Stock Market update -Jan 24th

The markets plummeted earlier in the week, then reversed course on Wednesday, followed by a strong rally on Thursday, giving us the first positive week for the year! We'll how far it goes next week, as we get a barrage of earnings, as well as a Fed meeting and a number of other global events.

I think we could see a volatile year in stocks as Oil, Currencies, and debt/credit worries linger... there's a lot of debt out there!

Oil had a nice rally -right after the Jan futures contract expired! Coincidence?
AXP dropped after earnings

New all time highs:   -
All time lows:  
Pops:  USO        Drops:     AXP, IBM
Mergers/Deals:  

Next week:  Economic reports, Big Earnings week! Fed meeting...

Earnings:            

MON -HAL, MCD
TUE -DD, FCX, JNJ, MMM, PG, S, T -AAPL
WED -BA, UTX, QCOM  -FB
THU -AMGN, BMY, CELG, CAT, F, BABA, UA, V  -AMZN, MSFT
FRI -CL, CVX, MA

This week's charts:

... So we finally made it to the Aug low, and bounced ...
How high will it go? Maybe 38 - 50%... we'll see

S&P 500 -we bounced off 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 2.13 

Crude Oil dropped again, then bounced closing near 32.25 

Gold was mostly unchanged, closing near 1098

The 30 year Bond was up again, closing near 158.84

The US Dollar was up,  closing near 99.58

NEWS:

Earnings Preview:...
Oil's negative grip on stocks could be challenged
Alphabet Close to Overtaking Apple as Most Valuable Company
Facebook and Google Are Sucking Up Ad Dollars From Everyone Else...