Stock Market update -Jul 29th

We were up a bit for the week, with lots of earnings reports and lots of ups and downs, but the S&P500 up-trend from April is still intact (chart below). The SmallCaps and the Nasdaq100 pulled back.
GDP was up, coming in at 4.1%
Bonds dropped, while Gold was flat, and Oil was up a bit.

FB lost 20% after reporting earnings, as did TWTR! INTC also dropped...
AAPL and TSLA report next week.



This week -(CHART Link)


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



How high will Oil prices go?? (5 yr chart)


New all time highs:   AMZN, AFL, AXP, CBRE, GOOGL, KKR, SQ, SYY, V, WWE, WM
All time lows:   , 

Options watch:   S&P 500 Implied Volatility -rising?
CBOE VIX (Volatility Index) was up...  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:   Earnings:   
Mon  CAT, 
Tue   AAPL, BIDU
Wed  TSLA, 
Thu   ,
Fri    

This week's charts:



FAANNG stocks & SPX (link) -FB crashed


Links...
S&P 500 - 
Gold was down, closing near 1219 -well below $1300
The 30 year Bond dropped, closing near 142.87
The US Dollar was up a bit, closing near 94.51

NEWS
Booming U.S. Economy Generates a Dud Week for Investors

Posted by 123Trader

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