Stock Market update -Oct 16th

The market was down for the week, flirting with the Sep 9th lows in the S&P 500. Next week's earnings will probably provide more volatility... The S&P 500 has been unable to make new highs since August, with the 50MA now starting to slope downward. Lots of earnings from DOW companies next week, followed by big tech names the week after.

Bonds dropped...
The Euro, the Pound, and others dropped as the Dollar rallied
ULTA popped, ILMN, FTNT dropped



New all time highs:    
All time lows:  
Mergers/Deals:  

Options watch:   Implied Volatility now rising...  Link to high IVR stocks   
High volume:   SPY, IWM, QQQ, AAPL, FB, BAC, GLD, GDX, USO, VXX, XLF, FXI, EEM EWZ, XOP

Next week:  Economic reports,  
Earnings:      
M  -BAC, NFLX, IBM
T   -JNJ, GS, INTC
W -MS, AXP
T   -VZ, MSFT
F  -MCD, GE, HON

This week's charts:

NYSE still struggling to get back up to the 2015 highs


Links...
S&P 500 - uncertainty, where next?
Gold was unchanged, closing near 1251 -below 1300
The 30 year Bond was down, closing near 163.12
The US Dollar was up, closing near 98.08

NEWS:
Stocks close mostly higher amid Fed speak, bank earnings but fall for week
Emerging markets are crushing the S&P this year — here’s how to cash in now
Banks will soon be 'pure utilities,' analyst says
Apple’s doing something very rare and that could sent it to new highs
HP to cut 3,000 to 4,000 jobs

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