Stock Market update -Sep 24th

The market was pretty much flat for the week in spite of all the news, otherwise pretty uneventful. The small-cap IWM hit an all-time high after a nice rally for the past few weeks. AAPL continued to drop after their big phone announcement. Looks like we'll close out the quarter with another small gain for the year as the uptrend continues.

The Fed announced it would begin its plan to shrink its $4.5 trillion balance sheet, beginning in October, and building up to $600 billion a year.

Toys R Us Files for Bankruptcy

Pops:  
Drops:  

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

This week (link)

New all time highs:   BA, LMT, CAT, HON, GDDY, INTU, PYPL, TD, MCO

All time lows:   

Options watch:   S&P 500 Implied Volatility down...
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:   MU, NKE

This week's charts:

VIX dropping back down... Link

FAANG stocks & SPX -Link

Links...

S&P 500 - near all time highs!

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, closing near 50.66

Gold dropped, closing near 1300 

The 30 year Bond was down a bit, closing near 154.37

The US Dollar was up a bit, closing near 91.98

NEWS:

Friday Humor: Russell 2000 Reaches New Record High
Key lessons from the second-longest bull market, in 11 charts

Fed announces a start to modestly reducing its bond holdings

Deutsche Bank: "Global Asset Prices Are The Most Elevated In History"

iPhone 8 lines were orderly and short. In other words, a snooze
Can Google and HTC crack the Apple-Samsung smartphone duopoly?
Google is paying $1 billion for HTC's smartphone brains
S&P Cuts China’s Credit Rating, Citing Risk From Debt Growth