Stock Market update -Mar 27th

The market took a breather this week after the recent huge rally. Next week we have the Fed on Tuesday, and the monthly Jobs report on Friday. I expect we'll rally or hold at these levels through the end of the quarter.



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

Next week:  Economic reports,  Monthly Jobs report on Friday 

Earnings:        

This week's charts:

Another casualty in the Energy space (LINE)...

Links...
S&P 500 -powerful rally!

CBOE VIX 
10yr Interest Rates -
Labor Force Participation Rate (10 year chart)
Fear & Greed Index

Commodities/Futures (charts):

Natural Gas was down a bit, closing near 1.81

Crude Oil was up and back down, closing near 39.59

Gold dropped, closing near 1216

The 30 year Bond dropped a bit, closing near 163.03

The US Dollar was up,  closing near 96.16

NEWS:

BofA warns 'profit recession' will hurt rally
The dollar is back in the driver's seat
The nagging problem with the stock market’s rebound
The market is about to lose its leader: Traders
iPhone SE review: today’s tech, yesterday’s design
Legendary former Intel CEO Andy Grove is dead at 79

Stock Market update -Mar 20th

Stocks rose for a 5th week, bringing some indexes back to breakeven or better for the year. As I mentioned last week, this rally could continue into the end of this 1st quarter -then we get earnings. If previous rallies are any indication (last October looks identical), we could see the market roll over again.  You Are Here

The Dollar dropped, and Commodities rallied as a result.

FDX, ADBE, and ORCL popped on earnings

New all time highs:   ADBE, AEP, AVGO, ED, HPE, HON, ROST, SYY, TJX, UNH, XEL  and more...
All time lows:  ...
Pops:   TFM, FDX    Drops:  VRX 
Mergers/Deals:  
Apollo Buys The Fresh Market in a $1.3 Billion Cash Tender Offer 
Chinese firm snatches Starwood from Marriott

Next week:  Economic reports,  Short trading week (Good Friday)

Earnings:      NKE reports on Tue  

This week's charts:

Valeant train wreck...

Links...
S&P 500 -powerful rally!

CBOE VIX 
10yr Interest Rates -
Labor Force Participation Rate (10 year chart)
Fear & Greed Index

Commodities/Futures (charts):

Natural Gas was up a bit, closing near 1.89

Crude Oil was up again, closing near 39.35

Gold was up a bit, closing near 1256

The 30 year Bond was up, closing near 163.21

The US Dollar dropped again,  closing near 95.07

NEWS:

Dow, S&P end green for 2016 as health care, financials lead

S&P 500 Turns Positive Amid A Renewed Rally By Stock Mutual Funds

Think the rally will last? Don’t hold your breath

Eyes on the dollar with stocks out of the hole

Profit Margins Tumble To Lowest In Four Years... And It's Not Just Oil's Fault
"Nobody Is Making Money" - Hedge Fund "VIP Basket" Obliterated, Plunges To Record Low

Nike just brought 'Back to the Future' into reality

What to expect at Monday's Apple event
Apple Needs a New Reason for You to Buy an iPad

Apple signs up to Google Cloud services

Moody’s: Pension Funding Likely to Get Worse Before It Gets Better

Stock Market update -Mar 13th

The market rallied on Friday, taking out the high from the previous week, with the SPX closing over 2000. Oil continued to rise. Bonds dropped. Gold dropped on Friday.

Looks like this rally could continue a while longer into the end of the quarter, maybe up to around 2060 on the SPX.

New all time highs:    CPB, DG, GIS, HPE, NDAQ, PM, SMG, SYY, TSN, ULTA, XRAY
All time lows:  ...
Pops:       Drops:   
Mergers/Deals:   

Next week:  Economic reports,  Fed meeting, Options & Futures Expiration -3rd Qtr

Earnings:         ORCL on Tue   

This week's charts:

Links...
S&P 500 -powerful rally!

CBOE VIX 
10yr Interest Rates -
Labor Force Participation Rate (10 year chart)
Fear & Greed Index

Commodities/Futures (charts):

Natural Gas was up, closing near 1.80

Crude Oil was up again, closing near 38.49

Gold dropped a bit, closing near 1251

The 30 year Bond dropped, closing near 161.03

The US Dollar dropped,  closing near 96.20

NEWS:

Stocks surge more than 1% to post 4-week win streak
We are Going Higher in the SP 500 Index (Video)
Market Preview, Big Week
Facebook Gearing up to Overtake Google in Video
Yahoo to slash jobs and close web properties in major turnaround plan
Stocks Make the Move: Hedging Strategies for Longs in E-minis, Crude Oil and Gold

Stock Market update -Mar 6th

The rally continued this week, blowing right past the 50MA, catching many bears by surprise! In my opinion though, the 'new all time high' list doesn't really show any of the true leaders, so we'll see how long it lasts. Options expiration in March could end up with the S&P 500 surprising everyone to the up-side, and with Bonds surprising to the down-side! No one knows, but being aware helps to position yourself...

Gold continued to rally, as did Oil. Bonds were down.
Gold equities in a 6 week rally (GDX, GDXJ, and individual stocks) -might be ready to take a break?

New all time highs:    GIS, NDAQ, NLSN, RAI, SWHC, SYY
All time lows:  ...
Pops:   CHK, HPE    Drops:   
Mergers/Deals:   

Next week:  Economic reports, 

Earnings:          DG, SHAK, LOCO  

This week's charts:

Links...
S&P 500 -powerful rally!

CBOE VIX 
10yr Interest Rates -
Labor Force Participation Rate (10 year chart)
Fear & Greed Index

Commodities/Futures (charts):

Natural Gas dropped again, closing near 1.67

Crude Oil was up again, closing near 36.33

Gold was up again, closing near 1260

The 30 year Bond dropped, closing near 162.37

The US Dollar mostly flat,  closing near 97.23

NEWS:

Dow closes at 2-month high after jobs
Saut: Look for stocks to march higher
Weekend Reading: Is The Bear Market Over Already?
Investing like a billionaire has never been easier — or harder
Cramer: Untangling the IRA, 401(k) Roth mystery
Cramer: What made the bulls run like crazy

Facebook now among the top 20 most widely held stocks
Apple's slide has already begun
Sports Authority is bankrupt and closing 140 stores
Gold rebounds on weaker equities, shrugs off U.S. data
Gold futures just marked the best start to a calendar year—ever
BlackRock Suspends ETF Issuance Due To "Surging Demand For Gold"
China tries to reassure on economy, cuts growth target

Stock Market update -Feb 28th

The rally continued this week, putting us now at a prior resistance level, so we'll have to see if it breaks through or turns back down.

We got a nice bounce in Gold equities, as well as some commodities. Natural Gas is flirting with the lows. Bonds dropped a bit. Some more earnings next week, and we have the Jobs report on Friday which could move markets...

New all time highs:    CBP, EW, EL, DPZ, FISV, NDAQ, RSG, KMB,  
All time lows:  ...
Pops:   BIDU CRM JCP HLF    Drops:  WTW 
Mergers/Deals:   

Next week:  Economic reports, Monthly Jobs report on Friday

Earnings:            

MON - 
TUE - DLTR
WED -COST
THU -AMBA
FRI -SPLS

This week's charts:

S&P 500 -will this bounce hold?

CBOE VIX 
10yr Interest Rates -
Labor Force Participation Rate (10 year chart)
Fear & Greed Index

Commodities/Futures (charts):

Natural Gas dropped again, closing near 1.79

Crude Oil was up, closing near 32.78

Gold dropped a bit, closing near 1220

The 30 year Bond dropped a bit, closing near 165.62

The US Dollar was up again,  closing near 98.13

NEWS:

Stocks end mixed but higher for week; transports post 6-week win streak
Stuff Keeps Getting Cheaper

This is why Apple is at war with the feds
Apple is done, say teens
Trade of Decade or Value Trap? Emerging Markets Debate Heats Up

Stock Market update -Feb 21st

We finally got a nice bounce in the market this week. Lets see if it will hold. The short-term chart shows us to be in a down-trend, so this may just be a temporary bounce. Crude Oil rallied, while Bonds dropped a bit.

New all time highs:    HON, RSG, SYY, TSN, 
All time lows:  ...
Pops:        Drops:   
Mergers/Deals:   

Next week:  Economic reports, More Earnings next week -Retailers... 

Earnings:            

MON - AGN
TUE -DLTR, HD, M, ODP
WED -HPQ, LOW, CRM, TGT
THU -BBY, BIDU, DPZ, GG, PANW
FRI -FL

More Earnings Next Week 2/22 – 2/26

This week's charts:

Stock Indexes 15 years -Barchart.com	Sectors 15 years -Barchart.com

S&P 500 -will this bounce hold?

CBOE VIX 
10yr Interest Rates -
Labor Force Participation Rate (10 year chart)
Fear & Greed Index

Commodities/Futures (charts):

Natural Gas dropped, closing near 1.80

Crude Oil was up a bit, closing near 29.72

Gold dropped a bit, closing near 1226

The 30 year Bond was mostly unchanged, closing near 166.62

The US Dollar was up,  closing near 96.60

NEWS:

U.S. stocks post best weekly gains of 2016
The worst quarter for earnings since 2009
Cramer game plan: Retail earnings ready to run
Prepare For Financial and Economic Crisis, Expected to Last Until 2020

Apple to issue $10 billion to $12 billion of bonds to finance share buybacks, dividends
Apple Analysis (Video)
Tough times at Walmart

Stock Market update -Feb 14th

Stocks dropped then regained some ground on Friday. Maybe we'll get some temporary relief from the selling next week. On Thursday the S&P 500 dropped for a third time to the Aug lows, followed by a big rally on Friday. This could produce a nice bounce once again from these lows, keeping in mind that we are still in an overall down-trend. 

Markets are closed on Monday. It's also Options expiration week for February.

Nikkei down 11% this week

SCTY plunged, BA also dropped

CSCO and GRPN rallied, as did Gold and Gold Miners

Biggest gain in Gold in several years

New all time highs:   HRL, K 
All time lows:  DYN, FEYE, NMBL, 
Pops:   GLD, GOLD     Drops:   
Mergers/Deals:  

Next week:  Economic reports, More Earnings next week... Options Expiration on Friday

Earnings:            

MON - 
TUE -
WED -NEM
THU -WMT
FRI -

This week's charts:

S&P 500 -bounce?

CBOE VIX 
10yr Interest Rates -
Labor Force Participation Rate (10 year chart)
Fear & Greed Index

Commodities/Futures (charts):

Natural Gas was mostly unchanged, closing near 1.9

Crude Oil dropped, closing near 29.44

Gold rallied again, closing near 1238

The 30 year Bond was up yet again, closing near 166.5

The US Dollar dropped,  closing near 95.98

NEWS:

Week ahead could decide whether that was the bottom
Recession might be in the cards, if history's a guide: Analyst
This is the biggest thing scaring markets

$12.3 trillion of QE has added up to...this?
Negative creep: The negative-rates club is growing. But there is a limit to how low rates can go

Stock Market update -Feb 7th

The market seemed to reverse course again this week, with some of the big tech names getting hit pretty hard. Weak employment numbers on Friday didn't help. Gold rallied strong this week, while Bonds were also up.

We could see the SPY reach down to the Jan/Aug lows again, though there doesn't seem to be much bad news out there. Maybe some Europe or Japan news? A bounce would be nice though...

FB dropped, after the big earnings rally last week!
GOOGL rallied on earnings too, but then gave it all back!
AMZN dropped further, as did GPRO, and CRM, and COP
NFLX closed below the Aug low!

LNKD tanked after reporting earnings, as did DATA

New all time highs:   EW, TSN, 
All time lows:  DATA, FEYE, NWSA
Pops:        Drops:   DATA, LNKD
Mergers/Deals:  

Next week:  Economic reports, More Earnings next week... Fed testimony next week also...

Earnings:            

MON - 
TUE -CVS, DIS, KO, PNRA
WED -CSCO, TWTR
THU -ATVI, PEP, TSLA
FRI -

This week's charts:

S&P 500 -next move???

CBOE VIX 
10yr Interest Rates -
Labor Force Participation Rate (10 year chart)
Fear & Greed Index

Commodities/Futures (charts):

Natural Gas dropped, closing near 2.06

Crude Oil dropped, closing near 30.89 

Gold rallied again, closing near 1157

The 30 year Bond was up yet again, again, closing near 163.25

The US Dollar dropped,  closing near 97.05

NEWS:

Friday: Nasdaq sheds 3% amid massive tech sell-off
Investors dump stocks, scoop up bonds for 5th straight week
Why the rout could continue in the week ahead
America's earnings recession deepens

De-FANGed: These stocks are in free fall
Google, the World's Most Valuable Company, Seeks Cloud Dominance
Public Housing Getting Google Fiber for Free
APPLE: THE WORST-CASE SCENARIO — 2016
Apple's Arrogance Exposed As Controversial Error 53 Bricks iPhones
Forget Apple vs. Samsung. There's no stopping China in the smartphone war

Rising U.S. layoffs hint at ebbing labor market momentum
Citi: World economy seems trapped in 'death spiral'
Is It Time To Panic About Deutsche Bank?
China FX reserves fall almost $100B to lowest since May 2012
Venezuela flirts with default, could be worse than Argentina