Stock Market update: November 2020

Stock Market update -Nov 29

The market rallied this week to close at new all time highs once again! The small-caps continue to be strong too. The gains this November will set a market record!

Dow Surges Past 30,000 Points For 1st Time In Historic Milestone

S&P 500 closes at another record Friday, gains 2% on week

Black Friday traffic in stores craters 52% during pandemic as e-commerce sales surge

TSLA continued to push higher on the back of being included in the S&P500 -now with a PE ratio of 1120 and a market-cap of $550 billion!!

Crude oil rallied, while Gold tanked, possibly at a support level here, just under 1800.

Bitcoin had a mini crash on Thanksgiving day, but recovering so far.

The Nikkei (Japan) saw a huge rally this month.

The Dollar keeps dropping, and is now at the level seen on Sep 2nd (the prior stock market top), possibly offering some support here?

Bonds seem to be wanting to move back up.

What was up this week:

What was down this week: Bitcoin

Coronavirus live updates Coronavirus maps

The U.S. Passes 4 Million Cases in November Alone, Doubling October’s Tally

S&P 500 -holding well above the market highs seen before Covid (chart)

High yield Corporate Bonds (HYG) (2yr chart) -huge 3 week move -all time highs

Investment grade Corporate Bonds (LQD) (2yr chart) -ditto

Market concerns: Coronavirus... Unemployment...

Over $27 Trillion in debt! See Debt Clock on the left, or here...

New all time highs: AMAT, BILI, COST, CRSP, ETSY, ENPH, MRNA, NET, TSLA, TGT, TMUS, PINS, SQ, and more...

All time lows:

Stocks on the move:

Options watch: S&P 500 Implied Volatility (CBOE VIX) -low end of the range

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:

	M	T	W	T	F
Earnings:	ZM	CRM,		DOCU, DG, ULTA
Events:

This week's charts:

TSLA -now at a 1160 PE :)

IWM -small-caps -huge Nov rally

US Dollar/S&P 500 correlation

$NYA -NYSE Composite -almost back to the Feb high

(IWM) Small-caps -new all time highs!

Links...

10yr Interest Rates -rising?

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 up, closing near 45.52

Gold dropped again, closing around 1790

The US Dollar was down a bit, closing near 91.83

The 30 year Bond was up, closing near 175.03

News:

Fox Business: Dow, S&P 500 head for best November since 1928

MarketWatch: The Russell 2000 has had a powerful November — and the gains aren’t over

3 Stocks You Can Keep Forever | Nasdaq

Congress stalled on stimulus talks and time is running out as millions face a ‘benefits cliff’

Disney increases layoffs to 32,000 amid coronavirus pandemic

Of the best 10 ETFs for 2020, five are ARK ETFs; what's their secret?

Black Friday online shopping surged over 21 percent amid the pandemic
Bitcoin Slides 11% This Week as What Goes Up Comes Down

Stock Market update Nov 22

More sideways movement in the market this week... The small-caps though gapped up on Sunday night and held the highs.

Bitcoin saw a huge rally, now approaching the prior all time high.

What was up this week:

What was down this week:

Coronavirus live updates Coronavirus maps

U.S. Passes 12 Million Covid-19 Cases

S&P 500 March market crash V recovery (chart) -holding up

High yield Corporate Bonds (HYG) (2yr chart) -holding near all time highs

Investment grade Corporate Bonds (LQD) (2yr chart) -ditto

Market concerns: Coronavirus... Unemployment?

Over $27 Trillion in debt! See Debt Clock on the left, or here...

New all time highs: AMAT, BILI, CL, LRCX, PLTR, ROKU, TGT, XPEV, UBER, YUMC, ZEN & more

All time lows:

Stocks on the move:

Options watch: S&P 500 Implied Volatility (CBOE VIX) -low end of the range

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:

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

This week's charts:

Strong Bitcoin rally!

$NYA -NYSE Composite -almost back to the Feb high

(IWM) Small-caps -new all time highs!

Links...

10yr Interest Rates -rising?

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 up, closing near 42.49

Gold dropped a bit, closing around 1870

The US Dollar was down a bit, closing near 92.25

The 30 year Bond was up, closing near 174.22

News:

Opinion: The Dow has completely recovered its 2020 bear-market loss. Here’s what comes next

Jim Cramer’s week ahead: Start of a ‘seasonally strong period’ for stocks

Regeneron antibody ‘cocktail’ wins emergency-use authorization from FDA

Tesla stock jumps on carmaker’s addition to the S&P 500

Amazon opens online pharmacy, shaking up another industry

Apple to pay $113 million over deliberately slowing down iPhones

Gene experts claim they identified human genes that can protect against Covid-19

Stock Market update Oct 31st

Another down week for the markets, making it 3 in a row, before the election next week. We got earnings for the big tech companies this week, mostly with some downside reactions.

Next week we could be in for some added volatility because of the elections -we'll see. The S&P500 is now at a potential support level where it could head in either direction.

Tech earnings took a dark turn this week with warnings about the coronavirus and election

Dow closes more than 150 points lower as Wall Street posts its worst one-week sell-off since March