Stock Market update -Jan 17th

Stocks continued to drop for a second week, showing the worst performance ever in history for the start of a new year!



China's Haier buys GE's appliance unit for $5.4 billion
Microsoft finally kills support for Windows 8. It's the end of an error

INTC dropped after reporting earnings
Walmart to close 269 stores, shut down 'Express' format
Goldman Sachs Will Pay $5 Billion To Settle Financial-Crisis Claims
GoPro shares hit all-time low
Arch Coal files for bankruptcy, hit by mining downturn

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

Next week:  Economic reports, First big week of Earnings!

Earnings:            

MON -
TUE -BAC, IBM, MS, NFLX, UNH
WED -GS
THU -AXP, ISRG, LUV, SBUX, TRV, VZ
FRI -GE

This week's charts:

S&P 500 -heading for the August low?

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

Commodities/Futures (charts):

Natural Gas was down, closing near 2.09 

Crude Oil dropped again, closing near 29.70 -now below $30!

Gold dropped, closing near 1088

The 30 year Bond was up again, closing near 159.15

The US Dollar was up a bit,  closing near 98.98

How the animals you eat get fat

NEWS:

Stocks close down 2% after hitting a near 15-month low on oil rout
These are risks for markets in week ahead
Here's why we haven't hit a bottom yet
Bear market is here—expect another 15% plunge: Technician
A recession worse than 2008 is coming
Mutual funds riskier than ETFs: BlackRock CEO Fink

Cramer: Don't bother buying. It's capital preservation time
Cramer: Market oversold—start picking these stocks
Cramer: How I knew to buy before the big rebound
Cramer: Mea culpa! I was wrong on these 2 stocks