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!
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


No comments: