Stock Market update: December 2016

Stock Market update -Dec 18th

The rally stalled this week after the Fed Interest rate announcement. Maybe we consolidate, then move higher for a year-end rally, or maybe not -we'll see. The bias is to the up-side. Bonds and Gold continued to drop. FB & AMZN continue to be rangebound since the election. NVDA powers higher!

We are now heading to $20 Trillion in debt! See Debt Clock on the left...

New all time highs: ALL, ADP, NVDA, MAR, PNC, PGR, SYY, UNH

All time lows: FIT
Mergers/Deals:

Options watch: Implied Volatility somewhat elevated... 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 -rising...

Next week: Economic reports,

Earnings:

This week's charts:

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

Finally?

Links...

S&P 500 - post election rally pulled back a bit

10yr Interest Rates -rising!

Labor Force Participation Rate (10 year chart) -falling

Fear & Greed Index

ETFs - Ranked by YTD Percent Change

Commodities/Futures (charts):

Natural Gas was up, closing near 3.43

Crude Oil was mostly unchanged, closing near 52.03

Gold dropped again, closing near 1137

The 30 year Bond dropped some more, closing near 147.78

The US Dollar was up, closing near 102.81

NEWS:

Don't worry about stocks in the week ahead, but soon ...

Fed Hikes, Sees 3 More In 2017 - A Year Ago It Saw 4 In 2016
Samsung Will Be Apple's Top Supplier For iPhones Again In 2017

Japan tops China as No. 1 holder of USA bonds
As China Liquidates US Treasuries, It is "Gobbling" Up Japanese Government Bonds

Stock Market update -Dec 11th

The market recovered from the small prior week pullback, to set new all-time record highs again. Bonds continue to sink. Next week we get the final Fed meeting for the year, where rates are expected to be raised by .25 -barring any surprises, it should have little impact on equity markets. We could see more movement in Bonds though, which have been very oversold.

We are now heading to $20 Trillion in debt! See Debt Clock on the left...

Pops: AVGO, LULU, PLAY,
Drops: RH,

New all time highs: AVGO, DFS, DOW, MSFT, SYY, WEN, UPS, UAL, and lots more

All time lows: FIT

Mergers/Deals:

Options watch: Implied Volatility somewhat elevated... 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 -rising...

Next week: Economic reports, FED MEETING, Options expiration/Triple witch & end of the Quarter

Earnings: ADBE, ORCL

This week's charts:

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

Links...

S&P 500 - post election rally continues

10yr Interest Rates -still rising!

Labor Force Participation Rate (10 year chart) -falling

Fear & Greed Index

ETFs - Ranked by YTD Percent Change

Commodities/Futures (charts):

Natural Gas was up a bit, closing near 3.75

Crude Oil was mostly flat, closing near 51.50

Gold dropped, closing near 1162

The 30 year Bond dropped some more, closing near 149.87

The US Dollar was up a bit, closing near 101.61

NEWS:

Stock Market update -Dec 4th

We got a pullback this week from the Trump rally. Oil rallied after the OPEC meeting, while Bonds continued to drop, indicating higher interest rates.

Next week the Italian referendum could affect markets.

We are now heading to $20 Trillion in debt! See Debt Clock on the left...