Stock Market update Jul 14th


The market was up again this week, with the S&P 500 taking out the 3000 level after the Fed message before Congress.  Bonds dropped a bit. Gold is holding above 1400. We could see the rally continue above the 3000 level, depending on upcoming earnings reactions. 

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

Pops:   
Drops:   ILMN

Over $22 Trillion in debt!  See Debt Clock on the left, or here...




S&P 500 performance chart, (9 months -Link)
New all time highs...



Bonds finally pulled back...


New all time highs:    CMCSA, DAL, DIS, COST, FIS, HD, PYPL, PG, ROST, TJX, SBUX, MA, V, WMT, AND MORE...
All time lows:   

Options watch:   S&P 500 Implied Volatility  (CBOE VIX) -very low
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  C
T  GS, JPM, WFC
W  BAC, NFLX
T  MS, MSFT
F  AXP


This week's charts:

$NYA -NYSE Composite  -made it back up to the Oct high

 (IWM)   Small-caps -still struggling...


Links...
S&P 500 - all time highs
Gold was up, closing near 1418
The 30 year Bond dropped, closing near 153.44
The US Dollar was down a bit, closing near 96.43

News:
Dow jumps 240 points to all-time high as Wall Street ends record-breaking week on a high note

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