Stock Market Weekly

 We got a big rebound rally after the prior week selloff, taking us back to the all time high level. We could see resistance here, or just keep going. The Nasdaq100 is lagging a bit, not having made it back to the ATH yet. VIX dropped. Next week we get the Fed & Dec Options expiration.  CPI inflation numbers were high again.

Oil and Gold we mostly flat. Bonds dropped a bit, as the Dollar held up near the highs.   Bitcoin was also somewhat flat.

What was up this week:  AVGO, ORCL, 
What was down this week:  


S&P 500 - at all time highs again  (chart) 


High yield Corporate Bonds (HYG)  (2yr chart) -rallied a bit
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:  AAPL, ABBV, AVGO, COST, ORCL, HD, LOW, LEN, PEP, PG, and more...
All time lows:    HOOD, ,  
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:,

ADBE, FDX
Events:




This week's charts:  






$NYA -NYSE Composite  -still rangebound for months now
 (IWM)   Small-caps -same

Links...
Gold was flat, closing around 1784
The US Dollar was flat, closing near 96.1
The 30 year Bond was down, closing near 161.31

News:

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