Stock Market update -Nov 5th

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:  

This week's charts:


VIX still dropping... Link



FAANG stocks & SPX -Link


Links...
S&P 500 - all time highs -again
Gold was flat, closing near 1270 -back under 1300
The 30 year Bond was up, closing near 153.84
The US Dollar was flat, closing near 94.85

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

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