Stock Market update -Mar 27th

The market took a breather this week after the recent huge rally. Next week we have the Fed on Tuesday, and the monthly Jobs report on Friday. I expect we'll rally or hold at these levels through the end of the quarter.



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

Next week:  Economic reports,  Monthly Jobs report on Friday 

Earnings:        

This week's charts:

Another casualty in the Energy space (LINE)...

Links...
S&P 500 -powerful rally!

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

Commodities/Futures (charts):

Natural Gas was down a bit, closing near 1.81

Crude Oil was up and back down, closing near 39.59

Gold dropped, closing near 1216

The 30 year Bond dropped a bit, closing near 163.03

The US Dollar was up,  closing near 96.16

NEWS:

BofA warns 'profit recession' will hurt rally
The dollar is back in the driver's seat
The nagging problem with the stock market’s rebound
The market is about to lose its leader: Traders
iPhone SE review: today’s tech, yesterday’s design
Legendary former Intel CEO Andy Grove is dead at 79

Stock Market update -Mar 20th

Stocks rose for a 5th week, bringing some indexes back to breakeven or better for the year. As I mentioned last week, this rally could continue into the end of this 1st quarter -then we get earnings. If previous rallies are any indication (last October looks identical), we could see the market roll over again.  You Are Here

The Dollar dropped, and Commodities rallied as a result.

FDX, ADBE, and ORCL popped on earnings

New all time highs:   ADBE, AEP, AVGO, ED, HPE, HON, ROST, SYY, TJX, UNH, XEL  and more...
All time lows:  ...
Pops:   TFM, FDX    Drops:  VRX 
Mergers/Deals:  
Apollo Buys The Fresh Market in a $1.3 Billion Cash Tender Offer 
Chinese firm snatches Starwood from Marriott

Next week:  Economic reports,  Short trading week (Good Friday)

Earnings:      NKE reports on Tue  

This week's charts:

Valeant train wreck...

Links...
S&P 500 -powerful rally!

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

Commodities/Futures (charts):

Natural Gas was up a bit, closing near 1.89

Crude Oil was up again, closing near 39.35

Gold was up a bit, closing near 1256

The 30 year Bond was up, closing near 163.21

The US Dollar dropped again,  closing near 95.07

NEWS:

Dow, S&P end green for 2016 as health care, financials lead

S&P 500 Turns Positive Amid A Renewed Rally By Stock Mutual Funds

Think the rally will last? Don’t hold your breath

Eyes on the dollar with stocks out of the hole

Profit Margins Tumble To Lowest In Four Years... And It's Not Just Oil's Fault
"Nobody Is Making Money" - Hedge Fund "VIP Basket" Obliterated, Plunges To Record Low

Nike just brought 'Back to the Future' into reality

What to expect at Monday's Apple event
Apple Needs a New Reason for You to Buy an iPad

Apple signs up to Google Cloud services

Moody’s: Pension Funding Likely to Get Worse Before It Gets Better

Stock Market update -Mar 13th

The market rallied on Friday, taking out the high from the previous week, with the SPX closing over 2000. Oil continued to rise. Bonds dropped. Gold dropped on Friday.

Looks like this rally could continue a while longer into the end of the quarter, maybe up to around 2060 on the SPX.

New all time highs:    CPB, DG, GIS, HPE, NDAQ, PM, SMG, SYY, TSN, ULTA, XRAY
All time lows:  ...
Pops:       Drops:   
Mergers/Deals:   

Next week:  Economic reports,  Fed meeting, Options & Futures Expiration -3rd Qtr

Earnings:         ORCL on Tue   

This week's charts:

Links...
S&P 500 -powerful rally!

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

Commodities/Futures (charts):

Natural Gas was up, closing near 1.80

Crude Oil was up again, closing near 38.49

Gold dropped a bit, closing near 1251

The 30 year Bond dropped, closing near 161.03

The US Dollar dropped,  closing near 96.20

NEWS:

Stocks surge more than 1% to post 4-week win streak
We are Going Higher in the SP 500 Index (Video)
Market Preview, Big Week
Facebook Gearing up to Overtake Google in Video
Yahoo to slash jobs and close web properties in major turnaround plan
Stocks Make the Move: Hedging Strategies for Longs in E-minis, Crude Oil and Gold

Stock Market update -Mar 6th

The rally continued this week, blowing right past the 50MA, catching many bears by surprise! In my opinion though, the 'new all time high' list doesn't really show any of the true leaders, so we'll see how long it lasts. Options expiration in March could end up with the S&P 500 surprising everyone to the up-side, and with Bonds surprising to the down-side! No one knows, but being aware helps to position yourself...

Gold continued to rally, as did Oil. Bonds were down.
Gold equities in a 6 week rally (GDX, GDXJ, and individual stocks) -might be ready to take a break?

New all time highs:    GIS, NDAQ, NLSN, RAI, SWHC, SYY
All time lows:  ...
Pops:   CHK, HPE    Drops:   
Mergers/Deals:   

Next week:  Economic reports, 

Earnings:          DG, SHAK, LOCO  

This week's charts:

Links...
S&P 500 -powerful rally!

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

Commodities/Futures (charts):

Natural Gas dropped again, closing near 1.67

Crude Oil was up again, closing near 36.33

Gold was up again, closing near 1260

The 30 year Bond dropped, closing near 162.37

The US Dollar mostly flat,  closing near 97.23

NEWS:

Dow closes at 2-month high after jobs
Saut: Look for stocks to march higher
Weekend Reading: Is The Bear Market Over Already?
Investing like a billionaire has never been easier — or harder
Cramer: Untangling the IRA, 401(k) Roth mystery
Cramer: What made the bulls run like crazy

Facebook now among the top 20 most widely held stocks
Apple's slide has already begun
Sports Authority is bankrupt and closing 140 stores
Gold rebounds on weaker equities, shrugs off U.S. data
Gold futures just marked the best start to a calendar year—ever
BlackRock Suspends ETF Issuance Due To "Surging Demand For Gold"
China tries to reassure on economy, cuts growth target