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Showing posts from April, 2021

Stock Market update -Apr 25

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We saw a week with HUGE swings in the market, but ending almost where it started, near record highs. Next week most of the big tech companies report earnings. NFLX reported last week and we saw the stock price drop. INTC also dropped. Bitcoin and other cryptos dropped this week. Oil was flat, Gold and Bonds rallied. Two traders pick their FAANG favorites ahead of earnings next week 7 Earnings Reports to Watch Next Week What was up this week:   What was down this week:  INTC, NFLX.  Cryptos: DOGE coin, LTC, NEO, and others Coronavirus live updates     Coronavirus maps S&P 500  -back near all time highs again this week  ( chart )  High yield  Corporate Bonds (HYG)   (2 yr chart ) -another new all time high! Investment grade  Corporate Bonds (LQD)   (2 yr chart )  -recovering    Market concerns:  Coronavirus,  Unemployment...  Over $28 Trillion in debt!   See Debt Clock on the left,...

Stock Market update -Apr 18

Another week, yet another record high in ALL three major indexes as we closed out another monthly Options expiration cycle. The Small-caps are still lagging a bit!  The big Banks reported great earnings this week. Next week we get more big names including NFLX, INTC & IBM. The big IPO this week was from Coinbase, bringing crypto more into the limelight. Bitcoin hit 64,000 this week. VIX futures are at very low levels, and expire this week, possibly slowing this non-stop 3 week  rally -we'll see. The VIX continued to drop. Oil was up, along with Gold and Bonds. What was up this week:  Cryptos: DOGE coin, LTC, NEO, and others What was down this week:    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 ) -new all time high! Investment grade  Corporate Bonds (LQD)   (2 yr chart )  -recovering   ...

VIX Futures Expirations

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  Prior VIX expiration dates vs. SPX pullbacks: (4/18/21 chart below)

Stock Market update -Apr 11

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Another week, another record high! The SPX not only crossed 4000, but ended the week over 4100, an incredible one week move higher. The VIX continued to drop. Oil was mostly flat, as Gold and Bonds were up a bit. Jobs report blows past expectations as payrolls boom by 916,000 in March What was up this week:   What was down this week:    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 still 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, UNP, WM... All time lows:      POSH Stocks on the move:   ...

Stock Market update -Apr 4

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We closed out the quarter with a bang! The SPX was up this week, crossing the 4000 mark, as more stimulus plans were announced for infrastructure support ($2.2 trillion more). The Futures also rallied a bit on Good Friday morning (a trading holiday) on a good monthly Jobs report. The VIX continued to drop. The S&P is up almost 6% for the year. Oil was mostly flat, as Gold and Bonds were up. Jobs report blows past expectations as payrolls boom by 916,000 in March What was up this week:   What was down this week:    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...