Stock Market update -Apr 4

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.


What was up this week:  

What was down this week:   



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

High yield Corporate Bonds (HYG)  (2yr chart) -rallying a bit
Investment grade Corporate Bonds (LQD)  (2yr 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...
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:

3/21: 10yr Interest rates rising

$NYA -NYSE Composite  -Approaching the all time high
 (IWM)   Small-caps -rallied off a support level


Links...
Gold recovered a bit, closing  around 1730
The US Dollar was up a bit, closing near 93.05
The 30 year Bond was up a bit, closing near 155.75

News:


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