Stock Market Weekly update -Feb 15
The S&P 500 dropped a bit last week, as the Nasdaq dropped for a 3rd week! MCD, YUM, ROST, & WMT hit all time highs! AMZN, AAPL, NFLX, and Financials (XLF) dropped. GILD was up for a 4th week. On earnings, VRT popped, while HOOD , WEN dropped. Long term Interest Rates also dropped! No major events next week - markets will be closed on Monday . Realtors report a ‘new housing crisis’ as January home sales tank more than 8% The week ahead: PCE on Fri 6th week of Earnings - WMT, NEM on Thu Schwab Weekly Trader's Outlook Edward Jones recap The 10 year Interest rate -dropped from 4.21% to 4.05% The Dollar - also dropped to 96.88 Gold - rallied above $5000 to $5042 Oil - down a bit again to $62.80 Bitcoin - mostly flat around 69k National debt $38.7 Trillion New all time Highs : MCD, YUM, WMT, ROST, AMAT, NEE, WMB, AEP, CMS, GILD, AZN, LMT, - ALL time Lows : TRIP Pops & Drops/5...