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:
Covid cases continue to increase (now over 5 million)
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:
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:
This week's charts:
AAPL & TSLA stocks to split
$NYA -NYSE Composite -just took out the Jun highs
(IWM) Small-caps -ditto
Links...
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:
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