Stock Market update Oct 4th

We did get a bounce this week, though we gave it back on Friday, on learning that the President had contracted the Covid-19 virus. We'll see what next week brings. Lost in the news flow on Friday was the monthly Jobs report, which actually came up short! 

We are still in a downtrend from the Sep 2nd high, and if it continues we could see it get down to near the 200MA level around 3100 (250 points from here).

Gold was up, Oil was down.  Bonds dropped. 

What was up this week:  BBBY 
What was down this week: 

Coronavirus live updates   Coronavirus maps
Concern over Trump’s condition remains high despite doctor reporting improvement




S&P 500 March market crash V recovery (chart) ...small bounce so far

High yield Corporate Bonds (HYG)  (2yr chart) -up this week 
Investment grade Corporate Bonds (LQD)  (2yr chart) -ditto



Market concerns:  Coronavirus... Unemployment? 
Over $25 Trillion in debt!  See Debt Clock on the left, or here... 

Options watch:   S&P 500 Implied Volatility  (CBOE VIX) -continuing to pull back!
ETFs SPY, IWM, QQQ, GLD, GDX, USO, XOP, VXX, XLF, XLE, FXI, EEM EWZ, 

Stocks AAPL, AMD, BAC, BABA, DIS, FB, MU, NFLX, NVDA, TSLA...


Next week:     
MTWTF
EARNING:
, , , 
, 
Events:





This week's charts:




$NYA -NYSE Composite  -held up well this week!
 (IWM)   Small-caps -ditto



Links...
10yr Interest Rates  -still veery low
Gold was up, closing  around 1907 -back over 1900!!
The US Dollar was down, closing near 93.90
The 30 year Bond was down, closing near 175.90

News:


Posted by 123Trader 0 comments

Stock Market update Sep 27

Another see-saw week, as we dropped earlier in the week, then recovered on Friday. The indexes have been in a downtrend since Sep 2nd, after the AAPL & TSLA split and the market exuberance that came with it! We could be at a decent 'support' level here, and may see some kind of a rebound from this drop.

Gold was down, Oil was down.  Bonds were up. 

What was up this week:  , 
What was down this week: 

Coronavirus live updates   Coronavirus maps




S&P 500 March market crash V recovery (chart) ...Dropped again

High yield Corporate Bonds (HYG)  (2yr chart) -dropped this week 
Investment grade Corporate Bonds (LQD)  (2yr chart) -ditto



Market concerns:  Coronavirus... Unemployment? 
Pops:   
Drops:   

Over $25 Trillion in debt!  See Debt Clock on the left, or here... 


Options watch:   S&P 500 Implied Volatility  (CBOE VIX) -continuing to pull back!
ETFs SPY, IWM, QQQ, GLD, GDX, USO, XOP, VXX, XLF, XLE, FXI, EEM EWZ, 

Stocks AAPL, AMD, BAC, BABA, DIS, FB, MU, NFLX, NVDA, TSLA...


Next week:     
MTWTF
EARNING:
, , , 
, 
Events:





This week's charts:




$NYA -NYSE Composite  -pulling back with the rest of the market
 (IWM)   Small-caps -ditto



Links...
10yr Interest Rates  -still veery low
ETFs - Ranked by  Volume
S&P 500 Sector performance -

Crude Oil  dropped a bit, closing near 40.04
Gold was down, closing  around 1864 -back under 1900!!
The US Dollar was up, closing near 94.64
The 30 year Bond was up, closing near 177.12

News:


Posted by 123Trader 0 comments

Stock Market Update -Sep 13

The selling continued this week, mostly in the Nasdaq 100, now down around 10% after the selling from the past 2 weeks. Looks like September is off to a rough start. Not unexpected though, given the huge non-stop rally we've seen recently. The selling kinda kicked off after the AAPL & TSLA stock splits, and the huge rally ahead of the splits.

Gold was up a bit, Oil was flat.  Bonds were up. 

What was up this week:  , 
What was down this week: 

Coronavirus live updates   Coronavirus maps




S&P 500 March market crash V recovery (chart) ...Dropped again


High yield Corporate Bonds (HYG)  (2yr chart) -still hanging in near the top 
Investment grade Corporate Bonds (LQD)  (2yr chart) -not as strong



Market concerns:  Coronavirus... Unemployment? 
Pops:   
Drops:   

Over $25 Trillion in debt!  See Debt Clock on the left, or here... 


Options watch:   S&P 500 Implied Volatility  (CBOE VIX) -continuing to pull back!
ETFs SPY, IWM, QQQ, GLD, GDX, USO, XOP, VXX, XLF, XLE, FXI, EEM EWZ, 

Stocks AAPL, AMD, BAC, BABA, DIS, FB, MU, NFLX, NVDA, TSLA...


Next week:     bby, dg, crm, panw
MTWTF
EARNING:
ADBE, FDX , , , 
, 
Events:





This week's charts:




$NYA -NYSE Composite  -pulling back with the rest of the market
 (IWM)   Small-caps -ditto



Links...
10yr Interest Rates  -still veery low
ETFs - Ranked by  Volume
S&P 500 Sector performance -

Crude Oil  dropped a bit, closing near 37.25
Gold was up, closing  around 1948 -back under 2000!!
The US Dollar was flat, closing near 92.65
The 30 year Bond was up a bit, closing near 176.70

News:

Posted by 123Trader 0 comments

Stock Market update -Sep 6

 We got yet another huge rally early in the week, only to be followed by the worst drop we've seen in 3 months. No surprise... a correction was expected by those that follow the charts. Now we wait to see where it goes next...

AAPL & TSLA split, both followed by a small rally, then a pullback.

Gold was flattish, Oil dropped.  Bonds were up a bit. 


What was up this week:  , 
What was down this week: 

Coronavirus live updates   Coronavirus maps





S&P 500 market crash V recovery (chart) ...1st real drop since early June


High yield Corporate Bonds (HYG)  (2yr chart) -hanging in near the top 
Investment grade Corporate Bonds (LQD)  (2yr chart) -this one's been dropping



Market concerns:  Coronavirus... Unemployment? 
Pops:   
Drops:   

Over $25 Trillion in debt!  See Debt Clock on the left, or here... 


New all time highs:   ??none of significance!
Options watch:   S&P 500 Implied Volatility  (CBOE VIX) -continuing to pull back!
ETFs SPY, IWM, QQQ, GLD, GDX, USO, XOP, VXX, XLF, XLE, FXI, EEM EWZ, 

Stocks AAPL, AMD, BAC, BABA, DIS, FB, MU, NFLX, NVDA, TSLA...


Next week:     bby, dg, crm, panw
MTWTF
EARNING:
, , , , , 
, 
Events:





This week's charts:




$NYA -NYSE Composite  -pulled back with the rest of the market
 (IWM)   Small-caps -ditto



Links...
10yr Interest Rates  -still veery low
Gold dropped again, closing  around 1939 -back under 2000!!
The US Dollar was down a bit, closing near 92.85
The 30 year Bond was mostly flat, closing near 175.5

News:


Posted by 123Trader 0 comments

Stock Market update -Aug 23

The SPX was mostly flat this week, closing just above the all time high from last Feb. Time will tell whether we see a double top in this area, or a continued rally! 

TSLA & AAPL rallied yet again!

Gold & Silver tried to rally, but pulled back again.
Bonds were up a bit. Oil was flat.

What was up this week:  AAPL, TSLA
What was down this week: 

Coronavirus live updates   Coronavirus maps
Forty percent of U.S. Covid-19 tests come back too late to be clinically meaningful, data show
Covid-19 death tolls... World: 800,000   US 175,000





S&P 500 market crash V recovery (chart) ...now back above the all-time highs


High yield Corporate Bonds (HYG)  (2yr chart) -small pullback this week 
Investment grade Corporate Bonds (LQD)  (2yr chart) -ditto



Market concerns:  Coronavirus... Unemployment? 
Pops:   
Drops:   

Over $25 Trillion in debt!  See Debt Clock on the left, or here... 


New all time highs:   AAPL, BBY, COST, DHI, LEN, DE, JD, NVDA, TSLA, CP, PG, SQ, ZM, ZS. more
Options watch:   S&P 500 Implied Volatility  (CBOE VIX) -continuing to pull back!
ETFs SPY, IWM, QQQ, GLD, GDX, USO, XOP, VXX, XLF, XLE, FXI, EEM EWZ, 

Stocks AAPL, AMD, BAC, BABA, DIS, FB, MU, NFLX, NVDA, TSLA...


Next week:     bby, dg, crm, panw
MTWTF
EARNING:
, , , , , 
, 
Events:





This week's charts:



AAPL & TSLA stocks to split


$NYA -NYSE Composite  -just took out the Jun highs
 (IWM)   Small-caps -ditto



Links...
10yr Interest Rates  -still veery low
Gold dropped again, closing  around 1947 -back under 2000!!
The US Dollar was up a bit, closing near 93.20
The 30 year Bond was up, closing near 179.78

News:


Posted by 123Trader 0 comments
Subscribe to: Posts (Atom)