Stock Market update -Aug 9th

The market dropped again this week. The big drop in AAPL contributed to the drop in the Nasdaq100. The Jobs report on Friday was pretty much as expected. Crude Oil continued to drop too.

Going forward, the DOW and Russell Small Caps look to be in a short term down trend, while the S&P and Nasdaq may well catch up and follow the same trend.

New all time highs:    Nothing?? Not a good sign!
All time lows:  TWTR  GRPN
Pops          Drops:    GMCR
Mergers/Deals:  

Next week:  Economic reports,   

Earnings:      
BABA, CSCO, Retailers 

This week's charts:

S&P 500 -topping?
CBOE VIX -holding the lows
10yr Interest Rates -rising?
Labor Force Participation Rate (10 year chart)

Commodities/Futures (charts):

Natural Gas dropped a bit, closing at $2.71

Crude Oil dropped again, closing near $46.77

Gold was down again, closing near $1095 -still below $1100!

The 30 year Bond was up again, closing near 156.46

The US Dollar was unchanged, closing at 97.34

NEWS:

Dow posts 7-day losing streak as oil declines; AmEx jumps
Stocks will be put to the test in week ahead
Chart: What's the real unemployment rate?

Apple puts big unveiling event on calendar: Report
We're 'losing' Apple: Technician
Tweet this: Twitter has lost nearly half its value in 4 months
Oil becoming a bit of a death spiral: Strategist