Stock Market update -May 31st

The market pulled back a bit this week as economic numbers continued to disappoint. We are still near all time highs however, and still in an up-trend. Bonds may be gaining some strength, while Oil is holding near $60. Biotechs are holding near their highs (IBB), and Semiconductors broke out to new highs (SMH). Worrying though is the Transportation index which has been trending down all year.

New all time highs:     AVGO, ATVI, AET, AMBA, CI, EBAY, FTNT, HUM, MDLZ, NFLX, NXPI, PANW, SBUX, SKX, ULTA
All time lows: 
Pops    BRCM, GME, HUM, TWC, TIF ,      Drops:  
Mergers/Deals:  Charter Communications to acquire Time Warner Cable,
Avago to buy Broadcom

Next week:  Economic reports,   >>Monthly 'Jobs report

Earnings:     AMBA, CIEN, DG

This week's charts:

S&P 500 -holding on to the highs!
10yr Interest Rates -rising
Labor Force Participation Rate (10 year chart)

Commodities/Futures (charts):

Natural Gas was down a bit, closing at $2.64

Crude Oil was up a bit, closing near $60.23

Gold was up a bit, closing near $1190 -back below $1200

The 30 year Bond was up, closing near 156.46

The US Dollar was up a bit, closing at 96.98 -heading back up?

NEWS:

Wild week ahead as traders watch for June swoon
'Fast Money' Recap: Bristol-Myers' Stock Is Ailing, Health Care on the Rise
Google's Chromebooks Are Threatening Microsoft's Cash Cow
I'll toss Apple if it doesn't let go of it's iPhone crutch: Analyst
Avago to buy Broadcom for $37B in cash and stock

We are in the middle of a currency war: Strategist
As Greece leads the news, Italy’s problems mount

Stock Market update -May 24th

The market was mostly flat this week, continuing to hold near all time highs. Not sure what catalyst will drive it higher or lower next, we'll just have to wait and see. Bonds may be one of the factors -we could be at a support level on Bonds and see a bounce. If it falls further,we could see a quick rise in interest rates.

Implied Volatility has been very low for some time now, possibly indicating an upcoming correction.

The Euro and other currencies dropped this week as the Dollar rallied.
WMT dropped after reporting earnings. HPQ was up a bit, as was DE
We've seen a nice run with some of the Banks since Feburary (GS, MS, etc)

New all time highs:     AET, CTRP, CI, DGX, DLPH, EXPE, ESRX, INTU, PANW, SWKS, SHAK, VRX
All time lows:  WIN
Pops      ,      Drops:   LL
Mergers/Deals:  

Next week:  Economic reports,   

Earnings:      AZO, ANF, GME, DECK, KORS, TIF, COST, PANW

This week's charts:

S&P 500 -holding on to the highs!
10yr Interest Rates -rising
Labor Force Participation Rate (10 year chart)

Commodities/Futures (charts):

Natural Gas was down a bit, closing at $2.88

Crude Oil was mostly unchanged, closing near $59.89

Gold was up a bit, closing near $1223 -finally above $1205

The 30 year Bond was down a bit, closing near 154.03

The US Dollar was up, closing at 96.25 -heading back up?

NEWS:

Stocks End Quiet Week on Flat Note
Why record highs have one mega-bull worried
This simple math points to Dow 21,700: Analyst
Signs this bull market is running out of steam
7 stocks are like giant piggy banks

What to Make of the Topsy-Turvy Bond Market
Our $58 trillion love affair with debt, in one crazy chart
The U.S. Is About to Change the Way It Calculates GDP
Four cancer charities charged for scamming donors out of $187 million

5 Mind Blowing Facts About Your Smartphone!

Stock Market update -May 17th

The S&P500 closed at another all time high again this week, while the Russell 2000 continues to lag behind. Bonds continued to drop, but Gold was up and Oil held its ground. The Dollar continued its slide.

The S&P500 could break out higher from this level, dragging the other indices up with it. Only time will tell, but right now there is no bearish indicator on the S&P500 chart.

AOL popped on a buyout announcement

New all time highs:     ABT, AET, AMBA, ATVI, ACN, BX, DLPH, HON, NKE, MA, MDLZ, NFLX, V
All time lows:   
Pops      AOL,      Drops:    KSS, LOCO, RAX
Mergers/Deals:  AOL buyout

Next week:  Economic reports,   

Earnings:      BBY, CPB, CRM, DLTR, FL, HD, HPQ, L, TGT, WMT, 

This week's charts:

S&P 500 -another all time high!
10yr Interest Rates -rising
Labor Force Participation Rate (10 year chart)

Commodities/Futures (charts):

Natural Gas was up, closing at $3.01

Crude Oil was mostly unchanged, closing near $59.96

Gold was up a bit, closing near $1223 -finally above $1200

The 30 year Bond was down a bit, closing near 155.53

The US Dollar was down a bit, closing at 93.30 -heading back down...

NEWS:

Ray Dalio's Bridgewater: This is not a bubble
S&P 500 sets record despite weak data; Netflix leaps 4.5%
Markets may show if stocks ready to break out or just fake out
What Disney, Apple, and Facebook have in common
Gold logs 3% weekly gain, best since January

Stock Market update -May 10th

The market rallied on Friday after a better than expected monthly Jobs report (the unemployment rate now sits at 5.4%). The S&P500 could be heading for a new all time high again, but the Russell 2000 however is still weak. Bonds headed lower, while Oil continued to move a little higher.

Meanwhile the Greece saga continues...

New all time highs:    ATVI, DATA, EXPE, INTU, JPM, MA, V, MDLZ, 
All time lows:   WIN
Pops    AOL, BIIB    Drops:    GMCR, MNST, WFM
Mergers/Deals:  

Next week:  Economic reports,   

Earnings:     AMAT, CSCO, DISH, LOCO, M, MBLY, PBR, 

This week's charts:

S&P 500 -near an all time high
10yr Interest Rates -remaining low?
Labor Force Participation Rate (10 year chart)

Commodities/Futures (charts):

Natural Gas was up, closing at $2.86

Crude Oil was mostly unchanged, closing near $59.47

Gold was up a bit, closing near $1187 -struggling to get above $1200

The 30 year Bond was down a bit, closing near 156.12

The US Dollar was down a bit, closing at 94.90 -heading back down?

NEWS:

Stocks surge 1% as jobs data eases rate hike fears; Dow jumps 250 points
Stocks could rally next week
Oil top may be in, and it could get ugly: AnalysT -vid

IBM and Facebook in marketing partnership
Googling on mobile devices surpasses PCs in US for 1st time
The Chinese smartphone maker trying to convert Apple fans
Europe's back, baby. The perfect way to play it

Stock Market update -May 3rd

The market dropped, then rallied back on Friday. Bonds and the Dollar dropped, while Oil continued to rise. Gold closed below $1200 again. The GDP report was a very disappointing one.

AAPL earnings turned out to be a non-event.
HUM, TWTR, LNKD, NOK, and SSYS, dropped like a rock.

New all time highs:    
All time lows:   
Pops       Drops:    
Mergers/Deals:  

Next week:  Economic reports,   More earnings reports...  Monthly Jobs report on Friday

Earnings:     

M:  APC, CMCSA, INVN, L 

T:   ADM, DIS, DTV, EA, GRPN, HLF, MYL, ODP, S

W:  DDD, GMCR, MRO, MET, NUS, RIG, SODA, TRIP, TSLA, WEN WFM

T:   BABA, CYBR, DATA, JAZZ, PCLN

F:   AOL

This week's charts:

S&P 500 -more earnings next week...
10yr Interest Rates -remaining low?
Labor Force Participation Rate (10 year chart)

Commodities/Futures (charts):

Natural Gas was up, closing at $2.77

Crude Oil was up, closing near $59.10

Gold was up a bit, closing near $1183 -struggling to stay above $1200

The 30 year Bond dropped, closing near 157.50

The US Dollar was down a bit, closing at 95.40 -heading back down?

NEWS: