Stock Market update
Another 'up' week for the S&P, with some volatility sprinkled in, and making new all time highs once more (except for the Nasdaq100 and the Small-caps). Big tech companies report earnings next week, along with many other high profile companies as we close out October! Bonds dropped again -trending that way since early August -so higher rates continue. Oil was up again, Gold is trying to rally, and the Dollar was down. Bitcoin continued to power higher, setting new all time highs once more. VIX Index Closes at Lowest Level Since Beginning of Pandemic What was up this week: NFLX, TSLA -both hitting all-time highs, What was down this week: INTC, SNAP, S&P 500 - recovered! ( chart ) High yield Corporate Bonds (HYG) (2 yr chart ) -pulling back? Investment grade Corporate Bonds (LQD) (2 yr chart ) - dropping as well Bitcoin back up at all time highs! Market concerns: Une...