Stock Market update -Jun 12th


The market was rising for the week, then dropped on Friday. Next week we get the Fed decision on interest rates, a potential market mover. Volatility is starting to increase as a result, and also from things like Brexit, currency volatility, and an increase in negative Bond yields globally.  US Bonds rallied this week (pushing rates down), and Gold rallied as well. The VIX had a big move up for the first time in a long time, so be careful.

PAY tanked on earnings...
VRX continues to drop

Options watch: VIX jumped this week...
High IVR:  FXE, FXY currencies!  GDX, MON, POT -materials NKE ORCL (earnings), TBT
High volume:  SPY, AAPL, FB, BAC, EEM EWZ, GLD, USO, VXX


New all time highs:  AMT, ED, GIS, HON, JNJ, K, PCG, SJM, TAP, XEL  -not the list you would expect!
All time lows:  CS, RH
RH, PAY dropped 
Mergers/Deals:  

Next week:  Economic reports,   Fed meeting on Interest rates
Earnings:      CTRP, ORCL

This week's charts:


How high:  Auto parts... Really?



How high:  ULTA




Can IWM get through the 120 ceiling??

Links...
S&P 500 -maybe starting to turn down?
Gold was up, closing near 1276
The 30 year Bond was up, closing near 168.31
The US Dollar was up, closing near 94.61

NEWS: