Stock Market update

The market rallied once again this week to close at new all time highs, with the DOW closing above 30,000! And the small-caps continue to lead. Bonds dropped, while oil was up and Gold rebounded a bit.

US economy misses forecasts, adds 245,000 jobs in November as unemployment falls to 6.7%

S&P 500, Dow rally to record highs as investors bet on last-minute stimulus breakthrough

Bitcoin continues to hold up just under the 20,000 level.

The Dollar continued to drop!

What was up this week:

What was down this week: Bitcoin

Coronavirus live updates Coronavirus maps

The U.S. Passes 4 Million Cases in November Alone, Doubling October’s Tally

S&P 500 -holding well above the market highs seen before Covid (chart)

High yield Corporate Bonds (HYG) (2yr chart) -huge 3 week move -all time highs

Investment grade Corporate Bonds (LQD) (2yr chart) -ditto

Market concerns: Coronavirus... Unemployment...

Over $27 Trillion in debt! See Debt Clock on the left, or here...

New all time highs: AMAT, BILI, COST, CRSP, ETSY, ENPH, MRNA, NET, TSLA, TGT, TMUS, PINS, SQ, and more...

All time lows:

Stocks on the move:

Options watch: S&P 500 Implied Volatility (CBOE VIX) -low end of the range

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, TSLA...

Next week:

	M	T	W	T	F
Earnings:	ZM	CRM,		DOCU, DG, ULTA
Events:

This week's charts:

TSLA -now at a 1160 PE :)

IWM -small-caps -huge Nov rally

US Dollar/S&P 500 correlation

$NYA -NYSE Composite -almost back to the Feb high

(IWM) Small-caps -new all time highs!

Links...

10yr Interest Rates -rising?

Labor Force Participation Rate (use 4 year chart) -rebounding?

Fear & Greed Index

ETFs - Ranked by Volume
S&P 500 Sector performance -

Commodities/Futures (charts):

Crude Oil was up, closing near 46.09

Gold recovered a bit, closing around 1842

The US Dollar was down again, closing near 90.80

The 30 year Bond was down, closing near 171.53

News:

3 Stocks You Can Keep Forever | Nasdaq

Congress stalled on stimulus talks and time is running out as millions face a ‘benefits cliff’

Stock Market update -Nov 29

The market rallied this week to close at new all time highs once again! The small-caps continue to be strong too. The gains this November will set a market record!

Dow Surges Past 30,000 Points For 1st Time In Historic Milestone

S&P 500 closes at another record Friday, gains 2% on week

Black Friday traffic in stores craters 52% during pandemic as e-commerce sales surge

TSLA continued to push higher on the back of being included in the S&P500 -now with a PE ratio of 1120 and a market-cap of $550 billion!!

Crude oil rallied, while Gold tanked, possibly at a support level here, just under 1800.

Bitcoin had a mini crash on Thanksgiving day, but recovering so far.

The Nikkei (Japan) saw a huge rally this month.

The Dollar keeps dropping, and is now at the level seen on Sep 2nd (the prior stock market top), possibly offering some support here?

Bonds seem to be wanting to move back up.

What was up this week:

What was down this week: Bitcoin

Coronavirus live updates Coronavirus maps