Stock Market update -Mar 21

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:  



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:, , 

Events:




This week's charts:

10yr Interest rates rising

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


Links...
Gold was up again, closing  around 1744
The US Dollar was up a bit, closing near 91.95
The 30 year Bond was down again, closing near 154.25

News:

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