Stock Market update -May 27th

The stock market was pretty much sideways again this week, while Bonds rallied, and Oil dropped on Friday. Next week is a holiday week, and on Friday we get the monthly Jobs report. We may continue in this trading range, but should break in one direction or the other before long.

TIF spiked up.  Also FL rallied
BBY, TGT, GPS, and JCP dropped

This week -(link)

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

New all time highs:  ADP, ALGN, BAX, CSX, INTU, MSFT, LULU. NFLX, NKE, NDAQ, TIF 

All time lows:   

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:   Monthly Jobs report on Friday

Earnings:    COST, CRM, DG, DLTR, HP, LULU, MRVL

This week's charts:

VIX... Link

FAANNG stocks & SPX (link)

Links...

S&P 500 - where next? resistance?

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 dropped, closing near 67.50 -dropped below $70!

Gold rallied, closing near 1301 -back over $1300!

The 30 year Bond rallied, closing near 143.93

The US Dollar was up, closing near 94.21

NEWS

Corporate America's best report card since 2010

Companies have spent a stunning $2 trillion on mergers so far this year

Charts show the largest bond ETF is on track for its worst year in history: Market watcher

Netflix just hit an all-time high; one market watcher sees it rising another 30 percent this year

Chipotle and two other once left-for-dead stocks are surging this year, and some say they are still a buy

US mall owners look to apartments and hotels to replace Sears and JC Penney

Bitcoin extends slump, on track for third consecutive weekly loss

Turkish lira hits record low

Argentina raises interest rates to 40%