Stock Market Weekly update -Apr 27
We got a huge rally last week with the SPX advancing around 400 points from Monday’s low! Also GOOGL, TSLA, and CMG rallied nicely after reporting earnings. NFLX hit an all time high! Gold rallied to 3500. then did a big pullback to close at 3318, leaving a topping tail maybe! Next week we get more big tech earnings, along with the monthly Jobs report. This week: Schwab Weekly Trader's Outlook Edward Jones recap Fri Jobs report More earnings, including big Tech This week: 4 th week of earnings reports. The market is still volatile so caution is advised. The 10 year Interest rate -dropped again, now at 4.26% The Dollar - dropped and recovered to 99.59 Gold - rally & dropped back lower for the week at $3318 Oil -down slightly to $63.14 Bitcoin/Crypto -big rally to close near the 94k level New all time Highs : NFLX, TTWO, VRSN, PM, ALL time Lows : Pops & Drops/5 day movers :, Pops:...