Stock Market Weekly
We got a big rebound rally after the prior week selloff, taking us back to the all time high level once more -same as the prior dip! Now we get to find out again whether we can push past this all time high level, where its been turned away a few times before. VIX is still somewhat elevated, even tho we are at all time highs. Next week we close out 2021! Oil and Gold were up a bit, while Bonds dropped a bit, as the Dollar held up near recent highs. Bitcoin rallied a bit. What was up this week: What was down this week: S&P 500 - at all time highs once again ( chart link ) High yield Corporate Bonds (HYG) (2 yr chart ) -rallied Investment grade Corporate Bonds (LQD) (2 yr chart ) - mostly unchanged Market concerns: Inflation, new Covid (Omicron)... Over $28 Trillion in debt! See Debt Clock on the left, or here ... New all time ...