Stock Market Weekly

The big rally continued on Monday to a new all time high near 4800, then went flat for the rest of the week. We'll see what the first week of the New Year brings. Jobs report on Friday. 

VIX is back at pretty low levels now. Once again, Oil and Gold were up a bit, while Bonds dropped a bit -same as the prior week. The Dollar held up near recent highs.   Bitcoin dropped a bit.

What was up this week:  
What was down this week:  


S&P 500 - Broke out to all time highs once again  (chart link


High yield Corporate Bonds (HYG)  (2yr chart) -followed the SPX
Investment grade Corporate Bonds (LQD)  (2yr chart-mostly unchanged


Crypto wins!


Market concerns:   Inflation, new Covid (Omicron)...  
Over $28 Trillion in debt!  See Debt Clock on the left, or here... 

New all time highs:  BNS, CSX, UNP, NEE, PEP, TMO...
All time lows:    DIDI, CLOV, RIDE, RKT  
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:,


Events:




This week's charts:  

Non-stop Covid rally!


Weekly trend


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

Links...
10yr Interest Rates  -rangebound
Gold was up, closing around 1828
The US Dollar was down a bit, closing near 95.59
The 30 year Bond was down a bit, closing near 160.44

News:

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