Stock Market update -Jan 24th

The markets plummeted earlier in the week, then reversed course on Wednesday, followed by a strong rally on Thursday, giving us the first positive week for the year! We'll how far it goes next week, as we get a barrage of earnings, as well as a Fed meeting and a number of other global events.

I think we could see a volatile year in stocks as Oil, Currencies, and debt/credit worries linger... there's a lot of debt out there!


Oil had a nice rally -right after the Jan futures contract expired! Coincidence?
AXP dropped after earnings

New all time highs:   -
All time lows:  
Pops:  USO        Drops:     AXP, IBM
Mergers/Deals:  

Next week:  Economic reports, Big Earnings week! Fed meeting...
Earnings:            
MON -HAL, MCD
TUE -DD, FCX, JNJ, MMM, PG, S, T -AAPL
WED -BA, UTX, QCOM  -FB
THU -AMGN, BMY, CELG, CAT, F, BABA, UA, V  -AMZN, MSFT
FRI -CL, CVX, MA

This week's charts:


... So we finally made it to the Aug low, and bounced ...
How high will it go? Maybe 38 - 50%... we'll see


S&P 500 -we bounced off the August low...
Gold was mostly unchanged, closing near 1098
The 30 year Bond was up again, closing near 158.84
The US Dollar was up,  closing near 99.58

NEWS:
Earnings Preview:...
Oil's negative grip on stocks could be challenged
Alphabet Close to Overtaking Apple as Most Valuable Company
Facebook and Google Are Sucking Up Ad Dollars From Everyone Else...

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Stock Market update -Jan 17th

Stocks continued to drop for a second week, showing the worst performance ever in history for the start of a new year!



China's Haier buys GE's appliance unit for $5.4 billion
Microsoft finally kills support for Windows 8. It's the end of an error

INTC dropped after reporting earnings
Walmart to close 269 stores, shut down 'Express' format
Goldman Sachs Will Pay $5 Billion To Settle Financial-Crisis Claims
GoPro shares hit all-time low
Arch Coal files for bankruptcy, hit by mining downturn

New all time highs:   
All time lows:  
Pops:          Drops:    INTC, SRPT 
Mergers/Deals:  

Next week:  Economic reports, First big week of Earnings!
Earnings:            
MON -
TUE -BAC, IBM, MS, NFLX, UNH
WED -GS
THU -AXP, ISRG, LUV, SBUX, TRV, VZ
FRI -GE
This week's charts:

S&P 500 -heading for the August low?
CBOE VIX 
10yr Interest Rates -
Labor Force Participation Rate (10 year chart)
Fear & Greed Index

Commodities/Futures (charts):
Natural Gas was down, closing near 2.09 
Crude Oil dropped again, closing near 29.70 -now below $30!
Gold dropped, closing near 1088
The 30 year Bond was up again, closing near 159.15
The US Dollar was up a bit,  closing near 98.98


NEWS:
Stocks close down 2% after hitting a near 15-month low on oil rout
These are risks for markets in week ahead
Here's why we haven't hit a bottom yet
Bear market is here—expect another 15% plunge: Technician
A recession worse than 2008 is coming
Mutual funds riskier than ETFs: BlackRock CEO Fink

Cramer: Don't bother buying. It's capital preservation time
Cramer: Market oversold—start picking these stocks
Cramer: How I knew to buy before the big rebound
Cramer: Mea culpa! I was wrong on these 2 stocks

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Stock Market update -Jan 10th

2016 started on a very ugly note with the market down all week, sparked by huge drops in China's stock market. We appear to be headed back to the August lows, a drop that was also sparked by actions in China! We could also start to see more volatility in Currency markets this year.

The monthly Jobs report on Friday came in better than expected. Oil continued to drop, while Gold is showing some strength. Bonds are rising too!

The S&P 500 is showing lower highs and lower lows since early November -that's the definition of a downtrend.

Dow closes down triple digits as stocks end one of worst first weeks ever
NFLX rallied this week and continues to hold up
The Financials pulled back (XLF)
CMG continued to slide
GPS, GPRO, and FOSL continued to slide, among others
WMT rallied and showed a short reversal this week
AAPL closed under $100 -my take on Apple: they are a 1 trick pony (iPhone), in a highly competitive market. Its only a matter of time before sales and margins get squeezed.
Macy's announced layoffs and store closings


New all time highs:   nothing of any significance!
All time lows:  FEYE, FDC, RACE, SDRL, TWTR
Pops:          Drops:     
Mergers/Deals:  

Next week:  Economic reports, Earnings kickoff!
Earnings:            
MON -
TUE -
WED -
THU -INTC, JPM, 
FRI -C, WFC

This week's charts:


... Small-caps & Transportation leading us down ...

S&P 500 -heading for the August low?
CBOE VIX 
10yr Interest Rates -
Labor Force Participation Rate (10 year chart)
Fear & Greed Index

Commodities/Futures (charts):
Natural Gas was up, closing near 2.47 
Crude Oil dropped again, closing near 32.88 -approaching $30!
Gold rallied, closing near 1104
The 30 year Bond was up, closing near 156.59
The US Dollar was down a bit,  closing near 98.46

NEWS:
After dreadful week, stocks look for reason to bounce
S&P 500 'in a world of pain' so sell any rally: Technician
This isn't like 2008—but a correction IS coming
Soros: It's the 2008 crisis all over again
Nearly half of U.S. stocks are in a bear market

5 Stocks That Destroyed Shareholders This Past Week
Apple stock plunges below $100. Next stop: $65?
Q4 Earnings Season Takes the Spotlight
China Finds $3 Trillion Just Doesn't Pack the Punch It Used To
Something 'massive' is happening in the economy: Pal


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Stock Market update -Jan 3rd

We closed out 2015 pretty much flat on the S&P500! The Small-caps (IWM) had a loss of around -5%, while the Nasdaq 100 had a nice gain (mainly due to stocks like FB, AMZN, NFLX, and GOOGL). Gold had a loss of around -10%, while the Dollar showed some gains.

FB was up nicely for the year
AMZN was up nicely for the year
NFLX was up nicely for the year
GOOGL was up nicely for the year
ATVI was up nicely for the year
Dow stocks GE, MCD, NKE, V, also up nicely for the year

AXP, CAT, IBM, WMT were Dow losers for the year
AAPL, also a Dow stock, was up earlier in the year, but ended the year at a loss
TWTR had a big loss, as did CHK, FCX, FOSL, KORS, WFM, USO, UNG, and others

2016 could be the year we see GOOGL overtake AAPL with the largest market cap in the world!



New all time highs:   SIX, 
All time lows:  SDRL,
Pops:          Drops:     
Mergers/Deals:  

Next week:  Economic reports, 
Earnings:            
MON -
TUE -
WED -MON
THU -
FRI -

This week's charts:

... 2015 performance ...

S&P 500 -downtrending
Gold was down, closing near 1060
The 30 year Bond was down, closing near 153.44
The US Dollar was up,  closing near 98.76

NEWS:
2015 year in review: The S&P 500’s winners and losers
5 Best-Performing Stocks That Shielded the S&P 500 in 2015
The 15 best financial infographics of 2015
Top growth stocks to buy in 2016
Facebook is Most Popular Mobile App for 2015

Is YouTube Really Worth Twice as Much as Netflix Inc?
Amazon Poised to Grab Even More Market Share
Does Google Stock Have Room Left to Grow in 2016? 
Why is the media so afraid of Facebook?
Star Wars just made 2015 the biggest year in US box office history
The Truth Comes Out: "This Is The Worst Global Dollar GDP Recession In 50 Years"


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Stock Market update -Dec 27th

The market clawed its way back up this week to recoup some of the losses from the prior week, but the overall trend since early November still remains to the down-side. With another short trading week coming, along with light volume, I don't expect anything to change. We'll see what next year brings as earnings reports kick off in January.

Gas prices dropped below $2 per gallon, even with Oil making a slight rebound. We have yet to see the fallout from lost jobs and bankruptcies in the energy space.

HAPPY NEW YEAR!


New all time highs:  KR, MCD, 
All time lows:  
Pops:          Drops:     
Mergers/Deals:  

Next week:  Economic reports, End of the year!
Earnings:            

This week's charts:






... 2015 performance ...

S&P 500 -downtrending?
CBOE VIX 
10yr Interest Rates -
Labor Force Participation Rate (10 year chart)
Fear & Greed Index

Commodities/Futures (charts):
Natural Gas was up, closing near 2.04 -nice rally
Crude Oil rallied, closing near 38.12 -nice rally this week
Gold was up, closing near 1075
The 30 year Bond was down a bit, closing near 155.06
The US Dollar was down a bit,  closing near 98.04

NEWS:
Stocks close mixed, post best week since November
It’s time to take money off the table: Louise Yamada
Economy not ‘normal’ despite steady progress in 2015
Why YouTube Is Twice as Valuable as Netflix
Facebook, Google apps reign over 2015
Google Partners With Ford To Build Autonomous Cars

4 Stocks to Buy (and What to Sell) to Outperform the Market in 2016
'Star Wars: The Force Awakens' makes $1 billion in a record 12 days
Jim Cramer -- Nike Is a Victim of Its Success
Man who called Apple’s fall now sees this

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Stock Market update -Dec 20th

The market rallied ahead of the Fed meeting on Wednesday, then gave it all back on Thursday and Friday, dropping back below last Friday's low, as well as the mid-November lows. We continue to be in a slow downtrend since the big October rally.

Oil prices continue to drop, affecting markets worldwide.



New all time highs:  CUBE, 
All time lows:  KMI & lots of energy names..
Pops:          Drops:     
Mergers/Deals:  

Next week:  Economic reports,
Earnings:            

This week's charts:

...

S&P 500 -going lower still?
CBOE VIX 
10yr Interest Rates -
Labor Force Participation Rate (10 year chart)
Fear & Greed Index

Commodities/Futures (charts):
Natural Gas was down, closing near 1.76 -holding near all time lows!
Crude Oil dropped, closing near 34.73 -it's now well below $40!
Gold was down, closing near 1065  
The 30 year Bond was down a bit, closing near 156.37
The US Dollar was up,  closing near 98.72

NEWS:
Dow drops more than 350, stocks lower for week as oil slides
Global stocks fall on global growth worries, dollar slips
Oil at multi-year lows, precious metals firm after Fed hike

Here's what's so troubling about Apple: Technician
Apple's Tim Cook calls tax criticism 'political crap' on '60 Minutes'
Cramer: Apple has taken a beating. Still worth it?
Cramer: Be skeptical of any upward market moves
The Fed hike will hit these two currencies

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Stock Market update -Dec 13th

The market gave up some ground this week and fell below the mid-November lows -not a good sign . Looks like we could be closing out the year with zero gains, though the Fed announcement next week could change that -the chart action doesn't look good though. We've struggled all year but made no gains so far. Bonds were up a bit sending rates lower!

Oil fell to a 7 year low, helping to send equity markets lower too. Natural Gas also hitting lows!



New Highs/New Lows -dropping below Zero this year!


New all time highs:  ADBE?, SWHC, 
All time lows:  lots of energy names..
Pops:          Drops:     
Mergers/Deals:  Dow Chemical and DuPont announced a merger.

Next week:  Economic reports, Watch for the big Fed Interest Rate announcement on Wednesday!
Earnings:            

This week's charts:


A tale of 2 stocks! AMZN vs WMT


Junk Bonds
...

S&P 500 -going lower still?
CBOE VIX 
10yr Interest Rates -falling!
Labor Force Participation Rate (10 year chart)
Fear & Greed Index

Commodities/Futures (charts):
Natural Gas was down, closing near 1.98 -near all time lows!
Crude Oil dropped, closing near 35.36 -it's now well below $40!
Gold was down, closing near 1073  
The 30 year Bond was up, closing near 157.43 
The US Dollar dropped,  closing near 97.57

Does this tell us something??

NEWS:
Dow closes down about 300, S&P off nearly 2% as oil slumps
Claims rise to 5-month high, trend still favorable ...(unemployment)
The Next Leg Of The Junk Bond Crisis: Third Avenue "Focused Credit Fund" Liquidates, Gates Redemptions
Third Avenue junk fund blowup exposes risks of unsellable assets

Walmart Pay Takes on Apple, Google
Facebook ready to tackle the workplace
Yahoo reverses course on plan to spin off Alibaba stake
Three huge challenges facing Apple in 2016
Robot surgery: Google's Verily to give doctors superhuman precision

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Stock Market update -Dec 6th

The market was down this week, but recovered everything with a big rally on Friday. Seems like traders liked the Jobs report, and maybe the ECB action too. The Dollar dropped, along with Bonds (and Oil, on OPEC). Gold rallied, as did the Euro, catching traders off guard. This has been a very difficult and unpredictable market to trade.

Don't be surprised to see the market rally above 2100 on the S&p500 into the year end. The Small-caps probably have the most to gain if there is a rally. Gold & miners (GDX, GDXJ) seem to be in rally mode for now too.


New all time highs:  KR, LUV, MCD, TSN, ULTA, COST, CH, XRAY, ALK, ADSK, NTES, CLX, HRL...  
All time lows:  GPRO, FEYE, DYN, KMI, NRG, SDRL, 
Pops:          Drops:     
Mergers/Deals:  

Next week:  Economic reports,
Earnings:    ADBE, TOL,          

This week's charts:

...

S&P 500 -heading back up to 2100?
CBOE VIX -falling
10yr Interest Rates -rising?
Labor Force Participation Rate (10 year chart)
Fear & Greed Index

Commodities/Futures (charts):
Natural Gas was down a bit, closing near 2.18 -near all time lows!
Crude Oil dropped, closing near 40.14 -heading below $40?
Gold was up, closing near 1085 -what happened to 1000! 
The 30 year Bond was down a bit, closing near 155.12 
The US Dollar dropped,  closing near 98.28

NEWS:
Stocks surge 2% to close higher for week after strong jobs, dovish Draghi (vid)
ECB disappoints markets with bare-minimum easing package
Google Adds 842 Megawatts of Green Energy to Power Data Centers
Mark Zuckerberg and Priscilla Chan to give away 99 percent of their Facebook stock, worth $45 billion


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