Stock Market update Aug 23rd

Ugly day on Friday! This was the worst week we've seen in the market in years, going back to 2011, with the DOW losing over 1000 points. The indexes lost over 5% this week. We also saw big moves in Currencies and Gold. Until this week's huge drop, the S&P 500 had been moving sideways for the year.

We saw big drops in AAPL, DIS, and others.

Outlook? We could see a bigger correction, maybe down to  the October low -barring the government stepping in again to prop up the market like it has in the past.

Markets as of Sunday night... the selloff continues!

New all time highs:    None of any significance!
All time lows:    BABA, TWTR, LINE, LOCO, TFM
Pops          Drops:      AAPL, DIS, DE, FB,  ROST, TFM, WMT  
Mergers/Deals:  

Next week:  Economic reports,   GDP report

Earnings:      ANF, BBY, DG, TOL

This week's charts:

S&P 500 -topped! 

CBOE VIX -moving up
10yr Interest Rates -dropping!
Labor Force Participation Rate (10 year chart)

Commodities/Futures (charts):

Natural Gas dropped a bit, closing at $2.68

Crude Oil dropped again, closing near $40.29

Gold rallied, closing near $1159 -holding above $1100!

The 30 year Bond was up again, closing near 160.72 -could be going to 165!

The US Dollar was down, closing at 95.00

NEWS:

Dow, Nasdaq plunge 3% into correction
U.S. Stock Plunge Picks Up Speed
Get ready: A correction is coming
Markets are in a technical mess
Apple enters bear territory; tech stocks crushed
Google's Alphabet move was brilliant

Gold shining as markets tumble

Chinese market mirroring 1929 crash: Analyst

Brazil is in crisis ahead of 2016 Olympics in Rio