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:
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:
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
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: bby, dg, crm, panw
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 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:
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