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:
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:
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