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!



-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

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!
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


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