Stock Market weekend update -Nov 30th

The market continued to run up with the NASDAQ leading the way, though we saw a small drop on Friday. Lots of new all time Highs again...

Bonds have been creeping up. Oil dropped again this week.


New all time highs:   CELG, DAL, DIS, LUV, UAL, HD, K, M, MA, NKE, PEP, PG, TGT, TJX, DLTR, FDX, UPS, V, UNH, WFC, WMT, etc.
All time lows:   SD, PWE, PGH...
Pops:  WMT, retailers       Drops:   XOM, CVX, energy...

 Next week:  Economic reports,   Monthly Jobs report!
Earnings:     

This week's charts:
Natural Gas dropped a bit, closing near $4.1
Gold dropped, closing near 1175 -still under $1200!
The 30 year Bond was up  a bit, closing near 142.50
The US Dollar unchanged, closing at 88.40

NEWS:
Black Friday turns red as sales plunge: NRF
The concerning bond trend that could rule 2015
Can oil fall all the way to $40?
Nightmare day for oil stocks (vid)
WHO: Ebola Toll Leaps Higher to Nearly 7,000 in West Africa

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Stock Market Weekend Update -Nov 23rd

Another week, another record high in the markets (S&P500) -we have had a non-stop rally since mid-October! Lots of new all-time highs (below). We'll see what next week brings, but odds favor a pullback in the near future. Bonds have been holding up in spite of the stock rally. Gold continued to recover, in spite of a continued rally in the US Dollar.

The short-term trend is still 'up', so no reason to really be bearish until we see a change in this short-term trend.  Next week is a short trading week because of Thanksgiving.


New all time highs:   AAPL, ABBV, AMT, BRK.B, MDT, FL, FDX, LOW, ADSK, ROST, UNP, EEP, CSX, PEP, M, MMM, ESRX, STX, NKE, DG, DLTR, COV, COST, INTU, AMGN, ADM, V, and more...
All time lows:   --
Pops:     BBY, LOW, TGT, SPLS, PETM, ROST, WSM,    Drops:   GME, GMCR
Next week:  Economic reports,   
Earnings:     

This week's charts:
S&P 500 -more all time highs!
10yr Interest Rates
Labor Force Participation Rate (10 year chart)

Commodities/Futures (charts):
Crude Oil was up, closing at $76.51 -now heading back up?
Natural Gas was up, closing at 4.26
Gold was up, closing at 1198 -still under $1200!
The 30 year Bond was up  a bit, closing at 142
The US Dollar was up, closing at 88.40

Everything was up!

NEWS:
Stocks close up for the fifth week; Dow, S&P at records
Is a market top setting up?
5 Must-See Charts - views
Best Buy profit beats, sending shares higher
Ross Stores tops Street 3Q forecasts
Earnings Up 10.5% Last Quarter

Apple-backed Rockstar ends patent war on Android, deal suggests
Firefox dumps Google for Yahoo as default search engine
5 Best Android Phones to Buy This Holiday Season for Anyone


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Stock Market Blog -Nov 16th

The market was pretty much flat all week, though AAPL and AMZN rallied. Gold also rallied, while Oil dropped. The equity market may be getting tired here after this monster rally for the past month. We get earnings from a couple of retailers this week.

Implied Volatility in BABA is still high, so selling Credit Spread options might make sense here, in anticipation of a drop in IV.

And our National Debt is quickly approaching the $18 trillion mark -thats $18,000,000,000,000!
(see clock on the left)


New all time highs:   AAPL, ADSK, BRK.B, COST, CVS, GMCR, JWN, MAR, RHI, RCL, SYF, UAL, WMT
All time lows:   ANGI
Pops:        Drops:    , 
Next week:  Economic reports,   Fed minutes...
Earnings:     HD, TGT, BBY

This week's charts:
S&P 500 -hanging near all time highs!
10yr Interest Rates
Labor Force Participation Rate (10 year chart)

Commodities/Futures (charts):
Crude Oil was down again, closing at $75.48 -heading under $70?
Natural Gas was down, closing at 4.15
Gold was up, closing at 1185 -still under $1200!
The 30 year Bond was up, closing at 142.19
The US Dollar was down slightly, closing at 87.40

NEWS:
The surge is over, but this is what's up next for stocks
Oil prices collapse as OPEC stands back, while US booms


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Stock Market Blog -Nov 2nd

The market continued the huge rally this week, as the Dollar rallied and Gold plunged, thanks in part to the Bank of Japan announcing yet another stimulus program.

BABA reports earnings for the first time on Tuesday


New all time highs:   AAPL, AMGN, BIDU, CELG, CSX. DIS, GILD, HD, MA, MMM, MDT, LOW, NKE, TSO, UAL, UPS, V, and more!
All time lows:   AU, PWE
Pops:    GPRO, LNKD, MA, V    Drops:    FB,  TWTR, 
Next week:  Economic reports,   elections on Tuesday, ...monthly Jobs report on Friday!
Earnings:     
Mon -
Tue -BABA, CVS, KORS, PCLN
Wed -
Thu -DIS
Fri -

This week's charts:
S&P 500 -ALMOST A NEW ALL TIME HIGH!
10yr Interest Rates
Labor Force Participation Rate (10 year chart)

Commodities/Futures (charts):
Crude Oil was down again, closing at $80.33 -heading under $80!
Natural Gas rallied, closing at 4.04 -over $4
Gold dropped, closing at 1167 -back under $1200!
The 30 year Bond was down, closing at 141.25
The US Dollar was up again, closing at 87.30

NEWS:
Fed ends 6-year effort to stimulate economy (vid)
Alibaba stock bulls, bears load up before earnings
Google’s Expected $100 Billion Cash Pile Prompts Call for Dividend
Gold Extends Decline Toward Lowest Since 2010 as Silver Tumbles
.
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Stock Market Blog -Oct 26th

We got a big bounce this week in spite of some earnings disappointments (Nasdaq was up more than 5%!). Next week we have a Fed meeting, along with more earnings reports. We've seen gas prices drop, and mortgage rates come down as well.

The market rose sharply this week, so it's reasonable to expect a pause or pullback in the next week -catalysts could be the Fed meeting, earnings, or some unexpected news event like Europe or ebola...




Earnings drops:  AAPL, AMZN, CMG, IBM, KO, MCD, P, VMW
Earnings pops: CAT, MMM

New all time highs:   AAPL, AEP, ALXN, CELG, EW, FB, GILD, PG, LOW, MCO, MMM, ORLY, PANW, TRV, UNP,  UNH, etc.
All time lows:   ANGI
Pops:   EW, HOG   Drops:    AMZN, CMG, DDD, GPRO, KO, IBM, OCN YELP 
Next week:  Economic reports,  
Earnings:     
Mon -AMGN, CLF, MRK, STX, TWTR, UNH
Tue -BP, DD, FB, PFE, GILD, 
Wed -BIDU, KRFT, PSX, V
Thu -COP, CME, LNKD, NEM, SBUX
Fri -CLX, CVX, SNE, XOM

This week's charts:
S&P 500 -still dropping!
10yr Interest Rates
Labor Force Participation Rate (10 year chart)

Commodities/Futures (charts):
Crude Oil was down again, closing at $80.94 -heading under $80!
Natural Gas was down, closing at 3.60
Gold was down, closing at 1229 
The 30 year Bond was down, closing at 141.62 
The US Dollar was up a bit, closing at 85.71

NEWS:
Scariest day for market looms, and it's not Halloween
Apple Pay Face Challenge as CVS, Rite Aid Reject System
Amazon shares drop 13 percent on missed estimates

IRS changes the 401(k) rules for 2015
Oil could slide further, but where's the bottom?
Dilma Rousseff re-elected Brazilian president


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Stock Market Blog -Oct 19th

We saw a steep sell-off this week, with a small recovery toward the end of the week. The indexes have now crossed below the 200MA. The Bond market saw some volatility too as it spiked on Wednesday. Oil prices continued downward, while Gold was up a bit. Financial troubles in Europe seem to be stirring up again.

The S&P500 is obviously in a short term down-trend. We could see it bounce a little higher this week (maybe resistance around 1920), but that will probably be followed by a continuation of the down-trend. Earnings reports could be a catalyst for providing short term market direction, and this week we get lots of companies reporting -AAPL reports on Monday.

You can trade the Bond market using TLT or TBT, or OIL using USO, or Gold using GLD. For the overall market you can use SPY, QQQ, IWM, or for the down-side, SH, PSQ, or RWM.
-List of Inverse ETFs


New all time highs:     DPZ, EXR, MJN, REGN,
All time lows:   AU, MWW
Pops:    REGN     Drops:  NFLX, WMT 
Next week:  Economic reports,  
Earnings:     
Mon -AAPL, CMG, HAL, IBM, TXN, VFC
Tue -DFS, ISRG, KO, LMT, MCD, TRV, VZ, VMW, YHOO
Wed -BA, EMC, T
Thu -AMZN, CAT, CELG, GM, MMM, MSFT, UA, 
Fri -BMY, CP, F, PG, UPS

This week's charts:
S&P 500 -still dropping!
10yr Interest Rates
Labor Force Participation Rate (10 year chart)

Europe's troubles aren't over...

Commodities/Futures (charts):
Crude Oil was down again, closing at $82.75 -heading under $80!
Natural Gas was down, closing at 3.76
Gold was up, closing at 1239 
The 30 year Bond was up again, closing at 142.90 -another surprise!
The US Dollar was down a bit, closing at 85.21

NEWS:
S&P 500 posts longest weekly loss streak since 2011
Steep Sell-Off Spreads Fear to Wall Street
What could rock the markets in week ahead
How to play tech earnings next week: 'Fast' pros

Netflix: Anatomy of a disaster
It's baaack: $100 curse haunts Apple again
Fears That Pimco and Other Big Firms Could Be Unable to Unload Risky Bonds
The depressing truth behind the jobs 'recovery'


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Stock Market Blog -Oct 12th

The market continued to sell off this week, with large swings in both directions. Maybe we'll see a double bottom in the S&P500, and get a bounce next week, as we approach October Options expiration on Friday, and also approach a support level from the drop we saw in August. Earnings season begins next week, so we could see some added volatility.

Options Implied Volatility is at an elevated level, which presents an opportunity to sell premium.




New all time highs:     
All time lows:   
Pops:        Drops:  TSLA, 
Next week:  Economic reports,  Fed meeting minutes, 
Earnings:     
C, JPM, WFC

This week's charts:
Natural Gas was down a bit
Gold was up, finally -it made it back over 1200
The 30 year Bond was up -surprise!
The US Dollar was down a bit

NEWS:




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Stock Market Blog -Oct 5th

The market saw a big drop on Wednesday, then reversed on Thursday & Friday with a big rally, but ended the week lower! The unemployment rate dropped to 5.9% -not sure how meaningful that is though, because of the way it's calculated, and a lack of wage growth, and the continued weak participation rate.  Looking at the chart of the S&P500, the recent downtrend is still intact -we closed below the 50MA this week too.

The US Dollar continued to rocket higher, sending Gold lower still. Oil was down as well.



New all time highs:     AGN, COV, CCI, CP, GPN, HAIN, NKE, PANW, 
All time lows:   ANR, SDT, PWE
Pops:    EBAY     Drops:  , 
Next week:  Economic reports,  Fed meeting minutes, 
Earnings:     AA,  COST,  FDO, MON, PEP, YUM

This week's charts:
Natural Gas was unchanged, closing at 4.04
Gold was down, closing at $1192 -it made it under 1200!
The 30 year Bond was up, closing near 139.22
The US Dollar was up again, closing near 86.82 -strong rally!

NEWS:
EBay spinning off PayPal as separate company (vid)
Facebook Is Emerging As A Huge Engine For Driving E-Commerce Traffic...
HP to split into two companies, report says
Apple planning Oct. 16 iPad event - report
JPMorgan hack affected 76 million households, 7 million SMBs
Millions of Devices are Vulnerable to the Shellshock Bug
UPSET: Pro-Business Candidate Aecio Neves Makes Runoff In Brazilian Election


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