Another repeat... "Another week, another move higher to new all time highs in the market, and the VIX drops 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 for the last 3 weeks! Nothing's changed -the market powers higher yet again..."
There is some divergence though -The Small-Caps (IWM) are trending down, and Bonds are moving up as stocks also move up. One of them will soon change!
The new Tax plan was unveiled this week, a new Fed Chairman was announced, we had the monthly Jobs report, and a terrorist attack in Manhattan that killed 8 people -all without any impact on the markets.
AAPL WAS UP on earnings! FB, SBUX, and BABA were flat...
AVGO may buy QCOM
Next week -Cramer...
Pops:
Drops: P, TSLA, UAA
We surpassed the $20 Trillion debt level in February! See Debt Clock...
New all time highs: AAPL, ATVI, ADBE, AVGO, NXPI, MCD, PYPL, SYY, MAR, V, UNH, and more...
All time lows: JCP, AVP, P
Options watch: S&P 500 Implied Volatility is still 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: PCLN
T: VRX
W:
T: NVDA, DIS, M
F:
VIX still dropping...
Link
FAANG stocks & SPX -
Link
Links...
Gold was flat
, closing near 1270 -back under 1300
NEWS
Nasdaq, S&P 500 and Dow close at record highs as Apple and Qualcomm rally
"The S&P Is Up 21% Since Trump's Election"...
Five important reasons why a stampede into stocks may be just getting started
It's begun: Fed's unwinding of its epic balance sheet officially showing up in the data
Apple shares hit record high as Wall Street gushes over iPhone X launch
Alibaba Shreds Analysts' Q2 Estimates With Massive $2.66 Billion In Profits
Nvidia earnings: After big stock gains, all segments are under the microscope
The stock market’s tech-laden index has never logged so many record closes in a single year