Stock Market update

Stock Market update -Dec 15

The market rallied again on Thu, Fri on the new China trade agreement & the Fed nothing announcement, hitting new all time highs once again. We also had the impeachment hearings, and the British elections.

U.S.-China Trade Deal Phase 1 Is Here; December Tariffs Are Scrapped

House Judiciary Committee Approves 2 Articles Of Impeachment Against Trump

INVESTORS RUN FROM STOCKS AT RECORD PACE -biggest withdrawals on record

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

Pops: CIEN

Drops:

Over $23 Trillion in debt! See Debt Clock on the left, or here...

S&P 500 chart -new all time highs (Link)

Bonds ...still in a downtrend

New all time highs: AAPL, ADBE, AMGN, FAST, JPM, MA, MSFT, NKE, TSM, SMH, USB

All time lows: DBX

Options watch: S&P 500 Implied Volatility (CBOE VIX) -popped this week

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: Quiet week?
Stocks on the move: FCX, CIEN, CHWY

Earnings... FDX, MU, NKE

This week's charts:

$NYA -NYSE Composite -Back up to all time highs

(IWM) Small-caps -Back up to near recent breakout highs!

VIX -dropped this week

AAPL continues to rally -with an ever expanding PE

Links...

10yr Interest Rates -still low

Labor Force Participation Rate (10 year chart) -trending up

Fear & Greed Index

ETFs - Ranked by YTD % Change -or by Volume
S&P 500 Sector performance

Commodities/Futures (charts):

Crude Oil was a bit higher, closing near 59.78

Gold was also higher, closing near 1480 -still below 1500!

The 30 year Bond was higher as well, closing near 158.09

The US Dollar was a bit lower, closing near 97.20

News:

Leading US Indexes Close Higher Friday and for the Week of Dec. 13
Path is clear for a year-end rally with key hurdles like the trade war removed

Cramer’s week ahead: China trade deal let’s us focus on some big earnings reports

Trump halts new China tariffs and rolls back some of the prior duties on $120 billion of imports

Boris Johnson And Conservative Party Win Large Majority In U.K. Parliament

Adobe’s stock jumps to record close as investors cheer cloud transition

Stock Market update -Dec 8

This week we saw the first drop in the recent rally on Mon/Tue, only to recover almost all the losses by the end of the week. We got a strong Jobs number on Fri which helped move the market even higher. This week we have the last Fed meeting on Wed, along with some events in Europe & Great Britain. We also have the upcoming tariff deadline.
With the recent top being challenged this week, we could see another test of that new upside resistance level now.

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

Pops: ULTA

Drops:

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

S&P 500 chart -2 months of new highs -interrupted this week (Link)

Bonds ...still in a downtrend

New all time highs: AAPL. JPM, NKE, GOOGL, DOCU, LULU, RH, SYY, USB, BAM, MPW, VICI

All time lows: TLRY

Options watch: S&P 500 Implied Volatility (CBOE VIX) -popped this week

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: Fed meeting
Stocks on the move: AKS, CLDR, KOD, PCG, SHOP, ULTA...
Earnings...

This week's charts:

$NYA -NYSE Composite -Back up to near all time highs

(IWM) Small-caps -Back up to near recent breakout highs!

VIX -popped this week

Links...

10yr Interest Rates -still low

Labor Force Participation Rate (10 year chart) -trending up

Fear & Greed Index

ETFs - Ranked by YTD % Change -or by Volume
S&P 500 Sector performance

Commodities/Futures (charts):

Crude Oil was higher, closing near 59.07

Gold was down, closing near 1464 -still below 1500!

The 30 year Bond was down, closing near 157.65

The US Dollar was down, closing near 97.66

News:

Dow closes more than 300 points higher after strong jobs report

Jobs growth soars in November as payrolls surge by 266,000

Traders Are Already Bracing for a Wild Week Ahead

Robots in Finance Could Wipe Out Some of Its Highest-Paying Jobs

Larry Page steps down as CEO of Alphabet, Sundar Pichai to take over

Amazon wants to crush Intel Xeon and AMD Epyc with new Graviton2 chips

Lululemon could be the next Nike, Cowen says

Stock Market update -Dec 1st

Nice rally recovery this week! Even the Small-caps (IWM) finally broke out from the loong trading range where it has been stuck all year! We could see further upside action on this one to catch up to the Oct 2018 high.. No real feel for market direction next week, though with this veery extended rally, a pullback would not be surprisng...

Charles Schwab To Buy TD Ameritrade, Creating Brokerage Behemoth

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

Pops: BBY, DKS

Drops: DLTR

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

S&P 500 chart -2 months of new highs (Link)

Bonds ...still in a downtrend

New all time highs: ADSK, BAM, FISV, RH, ROST, TECD, -odd list again -no big leaders
All time lows:

Options watch: S&P 500 Implied Volatility (CBOE VIX) -sitting near the lows!

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
Stocks on the move: CLVS DKS NTNX SPLK...
Earnings... CRM

This week's charts:

$NYA -NYSE Composite -higher this week -Back to the Jan 2018 high!

(IWM) Small-caps -FINALLY BROKE OUT!

VIX -popped a bit this week

Links...

10yr Interest Rates -still low

Labor Force Participation Rate (10 year chart) -trending up

Fear & Greed Index

ETFs - Ranked by YTD % Change -or by Volume
S&P 500 Sector performance

Commodities/Futures (charts):

Crude Oil was lower, closing near 55.42

Gold was up, closing near 1470 -still below 1500!

The 30 year Bond was down a bit, closing near 159.12

The US Dollar was unchanged, closing near 98.17

News:

The Look Ahead: November 29, 2019

Opinion: 4 reasons why this bull market in stocks will keep going in 2020
Retail's Woes to Continue: Hundreds More Stores Will Close in 2020

Intel is losing against AMD

FAA says it again: Boeing’s 737 Max is not ready for certification
Tesla CEO Musk Says Company Has Received 250,000 Cybertruck Orders

Disney+ Launch Marks The End Of Netflix Streaming Domination

Black Friday pulls in a record $7.4 billion in online sales, as many turn to mobile orders

Bitcoin sinks to lowest level since May, falling $3,000 in a month as China accelerates crackdown

China wants rollback of tariffs in phase one trade deal with US, Chinese state media says

Stock Market update Nov 24th

We did get the pullback I mentioned last week -let's see how far it goes now. This is a short trading week, and last year around this time we saw the beginning of a huge drop, into the Christmas holiday. A similar occurrence would be unusual in my opinion.

The small-caps continue to lag.

Bonds & Oil were up; Gold mostly unchanged.

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

Pops: TGT,

Drops: KSS

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

S&P 500 chart -starting to pull back (Link)

Bonds ...still in a downtrend

New all time highs: AMGN, CVNA, EQH, LK, LULU, MMC, USB, VRTX -odd list!

All time lows: SPCE

Options watch: S&P 500 Implied Volatility (CBOE VIX) -sitting at the lows!

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...

This week's charts:

$NYA -NYSE Composite -starting to pull back

(IWM) Small-caps -still struggling within the 2019 range...

VIX -near multi-year lows!

Links...

10yr Interest Rates -still low

Labor Force Participation Rate (10 year chart) -trending up

Fear & Greed Index

ETFs - Ranked by YTD % Change -or by Volume
S&P 500 Sector performance

Commodities/Futures (charts):

Crude Oil was unchanged, closing near 57.93

Gold was flat, closing near 1461 -back below 1500!

The 30 year Bond was up, closing near 159.84

The US Dollar was up, closing near 98.20

News:

Investors are left to wonder if the stock market rally is resting or rolling over

Charles Schwab Is Buying TD Ameritrade for $26 Billion, Report Says

Here’s Why AMD Stock Is Better Than NVIDIA

Target shares surge after company crushes earnings and rases forecast

Cannabis stocks soar across the board as historic House vote lures investors back to battered sector

Stock Market update -Nov 17

New all time highs once again! We've had a really huge rally since early October, so it wouldn't be surprising to see it slowdown or pullback before long. But now the 3025 level should act as support, whereas it offered resistance before. Time will tell. We get earnings reports from more retailers this week...
The small-caps continue to lag.

Bonds were up, as well as Gold & Oil.

Continuing concerns: Still keeping an eye on 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)

Bonds ...still in a downtrend

New all time highs: AAPL, AMAT, DIS, MSFT, GOOGL, EW, VRTX, FISV, GPN MDT, LK, LRCX, WMT, SYY

All time lows: TLRY

Options watch: S&P 500 Implied Volatility (CBOE VIX) -back to the lows!

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...

HD, LOW, FL, ROST, TJX, TGT

This week's charts:

$NYA -NYSE Composite -new all time highs

(IWM) Small-caps -still struggling within the 2019 range...

VIX -near multi-year lows!

Links...

S&P 500 -

10yr Interest Rates -still low!

Labor Force Participation Rate (10 year chart)

Fear & Greed Index

ETFs - Ranked by YTD Percent Change
S&P 500 Sector performance

Commodities/Futures (charts):

Crude Oil was up, closing near 57.93

Gold was flat, closing near 1468 -back below 1500!

The 30 year Bond was up, closing near 158.40

The US Dollar was down, closing near 97.85

News:

Dow tops 28,000 for first time, capping 4-week win streak
Disney stock jumps, Netflix slips amid news that Disney+ pulled in 10 million subscribers in one day
Expedia stock suffers worst day yet as Google threat hits travel websites

10 High-Quality, High-Growth Stocks to Buy

The stock market warning that everyone is overlooking

Nike won't sell directly to Amazon anymore

4 major cannabis companies reported disappointing earnings this week...
Aurora Cannabis stock suffers worst day in more than five years

Stock Market update -Nov 10

New all time highs! We are holding up above the recent tops on the SPX (around 1025) for the second week now, so we have finally broken above the trading range that was established months ago, after touching the top 3 times! The only index still lagging is the small-caps (IWM).
Most of the big earnings reports are now behind us.

Bonds dropped again, as well as Gold & Oil was flat.

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

Pops:

Drops: