Stock Market update Oct 25th

The market drifted down a bit this week, with uncertainty about a 2nd round of stimulus, and the upcoming election. Next week we get big tech earnings along with others -could be another rollercoaster, especially with elections coming the following week.

7 Earnings Reports to Watch Next Week

Gold was sideways too. Oil and  Bonds dropped a bit.
What was up this week:  SNAP
What was down this week: 




S&P 500 March market crash V recovery (chart...pulling back?

High yield Corporate Bonds (HYG)  (2yr chart) -indecision?
Investment grade Corporate Bonds (LQD)  (2yr chart) -ditto



Market concerns:  Coronavirus... Unemployment? 
Over $25 Trillion in debt!  See Debt Clock on the left, or here... 

New all time highs:   DNKN, DHR, PINS, SNAP, UNH, 
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:TWLOCAT, MRK, LLY, PFE
AMD, MSFT, 
BA, UPS
MA, V, PINS, ETSY, GILD
FB, AAPL, AMZN, GOOGL, TWTR, SBUX, ATVIABBV, CVX, XOM
Events:

AM: SHOP


This week's charts:




$NYA -NYSE Composite  -pulled back this week!
 (IWM)   Small-caps -ditto



Links...
Gold was flat, closing  around 1903 -back over 1900!!
The US Dollar was down, closing near 92.71
The 30 year Bond was down, closing near 172.62

News:

Stock Market update Oct 18th

 Another Sunday night/Monday rally, followed by a pullback, as we closed out the October monthly expiration cycle. We may be pulling back from a high again, after we saw the first pullback on Sep 2nd.

Gold was up slightly, as was Oil.  Bonds were rangebound. 

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




S&P 500 March market crash V recovery (chart...pulling back?

High yield Corporate Bonds (HYG)  (2yr chart) -pulled back a bit
Investment grade Corporate Bonds (LQD)  (2yr chart) -ditto



Market concerns:  Coronavirus... Unemployment? 
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:     
MTWTF
EARNING:IBMNFLX, TRVBIIB, CMG, TSLAINTC, KO
Events:





This week's charts:




$NYA -NYSE Composite  -pulled back this week!
 (IWM)   Small-caps -ditto



Links...
10yr Interest Rates  -still veery low
Gold was up, closing  around 1907 -back over 1900!!
The US Dollar was down, closing near 93.90
The 30 year Bond was down, closing near 175.90

News:


Stock Market update Oct 4th

We did get a bounce this week, though we gave it back on Friday, on learning that the President had contracted the Covid-19 virus. We'll see what next week brings. Lost in the news flow on Friday was the monthly Jobs report, which actually came up short! 

We are still in a downtrend from the Sep 2nd high, and if it continues we could see it get down to near the 200MA level around 3100 (250 points from here).

Gold was up, Oil was down.  Bonds dropped. 

What was up this week:  BBBY 
What was down this week: 




S&P 500 March market crash V recovery (chart...small bounce so far

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



Market concerns:  Coronavirus... Unemployment? 
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:     
MTWTF
EARNING:
, , , 
Events:





This week's charts:




$NYA -NYSE Composite  -held up well this week!
 (IWM)   Small-caps -ditto



Links...
10yr Interest Rates  -still veery low
Gold was up, closing  around 1907 -back over 1900!!
The US Dollar was down, closing near 93.90
The 30 year Bond was down, closing near 175.90

News:


Stock Market update Sep 27

Another see-saw week, as we dropped earlier in the week, then recovered on Friday. The indexes have been in a downtrend since Sep 2nd, after the AAPL & TSLA split and the market exuberance that came with it! We could be at a decent 'support' level here, and may see some kind of a rebound from this drop.

Gold was down, Oil was down.  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) -dropped 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... 


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

Crude Oil  dropped a bit, closing near 40.04
Gold was down, closing  around 1864 -back under 1900!!
The US Dollar was up, closing near 94.64
The 30 year Bond was up, closing near 177.12

News: