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:

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