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:   



S&P 500 -back to all time highs again this week (chart) 

High yield Corporate Bonds (HYG)  (2yr chart) -new all time high!
Investment grade Corporate Bonds (LQD)  (2yr chart) -recovering  

Market concerns:  Coronavirus,  Unemployment... 
Over $28 Trillion in debt!  See Debt Clock on the left, or here... 

New all time highs:   BNTX, DELL, BRK.B, DHI, EBAY, HD, LOW, MCD, MSFT, ORCL, SBUX, TGT, UNH,  and more...
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:      Big bank earnings!
MTWTF
Earnings:KO, IBM, UALJNJ, PG, TRV, NFLX,DFS, CMG, VZ, AAL, INTC, TAXP, HON
Events:




This week's charts:



$NYA -NYSE Composite  -Another New all time high
 (IWM)   Small-caps -sideways


Links...
Gold was up, closing  around 1777
The US Dollar was down, closing near 91.55
The 30 year Bond was up a bit, closing near 157.85

News:

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