TradingSense

Crazy week with the GME short squeeze from the Reddit & Robinhood crowd. We also got earnings from FB, AAPL, TSLA, all of which dropped after reporting. NFLX & MSFT gave back their gains as well.  This helped push the market down to close out Jan with a small loss, but with the worst weekly performance in 3 months.. The VIX also saw a steep rise. The market might be taking a break here, after an extended run. Next week we get more earnings, including from AMZN & GOOGL. And we also get the monthly Jobs report on Friday.  And maybe more fallout from the GME saga. What was up this week:  GME! What was down this week:   Coronavirus live updates     Coronavirus maps S&P 500 -broke the uptrend  ( chart )  High yield  Corporate Bonds (HYG)   (2 yr chart ) -holding up  Investment grade  Corporate Bonds (LQD)   (2 yr chart ) -topping?   Market concerns:  Coronavirus... Unemployment...  Over ...

Apple and Tesla earnings, along with the Fed and GDP will drive markets in the week ahead The VIX creeped up a bit. Bitcoin recovered a bit from the prior week drop. What was up this week:   What was down this week:   Coronavirus live updates     Coronavirus maps S&P 500 -holding the uptrend, above the Sep 2 & Nov 9 highs  ( chart )  High yield  Corporate Bonds (HYG)   (2 yr chart ) -holding up  Investment grade  Corporate Bonds (LQD)   (2 yr chart ) -topping? base?  Market concerns:  Coronavirus... Unemployment...  Over $27 Trillion in debt!   See Debt Clock on the left, or  here ...   New all time highs :     All time lows:       Stocks on the move:    Options watch:    S&P 500 Implied Volatility  ( CBOE VIX ) -low end of the range Link to high IV stocks     High Options volume:     ETFs  SPY, IW...

We pulled back a bit last week on the SPX, but still in a bullish chart pattern. The market dropped a bit on Friday, while big banks reported earnings as well. This week we have the presidential inauguration on Wednesday. The VIX creeped up a bit. Bitcoin recovered a bit from the prior week drop. What was up this week:   What was down this week:   Coronavirus live updates     Coronavirus maps S&P 500 -holding the uptrend, above the Sep 2 & Nov 9 highs  ( chart )  High yield  Corporate Bonds (HYG)   (2 yr chart ) -holding up  Investment grade  Corporate Bonds (LQD)   (2 yr chart ) -topping? base?  Market concerns:  Coronavirus... Unemployment...  Over $27 Trillion in debt!   See Debt Clock on the left, or  here ...   New all time highs :     All time lows:       Stocks on the move:    Options watch:    S&P 500 Implied Volatility...

Another week, another all time high! We kicked off the year with a big drop on Monday, followed by a huge rally the rest of the week. Most of the news was driven by political uncertainty regarding the senate race, and a mob invasion of the Capitol! Also a disappointing Jobs monthly number on Friday -nevertheless, the market powered higher. Bonds dropped! As did Gold.  Oil was up.   The Dollar is holding near the lows... Bitcoin continued to rally, reaching over 41k!  What was up this week:   What was down this week:   Coronavirus live updates     Coronavirus maps S&P 500 -holding well above the Sep 2 & Nov 9 highs  ( chart )  High yield  Corporate Bonds (HYG)   (2 yr chart ) -continues still higher -all time highs Investment grade  Corporate Bonds (LQD)   (2 yr chart ) -pulled back Market concerns:  Coronavirus... Unemployment...  Over $27 Trillion in debt!   See Debt Clock on the...