Stock Market update -Mar 26th

We saw a bigger decline this week than we have had for some time now, which may be signaling that the market is out of steam for now. Financials are  lagging, while Utilities are up. Bonds & Gold rallied!

Pops:  MU
Drops:  GME, NKE, 

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

This week...

New all time highs:  AMT, CCL, HD, LRCX, MAR, PCG, RAI

All time lows:  FIT, FTR 

Mergers/Deals:   

Options watch:   S&P 500 Implied Volatility rising... 
Link to high IVR stocks   
High Options volume:   SPY, IWM, QQQ, AAPL, FB, BAC, GLD, GDX, USO, VXX, XLF, FXI, EEM EWZ, XOP
CBOE VIX Volatility Index -still pretty low!

Next week:  Economic reports,  

Earnings:       

This week's charts:

VIX still near the bottom, but rising... 

Links...

S&P 500 - small pullback so far...

10yr Interest Rates 

Labor Force Participation Rate (10 year chart) 

Fear & Greed Index

ETFs - Ranked by YTD Percent Change

Commodities/Futures (charts):

Crude Oil was mostly unchanged, closing near 48.00

Gold was up again, closing near 1248

The 30 year Bond was up again,  closing near 151.18

The US Dollar dropped, closing near 99.30

NEWS:

Stocks wobble, finish mixed as GOP pulls plug on health bill
There could be a $3 trillion shift in investing, and it poses a huge problem for mutual funds
Some of the biggest tech stocks in the world have been outpaced by… Domino’s Pizza
Apple has acquired Workflow, a powerful automation tool for iPad and iPhone
Google braces for questions as more big-name firms pull adverts

Stock Market update -Mar 19th

The market was up a bit this week  after the Fed raised interest rates on Wednesday. Bonds actually rallied! As did Gold. Looking forward, we could see a double top form in the S&P 500 around 2400. Might be a quiet one next week. The small-cap IWM has been the market laggard, while the QQQ leads the way up.

Pops: ORCL, MBLY
Drops: 

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

This week...

AAPL and FB pinned at $140 on options expiration Friday...

New all time highs:  ADBE, ALL, FB, GOOGL, HD, ICE, MC, LMT, MMM, PM, PEP, RAI, V

All time lows:   

Mergers/Deals:   

Options watch:   S&P 500 Implied Volatility is still very low... 
Link to high IVR stocks   
High Options volume:   SPY, IWM, QQQ, AAPL, FB, BAC, GLD, GDX, USO, VXX, XLF, FXI, EEM EWZ, XOP
CBOE VIX Volatility Index -still scraping bottom!

Next week:  Economic reports,  

Earnings:       FDX, NKE, MU

This week's charts:

VIX still scraping the bottom... closed at 11.28, down a bit

Links...

S&P 500 - small pullback so far...

10yr Interest Rates 

Labor Force Participation Rate (10 year chart) 

Fear & Greed Index

ETFs - Ranked by YTD Percent Change

Commodities/Futures (charts):

Crude Oil was mostly unchanged, closing near 48.72

Gold was up, closing near 1228

The 30 year Bond was up,  closing near 148.50

The US Dollar dropped, closing near 100.14

NEWS:

Cramer's game plan: Here's the only thing that could really derail the bulls next week
Opinion: This is the most overvalued stock market on record — even worse than 1929
There could be a $3 trillion shift in investing, and it poses a huge problem for mutual funds
Tesla to raise $1 billion through stock and loan offerings
Apple: It’s No Longer About the iPhone

Stock Market update -Mar 12th

The market pulled back a bit this week after a long run! We have Options expiration next Friday for the month and for the quarter. Also coming up next Wednesday is the much anticipated Fed meeting, where the Fed is expected to raise interest rates. We saw a big drop in Oil prices this week, lower Gold prices, and slightly higher interest rates (Bonds down).

The S&P 500 closed out the week up 250% higher from the bottom of the financial crisis in March of 2009 (around 666)!

Pops/Drops:

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

This week...

New all time highs:  ATVI, AMGN, AVGO, ADBE, BAX, FB, ICE, INCY, JNJ, LRCX, MMM, PM, V, ULTA, UNH, and more...

All time lows:   

Mergers/Deals:   

Options watch:   S&P 500 Implied Volatility is still very low... 
Link to high IVR stocks   
High Options volume:   SPY, IWM, QQQ, AAPL, FB, BAC, GLD, GDX, USO, VXX, XLF, FXI, EEM EWZ, XOP
CBOE VIX Volatility Index -still scraping bottom!

Next week:  Economic reports,  Fed meeting Wednesday, 3x Options expration Friday

Earnings:       ADBE, DG, ORCL, TIF, 

This week's charts:

VIX still scraping the bottom... closed at 11.66, up a bit

AAPL is now past its 2015 all-time highs... will it hold?

Links...

S&P 500 - small pullback so far...

10yr Interest Rates 

Labor Force Participation Rate (10 year chart) 

Fear & Greed Index

ETFs - Ranked by YTD Percent Change

Commodities/Futures (charts):

Crude Oil dropped , closing near 48.12

Gold dropped, closing near 1204

The 30 year Bond dropped,  closing near 146.90

The US Dollar was up a bit, closing near 101.31

NEWS:

S&P and Nasdaq snap 6-week win streak; Street looks ahead to Fed meeting
Art Cashin warns that there’s something ‘disturbing’ happening in the market
The No. 1 stock of the bull market... and 39 others that soared 1,000%
YouTube’s streaming TV service is called YouTube TV, costs $35 per month
YouTube says its audience now watches over 1 billion hours of video content per day
Microsoft Pledges to Use ARM Server Chips, Threatening Intel's Dominance

Oil prices sink below $50 for 1st time this year
Brazil tumbles deeper into its worst ever depression