Stock Market update -Apr 16th

The market continued to pull back this week from the early March highs, as Implied Volatility starts rising. Next week kicks off earnings season and could influence the market direction, along with current geopolitical events. If we don't bounce, we could see the S&P test the recent lows of just under 2300.

Pops:  
Drops:  

We surpassed the $20 Trillion debt level in February! See Debt Clock on the left... 



New all time highs:  CBOE
All time lows:   ...
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 

Next week:  Economic reports,  
Earnings:       
M  -NFLX, UAL
T   -BAC, GS, IBM, JNJ, UNH
W -AXP, CSX, MS, QCOM
T  -V, VZ
F  -GE

This week's charts:


VIX  rising... Link


Links...
S&P 500 - still in a downtrend...
Gold was up again, closing near 1290
The 30 year Bond was up again, closing near 153.87
The US Dollar was down, closing near 100.50

NEWS:


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Stock Market update -Apr 9th

The market was down a bit for the week, maintaining the small downtrend that started on March 1st. The disappointing Jobs report did't help any. Bonds continued in a small uptrend, as did Oil. Some of the big banks kick off earnings next week.

For traders in the Futures market, the VIX Futures at this low level might present some interesting trading opportunities.

Pops:  PNRA
Drops:  

We surpassed the $20 Trillion debt level in March! See Debt Clock on the left... 



New all time highs:  AMT, COL, CRUS, UL
All time lows:  GNC 
Mergers/Deals:   PNRA to be acquired and become private

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,  Easter weekend...
Earnings:       C, JPM, PNC, WFC

This week's charts:


VIX still near the bottom, but rising... Link


Links...
S&P 500 - small downtrend so far...
Gold was up, closing near 1256
The 30 year Bond was up, closing near 151.34
The US Dollar was up, closing near 101.11

NEWS:
U.S. Stocks Resilient in Week of Surprises as VIX Stays Quiet
A conflicted stock market faces moment of truth as earnings loom
Are We Flirting With Irrational Exuberance?
America’s Retailers Are Closing Stores Faster Than Ever
The Fed's new frontier: What happens, why it matters and what could go wrong
Will The Fed Dump Bonds In The Open Market? 

Android Overtakes Windows to Become World’s Most Popular OS in Terms of Internet Usage
YouTube TV Goes Live in Select U.S. Cities For $35 a Month
Samsung heads for best quarterly profit in over 3 yrs, up 48%
It's official: People like Microsoft's tablets better than the iPad
How Qualcomm Can Make Big Money From Cheap Phones

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Stock Market update -Apr 2nd

This week marked the end of the month, and the end of the 1st Quarter, with the stock indexes all showing small gains for the year (the Nasdaq though was up almost 10%!). Let's see what the 2nd quarter will bring, with earnings right around the corner.

Currently the SPX is in a small downtrend, but that could change this week if it tries to catch up with the Nasdaq. Of course we could see more downside action too... personally, I don't think the selling is over yet.

Pops:  
Drops:  LULU

We surpassed the $20 Trillion debt level in March! See Debt Clock on the left... 


This week...


New all time highs:  ADBE, AMZN, AMT, BTI, CC, DRI, MSFT, RAI  
All time lows:   
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,  Monthly Jobs report on Friday.
Earnings:       

This week's charts:


VIX still near the bottom, but rising... 


Links...
S&P 500 - small pullback so far...
Gold was flat, closing near 1251
The 30 year Bond was down,  closing near 150.90
The US Dollar was up, closing near 100.26

NEWS:
That's A Wrap: Q1 Performance
Here are the winners from the market's big first quarter rally
Calmest Market in More Than Decade on VIX Quarterly Drop: Chart
Cramer's game plan: Next week's dips could provide a golden opportunity
Money borrowed to buy stocks hits record
Traders debate financials versus technology for their favorite sector
The Robots Win: Blackrock Bets On Computers Over Human Stock Pickers, Fires Dozens
JPM Warns Shift To Passive Investing Increases Systemic Risk, Will Make Crashes Worse
WARNING: U.S. Ponzi Retirement Market In Big Trouble As Withdrawals Now Exceed Contributions
Dow’s 4,400-point rally in a year and a half has Wall Street debating the stock market’s next move

Amazon’s stock reaches another record, capping a big week of news
Call of the week: Apple notches record high on price target hikes
Goldman Sachs is among the worst performing stocks in the Dow so far this year
Shares of ConocoPhillips soar after $13.3 billion deal
Tesla beats expectations, delivering a record 25,000 vehicles in Q1
Chinese tech giant Tencent buys 5% stake in Tesla
Consumer Discretionary SPDR hits another all-time high


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