Stock Market update -May 26th

Another down week, making it 3 in a row now from the recent all time high. We are pretty much at a support level near 2800, so we could see a bounce soon. Concerns remain about China trade & tariffs. We saw some of the retailers drop after reporting earnings.

Oil dropped, while Bonds continue to move up.
Gold may be trying to find a bottom in this area.

TSLA continued its slide from December
JWN dropped on earnings

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

Pops:   TGT
Drops:    JCP, JWN, KSS, LOW

Over $22 Trillion in debt! See Debt Clock on the left, or here...



S&P 500 performance chart, (9 months -Link)
Still dropping from the all time high


New all time highs:    AEP, CMS, NEE, AMT, FIS, GPN, ROKU,  PGR,  SO, WP, WM
All time lows:   -CLDR

Options watch:   S&P 500 Implied Volatility -holding up...  (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:    Uber, COST, DG

This week's charts:

$NYA -NYSE Composite  -never made it back to the Oct high!

 (IWM)   Small-caps -ditto...


Links...
S&P 500 - dropped again this week!
Gold dropped too, closing near 1284
The 30 year Bond was up again, closing near 151.21
The US Dollar  was mostly flat, closing near 97.44

News:
The stock market would be much lower if it weren’t for companies buying back their own shares


Stock Market update -May 19th

The market dropped a bit again this week, the second week in a row after returning to the all time high. Concerns remain about China trade & tariffs.

BIDU, DE dropped on earnings
TSLA continued its slide from December
AAPL dropped as well

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

Pops:   
Drops:    

Over $22 Trillion in debt! See Debt Clock on the left, or here...


S&P 500 performance chart, (9 months -Link)
Dropped from the all time high


New all time highs:    AFL, COST, CMS, NEE, ROKU, SBUX, OKTA, PEP, XEL, 
All time lows:   -- 

Options watch:   S&P 500 Implied Volatility -RISING...  (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:    More Retailers

This week's charts:



$NYA -NYSE Composite  -trying to rally!

 (IWM)   Small-caps are still weak


Links...
S&P 500 - dropped again this week!
Gold was flat, closing near 1277
The 30 year Bond was up a bit, closing near 149.50
The US Dollar  was up, closing near 97.82

News:



Stock Market update -Apr 21st

The market was up a bit this week on very light volume. Next week we get earnings from some of the big Tech names... Looks like the SPX is still trying to get to the all time high we saw in October, and its very close -maybe this week. Small-caps dropped, and continues to be weak (IWM).

NFLX erarnings was a non event. IBM dropped a bit.
UNH and other Health Care stocks dropped.

Gold dropped, while Oil and Bonds were flat.

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

PINS & ZM IPOs did well.

Pops:   
Drops:   ISRG, 

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, COST, DIS,  FAST, HON,  LULU, MA, MSFT,  MCD, NKE,  PEP, PG, UNP, WM.  WEN, YUM & more

All time lows:   -- TRVG

Options watch:   S&P 500 Implied Volatility -flat...  (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:  
T:   KO, LMT, PG, TWTR,  TXN, UTX, V
W:  BA, CAT, CMG, FB, MSFT, T
T:   AMZN, INTC, MMM, SBUX, 
F:    DB, CVX, XOM, 


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 down, closing near 1276
The 30 year Bond was flat, closing near 146.84
The US Dollar  was up a bit, closing near 97.12

News: