Stock Market update

Stock Market update -Mar 2

This week we had the largest weekly drop in the markets history! Carnage everywhere. The FAANNGs held up better than most others, keeping the Nasdaq 100 from dropping to the lows seen in the other indexes. Most of the blame went to the global coronavirus outbreak.
We could see continued breakdowns as it continues to spread, but also because of the economic damage inflicted so far. Looking for a possible bounce this week...

The 30 year Bond rallied again, with yields dropping to its lowest ever in history!
Oil dropped, as did Gold. Bonds rallied!

Wall Street is wondering if the Fed can heal a coronavirus-stricken stock market that just saw $4.3 trillion in value vanish over the past 7 sessions

Market concerns: Coronavirus...

Pops: NVAX

Drops: everything!

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

S&P 500 chart -Crashed back down to the early Oct lows! (Link)
The nightly Fed Repo injections started in early Oct, so we gave it all back!

Bonds ...in an uptrend
Rates keep going lower -AGAIN -chart (link)

10yr rates pic

New all time highs: ZM -lonely list!

All time lows: lots... many Energy related companies too

Options watch: S&P 500 Implied Volatility (CBOE VIX) -skyrocketed!

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, DIS, FB, MU, NFLX, NVDA, ROKU, TSLA...

Stocks on the move: NVAX

Next week: Earnings from more Retailers, among others

Earnings Reports for the Week of Feb. 24-28

	M	T	W	T	F
Events:					Jobs report
Earnings:		TGT, ROST, VEEV	DLTR, ZM	COST

This week's charts:

$NYA -NYSE Composite -crashed back down to the June lows!

(IWM) Small-caps -ditto!

Links...

10yr Interest Rates -still dropping

Labor Force Participation Rate (10 year chart)

Fear & Greed Index

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

Commodities/Futures (charts):

Crude Oil tanked, closing near 45.26

Gold dropped, closing near 1587 -now dropping back below 1600!!

The US Dollar was down a bit, closing near 98.05

The 30 year Bond was up again, closing near 170.09 -now at its lowest yield ever!

News:

Stock Market update -Feb 23

We finally got a small pullback this week, after the recent rally. More earnings next week, along with continued concern about the CoronaVirus in China. The Bond rally could be a concern going forward...

The 30 year Bond rallied, with yields dropping to its lowest ever in history!
Gold surged to a 7 year high!
TSLA saw a big rally again this week, now approaching $1000...

Oil rallied a bit, as did Gold & Bonds

Morgan Stanley Gains E-Trade's Individual Investors As Wall St. Traders Lose Mojo

Market concerns: Coronavirus...

Pops: DPZ, DBX, ETFC, S, SPCE,

Drops: TRUE,

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

S&P 500 chart -small pullback (Link)
Still pretty extended at this level

Bonds ...in an uptrend
Rates keep going lower -chart (link)

New all time highs: CCI, COST, DE, DG, DLR, HD, KO, WEN -odd list

All time lows: ABEV, GRPN, DO, TRUE

Options watch: S&P 500 Implied Volatility (CBOE VIX) -rising

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, DIS, FB, MU, NFLX, NVDA, ROKU, TSLA...

Stocks on the move: GNPX, SPCE, S, & more

Next week: Earnings from Retailers, among others

Earnings Reports for the Week of Feb. 24-28

	M	T	W	T	F
Events:
Earnings:	HPQ, PANW	AMT, HD, M, SPCE	LOW, SQ, TJX, WEN	BIDU, BBY, TTD	FL

This week's charts:

$NYA -NYSE Composite -back up near the highs

(IWM) Small-caps -weaker than the other indexes -almost up to the highs...

Links...

10yr Interest Rates -still dropping

Labor Force Participation Rate (10 year chart)

Fear & Greed Index

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

Commodities/Futures (charts):

Crude Oil was up, closing near 53.46

Gold was up, closing near 1645 -now holding above 1600!!

The US Dollar was up a bit, closing near 99.21

The 30 year Bond was up, closing near 165 -now at its lowest yield ever!

News:

Gold prices surge to 7-year high, and other news affecting your money in the week ahead

US government fines Wells Fargo $3 billion for its 'staggering' fake-accounts scandal

Richard Branson launches his luxury, adults-only cruise ship

Apple warns on revenue guidance due to production delays, weak demand in China...

Broadly strong dollar drives yen to 10-month low

Stock Market update -Feb 16th

Another week, another rally, another all time high! We could see yart another rally next week into the Monthly Options expiration, maybe pushing the SPX aver 3400... maybe even DOW 30000! Why not...

Oil rallied a bit, as did Gold. Bonds mostly unchanged.

NVDA popped on earnings, finally regaining the huge losses seen in 2018!
Canopy’s stock roars higher after better-than-expected earnings...

Market concerns: Coronavirus...

Pops:

Drops:

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

S&P 500 chart -new All time highs (Link)
Still pretty extended at this level

Bonds ...in an uptrend
Rates going lower -chart (link)

New all time highs: AMD, KO, MDLZ, NVDA, PYPL, TJX, SPCE, V, and more..

All time lows: CHK, ABEV

Options watch: S&P 500 Implied Volatility (CBOE VIX) -dropping

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

Stocks on the move: GNPX, SPCE, S, TMUS, WORK & more

Next week:

	M	T	W	T	F
Events:	PRESIDENTS DAY				Feb Options Expiration
Earnings:	,	, WMT

This week's charts:

$NYA -NYSE Composite -back up near the highs

(IWM) Small-caps -weaker than the other indexes -almost up to the highs...

VIX -dropping?

Links...

10yr Interest Rates -still dropping

Labor Force Participation Rate (10 year chart)

Fear & Greed Index

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

Commodities/Futures (charts):

Crude Oil was up, closing near 52.25

Gold was up, closing near 1587 -holding above 1500!!

The US Dollar was up a bit, closing near 99.02

The 30 year Bond was flat, closing near 162.47

News:

White House considering tax incentive for more Americans to buy stocks
Investors are flocking to bond funds in record numbers

Household debt jumps the most in 12 years, Federal Reserve report says

Stock Market update -Feb 9

We got a nice rally back to the top in the S&P 500 this week. We'll see if it holds up. Coronavirus continues to be an issue, and the market is still pretty extended at these levels.
Oil continues to be weak.

7 Earnings Reports to Watch Next Week More

Market concerns: Coronavirus...

Pops:

Drops: