Stock Market Weekly update -Dec 21
The S&P500 closed almost flat after a big drop early in the week, followed by a recovery. The DOW & the Small-caps ended lower. MU & CCL rallied on earnings, NKE dropped. TSLA closed at an all time high! Gold was higher, while Silver rocketed to new highs for a 4th week! Bitcoin has been in a choppy range for the past few weeks. The Consumer Sentiment report dropped to around its lowest level in decades, while Unemployment rose to a 4 year high of 4.6%. Next week could see light trading for the Christmas Holiday week, with a possible upside bias. Markets will be open for half a day on Wednesday. The week ahead: Merry Christmas! Schwab Weekly Trader's Outlook Edward Jones recap Silver rocketed to new highs for a 4th week! The 10 year Interest rate -dropped slightly to 4.15% The Dollar - up slightly to 98.72 Gold - rallied to a weekly all time high at $4338 Oil - dropped again to $56.53 Bitcoin - flat at around 88k National debt $...