Stock Market update -Jul 10th

We got a positive surprise with the monthly Jobs number on Friday, and the market rallied some more. But so did Bonds -these normally move in opposite directions. The next few weeks will probably tell us where we go from here on a longer term basis -earnings, Brexit, Euro banks, Japan... For now, looks like we will take out the all time S&P500 highs this week or next.


Post Brexit, GOOGL recovered nicely, as did FB, AMZN,  and others
AMZN closed at  all time highs -so did Bonds! Stocks are almost there!

New all time highs:  AMZN, ATVI, CL, CMCSA, DLTR, EA, FIS,  HON, INTU, JNJ, LMT, LOW, MDT, MMM, NVDA, PM, ADP, PAYX, SYY, ULTA, and more...
All time lows:  
Pops:  ,    Drops -HUM
Mergers/Deals:  

Options watch:   Implied Volatility dropped again! 
High IVR:  FXE, FXY currencies!  GDX, SLV, MON, POT -materials, Financials, TBT, 
Also AMZN, CMG, STX, and more
High volume:   PFE, GE, VRX, FCX, NFLX, MSFT
SPY, IWM, QQQ, AAPL, FB, BAC, HYG, GLD, GDX, USO, VXX, XLF, FXI, EEM EWZ, XOP

Next week:  Economic reports,   Brexit fallout?  
Earnings:      JPM, C, WFC  -banks kick off earnings season

This week's charts:


10 year Bond keeps rising (and the 30yr too)
Spiked again this week -heading to 2012 level? it's almost there!
(which means even lower interest rates -dropping since 2014!)



After rising for several years...
The S&P500 hit a ceiling around 2100 for the past 18 months!
Maybe we'll  break out this week?

Links...
S&P 500 - big continuation of the reversal rally!
CBOE VIX -dropped again
10yr Interest Rates -even lower still! again...
ETFs - Ranked by YTD Percent Change

Natural Gas was down, closing near 2.81
Crude Oil dropped quite a bit, closing near 45.12
Gold was up again, closing near 1367
The 30 year Bond was up sharply again, closing near 177.09
The US Dollar was up, closing near 96.34

NEWS:
Dow closes up triple digits as stocks soar on jobs beat
S&P 500 Hovers at Records as Jobs Report Brings Economic Confidence
Payrolls in U.S. Rose 287,000 in June, Most in Eight Months
5 things you need to know for this earnings season
Growing Unease as British Mutual Funds Block the Exit Doors
Time To Take The Fed's Warning Seriously: CMBS Has "Greatest Ever Monthly Delinquency Increase"

Deutsche Bank or Dumb Bank?
These stocks could surge on earnings -vid
What to buy at market highs: 9 trades
Why Is Apple Slowing, And Samsung Sprinting?
Amazon close to topping Berkshire for fifth biggest U.S.-listed company by market cap.

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