Stock Market update -Jan 22nd

The S&P500 was flat for yet another week, while the Nasdaq 100 continued higher, and the small-cap IWM continued lower. Bonds were lower as well.

AAPL closed at 120 on the Option Leap expiration Friday! Pinned...

We are now heading to $20 Trillion in debt! See Debt Clock on the left... let's see if we get there before the new president takes office!  Didn't make it, but we're almost there...


This week...


It's anyone's guess as to what 2017 will bring, but here is a chart that shows the past 5 years...



NFLX, PG, SWKS,  popped
TGT dropped

New all time highs:  AVGO, ALL, BA, DE, CMCSA, LRCX, MA, RAI, SHOP
All time lows:   FIT
Mergers/Deals:   

Options watch:   S&P 500 Implied Volatility is still very low...  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 -scraping bottom!

Next week:  Economic reports,  
Earnings:      
Mon  MCD, HAL, YHOO
Tue   BABA, JNJ, LMT, MMM, TXN, VZ
Wed  BA, CTXS, LRCX, QCOM, T
Thu  BMY, BIIB, CELG, GOOGL, F, INTC, MSFT, JNPR, SBUX, VMW
Fri    CVX, HON

This week's charts:


VIX scraping the bottom again!



JPM vs Citigroup -15 years

Links...
S&P 500 - post election rally stalled?
Gold was up again, closing near 1210
The 30 year Bond was down,  closing near 150.62
The US Dollar was down, closing near 100.75

NEWS:
The week ahead in stocks
Apple sues Qualcomm for roughly $1 billion over royalties

Nokia's New Phone Sells Out in a Minute -- But What Does That Mean?
Report: Google wants to bring its dirt-cheap Android phones to the US
China Grows At Slowest Pace In 26 Years Despite Record Debt, Currency Devaluation

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