Stock Market update: Stock Market update -Aug 7th

The market rallied to a new all time high on a good Jobs number on Friday, with 255,000 new jobs added (S&P 500). Financials rallied too, with the increased expectation for a rate hike. Implied Volatility is at a very low level, and Bollinger Bands suggest an upcoming breakout move -we'll only know the direction after it happens though! But this rally is long in the tooth... Bonds and Gold dropped.

Market worries... Japan, GB/Brexit, Italian banks, DB, Europe, Turkey...

BMY dropped, while MRK popped on news.
PCLN popped on earnings, closing at 1414 on Friday!
FEYE, TRIP dropped on earnings.

New all time highs: AVGO, BLL, HPE, MNST, NVDA, TTWO,
All time lows:
Mergers/Deals:

Options watch:   Implied Volatility at extreme lows... except for stocks reporting earnings!
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, More earnings,

Earnings: DIS

This week's charts: