Stock Market Weekly update -Mar 22
The indexes were down for a 4th week, now all below the daily 200MA (moving average), and note that both stocks and bonds were down again for the week -not normal ! We also had the Quarterly Options Expiration on Friday. Long term Interest Rates moved up again, while the Dollar moved down -also not normal! Gold had a huge dump too. Bitcoin was mostly unchanged (possibly bottomed in the 60s). SNDK & WDC popped to all time highs again! SMCI had a huge drop.. Stocks tumble Friday as losses mount from Iran war impact, Dow and Nasdaq near correction US national debt surges past $39 trillion | AP News Now over $39T The week ahead: Schwab Weekly Trader's Outlook Edward Jones recap The 10 year Interest rate - moved up again to 4.39% The Dollar - moved down a bit to 99.50 Gold - HUGE drop to $4491 Oil - down a bit to $98.10 Bitcoin - down a bit to around 70k National debt $39.02T - NOW CROSSING $39 TRILLION New all time Hig...