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...


New all time highs:   AET/UNH, CC, CMCSA, GD, UPS
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

Links...
S&P 500 - post election rally pulled back a bit
Gold was unchanged, closing near 1178 
The 30 year Bond dropped some more,  closing near 151.87
The US Dollar dropped a bit, closing near 100.72

NEWS:
Dow closes lower; S&P 500, Nasdaq inch higher after jobs report
Americans Not In The Labor Force Soar To Record 95.1 Million: Jump By 446,000 In One Month
Jobless rate fell to a nine-year low of 4.6 percent as the U.S. added 178,000 jobs in November
Random iPhone 6s shutdowns due to faulty battery component, Apple says
Starbucks’ CEO is Leaving; Investors are Right to Fret
Google proved that AI can reshape medicine
How Artificial Intelligence Is Making Nvidia CEO Jen-Hsun Huang Richer

Global Bonds Suffer Worst Monthly Meltdown as $1.7 Trillion Lost
Renzi Loses Italian Referendum By Wide Margin
Euro drops to 20-month low on Italian vote, Asian shares slip
Guess Who's the Most Profitable Android Smartphone Maker in the World?


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