Stock Market update -Dec 18th

The rally stalled this week after the Fed Interest rate announcement. Maybe we consolidate, then move higher for a year-end rally, or maybe not -we'll see. The bias is to the up-side. Bonds and Gold continued to drop. FB & AMZN continue to be rangebound since the election. NVDA powers higher!

We are now heading to $20 Trillion in debt! See Debt Clock on the left...



New all time highs:   ALL, ADP, NVDA, MAR, PNC, PGR, SYY, UNH
All time lows:  FIT
Mergers/Deals:   

Options watch:   Implied Volatility somewhat elevated...  Link to high IVR stocks   
High volume:   SPY, IWM, QQQ, AAPL, FB, BAC, GLD, GDX, USO, VXX, XLF, FXI, EEM EWZ, XOP
CBOE VIX Volatility Index -rising...

Next week:  Economic reports,  
Earnings:      

This week's charts:


NYSE never got back up to the 2015 highs, unlike the other indexes -still trying

Finally?


Links...
S&P 500 - post election rally pulled back a bit
Gold dropped again, closing near 1137
The 30 year Bond dropped some more,  closing near 147.78
The US Dollar was up, closing near 102.81

Fed Hikes, Sees 3 More In 2017 - A Year Ago It Saw 4 In 2016
Samsung Will Be Apple's Top Supplier For iPhones Again In 2017

Japan tops China as No. 1 holder of USA bonds
As China Liquidates US Treasuries, It is "Gobbling" Up Japanese Government Bonds

Stock Market update -Dec 11th

The market recovered from the small prior week pullback, to set new all-time record highs again. Bonds continue to sink. Next week we get the final Fed meeting for the year, where rates are expected to be raised by .25 -barring any surprises, it should have little impact on equity markets. We could see more movement in Bonds though, which have been very oversold.


We are now heading to $20 Trillion in debt! See Debt Clock on the left...



Pops: AVGO, LULU, PLAY,
Drops: RH,

New all time highs:   AVGO, DFS, DOW, MSFT, SYY, WEN, UPS, UAL, and lots more
All time lows:  FIT
Mergers/Deals:   

Options watch:   Implied Volatility somewhat elevated...  Link to high IVR stocks   
High volume:   SPY, IWM, QQQ, AAPL, FB, BAC, GLD, GDX, USO, VXX, XLF, FXI, EEM EWZ, XOP
CBOE VIX Volatility Index -rising...

Next week:  Economic reports,  FED MEETING, Options expiration/Triple witch & end of the Quarter
Earnings:     ADBE, ORCL 

This week's charts:


NYSE never got back up to the 2015 highs, unlike the other indexes -still trying

Links...
S&P 500 - post election rally continues
Gold dropped, closing near 1162
The 30 year Bond dropped some more,  closing near 149.87
The US Dollar was up a bit, closing near 101.61

NEWS:


Stock Market update -Dec 4th

We got a pullback this week from the Trump rally. Oil rallied after the OPEC meeting, while Bonds continued to drop, indicating higher interest rates.

Next week the Italian referendum could affect markets.

We are now heading to $20 Trillion in debt! See Debt Clock on the left...


New all time highs:   AET/UNH, CC, CMCSA, GD, UPS
All time lows:  FIT
Mergers/Deals:   

Options watch:   Implied Volatility somewhat elevated...  Link to high IVR stocks   
High volume:   SPY, IWM, QQQ, AAPL, FB, BAC, GLD, GDX, USO, VXX, XLF, FXI, EEM EWZ, XOP
CBOE VIX Volatility Index -rising...

Next week:  Economic reports,  
Earnings:      

This week's charts:


NYSE never got back up to the 2015 highs, unlike the other indexes -still trying

Links...
S&P 500 - post election rally pulled back a bit
Gold was unchanged, closing near 1178 
The 30 year Bond dropped some more,  closing near 151.87
The US Dollar dropped a bit, closing near 100.72

NEWS:
Dow closes lower; S&P 500, Nasdaq inch higher after jobs report
Americans Not In The Labor Force Soar To Record 95.1 Million: Jump By 446,000 In One Month
Jobless rate fell to a nine-year low of 4.6 percent as the U.S. added 178,000 jobs in November
Random iPhone 6s shutdowns due to faulty battery component, Apple says
Starbucks’ CEO is Leaving; Investors are Right to Fret
Google proved that AI can reshape medicine
How Artificial Intelligence Is Making Nvidia CEO Jen-Hsun Huang Richer

Global Bonds Suffer Worst Monthly Meltdown as $1.7 Trillion Lost
Renzi Loses Italian Referendum By Wide Margin
Euro drops to 20-month low on Italian vote, Asian shares slip
Guess Who's the Most Profitable Android Smartphone Maker in the World?