Stock Market Weekly update -Feb 22
The indexes were up a bit last week, though on Friday the U.S. Supreme Court ruled against the tariffs, GDP came in at 1.4%, well below estimates, and the PCE rose with a +2.9% year-over-year gain. WMT pulled back a bit after reporting earnings, down 8% for the week, while PANW dropped around 8% as well. Next week we get NVDA earnings, among others. GDP & PCE reported last week Fourth-quarter U.S. GDP up just 1.4%, badly missing estimate; inflation firms at 3% The week ahead: 7th week of Earnings - NVDA, CRM Schwab Weekly Trader's Outlook Edward Jones recap The 10 year Interest rate -mostly flat near 4.09% The Dollar - up a bit to 97.79 Gold - rallied again to $5108 Oil - rallied to $66.30 Bitcoin - dropped a bit to around 68k National debt $38.7 Trillion New all time Highs : cboe, ADI, AEM, AMAT, CSX, GLW, MNST, NYT, LITE, ROST, FDX, TRV - ALL time Lows : KLAR, XRX, Pops & Drops/5 day m...