Stock Market update -Apr 7th

The market rallied nicely this week, and is now approaching the all time highs of 2940ish on the SPX. The next catalyst that might determine whether we breakout to new all time highs. or break down at resistance, will be the upcoming earnings, starting with a couple of banks on Friday.

Bonds dropped, while Oil rallied some more, and Gold was flat.

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

TSLA dropped on production misses
BA rallied

Pops:   
Drops:   WBA, 

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

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

Shooting for the all time high!

New all time highs:    ADI, AMT, ACN, APH, FAST, COST, DG, MCD, LULU, SBUX, and more...

All time lows:   --DF

Options watch:   S&P 500 Implied Volatility -dropped again...  (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:    

M:

T:

W:  DAL

T:  FAST

F:  JPM WF PNC

This week's charts:

$NYA -NYSE Composite (link)  

 (IWM)   Small-caps are still weak

Links...

S&P 500 - big rally from the bottom now approaching all time highs!

10yr Interest Rates  -dropping/under 2.5pct!

Labor Force Participation Rate (10 year chart) 

Fear & Greed Index

ETFs - Ranked by YTD Percent Change
S&P 500 Sector performance
$NYA -broke resistance

Commodities/Futures (charts):  

Crude Oil was up, closing near 63.26

Gold was flat, closing near 1295

The 30 year Bond dropped, closing near 148

The US Dollar  was flat, closing near 96.98

News:

Stocks post 2nd straight weekly gain as strong jobs data, trade deal hopes boost sentiment
Job Gain Points To A US Economy Slowing But Hardly Stalling

First-quarter earnings are expected to be lousy, but the stock market may not care

These 3 ETFs Have Crushed It in 2019

Boeing Cutting Production Rate Of Troubled 737 Max Jet

Over 540 million Facebook records found on exposed AWS servers

Beware Red-Hot AMD Stock as Index Leader Closes In on $30