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... 





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
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'  

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