Stock Market update: November 2019

Stock Market update Nov 24th

We did get the pullback I mentioned last week -let's see how far it goes now. This is a short trading week, and last year around this time we saw the beginning of a huge drop, into the Christmas holiday. A similar occurrence would be unusual in my opinion.

The small-caps continue to lag.

Bonds & Oil were up; Gold mostly unchanged.

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

Pops: TGT,

Drops: KSS

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

S&P 500 chart -starting to pull back (Link)

Bonds ...still in a downtrend

New all time highs: AMGN, CVNA, EQH, LK, LULU, MMC, USB, VRTX -odd list!

All time lows: SPCE

Options watch: S&P 500 Implied Volatility (CBOE VIX) -sitting at the lows!

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 -starting to pull back

(IWM) Small-caps -still struggling within the 2019 range...

VIX -near multi-year lows!

Links...

10yr Interest Rates -still low

Labor Force Participation Rate (10 year chart) -trending up

Fear & Greed Index

ETFs - Ranked by YTD % Change -or by Volume
S&P 500 Sector performance

Commodities/Futures (charts):

Crude Oil was unchanged, closing near 57.93

Gold was flat, closing near 1461 -back below 1500!

The 30 year Bond was up, closing near 159.84

The US Dollar was up, closing near 98.20

News:

Investors are left to wonder if the stock market rally is resting or rolling over

Charles Schwab Is Buying TD Ameritrade for $26 Billion, Report Says

Here’s Why AMD Stock Is Better Than NVIDIA

Target shares surge after company crushes earnings and rases forecast

Cannabis stocks soar across the board as historic House vote lures investors back to battered sector

Stock Market update -Nov 17

New all time highs once again! We've had a really huge rally since early October, so it wouldn't be surprising to see it slowdown or pullback before long. But now the 3025 level should act as support, whereas it offered resistance before. Time will tell. We get earnings reports from more retailers this week...
The small-caps continue to lag.

Bonds were up, as well as Gold & Oil.

Continuing concerns: Still keeping an eye on 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)

Bonds ...still in a downtrend

New all time highs: AAPL, AMAT, DIS, MSFT, GOOGL, EW, VRTX, FISV, GPN MDT, LK, LRCX, WMT, SYY

All time lows: TLRY

Options watch: S&P 500 Implied Volatility (CBOE VIX) -back to the lows!

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...

HD, LOW, FL, ROST, TJX, TGT

This week's charts:

$NYA -NYSE Composite -new all time highs

(IWM) Small-caps -still struggling within the 2019 range...

VIX -near multi-year lows!

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 was up, closing near 57.93

Gold was flat, closing near 1468 -back below 1500!

The 30 year Bond was up, closing near 158.40

The US Dollar was down, closing near 97.85

News:

Dow tops 28,000 for first time, capping 4-week win streak
Disney stock jumps, Netflix slips amid news that Disney+ pulled in 10 million subscribers in one day
Expedia stock suffers worst day yet as Google threat hits travel websites

10 High-Quality, High-Growth Stocks to Buy

The stock market warning that everyone is overlooking

Nike won't sell directly to Amazon anymore

4 major cannabis companies reported disappointing earnings this week...
Aurora Cannabis stock suffers worst day in more than five years

Stock Market update -Nov 10

New all time highs! We are holding up above the recent tops on the SPX (around 1025) for the second week now, so we have finally broken above the trading range that was established months ago, after touching the top 3 times! The only index still lagging is the small-caps (IWM).
Most of the big earnings reports are now behind us.

Bonds dropped again, as well as Gold & Oil was flat.

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

Pops:

Drops: