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