Stock Market update -Aug 27th

The market recovered a bit from the big Thursday drop, but is still in a short-term down trend. This week we get the GDP report, with the Jobs report closing out the month on Friday. We'll need to see a rally to get out of this downturn. Bonds continue to rise, along with Gold.

Sears to shutter another 28 locations, as same-store sales tumble 11.5%
Macy's to restructure merchandising unit, cut 100 jobs


Pops:  DLTR
Drops:  ULTA, 

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








New all time highs:  ADSK, AEP, CBOE, CCI, CRM, SHOP, 
All time lows:   

Options watch:   S&P 500 Implied Volatility dropping
Link to high IVR stocks   
High Options volume:   
ETFs SPY, IWM, QQQ, GLD, GDX, USO, XOP, VXX, XLF, FXI, EEM EWZ, 
Stocks AAPL, AMD, BAC, BABA, FB, MU, NVDA, TSLA
CBOE VIX Volatility Index   CBOE blogs  

Next week:   
Earnings:  BBY, LULU, PANW,


This week's charts:


VIX dropping back down... Link



FAANG stocks & SPX -Link


Links...
S&P 500 - small recovery so far
Gold held, closing near 1296 -approaching 1300! Top?
The 30 year Bond was up a bit, closing near 156.53
The US Dollar was down again, closing near 92.29




NEWS:
Dow closes higher on tax reform hopes, notches first weekly gain in three weeks

Stock Market update -Aug 20th

The market was down this week as we got another big drop on Thursday, just like the prior week. We could be seeing a market running out of steam at this level, after the 9 month election rally. The US Dollar may be showing signs of maybe turning around from the 8 month drop too.

Bitcoin continued to rise.

Total Solar eclipse on Monday


Pops:  BABA, ROST
Drops:  FL, ULTA

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








New all time highs:  BABA, EL, TTWO -short list!
All time lows:   AMC, JCP, RIG, UA

Options watch:   S&P 500 Implied Volatility high
Link to high IVR stocks   
High Options volume:   
ETFs SPY, IWM, QQQ, GLD, GDX, USO, XOP, VXX, XLF, FXI, EEM EWZ, 
Stocks AAPL, AMD, BAC, BABA, FB, MU, NVDA, TSLA
CBOE VIX Volatility Index   CBOE blogs  VIX spiked this week!

Next week:   
Earnings:  AVGO, CRM, HPQ, VMW, LOW, MOMO, ULTA, DLTR


This week's charts:


VIX spiked... Link



FAANG stocks & SPX -Link


Links...
S&P 500 - dropped again this week
Gold held, closing near 1290 -approaching 1300! Top?
The 30 year Bond held, closing near 155.81
The US Dollar was up a bit, closing near 93.36




NEWS:
Two charts point to big trouble for tech stocks


Stock Market update -Aug 13th

We had a big down day on Thursday for the first time in a long time. The overal market was down about 1.5% for the week on North Korea tensions. Small-caps (IWM) continued to fall. Gold continued to rise. This could be the start of a bigger drop as we approach the end of the summer, and then go into Sep & Oct, notable times for market volatility. In this multi-year rally however, we've always recovered quickly from similar drops...

Macy's and JCP dropped again after reporting earnings. CMG and BBBY continue their downward trend.

Pops:  
Drops:  DIS, M, NVDA, PCLN

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





New all time highs:  TRV -short list!
All time lows:   JCP, SNAP

Options watch:   S&P 500 Implied Volatility spiked! GOOD TIME TO SELL PREMIUM!
Link to high IVR stocks   
High Options volume:   
ETFs SPY, IWM, QQQ, GLD, GDX, USO, XOP, VXX, XLF, FXI, EEM EWZ, 
Stocks AAPL, AMD, BAC, BABA, FB, MU, NVDA, TSLA
CBOE VIX Volatility Index   CBOE blogs  VIX spiked this week!

Next week:   Monthly Options Expiration

Earnings:  More retailers next week
RETAIL EARNINGS, FED MINUTES IN FOCUS NEXT WEEK
M  
T   HD
W  TGT
T   BABA, WMT
F  


This week's charts:


VIX spiked... Link



FAANG stocks & SPX -Link


Links...
S&P 500 - dropped this week
Gold rallied, closing near 1295 -approaching 1300!
The 30 year Bond was up a bit, closing near 155.50
The US Dollar was down a bit, closing near 92.97

NEWS:
Stocks rise slightly to end second-worst week of the year
North Korea could take back seat as stocks face big week for consumer data

Stock Market update -Aug 6th

The DOW hit new all time high records all week, as the Small Caps (IWM) went in the opposite direction. A good Jobs report on Friday helped to keep the market up too. Earnings for most of the high profile names are now over (DIS & NVDA this week). Lets see what Aug and Sep bring. We've had an extended run, so maybe we take a pause here after earnings... VIX is at multi-year lows.

AAPL & TSLA popped on earnings. YELP yelped! TEVA cratered!
SNAP and APRN continued to drop

The Dollar continued to drop, and Oil and Gold rallied.

Pops:  AAPL, TSLA, GPRO, YELP, ILMN
Drops:  AAOI, TEVA, DDD

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




New all time highs:  AET, UNH, CI, HUM...  COL, CTSH, HON, NVDA, PNC, V
All time lows:   APRN, WIN
Mergers/Deals:   

Options watch:   S&P 500 Implied Volatility rising a bit...
Link to high IVR stocks   
High Options volume:   
ETFs  SPY, IWM, QQQ, GLD, GDX, USO, VXX, XLF, FXI, EEM EWZ, XOP
Stocks  AAPL, AMD, BABA, FB, BAC, MU, NVDA, TSLA
CBOE VIX Volatility Index   CBOE blogs

Next week:   

Earnings:  This week  ...also BABA, PCLN,  Stocks to watch next week
M  
T   VRX, DIS
W  
T   NVDA
F  


This week's charts:


VIX rising... Link



FAANG stocks & SPX -Link


Links...
S&P 500 - still near all time highs...
Gold was flat, closing near 1264
The 30 year Bond was up a bit, closing near 154.15
The US Dollar was up a bit, closing near 93.38

NEWS:
Dow Gains 600 Points In 9 Days; S&P, Bonds, Gold & Dollar Unchanged
The stock market hasn't been this calm since 1996
Tesla's surging stock is crushing short sellers
Bitcoin surges above $3K to record, more than tripling this year while 'bitcoin cash' struggles
Oprah’s windfall on Weight Watchers hits $340 million