Stock Market update: January 2015

Stock Market update -Feb 1st

Overall the market was down this week and for the month as well, with lots of ups and downs in between. GDP numbers were weak, as well as earnings from some companies, with some affected by the strong Dollar. Next week we'll probably see more of the same, with the market looking weak at this point. We seem to have been forming a top since December, with lower highs on each rally. Bonds continue to rally as well, not a good sign.

Earnings rallies included AAPL, AMZN, BA, BIIB, HAR
Earnings drops were seen in BABA, CAT, MSFT, PFE, PG, QCOM, YHOO

Financial troubles seem to be stirring up in Europe again, as Bonds dropped in Greece after their election.

New all time highs: BIIB, HAR, SWKS, UA, WEN
All time lows: ALLY

Pops: Drops:

Next week: Economic reports, Monthly Jobs report on Friday

Earnings:

Mon: XOM,

Tue: BP, CMG, DIS,

Wed: GM, GMCR, HUM

Thu: TWTR

Fri:

This week's charts:

S&P 500 -TOPPING?
10yr Interest Rates -very low!
Labor Force Participation Rate (10 year chart)

Commodities/Futures (charts):
Crude Oil was up, closing near $48.24

Natural Gas was down, closing at $2.69
Gold was down, closing near $1279 -moving up!

The 30 year Bond was up, closing near 151.28 -still moving up!

The US Dollar was up again, closing at 95 -still moving up!

NEWS:

Stocks skid for second month; Dow falls 250 pts (vid)
Hey, Bulls: This Stock Market Is Signalling It's Going Down
Jim Cramer's 'Mad Money' Recap: Here's Next Week's Game Plan

Tim Cook's Apple is hot. But can it keep going? (vid)
Apple ascendant: 74.5M iPhones sold last quarter (vid)
1B Android phones shipped in 2014, but they don’t all help Google
Chromecast is now the No. 1 streaming device in the U.S., users have casted 1 billion times
Citi Picked the Wrong Week to Quit Hedging Swiss Francs

Stock Market update -Jan 25th

An eventful week for news and earnings, and the market responded with a nice rally. The ECB decided to implement their own version of 'QE', with monthly $60b Euro bond purchases.

Next week will be a big one for earnings with AAPL reporting, along with GOOG, BABA, abd other big Tech names.

NFLX rallied, so did SBUX
UPS dropped, along with FFIV

New all time highs: CCI, COV, CVS, DAL, DLTR, HON, LUV, LOW, MDT, MIK, SBUX, UNH, and more...
All time lows:

Pops: NFLX, SBUX Drops: UPS

Next week: Economic reports, Fed meeting, Superbowl

Earnings:

Mon: MSFT, T, PFE

Tue: AAPL, CAT,DD, MMM, PG, YHOO

Wed: BA, BIIB, FB, QCOM

Thu: AMZN, BABA, GOOG, F

Fri: CVX, MA

This week's charts:

S&P 500 -TOPPING?
10yr Interest Rates -very low!
Labor Force Participation Rate (10 year chart)

Commodities/Futures (charts):
Crude Oil was down again, closing near $45.59

Natural Gas was down, closing at $2.98
Gold rallied, closing near $1292 -moving up!

The 30 year Bond was up, closing near 149.84 -moving up!

The US Dollar was up again, closing at 95 -still moving up!

NEWS:

Look out: Big week ahead for stock market

Ocwen Financial (OCN) Stock Hits One-Year Low, Closes Down Today After Hedge Fund Shorts Stock

Currency war: Who will be the casualties?

Stock Market Update -Jan 18th

The market was down all week, then rallied on Friday. Bonds rallied for the week. Next week we get a slew of earnings reports so keep tuned in for the market reaction.

The ECB will make a big QE announcement on Thursday which could be a market mover as well. We saw big currency moves this week as the Swiss removed their currency peg -we could see more fallout from that too over the next week. The market is closed on Monday for a holiday.

New all time highs: AET, DGX, ED, KR, NVS, SPG, STZ, UNH
All time lows: ANGI

Pops: Drops: TIF,

Next week: Economic reports, ECB rate decision & QE,

Earnings:

Mon: Holiday

Tue: DAL, JNJ, HAL, IBM, NFLX, MS

Wed: AXP, DFS, EBAY, KMI, SNDK, UNH

Thu: COV, COF, ISRG, LUV, SBUX, TRV, VZ

Fri: BK, GE, HON, MCD

This week's charts:

S&P 500 -TOPPING?
10yr Interest Rates -very low!
Labor Force Participation Rate (10 year chart)

Commodities/Futures (charts):
Crude Oil was mostly unchanged, closing near $48.69 -BOUNCE?

Natural Gas was up, closing at $3.12
Gold rallied, closing near $1276 -moving up!

The 30 year Bond was up, closing near 149.53 -moving up!

The US Dollar was up, closing at 92.89 -still moving up!

NEWS:

The Week Ahead: Earnings & the ECB
Has Demand For Stocks Dried Up?
The Stock Market Is Just Noticing What The Bond Market Has Known For Months
The number of female CEOs replacing men surges 70%

Gold ends above $1,276, at highest since August
Euro hits fresh 11-year low against the US dollar
Alpari UK currency broker folds over Swiss franc turmoil

Stock Market Blog -Jan 11th

This was a rocky week with large down swings and up swings. Next week we could see more of the same as earnings reports start coming in. Until we see a better short-term trend pattern setting up, its anyone's guess as to where we are headed next.

Unemployment dropped to 5.6 percent. Meanwhile, Oil prices continue to drop, and Bond prices continue to rise...

New all time highs: AGN, AMBA, AVGO, COV, DRI ISIS, KR, SPG, ROST
All time lows:

Pops: Drops:

Next week: Economic reports,

Earnings:

Mon: AA

Tue: CSX

Wed: JPM, WFC

Thu: INTC, SLB

Fri: GS,

This week's charts:

S&P 500 -
10yr Interest Rates
Labor Force Participation Rate (10 year chart)

Commodities/Futures (charts):
Crude Oil was down again, closing near $48.36 -still dropping

Natural Gas was down slightly, closing at $2.94
Gold rallied, closing near $1216

The 30 year Bond was up, closing near 147.53

The US Dollar was up, closing at 92.14

NEWS:

Wall St. retreats after two-day advance; jobs data mixed
What to watch for next week (vid)
Why Is VIX Volatility At Crisis Levels?
Blodget: Apple's App store sees record sales, but what's next? vid

Stock Market Blog -Jan 4th

We got a year end sell-off this week -maybe some profit taking... we could see the rally continue next week, and then take a direction based on earnings reports. I'm still looking for the NASDAQ to surpass the 2000 high in the near future.

The S&P500 closed the year with a gain of just over 11% while the NASDAQ was up just over 13%. The Small-cap Russell 2000 was only up around 4%. Oil was down almost 50% for the year. Bonds outperformed the S&P500!

Interesting Global Macro Charts

Best performer in the S&P500: LUV
Best performer in the DOW: INTC
Best performer in the NASDAQ: AAL

Worst performer in the S&P500: RIG
Worst performer in the DOW: IBM

Best Sectors: Biotech, Utilities
International: China, India

Worst sectors: Energy, Gold miners