Stock Market update -Jul 9th

The market was down this week, with a small recovery on Friday, after a good Jobs report. Bonds, Oil, and Gold dropped. both the S&P 500 and the Nasdaq 100 are near a support level, so we could see a rebound. Earnings starts this week, with C, JPM, and WFC among others reporting.
The Transportation index closed at an all time high.

Pops:  
Drops:  ORLY, AAP, AZO, TSLA

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




New all time highs:  DAL, MCD, LUV, LMT, PGR
All time lows:   WIN
Mergers/Deals:   

Options watch:   S&P 500 Implied Volatility still very low, but 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   CBOE blogs

Next week:   A few banks to kick off earnings season...      

Earnings: PEP, C, JPM, WFC, 

This week's charts:


VIX... Link



FAANG stocks & SPX -Link


Links...
S&P 500 - sideways action...
Gold was down again, closing near 1211
The 30 year Bond dropped again, closing near 151.78
The US Dollar was mostly unchanged, closing near 95.77

NEWS:
JPMorgan, Wells Fargo and More Kicking Off Earnings Season This Week
Boeing Continues Run as DJIA’s Best Performing Stock in 2017
Run of Bad News Lowers Tesla’s Market Cap
More Risk for Intel, More Opportunity for AMD (and NVIDIA
Get ready: Amazon Prime Day starts Monday
Microsoft cuts thousands of jobs


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