Stock Market update -Feb 11th

We got another big sell-off this week as interest rates continued to rise. For the first time since the election we are seeing a pullback in the market. We could reverse from here with a short-term rally, but with the recent damage done to price levels, I don't expect all time highs to come back anytime soon. Instead we could see more selling after a bounce from here... time will tell.

Bonds, Oil, and Gold corrected again. Bitcoin bounced...
This week (link)


Over $20 Trillion in debt! See Debt Clock on the left, or here... 

New all time highs:   VIRT -VERY SHORT LIST!
All time lows:    SHLD & lots more!

Options watch:   S&P 500 Implied Volatility jumped again...
Link to high IVR stocks   
High Options volume:   
ETFs SPY, IWM, QQQ, GLD, GDX, USO, XOP, VXX, XLF, XLE, FXI, EEM EWZ, 
Stocks AAPL, AMD, BAC, BABA, FB, MU, NFLX, NVDA, TSLA
CBOE VIX Volatility Index   CBOE blogs  

Next week:   Feb Options expiration

Earnings:    



This week's charts:


Huge VIX rally... Link




FAANNG stocks & SPX (link)


Links...
S&P 500 - ANOTHER BIG DROP THIS WEEK!
Gold was down, closing near 1325 -holding over $1300!
The 30 year Bond DROPPED again, closing near 143.18
The US Dollar was UP, closing near 90.07

NEWS
Why the stock market correction was long overdue, and what it means now

Watch SpaceX launch its thunderous Falcon Heavy rocket for the first time


Posted by 123Trader

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