Stock Market update -Aug 16

The SPX rallied a bit further this week, now finally just about at the all time high from last Feb. Time will tell whether we see a double top in this area, or a continued rally! 

TSLA rallied after announcing a 5:1 stock split

Gold & Silver pulled back this week.
Bonds were down a bit. Oil was flat.

What was up this week:  TSLA
What was down this week: 

Coronavirus live updates   Coronavirus maps
Covid cases continue to increase (now over 5 million)  
Forty percent of U.S. Covid-19 tests come back too late to be clinically meaningful, data show

Covid-19 death tolls... World: 762,441

USA…171,535
Brazil…106,571
Mexico…55,293
India…49,134
UK…41,358
Italy…35,234
France…30,406
Spain…28,617



S&P 500 market crash V recovery (chart) ...now pretty much back at the all-time highs


High yield Corporate Bonds (HYG)  (2yr chart) -small pullback this week 
Investment grade Corporate Bonds (LQD)  (2yr chart) -ditto



Market concerns:  Coronavirus... Unemployment? 
Pops:   
Drops:   

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


New all time highs:   AMAT, BBY, CMI, DG, KLAC, SEDG, TGT, WSM -odd list
Options watch:   S&P 500 Implied Volatility  (CBOE VIX) -continuing to pull back!
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...


Next week:     
MTWTF
EARNING:JDHD, WMT, NVDA, LOW, TGT, BABA, 
Events:





This week's charts:



AAPL & TSLA stocks to split


$NYA -NYSE Composite  -just took out the Jun highs
 (IWM)   Small-caps -ditto



Links...
10yr Interest Rates  -still veery low
ETFs - Ranked by  Volume
S&P 500 Sector performance -

Crude Oil  was up a bit, closing near 42.23
Gold dropped, closing  around 1953 -back under 2000!!
The US Dollar was unchanged, closing near 93.11
The 30 year Bond was down again, closing near 177.75

News:
Posted by 123Trader 0 comments

Stock Market update -Aug 9

 The SPX had a nice gap up and rally on Monday morning (a regular occurrence now), followed by more rallies the rest of the week. Seems like its headed back up to the all time high from last Feb (before the virus hit), in spite of the huge hit to the economy, GDP, and employment levels.





Gold & Silver rallied some more this week.
Bonds were flat. Oil was up a bit.

What was up this week:  AAPL, AMD, UPS, FDX
What was down this week: 

Coronavirus live updates   Coronavirus maps
Covid cases continue to increase (now over 5 million) -the US death toll is now over 162,000. 



S&P 500 market crash recovery (chart) ...now trying to reach the all-time highs


High yield Corporate Bonds (HYG)  (2yr chart) -approaching all time highs 
Investment grade Corporate Bonds (LQD)  (2yr chart) -waaay beyond all time highs!



Market concerns:  Coronavirus... Unemployment? 
Pops:   
Drops:   

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


New all time highs:   AMD, FB, FAST, NVDA, TMUS, TTD, UNH, UPS,  W, Z,  and more...

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


Next week:     
MTWTF
EARNING:CGC, RCL, , CSCO, AMAT, 
Events:





This week's charts:

UPS delivers!


$NYA -NYSE Composite  -still below the Jun highs
 (IWM)   Small-caps -ditto



Links...
10yr Interest Rates  -still veery low
ETFs - Ranked by  Volume
S&P 500 Sector performance -

Crude Oil  was up a bit, closing near 41.22
Gold was up, closing  around 2028 -now over 2000!!
The US Dollar was unchanged, closing near 93.41
The 30 year Bond was down a bit, closing near 181.60

News:


Posted by 123Trader 0 comments

Stock Market update -Aug 2

The SPX was up a bit this week after blowout earnings from the big tech companies on Thursday. The Nasdaq 100 still didn't make it back to the Jul 13 top, in spite of the blowout tech earnings. We also had a horrendous GDP report this week... worst since 1921 maybe. Next week we get the monthly Jobs report.




Gold & Silver saw big moves up this week.
Bonds continue to climb! (lower rates)

What was up this week:  AAPL, AMD, QCOM, UPS  Gold & Bitcoin
What was down this week: 

Coronavirus live updates   Coronavirus maps
Covid cases continue to increase -the US death toll is now over 155,000. 




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


High yield Corporate Bonds (HYG)  (2yr chart) -weekly rally continues
Investment grade Corporate Bonds (LQD)  (2yr chart) -ditto. All time highs!



Market concerns:  Coronavirus... Unemployment? Hong Kong flareup?
Pops:   
Drops:   

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


New all time highs:   AAPL, AMD, FB, CHGG, DOCU, ETSY, CHD, DLR, FAST, INFY, LOW, QCOM, TWLO, and more

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


Next week:     
MTWTF
EARNING:, DIS, SQ, 
, 
Events:


Monthly JOBS report


This week's charts:


Some of the market leaders vs SPX & the Feb top


$NYA -NYSE Composite  -still below the Jun highs
 (IWM)   Small-caps -ditto



Links...
10yr Interest Rates  -still veery low
ETFs - Ranked by  Volume
S&P 500 Sector performance -

Crude Oil  was down a bit, closing near 40.43
Gold was up, closing over 1994 -approaching 2000
The US Dollar was down a bit, closing near 93.42
The 30 year Bond was up, closing near 182.43

News:


Posted by 123Trader 0 comments
Subscribe to: Posts (Atom)