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!
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

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