Stock Market update -Nov 18th

The market pulled back again this week, then recovered some of its losses later in the week. This time the pullback could be different, with indexes like the Small Caps (IWM) and the NYA  showing a bigger breakdown than the S&P500 and the Nasdaq 100, and showing losses for the year.

Bonds rallied finally. Oil dropped further though, and Natural Gas saw some huge moves!

NVDA plunged after reporting earnings.
WMT dropped, as did GS

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


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


New all time highs:   KO, MCD. PG, CME, ICE, BLL, XEL
All time lows:   

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:    


This week's charts:



$NYA -NYSE Composite (link)




FAANG stocks (link) -all trending down!




FB continues to  drop since its peak in Jan, after reporting earnings



GE continues to plunge!


Links...
S&P 500 -in a down-trend
10yr Interest Rates  -steady/rising around 3%...
ETFs - Ranked by YTD Percent Change
S&P 500 Sector performance
$NYA -broke the April 2018 lows!

Crude Oil was down again, closing near 56.83 - holding below $60
Gold dropped, then recovered closing near 1222 -above $1200!
The 30 year Bond rallied, closing near 139.75
The US Dollar was flat, closing near 96.31

NEWS
Nvidia plummets after earnings — here's how to trade the chips now 


Wells Fargo turns positive on gold, here's how the firm sees it going
Oil is having one of its longest losing streaks ever —and it may be facing 'real problems' if it sinks further: Analyst

Posted by 123Trader

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