Stock Market update -May 7th

The market was mostly flat for the week... Apple reported falling iPhone unit sales, losing more market share in China... Facebook saw a big revenue increase, while TSLA reported a bigger loss. Regardless, none of these stocks gained or lost value after reporting! IBM dipped after Buffet reported dumping some of his shares. The VIX remains at multiyear lows.

Pops:  
Drops:  

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





New all time highs:  
All time lows:   
Mergers/Deals:   ...

Options watch:   S&P 500 Implied Volatility 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 

Next week:  Economic reports,  
Earnings:       
M  -
T   -NVDA, DIS
W -
T  -
F  -

This week's charts:


VIX... Link


Links...
S&P 500 - taking out 2400 next?
Gold was down, closing near 1268
The 30 year Bond dropped, closing near 152.97
The US Dollar was down, closing near 98.89

NEWS:
Apple's stock surges to record after Warren Buffett discloses stake more than doubled
Chinese phones overtake Apple, Samsung at home
Apple is once again borrowing in the bond market to reward its shareholders
YouTube Is In a Race With Facebook, Netflix, and Amazon Over TV's Future
Alphabet: Winning Through Innovation
Buffett Sells A Third Of His IBM Stake: “I Don’t Value IBM The Same Way That I Did Six Years Ago"
Apple profit rises, but fewer phones sold
Tesla 1Q Loss Widens On Higher Spending Ahead Of Model 3
Facebook beats across the board with $8 billion revenue for Q1

A Problem Emerges: Central Banks Injected A Record $1 Trillion In 2017... It's Not Enough
The robots are coming, and that is a good thing for the future of advice
Bitcoin Soars Above $1,600 On Relentless Japanese Buying Frenzy

Posted by 123Trader

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