Stock Market Update -Sep 13

The selling continued this week, mostly in the Nasdaq 100, now down around 10% after the selling from the past 2 weeks. Looks like September is off to a rough start. Not unexpected though, given the huge non-stop rally we've seen recently. The selling kinda kicked off after the AAPL & TSLA stock splits, and the huge rally ahead of the splits.

Gold was up a bit, Oil was flat.  Bonds were up. 

What was up this week:  , 

What was down this week: 

Coronavirus live updates   Coronavirus maps

S&P 500 March market crash V recovery (chart) ...Dropped again

High yield Corporate Bonds (HYG)  (2yr chart) -still hanging in near the top 

Investment grade Corporate Bonds (LQD)  (2yr chart) -not as strong

Market concerns:  Coronavirus... Unemployment? 

Pops:   

Drops:   

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

New all time highs:   

All time lows:    

Stocks on the move:  

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...

Next week:     bby, dg, crm, panw

	M	T	W	T	F
EARNING:		ADBE, FDX	, , ,		,
Events:

This week's charts:

$NYA -NYSE Composite  -pulling back with the rest of the market

 (IWM)   Small-caps -ditto

Links...

10yr Interest Rates  -still veery low

Labor Force Participation Rate (use 4 year chart) -rebounding

Fear & Greed Index  

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

Commodities/Futures (charts):  

Crude Oil  dropped a bit, closing near 37.25

Gold was up, closing  around 1948 -back under 2000!!

The US Dollar was flat, closing near 92.65

The 30 year Bond was up a bit, closing near 176.70

News:

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Stock Market update -Sep 6

 We got yet another huge rally early in the week, only to be followed by the worst drop we've seen in 3 months. No surprise... a correction was expected by those that follow the charts. Now we wait to see where it goes next...

AAPL & TSLA split, both followed by a small rally, then a pullback.

Gold was flattish, Oil dropped.  Bonds were up a bit. 

What was up this week:  , 

What was down this week: 

Coronavirus live updates   Coronavirus maps

S&P 500 market crash V recovery (chart) ...1st real drop since early June

High yield Corporate Bonds (HYG)  (2yr chart) -hanging in near the top 

Investment grade Corporate Bonds (LQD)  (2yr chart) -this one's been dropping

Market concerns:  Coronavirus... Unemployment? 

Pops:   

Drops:   

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

New all time highs:   ??none of significance!

All time lows:    

Stocks on the move:  

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...

Next week:     bby, dg, crm, panw

	M	T	W	T	F
EARNING:		, ,	, , ,		,
Events:

This week's charts:

$NYA -NYSE Composite  -pulled back with the rest of the market

 (IWM)   Small-caps -ditto

Links...

10yr Interest Rates  -still veery low

Labor Force Participation Rate (use 4 year chart) -rebounding

Fear & Greed Index  

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

Commodities/Futures (charts):  

Crude Oil  dropped, closing near 38.88

Gold dropped again, closing  around 1939 -back under 2000!!

The US Dollar was down a bit, closing near 92.85

The 30 year Bond was mostly flat, closing near 175.5

News:

Stock Market update -Aug 23

The SPX was mostly flat this week, closing just above the all time high from last Feb. Time will tell whether we see a double top in this area, or a continued rally! 

TSLA & AAPL rallied yet again!

Gold & Silver tried to rally, but pulled back again.

Bonds were up a bit. Oil was flat.

What was up this week:  AAPL, TSLA

What was down this week: 

Coronavirus live updates   Coronavirus maps

Forty percent of U.S. Covid-19 tests come back too late to be clinically meaningful, data show

Covid-19 death tolls... World: 800,000   US 175,000

S&P 500 market crash V recovery (chart) ...now back above 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:   AAPL, BBY, COST, DHI, LEN, DE, JD, NVDA, TSLA, CP, PG, SQ, ZM, ZS. more

All time lows:    

Stocks on the move:  

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...

Next week:     bby, dg, crm, panw

	M	T	W	T	F
EARNING:		, ,	, , ,		,
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

Labor Force Participation Rate (use 4 year chart) -rebounding

Fear & Greed Index  

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

Commodities/Futures (charts):  

Crude Oil  was flat, closing near 42.25

Gold dropped again, closing  around 1947 -back under 2000!!

The US Dollar was up a bit, closing near 93.20

The 30 year Bond was up, closing near 179.78

News: