Stock Market update -Apr 14th

The market rallied again this week, with a pop in the Financials on Friday as JPM & WFC reported earnings. Still approaching the all time highs near 2940 on the S&P500, as we get more bank earnings this week, along with some techs. We'll probably see more upside as it tries to take out the all time high...
Short trading week -Good Friday

Bonds dropped again, while Oil and Gold were flat.

Continuing concerns:  Still keeping an eye on DB, Europe, Brexit, China

LYFT IPO drifted lower all week
DIS popped on their streaming announcement
Chevron to buy Anadarko Petroleum in a $33 billion cash and stock deal

Pops:   APC, DIS
Drops:   , 

Over $21 Trillion in debt! See Debt Clock on the left, or here...



S&P 500 performance chart, (9 months -Link)
Shooting for the all time high!


New all time highs:    AVGO, ACN,  ADI, ADP, DIS, DWDP, FAST, MSFT, MCD, PYPL, SBUX, V, XLNX, YUM and more...
All time lows:   -- DF

Options watch:   S&P 500 Implied Volatility -dropped again...  (CBOE VIX)

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, FB, MU, NFLX, NVDA, TSLA

Next week:   
Earnings:    
M:  C, GS
T:   NFLX, IBM, BAC, CSX, JNJ, UNH
W:  MS, PEP
T:   AXP
F:   Good Friday


This week's charts:



$NYA -NYSE Composite (link)  

 (IWM)   Small-caps are still weak


Links...
S&P 500 - big rally from the bottom now approaching all time highs!
Gold was flat, closing near 1293
The 30 year Bond dropped again, closing near 146.84
The US Dollar  was flat to down, closing near 96.55

News:

Jeff Bezos warns Amazon will have ‘multibillion-dollar failures’
‘How about paying your taxes?’—Walmart responds to Amazon’s challenge over pay
Analysts don’t know what to make of Uber’s $100 billion valuation


Stock Market update -Apr 7th

The market rallied nicely this week, and is now approaching the all time highs of 2940ish on the SPX. The next catalyst that might determine whether we breakout to new all time highs. or break down at resistance, will be the upcoming earnings, starting with a couple of banks on Friday.

Bonds dropped, while Oil rallied some more, and Gold was flat.

Continuing concerns:  Still keeping an eye on DB, Europe, Brexit, China

TSLA dropped on production misses
BA rallied

Pops:   
Drops:   WBA, 

Over $21 Trillion in debt! See Debt Clock on the left, or here...



S&P 500 performance chart, (9 months -Link)
Shooting for the all time high!


New all time highs:    ADI, AMT, ACN, APH, FAST, COST, DG, MCD, LULU, SBUX, and more...
All time lows:   --DF

Options watch:   S&P 500 Implied Volatility -dropped again...  (CBOE VIX)

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, FB, MU, NFLX, NVDA, TSLA

Next week:   Monthly Jobs report on Friday
Earnings:    
M:
T:
W:  DAL
T:  FAST
F:  JPM WF PNC


This week's charts:



$NYA -NYSE Composite (link)  

 (IWM)   Small-caps are still weak


Links...
S&P 500 - big rally from the bottom now approaching all time highs!
Gold was flat, closing near 1295
The 30 year Bond dropped, closing near 148
The US Dollar  was flat, closing near 96.98

News:
Stocks post 2nd straight weekly gain as strong jobs data, trade deal hopes boost sentiment
Job Gain Points To A US Economy Slowing But Hardly Stalling