Stock Market Weekend Update -Nov 23rd

Another week, another record high in the markets (S&P500) -we have had a non-stop rally since mid-October! Lots of new all-time highs (below). We'll see what next week brings, but odds favor a pullback in the near future. Bonds have been holding up in spite of the stock rally. Gold continued to recover, in spite of a continued rally in the US Dollar.

The short-term trend is still 'up', so no reason to really be bearish until we see a change in this short-term trend.  Next week is a short trading week because of Thanksgiving.


New all time highs:   AAPL, ABBV, AMT, BRK.B, MDT, FL, FDX, LOW, ADSK, ROST, UNP, EEP, CSX, PEP, M, MMM, ESRX, STX, NKE, DG, DLTR, COV, COST, INTU, AMGN, ADM, V, and more...
All time lows:   --
Pops:     BBY, LOW, TGT, SPLS, PETM, ROST, WSM,    Drops:   GME, GMCR
Next week:  Economic reports,   
Earnings:     

This week's charts:
S&P 500 -more all time highs!
10yr Interest Rates
Labor Force Participation Rate (10 year chart)

Commodities/Futures (charts):
Crude Oil was up, closing at $76.51 -now heading back up?
Natural Gas was up, closing at 4.26
Gold was up, closing at 1198 -still under $1200!
The 30 year Bond was up  a bit, closing at 142
The US Dollar was up, closing at 88.40

Everything was up!

NEWS:
Stocks close up for the fifth week; Dow, S&P at records
Is a market top setting up?
5 Must-See Charts - views
Best Buy profit beats, sending shares higher
Ross Stores tops Street 3Q forecasts
Earnings Up 10.5% Last Quarter

Apple-backed Rockstar ends patent war on Android, deal suggests
Firefox dumps Google for Yahoo as default search engine
5 Best Android Phones to Buy This Holiday Season for Anyone


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