Stock Market update -Sep 23rd

The market rallied this week and fooled most traders who were looking for more downside. Interestingly enough the hot stocks did not participate (like the FAANNG stocks). The DOW finally surpassed the Jan high, while the Nasdaq and Small-caps (IWM) surpassed it a while back.... whats next?

Bonds dropped this week, while Oil rallied.

MSFT and NKE closed at all time highs

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

Market performance, 9 months -(CHART Link)

NYA -NYSE Composite Index 

-still below the Jan high, but getting there...

New all time highs:   ABT, ACN, AMGN, LOW, MDT, MSFT, NKE, MA, V, PAYX, UNP, UTX & more

All time lows:   SONO, 

Options watch:   S&P 500 Implied Volatility -near the lows again!
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:   Last trading week for the month and the quarter!

Earnings:   NKE 

This week's charts:

FAANNG stocks (link) -not participating in the S&P rally!

MSFT doing well though...

Links...

S&P 500 - holding above the Jan top...

10yr Interest Rates  -steady around 3%...

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, closing near 70.71 - back above $70

Gold was up a bit, closing near 1203 -hanging around $1200!

The 30 year Bond dropped, closing near 140.46

The US Dollar was down, closing near 93.79

NEWS

Investors keep pouring money into bonds — and paying a big price for it
Dow stock Nike just hit a record — and its run could just be getting started

Fox and Comcast are about to settle their $36 billion battle for Sky — here's what to expect

Canadian pot grower Tilray drops 30% as wild week comes to an end