TradingSense

 Big drop on Monday, which turned out to be a flush, after the prior 2 weeks of selling! We got a big rally for the rest of the week, but still closed just under the 20MA -possibly setting up for another drop. We'll see... Bonds dropped -still trending that way since early August -so higher rates for now.  Oil was up again, while Gold dropped again! The Dollar was choppy. What was up this week:  ,   What was down this week:  FDX S&P 500  -nice rebound seen last week  ( chart )  High yield  Corporate Bonds (HYG)   (2 yr chart ) -holding near all time highs Investment grade  Corporate Bonds (LQD)   (2 yr chart )  - dropped a bit Market concerns:  Unemployment, Inflation...  new  Covid  variant still spreading Over $28 Trillion in debt!   See Debt Clock on the left, or  here ...   New all time highs :    CRM, CAR, SNAP, TMO, TXN, MCD, LNG,   All time lows: ...

 Another down week for the SPX, closing below the 20MA, and somewhat unexpected based on recent pullbacks.  AAPL, one of the market leaders, continued its two week slide, not helping the indexes.  Of course, the VIX rallied, closing at the high for the month, on Expiration Friday. We'll see what the rest of September brings, and whether we gat a bounce from here, now that options expiration is out of the way.. Bonds were down a bit, trending that way since early August -so higher rates for now.  Oil was up, while Gold dropped, again! The Dollar was up. What was up this week:  ,   What was down this week:  S&P 500  -still dropping from the all recent time high  ( chart )  High yield  Corporate Bonds (HYG)   (2 yr chart ) -holding near all time highs Investment grade  Corporate Bonds (LQD)   (2 yr chart )  - ditto Market concerns:  Unemployment, Inflation...  new  Covid  variant still s...

The SPX dropped last week from its all time high -like clockwork! Seems like it drops every month around this time -near the monthly Options expiration. AAPL was down on Friday on a court ruling, helping to push some of the indexes lower. The VIX rallied.  Bonds were up a bit, still trying to find direction. Oil was flat, while Gold dropped. The Dollar was also flat.  What was up this week:  ,   What was down this week:   Covid-19 death tolls, as of today 9/05:  World…4,566,187,  USA …664,935 S&P 500  -dropped from the all time highs  ( chart )  High yield  Corporate Bonds (HYG)   (2 yr chart ) -holding near all time highs Investment grade  Corporate Bonds (LQD)   (2 yr chart )  - ditto Market concerns:  Unemployment, Inflation...  new  Covid  variant still spreading Over $28 Trillion in debt!   See Debt Clock on the left, or  here ...   New all time high...

Last week the SPX rallied a bit more more to reach yet another new all time high. We could see a pause sometime soon from this non-stop rally. The monthly Jobs report on Friday was much, much lower than expected. The 20 year US presence in Afghanistan has now ended. The VIX dropped as the SPX rallied... Maybe approaching a bottom here. Bonds were down a bit, still trying to find direction. Oil was flat, while Gold rallied. The Dollar dropped further.  Stocks end week on a downbeat note after disappointing jobs report — Five experts on what’s next Hurricane Ida caused major damage, flooding, and deaths, from Louisiana to New York! What was up this week:  MDB,   What was down this week:   Covid-19 death tolls, as of today:  World…4,566,187,  USA …664,935 S&P 500  -holding near all time highs  ( chart )  High yield  Corporate Bonds (HYG)   (2 yr chart ) -holding near all time highs Investment grade  Corporate Bo...