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)