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Showing posts from March, 2021

Stock Market update -Mar 28

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The SPX ping ponged this week then ended higher, with a late Friday surge, taking it to all time highs once more. Interest rates dropped a bit too.  Oil and Gold were flat. The VIX dropped to recent lows under 20.  Shortened trading week ahead of the Easter weekend. The end of the quarter could create volatility for markets in the week ahead What was up this week:   What was down this week:  DISCA, VIACA,  Coronavirus live updates     Coronavirus maps S&P 500  -back to all time highs again this week  ( chart )  High yield  Corporate Bonds (HYG)   (2 yr chart ) -rallying a bit Investment grade  Corporate Bonds (LQD)   (2 yr chart )  -still in a downtrend    Market concerns:  Coronavirus,  Unemployment...  Over $28 Trillion in debt!   See Debt Clock on the left, or  here ...   New all time highs :    AMAT, TXN, ADP, DRI, DHI, PHM, LEN, HD, LOW, TGT, UN...

Stock Market update -Mar 21

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The SPX rallied early in the week, only to give it back after the Fed meeting on Wednesday, and the continued rise in the 10yr Treasury rates. So Bonds dropped, as did Oil. Gold was up a bit. What was up this week:   What was down this week:   Coronavirus live updates     Coronavirus maps S&P 500  -reversed to new all time highs this week  ( chart )  High yield  Corporate Bonds (HYG)   (2 yr chart ) -still down from the highs of 3 weeks ago  Investment grade  Corporate Bonds (LQD)   (2 yr chart )  -continuing to drop!    Market concerns:  Coronavirus... Unemployment...  Over $28 Trillion in debt!   See Debt Clock on the left, or  here ...   New all time highs :    ALLY, CAN, CAT, GM, EXPE, DE, DKNG, PENN, DISCA, FOXA, EQH, GS, JPM, SYF, etc.. All time lows:       Stocks on the move:    Options watch:    S&P 500 Implied Vo...

Stock Market update -Mar 14

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Nice rally this week on the S&P500, reversing the prior week's drop, and getting to another all time high. The $1.9 trillion stimulus package was signed into law this week, which probably helped. The DOW & Small-caps were the leaders this week, with the Nasdaq100 playing catchup from its downtrend. Bonds continue to slide, pushing interest rates up, and rallying the banks. IRS started processing stimulus checks Friday, money begins arriving in accounts Bitcoin surpasses $60,000 in record high as rally accelerates What was up this week:   What was down this week:   Coronavirus live updates     Coronavirus maps S&P 500  -reversed to new all time highs this week  ( chart )  High yield  Corporate Bonds (HYG)   (2 yr chart ) -still down from the highs of 3 weeks ago  Investment grade  Corporate Bonds (LQD)   (2 yr chart ) -continuing to drop!    Market concerns:  Coronavirus... Unemployment......