Stock Market Weekly update -Jul 26
The S&P 500 & Nasdaq were down for another week, with the S&P still in an 8 week consolidation range since the 9 week rally, while the Nasdaq is showing more of a weekly downtrend. The Small-caps were down for a 4th week, while the Semis held up a bit. Oil rallied for a strong 3rd week, now at $90. After earnings, GOOGL dropped while TSLA dumped! CSX popped to an all time high, as did TRV & ALL . 10 year yields jumped to 4.68, up from a low of 3.95 in Feb -Interest rates continue to creep up! The week ahead could see volatility from big Tech earnings and a Fed meeting, as we close out July. S&P 500 closes little changed Friday as Iran fears and chip sell-off weigh down market Chip Stocks Slide Friday—Memory Favorites Micron, Sandisk Among the Big Decliners The week ahead: Fed meeting 3rd week of Earnings -…AAPL, AMZN, META, MSFT & more Schwab Weekly Trader's Outlook Edward Jones recap The 10 year Interest rate - moved up to 4.68% The...