Stock Market update -Nov 6th

The market contilued the slow selloff this week, ahead of the elections. We'll know next week after the elections, where the market might be headed next. For Options traders, look for a collapse in Implied Volatility after the elections.

Bonds and Gold rallied... Oil dropped
FB dipped on earnings...



New all time highs:  AGO, HRS, UBNT  
All time lows:  
Mergers/Deals:  

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

Next week:  Economic reports,  Elections!   More earnings
Earnings:     NVDA 

This week's charts:


Is that a Double-Top in the Small-caps? (3yr view)


NYSE never got back up to the 2015 highs, unlike the other indexes

Links...
S&P 500 - trending down
Gold was up, closing near 1305 -now above 1300
The 30 year Bond was up, closing near 163.53
The US Dollar was down, closing near 96.94

NEWS:
Closing Bell Exchange: Market just waiting for election
Pisani: Russell 2000 down over 10% from historic highs
There’s something strange about the stock market’s long losing streak

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