Stock Market update -Mar 31st

The market was up a bit for the week as we closed out the 1st quarter with significant gains, though not enough to recover the significant losses seen in the previous quarter! We could continue to trade sideways in this current range till we get the next round of earnings reports starting in 2 weeks. Long term Interest rates dropped again this week, so Bonds rallied along with stocks -something has to give soon!

Bonds and Oil rallied some more, while Gold dropped

Continuing concerns:  Still keeping an eye on DB, Europe, Brexit, China

Lyft's much anticipated IPO finally happened on Friday.
AAPL's much anticipated Monday announcement was a dud...
CMG continued to power higher again this week!

Pops:  LULU, 
Drops:   RH

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




S&P 500 performance chart, (9 months -Link)
Still trying to hold above 2800


New all time highs:   ADP, AMT, BAX, FAST, FIS, FISV, INTU, PG, PYPL, SBUX, WM & more
All time lows:   --

Options watch:   S&P 500 Implied Volatility -dropped...  (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:   Monthly Jobs report on Friday
Earnings:    

This week's charts:



$NYA -NYSE Composite (link)  

 (IWM)   Small-caps are still weak


Links...
S&P 500 - big rally from the bottom now topping out? 
Gold dropped, closing near 1297
The 30 year Bond rallied again, closing near 149.75
The US Dollar  was up, closing near 96.81

News:
S&P 500 notches best start to a year since 1998, Dow rises more than 200 points on trade optimism
Cramer's game plan: Keep an eye on retail sales and employment data


Posted by 123Trader 0 comments

Stock Market update -Mar 24th

The Fed seemed to turn markets upside down this week, first with a big rally on Thursday, followed by a big drop on Friday, with long term interest rates taking a tumble, inverting the yield curve! This week we close out the 1st quarter with very strong gains (if it holds up), after the previous quarter's disastrous drop.

Bonds spiked, Gold was up a bit, also Oil.

Continuing concerns:  
Still keeping an eye on DB, Europe, China

Pops:  , 
Drops:   BIIB, NKE


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




S&P 500 performance chart, (9 months -Link)
Struggling to hold above 2800


New all time highs:   AEP. AMT, BAX, CMS, MPW, NEE, PG, TTD, XEL, WM
All time lows:   --

Options watch:   S&P 500 Implied Volatility -rising...  (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:    CRON, LULU

This week's charts:



$NYA -NYSE Composite (link)  

 (IWM)   Small-caps are weak


Links...
S&P 500 - big rally from the bottom now topping out? 
Gold was up a bit, closing near 1313 
The 30 year Bond rallied, after the Fed, closing near 148.78
The US Dollar  was flat, closing near 96.11

News:
Wall Street tumbles on global economic slowdown fears
Mortgage rates are now breaking to new lower territory, and they could stay there for months


Posted by 123Trader 0 comments

Stock Market update -Mar 17th

Another week, another rally. We closed out the 1st quarter Options expiration week on a higher note as expected, above the 2800 level on the SPX. We could be stuck in this range for a bit. This week we have another Fed meeting -maybe a catalyst for another directional move.

Bonds , Gold, and Oil were also up a bit.

Continuing concerns:  
Still keeping an eye on DB, Europe, China

Pops:  AVGO, ULTA, 
Drops:

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




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


New all time highs:   AVGO, ABT, AFL, AMT, FOXA, INTU, MA, V, MSFT, PG, PYPL, PAYX, ULTA, V, XEL, YUM, & more
All time lows:   --

Options watch:   S&P 500 Implied Volatility -dropping...  (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:    FDX, TCEHY

This week's charts:



$NYA -NYSE Composite (link)  

 (IWM)   Small-caps


Links...
S&P 500 - big rally from the bottom is holding up 
Gold was up a bit, closing near 1302 
The 30 year Bond was up, closing near 146.28
The US Dollar  was down, closing near 96

News:
Boeing grounds entire 737 Max crash aircraft fleet

Posted by 123Trader 0 comments

Stock Market update -3/10

We finally saw a pullback from the huge rally off the Christmas eve bottom, as the index reached the 2800 resistance level. Time will tell where we go next as we enter March Options expiration week

Bonds rallied, Gold was up, Oil was flat.

Continuing concerns:  
Still keeping an eye on DB, Europe, China

Pops:
Drops:

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




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


New all time highs:   NEE, XEL, short list!
All time lows:   --

Options watch:   S&P 500 Implied Volatility -picking up...  (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)  

 (IWM)   Small-caps


Links...
S&P 500 - big rally from the bottom may be stalling! 
Gold was up a bit, closing near 1297 -dropped below $1300!
The 30 year Bond rallied, closing near 145.75
The US Dollar  was up, closing near 97.36

News:



Posted by 123Trader 0 comments

Stock Market update -Mar 3rd

This week we dropped then rallied back... We are now at the 2800 level for the SPX. We've had a HUGE rally from the Christmas Eve bottom, and the SPX is now perched at a potential resistance level as we begin March.
BA continues its rally streak!

Bonds DROPPED (higher rates), Gold dropped, Oil may be pulling back.

Continuing concerns:  
Still keeping an eye on DB, China, Europe

Pops:
Drops:

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




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


New all time highs:   ABT, AFL, ADSK, BA, CRM, LLY, MA, NKE, PYPL, PGR, SPLK, TWLO, WDAY, XLNX, and more
All time lows:   --

Options watch:   S&P 500 Implied Volatility -still dropping!  (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)  

 (IWM)   Small-caps


Links...
S&P 500 - big rally from the bottom still going! 
10yr Interest Rates  -steady/around 3%...
ETFs - Ranked by YTD Percent Change
S&P 500 Sector performance
$NYA -how much further up?

Crude Oil was flat, closing near 55.75 - rallying above $50
Gold was down a bit, closing near 1294 -dropped below $1300!
The 30 year Bond dropped, closing near 143.81
The US Dollar  was down, closing near 96.39

News:


x
Posted by 123Trader 0 comments
Subscribe to: Posts (Atom)