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:
Investment grade Corporate Bonds (LQD) (2yr 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 highs: AVGO, ABBV, ABT, EW, SCHW, MCD, UNH, TER, and more...
All time lows: DIDI,
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:
This week's charts: Some Cryptos on the move!
$NYA -NYSE Composite -still rangebound for months now
(IWM) Small-caps -same
Links...
Gold was up, closing around 1810
The US Dollar was flat, closing near 96.01
The 30 year Bond was down, closing near 160.53
News:
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