Stock Market update -Dec 15

The market rallied again on Thu, Fri on the new China trade agreement & the Fed nothing announcement, hitting new all time highs once again. We also had the impeachment hearings, and the British elections.

U.S.-China Trade Deal Phase 1 Is Here; December Tariffs Are Scrapped
INVESTORS RUN FROM STOCKS AT RECORD PACE -biggest withdrawals on record

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

Pops:   CIEN
Drops:   

Over $23 Trillion in debt!  See Debt Clock on the left, or here...




S&P 500 chart  -new all time highs  (Link)

Bonds ...still in a downtrend


New all time highs:   AAPL, ADBE, AMGN, FAST, JPM, MA, MSFT, NKE, TSM, SMH, USB
All time lows:  DBX

Options watch:   S&P 500 Implied Volatility  (CBOE VIX) -popped this week
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:     Quiet week?
Stocks on the move:  FCX, CIEN, CHWY
Earnings...  FDX, MU, NKE

This week's charts:

$NYA -NYSE Composite  -Back up to all time highs

 (IWM)   Small-caps -Back up to near recent breakout highs!

VIX -dropped this week



AAPL continues to rally -with an ever expanding PE


Links...
10yr Interest Rates  -still low
Gold was also higher, closing near 1480 -still below 1500!
The 30 year Bond was higher as well, closing near 158.09
The US Dollar was a bit lower, closing near 97.20

News:
Leading US Indexes Close Higher Friday and for the Week of Dec. 13
Path is clear for a year-end rally with key hurdles like the trade war removed



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