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... 

This week (link)

Some stocks going the wrong way!

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

10yr Interest Rates 

Labor Force Participation Rate (10 year chart) 

Fear & Greed Index

ETFs - Ranked by YTD Percent Change
S&P 500 Sector performance

Commodities/Futures (charts):

Crude Oil was up a bit, closing near 47.86

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

Inflation, jobs, manufacturing data expected to push low-volume stock market around

Walmart, Google Join Forces In Online Fight Against Amazon

Apple TV is losing badly to Roku and Amazon in the living room, survey finds

Will Consumers Pay $1,000 or More for a New iPhone?