Stock Market update: September 2019

Stock Market update -Sep 29

Its the end of the month and the end of the quarter! For September, we finally broke out of the trading range we saw in August! Only to drop right back into it by Friday, while the small caps (IWM) never even broke out. The market continues to look weak, and may be forming a giant top from the 10 year run since March of 2009, after the financial crisis.

Bonds and Gold rallied a bit from the recent lows.

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

Pops: NKE,

Drops:

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

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

Double top..

Bonds ...

New all time highs: KMB, NKE, ED, NEE, PG, SYY
All time lows: ,

Options watch: S&P 500 Implied Volatility (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:

This week's charts:

$NYA -NYSE Composite -pulled back as well

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

Links...

S&P 500 -

10yr Interest Rates -still low!

Labor Force Participation Rate (10 year chart)

Fear & Greed Index

ETFs - Ranked by YTD Percent Change
S&P 500 Sector performance

Commodities/Futures (charts):

Crude Oil dropped, closing near

Gold dropped, closing near 1500

The 30 year Bond was mostly flat, closing near

The US Dollar was up, closing near

News:

Stock Market update -Sep 15th

We pretty much made it back up to the July highs with this recent rally, and may very well continue even higher for now. This week we could see the Fed meeting on Wednesday move markets.
The small-cap index however still lags (IWM)..

Bonds and Gold continued to pull back as stocks rallied.

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

Pops:

Drops:

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

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

Finally, a breakout..

Bonds dropped...

New all time highs: ALLY, DRI, JPM, RH, SYY, WMT -odd list
All time lows: ,

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

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!

This week's charts:

$NYA -NYSE Composite -broke out as well

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

Links...

S&P 500 - rallying

10yr Interest Rates -still low!

Labor Force Participation Rate (10 year chart)

Fear & Greed Index

ETFs - Ranked by YTD Percent Change
S&P 500 Sector performance

Commodities/Futures (charts):

Crude Oil was down a bit, closing near 54.82

Gold was down again, closing near 1495

The 30 year Bond was down again, closing near 157.68

The US Dollar was down a bit, closing near 97.82

News:

European Central Bank cuts its deposit rate, launches new bond-buying program

Budget deficit smashes $1 trillion mark, the highest in seven years

Schwab is laying off 600 employees amid hit from the Fed’s interest rate cuts

Jack Ma steps down as Alibaba’s chairman. Here are key moments in the company’s history

Shopify Overtakes eBay as Second Biggest Shopping Site After Amazon

Apple iPhone event reveals a dramatic change in strategy

Disney CEO Bob Iger resigns from Apple board as companies come into conflict on streaming

Nvidia (NVDA) Up 22.3% Since Last Earnings Report: Can It Continue?

Netflix is missing out on this market comeback, but Piper Jaffray says buy the dip

GameStop to close up to 200 stores

Saudi Arabia: Drone attacks knocked out half its oil supply

Stock Market update -Sep 8th

The market finally broke out of the August trading range, with a big rally on Thursday. We could now see the SPX head back up to the July all time highs near 3000. We are in September, a potentially volatile month, so anything could happen.
Bonds and Gold pulled back a bit as stocks rallied.
Job growth falls short of expectations as August payrolls rise just 130,000

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

Pops: DOCU, LULU

Drops: