Stock Market update -Nov 25th

The market continued to pull back for this shortened trading week, with Tech and Retail leading the way down. We are approaching support levels (from April) on most of the indexes, so maybe we'll see a bounce from there.

Bonds continued to rally, and Oil continued to drop!
Continuing concerns: Brexit, Italy, China


NVDA , AAPL, and others dropped
TGT plunged, as did KSS
GE continues to drop...
Bitcoin continues to drop

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





    Tech in a downtrend

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


New all time highs:   UAL -short list!
All time lows:   JD, 

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:   Fed meeting
Earnings:    


This week's charts:



$NYA -NYSE Composite (link)
Approaching the Oct lows




FAANG stocks (link) -all trending down!






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 50.39- holding below $60
Gold was unchanged, closing near 1223 -above $1200!
The 30 year Bond rallied again, closing near 140.03
The US Dollar was up a bit, closing near 96.85

NEWS
Dow, S&P 500 now down for 2018
George Soros Sold Facebook, Netflix, and Goldman Stock Just Before They Tumbled
Crypto Losses Near $700B as Bitcoin Tumbles

Posted by 123Trader

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)