Stock Market update -OCT 22

Another week, another slow grind higher to new all time highs in the market, and the VIX drops even lower again. Next week we get a slew of earnings (see below) that could affect some markets. Wait... that's the same thing I said last week! Nothing's changed -the market powers higher yet again...

Bonds & Gold were down as the dollar moved up.

IBM had a big pop on earnings, even after reporting lower sales & earnings, with 22 quarters in a row now of declining numbers!
IBM’s stock surge is one for the history books 

Earnings next week -Cramer...

Pops:  ADBE, IBM UNH SKX
Drops:  CELG, PG, UAL

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

This week (link)

New all time highs:   ABBV, ADBE, BA, JNJ, JPM. MCD, MSFT, NVDA, PYPL, UNH, and more

All time lows:   

Options watch:   S&P 500 Implied Volatility is very low...
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:   
M:   
T:   GM CAT CMG UTX  MMM MCD
W:  BA KO NKE V
T:  BMY AMZN, GOOGL, MSFT, INTC, BIDU
F:  ABBV, MRK, CP, CVX, XOM

This week's charts:

VIX still dropping... Link

FAANG stocks & SPX -Link

Links...

S&P 500 - 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 slightly, closing near 52.07

Gold dropped, closing near 1281 -back under 1300

The 30 year Bond was dropped, closing near 152.09

The US Dollar was up, closing near 93.56

NEWS

Wall Street hits record highs; tax plan hopes fuel optimism
The Week Ahead Market Wrap
Get Ready for an Earnings Onslaught: Cramer's 'Mad Money' Recap (Friday 10/20/17)

iPhone 8 production cut in half, claims supply chain source; AAPL shares drop 2.37%
UnitedHealth beats 3Q forecasts, helped by Optum growth
Biggest risk to Netflix is a $7-per month Amazon streaming service, analyst Mark Mahaney says
United shares sink 12% after CEO admits airline is in a 'competitive hole'