Stock Market update -Jun 5th

The market had lots of ups and downs, but ended pretty much unchanged for the week. Next week we have very little news events, so it could be a quiet week, or not!

The Jobs report was the worst in almost 6 years, with only 38000 new jobs vs. 160000 expected! Bonds and Gold rallied as a result. Stocks dropped, then rallied right back.

Options watch: Low VIX continues...
High IVR: MON, LULU (earnings)
High volume: AAPL, BAC, EWZ, FB, GLD, SPY, VXX


AMBA, AVGO KORS, GDX popped 
 ORCL dropped 
AMZN continued to hit new all time highs

New all time highs:  AVGO, AMT, BIG, CAG, CCI, DG, DLTR, DLR, DOC, JNJ, PCG, UNH, ULTA
All time lows:  
Mergers/Deals:  

Next week:  Economic reports,   
Earnings:      VRX, LULU

This week's charts:


How high can AMZN go?



AAPL seems to have lost its momentum...


Links...
S&P 500 -no trend
Gold popped, closing near 1246
The 30 year Bond popped, closing near 168.18
The US Dollar dropped, closing near 93.88

NEWS:
Stocks close slightly lower after jobs miss
Despite jobs bombshell, Fed could still hike rates in July
U.S. jobs growth in May was slowest in more than five years
Here’s the battleground for a new high in stocks
What it’ll take for the S&P 500 to scale the ‘great wall’ of 2,100

When Will The Recession Start: Deutsche Bank's Disturbing Answer
This Financial Bubble Is 8 Times Bigger Than The 2008 Subprime Crisis
Two more Twitter executives... are leaving the company
Costco Had No Comparable Store Sales Growth for the First Time in 6 Years

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