Stock Market update: January 2020

Stock Market update Jan 19th

The market hit new all time highs again (around 3330 on the SPX) -valuations are pretty stretched at this point. The VIX is near all time lows, with the Futures expiring next week -maybe we'll see a change in trend after the expiration. Earnings continue next week with NFLX on Tureday.
Gold was down a bit, as was Oil.

The China trade agreement is now behind us. Later we should also have the signing of the other major trade agreement with Canada/Mexico. And of course we also have the impeachment happening...

AAPL, GOOGL, MSFT, and others continued the strong rally to more new all time highs

Continuing concerns: The markets continue to be at pretty extreme levels here...

Pops:

Drops:

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

S&P 500 chart -new all time highs, again (Link)
Still pretty extended at this level -RSI divergence too

Bonds ...still in a short-term downtrend
Rates going higher -chart above (link)

New all time highs:
AAPL, FB, MSFT, GOOGL, ADBE, CRM, BABA, ISRG, LK, SHOP, gpn, BBY, KO, LLY, MDT, TJX, MA, V, YUMC, and more...

All time lows:

Options watch: S&P 500 Implied Volatility (CBOE VIX) -near 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 -airlines,
Stocks on the move: APA, BYND, LK, TWLO, CPAH,

ibm, txn,

	M	T	W	T	F
Events:			China trade deal
Earnings:		IBM, NFLX	JNJ	INTC, PG

This week's charts:

$NYA -NYSE Composite -all time highs

(IWM) Small-caps -pulling back?

VIX -dropped!

AAPL continues to rally -with an ever expanding PE

Links...

10yr Interest Rates -steady

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 dropped, closing near 59.12

Gold dropped, closing near 1565 -holding above 1500!!

The US Dollar was up a bit, closing near 97.04

The 30 year Bond was down closing near 157.68

News:

Stock Market update Jan 12

The market hit new all time highs again (around 3280 on the SPX, and 29000 on the DOW), before pulling back a bit on Friday. Earnings kicks off next week with some of the big banks reporting. Gold also hit 1600 before pulling back a bit (a 7 year high). Oil pulled back.

The China trade agreement should finally be signed this week.
Later this month we should also have the signing of the other major trade agreement with Canada/Mexico.
Of course we also have the impeachment happening...

Dow falls amid lackluster jobs data after briefly topping 29,000 for the first time

AAPL, GOOGL, and others continued the strong rally to all time highs

Continuing concerns: The markets are at pretty extreme levels here...

Pops:

Drops:

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

S&P 500 chart -new all time highs, again (Link)
Pretty extended at this level -RSI divergence too

Bonds ...still in a short-term downtrend
Rates going higher -chart above (link)

New all time highs: AAPL, FB, MSFT, GOOGL, ADBE, CRM, BABA, ISRG, LK, SHOP, gpn, BBY, KO, LLY, MDT, TJX, MA, V, YUMC, and more...

All time lows:

Options watch: S&P 500 Implied Volatility (CBOE VIX) -near 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 kickoff with the banks...
Stocks on the move: APA, BYND, LK, TWLO, CPAH,

	M	T	W	T	F
Events:	JPM Health Care conf.		China trade deal
Earnings:		DAL, C, JPM, WFC	UNH BAC, GS,	CSX, TSM BK, MS,

Earnings Reports for the Week of Jan. 13-17

This week's charts:

$NYA -NYSE Composite -all time highs

(IWM) Small-caps -pulling back?

VIX -dropped!

AAPL continues to rally -with an ever expanding PE

Links...

10yr Interest Rates -steady

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 dropped, closing near 59.12

Gold dropped, closing near 1565 -holding above 1500!!

The US Dollar was up a bit, closing near 97.04

The 30 year Bond was down closing near 157.68

News:

Cramer’s week ahead: ‘This is a good moment for profit-taking’

Markets hit records as confidence rises and other news affecting your money in the week ahead

World Bank warns of global debt crisis following the fastest increase in borrowing since the 1970s

Apple hits all-time high after announcing record holiday App Store sales

4 tech companies are worth about $1 trillion. Here's the best long term bet

Facebook, Tesla and Netflix comebacks show how investors can overreact to headlines and miss out

Boeing's biggest supplier lays off 2,800 workers because of 737 Max production suspension

Is It Time to Sell Advanced Micro Devices Stock?

Hedge fund manager Bill Ackman delivers 58.1% return for investors in 2019

401(k)s Have Reached Their Expiration Date

Gold prices just hit a 7-year high — here’s what you need to know about investing in precious metals

Gold surges above $1600 but leaves the miners behind

Stock Market update Jan 5th

The market hit new all time highs again (around 3250 on the SPX), before pulling back on Friday on news of the killing of a noted Iranian General. Bonds, Gold & Oil rallied on the news as well.
Next week marks the first full week of trading for the new year. We'll see how markets react to this Middle East development. Later this month we should have the signing of two major trade agreements, one with China, and the other with Canada/Mexico.

The S&P 500 closed 2019 with a 29% gain, after the big pullback in late 2018.

TSLA continued its strong rally

Continuing concerns: The markets are at pretty extreme levels here...

Pops:

Drops: INCY