TradingSense

 Nice recovery week in the market -lets see how long it lasts in this bear market. We could see a rally to close out the quarter. This rally recovered the most recent big weekly loss, and with any luck we'll see the other weekly loss taken out this week, pushing the SPX back up to the 4100 area. These bear rallies typically don't last more than a week tho... Interest rates pulled back a bit, as did the Dollar, Oil & Gold. Bitcoin/Crypto was up a bit. What was up this week:  Biotech What was down this week:  Energy S&P 500  - popped last week -still in a weekly downtrend  $ NYA  -NYSE Composite and ( IWM )  Small-caps: rallied a bit last week. HYG - High yield  Corporate Bonds    (2 yr chart ) - rallied a bit LQD - Investment grade  Corporate Bonds    (2 yr chart )  -same Market concerns:   Inflation, Rising Rates, Russia/Ukraine...   Over  $30  Trillion in debt!   See De...

We saw a 200 point drop on Thu & Fri as the ECB announced their new 'tightening' program, we also got a much higher than expected CPI report on Friday, along with the lowest Consumer Confidence report ever in history! Next week could see more big market moves, as the Fed is set to announce another interest rate hike, and as we get the biggest ever Quarterly Options expiration on Friday. We also have VIX Futures expiration on Wednesday. And Japan news on interest rates. Bonds  headed down further last week, pushing interest rates back up. The US Dollar also rallied.  VIX rallied, only a bit tho... Oil was up, Gold was up. Bitcoin/Crypto dropped too. AMZN dropped all week after doing a 20-1 split on Monday! TSLA announced a 3-1 split. What was up this week:   What was down this week:  The Yen fell to a 20yr low! S&P 500  - still in a weekly downtrend  Dropped last week  $ NYA  -NYSE Composite  -down last week ( IWM )   Sm...

We closed a little lower for the week, with lots of ups & downs. Next week we get the CPI report, another potential catalyst for market moves. Sgould be a quiet week otherwise. Bonds  flipped back down last week, pushing interest rates back up. The US Dollar also saw a small reversal up. VIX dropped for a 5th week.  Oil was up, Gold was flat. Bitcoin/Crypto was flat. What was up this week:   What was down this week:   S&P 500  - still in a weekly downtrend  Sideways last week & holding near the highs of the previous rally. A further rally could get up to the 4300ish level VIX has been dropping for 5 weeks now! $ NYA  -NYSE Composite  -down a bit last week ( IWM )   Small-caps: Flat last week. HYG - High yield  Corporate Bonds    (2 yr chart ) - still dropping, dropped last week. LQD - Investment grade  Corporate Bonds    (2 yr chart )  -same. Market concerns:   Inflation,...