Stock Market update -Sep 17th

The markets ended at record highs this week! The SPX closed at 2500 for the 1st time. Bonds and Gold dropped. Biotechs continued to rally. VIX dropped. The market rally continues!

ORCL dropped on earnings
AAPL dropped a bit after their new phone announcement
NVDA popped again


Pops:  
Drops:  ORCL

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





New all time highs:   ABBV, BA, CAT, CELG, EBAY, NVDA
All time lows:   

Options watch:   S&P 500 Implied Volatility dropped ahead of next week's expiration...
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:   Fed meeting
Earnings:  ADBE, AZO, FDX 


This week's charts:


VIX dropping back down... Link



FAANG stocks & SPX -Link


Links...
S&P 500 - new all time high!
Gold dropped, closing near 1323 -over 1300! 
The 30 year Bond was down, closing near 154.96
The US Dollar was up a bit, closing near 91.60


NEWS:
S&P 500 closes at record high; Dow posts best week since December
Something in the charts is making me bet against tech stocks: Trader

Nvidia’s rally is twisting analysts into bullish knots

1 comment:

Unknown said...

Stock market update 22 Sep 2017 - The Bombay Stock Exchange - Sensex was down by 309.65 points at 32,060.39 and the 50-share NSE Nifty declined by 119.90 points to 10,002.00. Today About 3.5 shares declined for every share rising on the BSE.
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