Stock Market update Jul 26

The SPX was down a bit this week after taking out the Jun high. MSFT & TSLA both dropped a bit after reporting earnings. INTC crashed. This week we get most of the FAANG stocks reporting, along with a slew of other companies, along with a Fed meeting, and a possible new Covid stimulus announcement. The original benefits package expires this week.

Gold & Silver saw big moves up this week.

Covid cases continue to increase. 

What was up this week: 

What was down this week: INTC. TSLA also dropped a bit

Coronavirus live updates   Coronavirus maps

S&P 500 market crash recovery (chart) ...trying to hold the highs

High yield Corporate Bonds (HYG)  (2yr chart) 

Investment grade Corporate Bonds (LQD)  (2yr chart) 

Market concerns:  Coronavirus... Unemployment?

Pops:   

Drops:   

Over $25 Trillion in debt!  See Debt Clock on the left, or here... 

New all time highs:   AMD, NEE, SAM, TTWO, TSM -short list

All time lows:    

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

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, DIS, FB, MU, NFLX, NVDA, TSLA...

Stocks on the move:  

Next week:     

	M	T	W	T	F
EARNING:	BYND,	AMD, MCD, SBUX, V, EBAY	BA, FB, SHOP, PYPL	AAPL, AMZN, GOOGL, PG, GILD, EA. MA, COP	CAT, CVX, XOM, MRK,
Events:

This week's charts:

$NYA -NYSE Composite  -still below the Jun highs

 (IWM)   Small-caps -ditto

Links...

10yr Interest Rates  -still veery low

Labor Force Participation Rate (use 4 year chart) 

Fear & Greed Index  

ETFs - Ranked by  Volume
S&P 500 Sector performance -

Commodities/Futures (charts):  

Crude Oil  was flat, closing near 43

Gold was up, closing over 1900 -now over $1900!

The US Dollar was down, closing near 94

The 30 year Bond was up, closing near 181

News:

7 Earnings Reports to Watch Next Week

Key earnings releases for the week of July 27