Stock Market update -Dec 27th

The market clawed its way back up this week to recoup some of the losses from the prior week, but the overall trend since early November still remains to the down-side. With another short trading week coming, along with light volume, I don't expect anything to change. We'll see what next year brings as earnings reports kick off in January.

Gas prices dropped below $2 per gallon, even with Oil making a slight rebound. We have yet to see the fallout from lost jobs and bankruptcies in the energy space.

HAPPY NEW YEAR!

New all time highs:  KR, MCD, 

All time lows:  
Pops:          Drops:     
Mergers/Deals:  

Next week:  Economic reports, End of the year!

Earnings:            

This week's charts:

... 2015 performance ...

S&P 500 -downtrending?

CBOE VIX 
10yr Interest Rates -
Labor Force Participation Rate (10 year chart)
Fear & Greed Index

Commodities/Futures (charts):

Natural Gas was up, closing near 2.04 -nice rally

Crude Oil rallied, closing near 38.12 -nice rally this week

Gold was up, closing near 1075

The 30 year Bond was down a bit, closing near 155.06

The US Dollar was down a bit,  closing near 98.04

NEWS:

Stocks close mixed, post best week since November
It’s time to take money off the table: Louise Yamada
Economy not ‘normal’ despite steady progress in 2015
Why YouTube Is Twice as Valuable as Netflix
Facebook, Google apps reign over 2015
Google Partners With Ford To Build Autonomous Cars

4 Stocks to Buy (and What to Sell) to Outperform the Market in 2016
'Star Wars: The Force Awakens' makes $1 billion in a record 12 days
Jim Cramer -- Nike Is a Victim of Its Success
Man who called Apple’s fall now sees this

Stock Market update -Dec 20th

The market rallied ahead of the Fed meeting on Wednesday, then gave it all back on Thursday and Friday, dropping back below last Friday's low, as well as the mid-November lows. We continue to be in a slow downtrend since the big October rally.

Oil prices continue to drop, affecting markets worldwide.

New all time highs:  CUBE, 

All time lows:  KMI & lots of energy names..
Pops:          Drops:     
Mergers/Deals:  

Next week:  Economic reports,
Earnings:            

This week's charts:

...

S&P 500 -going lower still?

CBOE VIX 
10yr Interest Rates -
Labor Force Participation Rate (10 year chart)
Fear & Greed Index

Commodities/Futures (charts):

Natural Gas was down, closing near 1.76 -holding near all time lows!

Crude Oil dropped, closing near 34.73 -it's now well below $40!

Gold was down, closing near 1065  

The 30 year Bond was down a bit, closing near 156.37

The US Dollar was up,  closing near 98.72

NEWS:

Dow drops more than 350, stocks lower for week as oil slides
Global stocks fall on global growth worries, dollar slips
Oil at multi-year lows, precious metals firm after Fed hike

'Star Wars' blows past records, hauls in $250 million domestic, $517M global

Here's what's so troubling about Apple: Technician
Apple's Tim Cook calls tax criticism 'political crap' on '60 Minutes'
Cramer: Apple has taken a beating. Still worth it?
Cramer: Be skeptical of any upward market moves
The Fed hike will hit these two currencies

Stock Market update -Dec 13th

The market gave up some ground this week and fell below the mid-November lows -not a good sign . Looks like we could be closing out the year with zero gains, though the Fed announcement next week could change that -the chart action doesn't look good though. We've struggled all year but made no gains so far. Bonds were up a bit sending rates lower!

Oil fell to a 7 year low, helping to send equity markets lower too. Natural Gas also hitting lows!

New Highs/New Lows -dropping below Zero this year!

New all time highs:  ADBE?, SWHC, 

All time lows:  lots of energy names..
Pops:          Drops:     
Mergers/Deals:  Dow Chemical and DuPont announced a merger.

Next week:  Economic reports, Watch for the big Fed Interest Rate announcement on Wednesday!
Earnings:            

This week's charts:

A tale of 2 stocks! AMZN vs WMT

Junk Bonds

...

S&P 500 -going lower still?

CBOE VIX 
10yr Interest Rates -falling!
Labor Force Participation Rate (10 year chart)
Fear & Greed Index

Commodities/Futures (charts):

Natural Gas was down, closing near 1.98 -near all time lows!

Crude Oil dropped, closing near 35.36 -it's now well below $40!

Gold was down, closing near 1073  

The 30 year Bond was up, closing near 157.43 

The US Dollar dropped,  closing near 97.57

Does this tell us something??

NEWS:

Dow closes down about 300, S&P off nearly 2% as oil slumps
Claims rise to 5-month high, trend still favorable ...(unemployment)
The Next Leg Of The Junk Bond Crisis: Third Avenue "Focused Credit Fund" Liquidates, Gates Redemptions
Third Avenue junk fund blowup exposes risks of unsellable assets

Walmart Pay Takes on Apple, Google
Facebook ready to tackle the workplace
Yahoo reverses course on plan to spin off Alibaba stake
Three huge challenges facing Apple in 2016
Robot surgery: Google's Verily to give doctors superhuman precision

Stock Market update -Dec 6th

The market was down this week, but recovered everything with a big rally on Friday. Seems like traders liked the Jobs report, and maybe the ECB action too. The Dollar dropped, along with Bonds (and Oil, on OPEC). Gold rallied, as did the Euro, catching traders off guard. This has been a very difficult and unpredictable market to trade.

Don't be surprised to see the market rally above 2100 on the S&p500 into the year end. The Small-caps probably have the most to gain if there is a rally. Gold & miners (GDX, GDXJ) seem to be in rally mode for now too.

New all time highs:  KR, LUV, MCD, TSN, ULTA, COST, CH, XRAY, ALK, ADSK, NTES, CLX, HRL...  
All time lows:  GPRO, FEYE, DYN, KMI, NRG, SDRL, 
Pops:          Drops:     
Mergers/Deals:  

Next week:  Economic reports,
Earnings:    ADBE, TOL,          

This week's charts:

...

S&P 500 -heading back up to 2100?

CBOE VIX -falling
10yr Interest Rates -rising?
Labor Force Participation Rate (10 year chart)
Fear & Greed Index

Commodities/Futures (charts):

Natural Gas was down a bit, closing near 2.18 -near all time lows!

Crude Oil dropped, closing near 40.14 -heading below $40?

Gold was up, closing near 1085 -what happened to 1000! 

The 30 year Bond was down a bit, closing near 155.12 

The US Dollar dropped,  closing near 98.28

NEWS:

Stocks surge 2% to close higher for week after strong jobs, dovish Draghi (vid)
ECB disappoints markets with bare-minimum easing package
Google Adds 842 Megawatts of Green Energy to Power Data Centers
Mark Zuckerberg and Priscilla Chan to give away 99 percent of their Facebook stock, worth $45 billion