Stock Market update: April 2018

Stock Market update -Apr 29th

The market was pretty much flat for the week, in spite of earnings from some of the big Tech players. Next week we get AAPL and TSLA, among others.

T-Mobile seals blockbuster merger deal with Sprint, creating a 'fierce competitor' to AT&T, Verizon

Earnings Calendar, Week of April 30-May 4 (MCD, AAPL, TSLA)

AMZN, CMG popped on earmings

Drops: ,

This week -(link)

Over $21 Trillion in debt! See Debt Clock on the left, or here...

New all time highs: AMZN, MSFT, CTXS, GDDY, INTU, LULU, STZ, TJX, VLO

All time lows: LC

Options watch: S&P 500 Implied Volatility dropping...
CBOE VIX Volatility Index CBOE blogs

Link to high IV 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

Next week: Fed meeting, monthly Jobs report on Friday

Earnings:
M AGN, MCD, RIG
T AAPL, AET, BP, SHOP, MRK, PFE, GILD, SNAP, UAA
W TSLA, YUM
T ATVI, REGN
F BABA, CELG,

This week's charts:

VIX?... Link

FAANNG stocks & SPX (link) -FB broken? NFLX double top, GOOGL bottom?

Links...

S&P 500 - where next?

10yr Interest Rates -rising...

Labor Force Participation Rate (10 year chart)

Fear & Greed Index

ETFs - Ranked by YTD Percent Change
S&P 500 Sector performance
$NYA

Commodities/Futures (charts):

Crude Oil was flat, closing near 68.02 -holding over $60!

Gold was down a bit, closing near 1325 -holding over $1300!

The 30 year Bond was flat, closing near 143

The US Dollar was up a bit, closing near 91.33

NEWS

Stocks post weekly losses in lackluster session as strong results fail to excite bulls
First reading on first-quarter GDP up 2.3%, vs 2.0% growth expected

How Far Could The NASDAQ Composite Index Fall And Still Be In An Uptrend?

Apple earnings are a highlight in action-packed week that includes Fed meeting, jobs report

Subway to close 500 restaurants across the US
Tesla's down 25% from its high and chart points to more pain
Ford is killing off nearly all of its cars in favor of SUVs

Looks like we started to roll over again this week, continuing the downtrend that started from the peak in Jan, with AAPL leading the decline on Friday. Bonds dropped as well! Oil was up. We get earnings from big Tech this week, followed by AAPL the following week -this will probably drive market direction in the short term. The Energy sector continued to rally this week (XLE, XOP, etc) as we await earnings from CVX & XOM on Friday.

Drops: IBM,
PM & SKX tanked...

Apple stock falls 4 percent, goes negative for the year

This week -(link)

Over $21 Trillion in debt! See Debt Clock on the left, or here...

New all time highs: CSX, PSX, GDDY, LULU, RTN, NDQ, TRU -short list!

All time lows:

Options watch: S&P 500 Implied Volatility dropping...
Link to high IV 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:

Earnings:
M GOOGL
T CAT, KO, UTX
W FB, TWTR, BA, CMG, QCOM, V
T AMZN, MSFT, GM, PEP, SBUX, UPS
F CVX, XOM

This week's charts:

VIX?... Link

FAANNG stocks & SPX (link) -FB broken? NFLX double top?

Links...

S&P 500 - failed rally?

10yr Interest Rates -rising...

Labor Force Participation Rate (10 year chart)

Fear & Greed Index

ETFs - Ranked by YTD Percent Change
S&P 500 Sector performance
$NYA

Commodities/Futures (charts):

Crude Oil was up again, closing near 68.06 -holding over $60!

Gold was down a bit, closing near 1337 -holding over $1300!

The 30 year Bond dropped, closing near 142.94

The US Dollar was up a bit, closing near 90.09

NEWS

This Isn’t the Earnings Season Stock Bulls Wanted

The 10-year Treasury could test the stock market's comeback

VIX Rigging Talk Erupts on Wall Street After Another Wild Swing

Amazon and Best Buy partner to sell smart TVs

Apple sinks on fears of slowing iPhone sales

Qualcomm is laying off more than 1,500 people

Wells Fargo hit with $1 billion fine

Turkey repatriates gold from US in bid to ditch dollar

Stock Market update -Apr 15th

The market was up this week, but still struggling to mount a meaningful rally.
Oil rallied and broke out above the recent prior tops.
Bonds seem to be in a range.

Drops: BBBY

This week -(link)

Over $21 Trillion in debt! See Debt Clock on the left, or here...

New all time highs: FFIV, LULU, MPC, VLO -short list!

All time lows:

Options watch: S&P 500 Implied Volatility dropping...
Link to high IV 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:

Earnings:
M BAC, NFLX
T GS, JNJ, IBM, UNH
W MS,
T
F GE, HON

This week's charts:

VIX pulling back... Link

FAANNG stocks & SPX (link) -FB broken?

Links...

S&P 500 - trying to rally

10yr Interest Rates -steady...

Labor Force Participation Rate (10 year chart)

Fear & Greed Index

ETFs - Ranked by YTD Percent Change
S&P 500 Sector performance
$NYA

Commodities/Futures (charts):

Crude Oil popped, closing near 67.39 -holding over $60!

Gold was up, closing near 1348 -holding over $1300!

The 30 year Bond was down a bit, closing near 145.50

The US Dollar was down a bit, closing near 89.51

NEWS

Stocks to retest correction lows as easy money disappears, Wall Street bear warns

Earnings season could stop the ‘bleeding’ on stock markets: Nuveen strategist

3 Earnings Reports to Watch Next Week

Energy stocks are about to catch up to the crude rally in a big way, says market watcher

Stock Market update -Apr 8th

We ended the week mostly unchanged, though not without its ups and downs. Not helping was a disappointing Jobs report on Friday. The market is at a decision point, sitting at a support level, where it could bounce, or fall right through. I suspect upcoming earnings will guide the next move.

Up-trend in Bonds continues...

TSLA rallied...

FB recovered from some of its earlier declines
Drops: INCY

This week -(link)

$NYA -eventually heading lower still, or trying to find a bottom here?

Over $21 Trillion in debt! See Debt Clock on the left, or here...

New all time highs: EL, HLF, -short list!

All time lows:

Options watch: S&P 500 Implied Volatility up again!
Link to high IV 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:

Earnings: BLK, JPM, C, WFC, PNC, DAL, BBBY

This week's charts:

VIX rising again... Link

FAANNG stocks & SPX (link) -FB broken?

Links...

S&P 500 - trying to find a bottom

10yr Interest Rates -rising...

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 down, closing near 61.95 -holding over $60!

Gold was up a bit, closing near 1337 -holding over $1300!

The 30 year Bond was down a bit, closing near 146.06

The US Dollar was up a bit, closing near 89.82

NEWS

Dow tumbles 572 points as trade war fears pummel stocks
The stock market is in its 3rd-longest stretch without a new high since 2013
Rocky Indexes Frustrate Bulls And Bears

Here are Friday’s worst stocks as trade conflict and a weak jobs report disappoint investors

Apple is facing its toughest fight since the 1980s

JPMorgan Chase and other big banks take center stage

Mark Zuckerberg to testify before Congress twice next week

Bitcoin just had its worst start to the year ever. Here’s why this quarter could be better

Stock Market update -Apr 1st

We closed out the quarter with a small loss for the first time in a long time! Tech sold off this week too. Could be a quiet week ahead of earnings coming in the following weeks. We are pretty much at a support level on the S&P 500 chart, so we could see a bounce from here, or not...

Bonds were up again (lower rates).

FB sold off some more this week

TSLA sold off too...