Stock Market Weekly update -Sep 27
The SPX & Nasdaq rallied for a 2nd week, while the DOW & Small-caps retreated for a 6th week! Long term Interest rates also shot up for the week, along with the US Dollar. Bitcoin & other Crypto also had a nice rally. Gold pulled back for yet another week, as did Oil. AMD had another big rally week, closing at an all time high, along with AAPL, and META rallied for a 5th week. Semis rallied for a 2nd week. MCD dropped to another multi-month low. The week ahead includes the PCE & Jobs reports -watching Interest rates as well. Dow jumps more than 470 points Friday; stocks notch winning week despite Treasury yield surge The week ahead: JOBS report & PCE Schwab Weekly Trader's Outlook Edward Jones recap 10 year Interest rate - trending up since Feb, up again to 5.18% US Dollar - up for a 2nd week to 101.03 Gold - trending down to $4284 Oil - down for a 2nd week closing at $92.45 Bitcoin - rallied again ...