Stock Market update -May 1st

The market dropped a bit after disappointing earnings from AAPL and others, and big moves in the Dollar and the Yen. On the positive side, AMZN and FB reported great earnings. On Friday we get the monthly Jobs report. Also keep an eye on things in Japan with currency issues, and Puerto Rico's debt default. The GDP figure came in pretty week, but no one seemed to notice, or care!

New all time highs:  None! Many of the gold stocks are hitting 52 week highs though...
All time lows:  ...
Pops:   AMZN, FB     Drops:    AAPL, 
Mergers/Deals:  
Comcast to Buy DreamWorks for $3.8 Billion
Abbott Labs buys St. Jude Medical

Next week:  Economic reports,   

Earnings:         

MON:  

TUE:  PFE, 

WED:  TSLA

THU:  BABA, CHK, MRK

FRI:  

This week's charts:

Maybe that was the top...

Will AAPL fall thru support??

Links...

S&P 500 -rally sputtering...

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

Commodities/Futures (charts):

Natural Gas was almost flat, closing near 2.14

Crude Oil was up again, closing near 45.99

Gold took off, closing near 1295

The 30 year Bond reversed course and was up, closing near 163.12

The US Dollar really dropped,  closing near 93.02

The Yen reversed back up!

NEWS:

Week in Review: Apple Becomes a Drag on Wall Street
Dollar set for worst week against yen since 2008

This Won't End Well
Facebook is the new Google

Facebook flies after pulverizing earnings expectations
Amazon Gets a Standing Ovation for its First-Quarter Performance
Chipotle Just Reported The Worst Quarter In Its History, but It Could Have Been Worse

Intel exits the smartphone & tablet market...
Microsoft Mobile Office App Usage Crushed by Google
Billionaire Icahn Exits Apple Stake After Three Years