Stock Market update -Feb 28th

The rally continued this week, putting us now at a prior resistance level, so we'll have to see if it breaks through or turns back down.

We got a nice bounce in Gold equities, as well as some commodities. Natural Gas is flirting with the lows. Bonds dropped a bit. Some more earnings next week, and we have the Jobs report on Friday which could move markets...


New all time highs:    CBP, EW, EL, DPZ, FISV, NDAQ, RSG, KMB,  
All time lows:  ...
Pops:   BIDU CRM JCP HLF    Drops:  WTW 
Mergers/Deals:   

Next week:  Economic reports, Monthly Jobs report on Friday
Earnings:            
MON - 
TUE - DLTR
WED -COST
THU -AMBA
FRI -SPLS

This week's charts:


S&P 500 -will this bounce hold?
Gold dropped a bit, closing near 1220
The 30 year Bond dropped a bit, closing near 165.62
The US Dollar was up again,  closing near 98.13

NEWS:
Stocks end mixed but higher for week; transports post 6-week win streak
Stuff Keeps Getting Cheaper

This is why Apple is at war with the feds
Apple is done, say teens
Trade of Decade or Value Trap? Emerging Markets Debate Heats Up

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Stock Market update -Feb 21st

We finally got a nice bounce in the market this week. Lets see if it will hold. The short-term chart shows us to be in a down-trend, so this may just be a temporary bounce. Crude Oil rallied, while Bonds dropped a bit.


New all time highs:    HON, RSG, SYY, TSN, 
All time lows:  ...
Pops:        Drops:   
Mergers/Deals:   

Next week:  Economic reports, More Earnings next week -Retailers... 
Earnings:            
MON - AGN
TUE -DLTR, HD, M, ODP
WED -HPQ, LOW, CRM, TGT
THU -BBY, BIDU, DPZ, GG, PANW
FRI -FL
This week's charts:



Stock Indexes 15 years -Barchart.comSectors 15 years -Barchart.com


S&P 500 -will this bounce hold?
Gold dropped a bit, closing near 1226
The 30 year Bond was mostly unchanged, closing near 166.62
The US Dollar was up,  closing near 96.60

NEWS:
U.S. stocks post best weekly gains of 2016
The worst quarter for earnings since 2009
Cramer game plan: Retail earnings ready to run
Prepare For Financial and Economic Crisis, Expected to Last Until 2020

Apple to issue $10 billion to $12 billion of bonds to finance share buybacks, dividends
Apple Analysis (Video)
Tough times at Walmart

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Stock Market update -Feb 14th

Stocks dropped then regained some ground on Friday. Maybe we'll get some temporary relief from the selling next week. On Thursday the S&P 500 dropped for a third time to the Aug lows, followed by a big rally on Friday. This could produce a nice bounce once again from these lows, keeping in mind that we are still in an overall down-trend. 

Markets are closed on Monday. It's also Options expiration week for February.


Nikkei down 11% this week
SCTY plunged, BA also dropped
CSCO and GRPN rallied, as did Gold and Gold Miners
Biggest gain in Gold in several years

New all time highs:   HRL, K 
All time lows:  DYN, FEYE, NMBL, 
Pops:   GLD, GOLD     Drops:   
Mergers/Deals:  

Next week:  Economic reports, More Earnings next week... Options Expiration on Friday
Earnings:            
MON - 
TUE -
WED -NEM
THU -WMT
FRI -

This week's charts:


S&P 500 -bounce?
Gold rallied again, closing near 1238
The 30 year Bond was up yet again, closing near 166.5
The US Dollar dropped,  closing near 95.98

NEWS:
Week ahead could decide whether that was the bottom
Recession might be in the cards, if history's a guide: Analyst
This is the biggest thing scaring markets

$12.3 trillion of QE has added up to...this?
Negative creep: The negative-rates club is growing. But there is a limit to how low rates can go

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Stock Market update -Feb 7th

The market seemed to reverse course again this week, with some of the big tech names getting hit pretty hard. Weak employment numbers on Friday didn't help. Gold rallied strong this week, while Bonds were also up.

We could see the SPY reach down to the Jan/Aug lows again, though there doesn't seem to be much bad news out there. Maybe some Europe or Japan news? A bounce would be nice though...


FB dropped, after the big earnings rally last week!
GOOGL rallied on earnings too, but then gave it all back!
AMZN dropped further, as did GPRO, and CRM, and COP
NFLX closed below the Aug low!
LNKD tanked after reporting earnings, as did DATA

New all time highs:   EW, TSN, 
All time lows:  DATA, FEYE, NWSA
Pops:        Drops:   DATA, LNKD
Mergers/Deals:  

Next week:  Economic reports, More Earnings next week... Fed testimony next week also...
Earnings:            
MON - 
TUE -CVS, DIS, KO, PNRA
WED -CSCO, TWTR
THU -ATVI, PEP, TSLA
FRI -
This week's charts:


S&P 500 -next move???
Gold rallied again, closing near 1157
The 30 year Bond was up yet again, again, closing near 163.25
The US Dollar dropped,  closing near 97.05

NEWS:
Friday: Nasdaq sheds 3% amid massive tech sell-off
Investors dump stocks, scoop up bonds for 5th straight week
Why the rout could continue in the week ahead
America's earnings recession deepens

De-FANGed: These stocks are in free fall
Google, the World's Most Valuable Company, Seeks Cloud Dominance
Public Housing Getting Google Fiber for Free
APPLE: THE WORST-CASE SCENARIO — 2016
Apple's Arrogance Exposed As Controversial Error 53 Bricks iPhones
Forget Apple vs. Samsung. There's no stopping China in the smartphone war

Rising U.S. layoffs hint at ebbing labor market momentum
Citi: World economy seems trapped in 'death spiral'
Is It Time To Panic About Deutsche Bank?
China FX reserves fall almost $100B to lowest since May 2012
Venezuela flirts with default, could be worse than Argentina

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