Stock Market update: October 2018

Stock Market update -Oct 28th

The market dropped further after AMZN and GOOGL reported earnings, maybe heading to the March lows, with FB and AAPL reporting this week. This has been a pretty ugly October. Looking for a bounce soon though... it's very oversold.

Bonds moved up again, as did Gold. Oil dropped.

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

S&P 500 performance, 9 months -(Chart Link)

NYA -NYSE Composite Index (current chart link)

-broke support -now below the March lows!

New all time highs: NONE!
All time lows: DB, JCP, FIT, SNAP

Options watch: S&P 500 Implied Volatility -Still high! (CBOE VIX)

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:

T AET, AMGN, EBAY, FB, GE, KO, PFE, UAA

T AAPL, SBUX

F BABA, CVX, XOM

Ready to Roll! Ten Q3 Biotech Earnings Reports to Watch Next Week

This week's charts:

FAANNG stocks (link) -all pulled back with the big market drop!
AAPL holding up for now (earnings this week)...

Links...

S&P 500 -dropped further !

10yr Interest Rates -steady/rising 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 down, closing near 67.62 - holding below $70

Gold rally holding up, closing near 1235 -above $1200!

The 30 year Bond was up, closing near 139.50

The US Dollar was up, closing near 96.18

NEWS

S&P 500 In Correction: Falls 10% From Highs Intraday Amid Weak Earnings

Amazon Slumps After Issuing Light Guidance: 7 Key Takeaways

Google's Revenue Miss Doesn't Change Its Long-Term Story

Microsoft overtakes Amazon as second-largest company by market value

The red hot 'FAANG' trade is officially over, now bet on your fellow 'MAAN'

Forget Amazon and Google. Chip Stocks Are the Problem.

Stock Market update -Oct 14th

The market tanked this week without warning, giving up gains from the prior months in just a few days! Earnings reports will probably drive the markets now for the next few weeks... Maybe we get a temporary recovery this week, but we could see more downside action in following weeks.
Bonds & Gold rallied.

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

S&P 500 performance, 9 months -(Chart Link)

Bad week!

NYA -NYSE Composite Index

-way below the Jan high now, as the market pulled back...

New all time highs: NONE! Baad week...

All time lows: ??

Options watch: S&P 500 Implied Volatility -Spiked! (CBOE VIX)

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:
M BAC
T GS, MS, IBM, JNJ, NFLX
W
T AXP, PYPL
F PG

This week's charts:

FAANNG stocks (link) -all pulled back with the big market drop!

Links...

S&P 500 -dropped way below the Jan top!

10yr Interest Rates -steady/rising 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 down, closing near 72.09 - holding above $70

Gold rallied closing near 1225 -now above $1200!

The 30 year Bond was up, closing near 138.56

The US Dollar was down a bit, closing near 95

NEWS

Sears likely to announce by this weekend that it will file for bankruptcy

Stock Market update -Oct 7th

The market pulled back this week, more than it has in recent weeks, just after the DOW hit record highs! Bonds dropped too as interest rates went up -these markets normally move in opposite directions! The monthly Jobs report was a bit weak. We also finally reached a trade deal between the US, Canada, and Mexico to replace NAFTA. Next comes China.
Some of the major banks kick off earnings season on Friday.

GE rallied
TSLA dropped again this week, as did COST

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