and this week we get lots of companies reporting -AAPL reports on Monday.
You can trade the Bond market using TLT or TBT, or OIL using USO, or Gold using GLD. For the overall market you can use SPY, QQQ, IWM, or for the down-side, SH, PSQ, or RWM.
-List of Inverse ETFs
New all time highs: DPZ, EXR, MJN, REGN,
All time lows: AU, MWW
Pops: REGN Drops: NFLX, WMT
Next week: Economic reports,
Earnings:
Mon -AAPL, CMG, HAL, IBM, TXN, VFC
Tue -DFS, ISRG, KO, LMT, MCD, TRV, VZ, VMW, YHOO
Wed -BA, EMC, T
Thu -AMZN, CAT, CELG, GM, MMM, MSFT, UA,
Fri -BMY, CP, F, PG, UPS
This week's charts:
S&P 500 -still dropping!
10yr Interest Rates
Labor Force Participation Rate (10 year chart)
Commodities/Futures (charts):
Crude Oil was down again, closing at $82.75 -heading under $80!
10yr Interest Rates
Labor Force Participation Rate (10 year chart)
Europe's troubles aren't over...
Commodities/Futures (charts):
Crude Oil was down again, closing at $82.75 -heading under $80!
The 30 year Bond was up again, closing at 142.90 -another surprise!
The US Dollar was down a bit, closing at 85.21
NEWS:
Steep Sell-Off Spreads Fear to Wall Street
What could rock the markets in week ahead
How to play tech earnings next week: 'Fast' pros
Netflix: Anatomy of a disaster
It's baaack: $100 curse haunts Apple again
Fears That Pimco and Other Big Firms Could Be Unable to Unload Risky Bonds
The depressing truth behind the jobs 'recovery'
Posts
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