Stock Market update -Feb 5th

The market was down this week till we got a Trump rally on Friday, mostly from the Financials, after talk of reducing regulations. AAPL had a nice earnings pop early in the week, even after the big recent run higher. Friday's Jobs report was better than expected.

Looking at the big picture, we continue to trade in a range, lingering around all-time highs. More earnings next week!

AAPL popped on earnings
AMZN, GPRO, UPS. UA dropped


We are now FINALLY over the  $20 Trillion debt level! See Debt Clock on the left... 



This week...


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




All time lows:   
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...
Earnings:      
Mon  
Tue     BP, GM, GILD
Wed   DIS, PNRA, WFM
Thu    NVDA,TWTR
Fri    

This week's charts:


VIX still scraping the bottom...


Links...
S&P 500 - post election rally resumed!
Gold was up, closing near 1221
The 30 year Bond was unchanged,  closing near 150.46
The US Dollar was lower, closing near 99.70

NEWS:





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