Stock Market update -Mar 14

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.

What was up this week:  

What was down this week:  



S&P 500 -reversed to new all time highs this week (chart) 

High yield Corporate Bonds (HYG)  (2yr chart) -still down from the highs of 3 weeks ago 
Investment grade Corporate Bonds (LQD)  (2yr 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..
Options watch:   S&P 500 Implied Volatility  (CBOE VIX) -low end of the range!
ETFs SPY, IWM, QQQ, GLD, GDX, USO, XOP, VXX, XLF, XLE, FXI, EEM EWZ, 

Stocks AAPL, AMD, BAC, BABA, DIS, FB, MU, NFLX, NVDA, TSLA...

Next week:      
MTWTF
Earnings:, CRWD, SNDLDG, FDX, NKE
Events:




This week's charts:


$NYA -NYSE Composite  -new all time high
 (IWM)   Small-caps -ditto


Links...
Gold was up, closing  around 1729
The US Dollar was down a bit, closing near 91.66
The 30 year Bond was down, closing near 155.75

News:

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