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.


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:   

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

S&P 500 - small pullback so far...
Gold was up, closing near 1228
The 30 year Bond was up,  closing near 148.50
The US Dollar dropped, closing near 100.14

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