Stock Market update Jul 21st

After hitting all  time highs we got a pullback this week. More big tech earnings next week will drive the market. NFLX disappointed and dropped more than 10%. Small-caps still underperforming...
Bonds & Gold holding up, while Oil dropped.

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

Pops:   
Drops:   NFLX

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




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



Bonds rallied again...


New all time highs:    ABT, ADBE, COST, FDC, INTU, MSFT, MDT, MCD, NEE, ROST, SBUX, SHOP, V, XEL, YUM, and more...
All time lows:   

Options watch:   S&P 500 Implied Volatility  (CBOE VIX) -still 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  HAL
T   KO, TRV, UTX, LMT, V, CMG, 
W BA, CAT, FB, T, TSLA, DB, 
T   AMZN, GOOGL, INTC, MMM, SBUX, 
F  MCD, TWTR, ABBV, 


This week's charts:

$NYA -NYSE Composite  -bouncing off the Oct high so far

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


Links...
S&P 500 - all time highs
Gold was up, closing near 1426
The 30 year Bond was up, closing near 154.68
The US Dollar was up a bit, closing near 96.84

News:
Stocks fall, S&P 500 and Nasdaq post worst week since late May

Microsoft beats on earnings, stock ticks up
Netflix tanks after whiffing on global paid subscribers

Posted by 123Trader

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