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:
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:
Over $25 Trillion in debt! See Debt Clock on the left, or here...
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:
$NYA -NYSE Composite -pulling back with the rest of the market
(IWM) Small-caps -ditto
Links...
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:
Posts
No comments:
Post a Comment