TradingSense

  As we closed out the 3rd Quarter, the Nasdaq rallied for a 3rd week, finally closing at a new all time high , while the SPX was mostly flat, and while the DOW & Small-caps retreated for a 7th week -huge divergence! Long term Interest rates shot up for yet another week, along with the US Dollar. Gold pulled back for yet another week, as did Oil.  AMD had another rally week, closing at an all time high again. MU saw little reaction after a stellar earnings report.  Semis rallied for a 3rd  week though.  MCD dropped to another multi-month low, and NKE dropped to a multiyear low after earnings! The monthly Jobs report came in at 29,000 jobs added, much weaker than expected. Stocks rise Friday after soft jobs data, Nvidia leads Nasdaq to intraday record 10-year Treasury yield ticks higher despite weaker-than-expected jobs report The week ahead:  Quiet week? -continuing to watch Interest rates. Schwab Weekly Trader's Outlook    Edward Jones r...