Stock Market update -Feb 17th

This week we rallied... We are now approaching the 2800 level for the SPX, and will probably get there before taking a break. We've had a HUGE rally from the Christmas Eve bottom, so it wouldn't hurt to start taking some profits this week...

Bonds holding up (low rates), Gold, Oil moving up.

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

NVDA popped a bit on earnings, after being beaten down for a quite a while

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




S&P 500 performance chart, 9 months -(Link)


New all time highs:   ABT, AFL, AMT, ADI, BA, DG, FOXA, LLY, UNP, XLNX, WM, and more
All time lows:   --

Options watch:   S&P 500 Implied Volatility -still dropping!  (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:   Fed minutes
Earnings:    AAP, BIDU, DPZ, CVS,  WMT

This week's charts:



$NYA -NYSE Composite (link)  

 (IWM)   Small-caps


Links...
S&P 500 - big rally from the bottom still going! 
10yr Interest Rates  -steady/around 3%...
ETFs - Ranked by YTD Percent Change
S&P 500 Sector performance
$NYA -how much further up?

Crude Oil was down, closing near 55.79 - rallying above $50
Gold was down a bit, closing near 1325 -holding above $1300
The 30 year Bond was flat, closing near 146.62
The US Dollar  was up, closing near 96.74

News:
Dow jumps nearly 450 points, clinches 8th straight weekly gain

Posted by 123Trader 0 comments

Stock Market update -Feb 10th

This week we pulled back a bit... We are now holding in the 2700 range for the SPX, and could continue to consolidate in this area after the huge rally from year end.

Bonds holding up (low rates), Gold, Oil pulling back.

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

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




S&P 500 performance chart, 9 months -(Link)


New all time highs:   ARRY, BLL, FISV, MPW, SBUX, ORLY, WM & others
All time lows:   

Options watch:   S&P 500 Implied Volatility -still dropping!  (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:    NVDA, 

This week's charts:



$NYA -NYSE Composite (link)  
 Small-caps (IWM) 


Links...
S&P 500 - big rally from the bottom stalling? 
Gold was down a bit, closing near 1317 -holding above $1300
The 30 year Bond was up, closing near 146.94
The US Dollar  was up, closing near 96.42

News:



Posted by 123Trader 0 comments

Stock Market update - Feb 3rd

This week we continued to bounce, as we got a slew of earnings, including most of the FANGs... We are now back in the 2700 range for the SPX, and could consolidate in this area after this huge rally.

Bonds holding up (low rates), Gold, Oil rallying

Continuing concerns:  
Still keeping an eye on DB, 

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




S&P 500 performance, 9 months -(Chart Link)


New all time highs:   AFL, BLL, CRON. DECK, FAST, LLY, MPW, PG,  TWLO, WDAY, YUM...
All time lows:   

Options watch:   S&P 500 Implied Volatility -still dropping!  (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:    GOOGL, DIS, TWTR & more


This week's charts:



$NYA -NYSE Composite (link)  
 Small-caps (IWM) 



Links...
S&P 500 - big rally from the bottom continues! 
Gold was up, closing near 1322 -holding above $1300
The 30 year Bond was up, closing near 145.93
The US Dollar  was down, closing near 95.30

News:




Posted by 123Trader 0 comments

Stock Market update -Dec 30th

The markets recovered a bit, but still have a long way to go to undo the recent damage. We are still in a big down-trend, so expect huge rally bursts which don't last. Maybe we'll get one next week to close out the year, or not! This will be the first negative year since the financial crisis.

High Yield Corporate Bonds are also down...

We bounced from being veery oversold... maybe this week, maybe after the New Year we'll see a continued recovery. We could also see a selling climax first. Only limited risk Option trades would be recommended here, with sufficient time to play out...

IWM/NYA are near 2 year lows -the DOW has a long way to go if its also heading there!

Bonds holding up (low rates), Gold is rallying. Oil holding in the 40s

Continuing concerns:  Interest rates, China, Government shutdown?
Still keeping an eye on DB

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





S&P 500 performance, 9 months -(Chart Link)
Looking for a bottom here maybe...


New all time highs:    none!
All time lows:   ...

Options watch:   S&P 500 Implied Volatility -holding at the highs!  (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??  -Holiday week
Earnings:    


This week's charts:



$NYA -NYSE Composite (link)   -2 year low! Big loser this year
Ditto for the Small-caps (IWM)


Links...
S&P 500 -broke support & trying to recover
10yr Interest Rates  -steady/around 3%...
ETFs - Ranked by YTD Percent Change
S&P 500 Sector performance
$NYA -wow -now at a 2 year low!

Crude Oil was flat, closing near 45.12 - now below $50
Gold was up again, closing near 1283 -holding well above $1200!
The 30 year Bond was up again, closing near 145.75
The US Dollar  dropped, closing near 95.91

NEWS

The Fed could be a factor in the week ahead as stocks exit the worst year in a decade

Sears closing 80 more stores in March as it faces possible liquidation

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