TradingSense

 Another down week in the markets, with a big selloff on Friday. Big Tech earnings are now out of the way, as well as a big chunk of S&P500 companies. And April is out of the way, with the Nasdaq closing out with the biggest monthly loss since 2008! This past 4 months marks the worst start of the year in over 80 years! Next week the Fed is expected to raise interest rates by 0.5% -maybe we'll get a sell the news rally! Stocks, Bonds, & the US Dollar are all at potential turning points here, based on prior levels. Next week we also get more earnings reports, and the monthly Jobs report on Friday. We could see a turnaround in the markets after 4 weeks of selling. Dow tumbles more than 900 points and the Nasdaq drops 4% on Friday to close out a brutal month A rough 4 months for stocks: S&P 500 books the worst start to a year since 1939.  VIX was up again, crossing the 30 level, while Bonds dropped again.  Oil was up, Gold was flat. Bitcoin/Crypto was down a bit. ...

 We continued to see a pullback in the markets last week, and a continuation of the rise in interest rates. Could be another choppy week as we get CPI reports, and a few big Bank earnings. April monthly Options expiration on Thursday. Markets will be closed for Good Friday. VIX was up a bit, and Bonds dropped even further. Oil dropped a bit, Gold was up slightly. Bitcoin/Crypto was down a bit. What was up this week:  US Dollar, Interest rates, TWTR What was down this week:  ,  S&P 500  - still pulling back from the huge rally   High yield  Corporate Bonds (HYG)   (2 yr chart ) - dropped Investment grade  Corporate Bonds (LQD)   (2 yr chart )  -dropped  Market concerns:   Inflation, Rising Rates, Russia/Ukraine...   Over  $30  Trillion in debt!   See Debt Clock on the left, or  here ...   New all time highs :   KO, JNJ, WMT, UNH -all DOW stocks! Also ABBV, AZN, SO, SHEL,...

 The big rally continued a bit higher early last week, only to reverse course mid week. We'll have to see if there is any continuation of the pullback this week. We get the Fed minutes this week, in an otherwise quiet week. VIX recovered a bit from the lows, as did Bonds. Oil dropped a bit, Gold was mostly flat. Bitcoin/Crypto was flat to up a bit. What was up this week:   What was down this week:  ,  S&P 500  - huge rally stalled near a resistance level  ( chart link )  High yield  Corporate Bonds (HYG)   (2 yr chart ) - somewhat flat Investment grade  Corporate Bonds (LQD)   (2 yr chart )  -same  Market concerns:   Inflation, Rising Rates, Russia/Ukraine...   Over  $30  Trillion in debt!   See Debt Clock on the left, or  here ...   New all time highs :   NEM, DUK, ED, SO, TWNK -utilities rallied All time lows:      , and more Stocks on th...