Stock Market update -Aug 14th

The market was more or less flat this week, having hit new all time highs in all three major indexes. Gold sold off on Friday.


NVDA popped on earnings. M, JWN and others also popped, pushing up XRT... 

New all time highs:  ACIA, AVGO, CL, LMT, NVDA, ROST, RTN, TSN, ULTA
All time lows:  
Mergers/Deals:  Randstad buys Monster, Walmart buys Jet.com

Options watch:   Implied Volatility still at extreme lows... 
High IVR link  Also companies reporting earnings 
High volume:   SPY, IWM, QQQ, AAPL, FB, BAC, HYG, GLD, GDX, USO, VXX, XLF, FXI, EEM EWZ, XOP

Next week:  Economic reports,   Monthly Options expiration on Friday...
Earnings:      HPQ, HD, LOW, TGT, CSCO, WMT


This week's charts:


NASDAQ -16 years to get back to even!


The S&P 500 got there a long time ago...


NYSE still struggling to get to the 2015 highs


Links...
S&P 500 - new all time high!
Gold was unchanged, closing near 1341
The 30 year Bond was up, closing near 173.06
The US Dollar was down a bit, closing near 95.67

NEWS:
Stocks close mostly lower; Nasdaq posts longest weekly win streak since 2012
U.S. stocks post modest weekly gains; Nasdaq hits record
Central banks are printing money as though the global economy is in freefall

Macy's is shutting down 100 stores...
Android dominates in India with 97% market share
Amazon's 'Prime Air' Boeing 767 Takes Its Maiden Flight
Randstad buys Monster for $429M as recruitment consolidation continues
As of today, we have used up all the Earth’s resources for 2016

No comments: