Stock Market update -Dec 24th


The market was up this week after a nice rally on Monday. The Tax Reform plan was finally passed this week too, with little reaction from the equity markets. The Bond market dropped, signalling higher rates. Oil and Gold was up. We should close out this banner year near the current levels.

Congress Passes $1.5 Trillion Tax Cut Bill, A Legislative Win For Trump

AT&T, Comcast giving $1,000 bonuses to hundreds of thousands of workers after tax bill

Goldman says highest valuations since 1900 leave investors in for a world of hurt (Dec 2)


The most popular stock quotes on MarketWatch in 2017





We surpassed the $20 Trillion debt level in February! See Debt Clock on the left, or here... 

New all time highs:   ABT, CAT, COF, DE, DFS, GS, LOW, MPC, VLO, PSX, GS, JPM, WFC
All time lows:   

Options watch:   S&P 500 Implied Volatility is still low...
Link to high IVR 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
CBOE VIX Volatility Index   CBOE blogs  

Next week:   Year end 2017!
Earnings:    

This week's charts:


VIX still near the lows... Link




FAANG stocks & SPX -Link


Links...
S&P 500 - near all time highs 
Gold was up, closing near 1279 -approaching 1300
The 30 year Bond dropped, closing near 151.03
The US Dollar was down, closing near 92.87

NEWS

Market could end the year about where it is now after 2017's very big gains

Stock Market update -Dec 10th

We were more or less flat for the week, as we got a dip then a recovery. Maybe we'll take out the all time high again this week, as we approach December Options expiration on Friday, and as the Fed makes their interest rate announcement on Wednesday.

Bonds and Oil are  holding up, Gold dipped. 

CVS Health to buy Aetna for around $69 billion

Dow logs longest streak of monthly gains in 22 years as it closes above 24,000




We surpassed the $20 Trillion debt level in February! See Debt Clock on the left, or here... 

New all time highs:   ALLY, ACN, BA, BBY, DLTR, MAR, PSX, SYY, VLO
All time lows:   

Options watch:   S&P 500 Implied Volatility is still low...
Link to high IVR stocks   
High Options volume:   
ETFs SPY, IWM, QQQ, GLD, GDX, USO, XOP, VXX, XLF, FXI, EEM EWZ, 
Stocks AAPL, AMD, BAC, BABA, FB, MU, NVDA, TSLA
CBOE VIX Volatility Index   CBOE blogs  

Next week:   Options expiration on Friday, Fed rate increase on Wednesday
Earnings:    COST

This week's charts:


VIX still low... Link



FAANG stocks & SPX -Link


Links...
S&P 500 - near new all time highs once again
Gold dropped , closing near 1250 -approaching 1300
The 30 year Bond was down a bit, closing near 153
The US Dollar was up closing near 93.81

NEWS
Wall Street week ahead: Bitcoin mania, big Fed news and more

Bitcoin jumps higher as futures trading begins on Cboe

Stock Market update -Dec 3rd

The markets rallied to new all-time highs once again this week. The DOW crossed 24,000 for the first time. Bitcoin also rallied to not only 10000, but 11000 before pulling back a bit. Let's see how far these bubbles go...
Tech and SMH had a mini crash, for no apparent reason; Financials rallied.
Bonds were down a bit this week.

Dow logs longest streak of monthly gains in 22 years as it closes above 24,000
Goldman says highest valuations since 1900 leave investors in for a world of hurt





We surpassed the $20 Trillion debt level in February! See Debt Clock on the left, or here... 

New all time highs:   ABBV, BRK.B, BA, COST, CSX, CAT, ICE, MMM, PSX, PGR, UNH, and more...
All time lows:   

Options watch:   S&P 500 Implied Volatility is still low...
Link to high IVR stocks   
High Options volume:   
ETFs SPY, IWM, QQQ, GLD, GDX, USO, XOP, VXX, XLF, FXI, EEM EWZ, 
Stocks AAPL, AMD, BAC, BABA, FB, MU, NVDA, TSLA
CBOE VIX Volatility Index   CBOE blogs  

Next week:   Monthly Jobs report on Friday
Earnings:    AVGO, HD, DG

This week's charts:


VIX still low... Link



FAANG stocks & SPX -Link


Links...
S&P 500 - new all time highs once again
Gold was down a bit, closing near 1283 -approaching 1300
The 30 year Bond was down a bit, closing near 153.18
The US Dollar was flat, closing near 92.84

NEWS
401(k) investors rejoice: Dow closes above 24,000 for first time
Senate approves tax bill after Republicans sprint to rework it
Hold on for a Wild Ride: Cramer's 'Mad Money' Recap (Friday 12/1/17)


Stock Market update -Nov 26th

The market closed at all time highs once again, with the small-caps (IWM) finally regaining ground and taking out the October high. Bonds continued to rally too, so both asset classes are going up at the same time, which is unusual. Technology is still mostly leading the way. VIX dropped to lower levels once again!

Another stock market record: Longest S&P 500 run without a 3% slump

ANF, CAVM, MRVL MARA, popped...





We surpassed the $20 Trillion debt level in February! See Debt Clock on the left, or here... 

New all time highs:   AMZN, AVGO, DE, DHI, FB, HD, MA, PYPL, SQ, 
All time lows:   

Options watch:   S&P 500 Implied Volatility is still low...
Link to high IVR stocks   
High Options volume:   
ETFs SPY, IWM, QQQ, GLD, GDX, USO, XOP, VXX, XLF, FXI, EEM EWZ, 
Stocks AAPL, AMD, BAC, BABA, FB, MU, NVDA, TSLA
CBOE VIX Volatility Index   CBOE blogs  

Next week:   
Earnings:   ADSK, BOX, ULTA

This week's charts:


VIX still low... Link



FAANG stocks & SPX -Link


Links...
S&P 500 - new all time highs once again
Gold was down, closing near 1288 -aproaching 1300
The 30 year Bond was flat, closing near 154
The US Dollar was down, closing near 92.71

NEWS
S&P 500 closes above 2,600 for first time as Street bets on strong holiday shopping season
Forget FANG. These four tech stocks are outperforming this year, adding $600 billion in market cap
Tencent net profit rises nearly 70%, beating views

Stock Market update -Nov 19th

The market seems to be in limbo, having dropped earlier in the week, then recovering on Thursday. Next week we have a short one because of Thanksgiving. Markets seem to want to take a pause after this recent run. Bonds seem to be holding to the up side, and will probably continue higher if stocks take a dip.

WMT, ROST, ANF, FL, & CSCO popped on earnings...





We surpassed the $20 Trillion debt level in February! See Debt Clock... 

New all time highs:   AMAT, CRM, DHI, HD, MAR, NTES, PYPL, SQ, ROST, WMT, VLO...
All time lows:   

Options watch:   S&P 500 Implied Volatility is still low...
Link to high IVR stocks   
High Options volume:   
ETFs SPY, IWM, QQQ, GLD, GDX, USO, XOP, VXX, XLF, FXI, EEM EWZ, 
Stocks AAPL, AMD, BAC, BABA, FB, MU, NVDA, TSLA
CBOE VIX Volatility Index   CBOE blogs  

Next week:   Holiday week
Earnings:   CRM, DE, DLTR, HPE, LOW

This week's charts:


VIX still dropping... Link



FAANG stocks & SPX -Link


Links...
S&P 500 - pulling back a bit
Gold was up, closing near 1294 -aproaching 1300
The 30 year Bond was up, closing near 154
The US Dollar was down, closing near 93.61

NEWS
Wall Street pulls back at week's end with tax changes mulled
Upcoming Earnings Reports to Watch: CRM, HPE, DE