Stock Market Weekly -Jun 26th

 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   (2yr chart) -rallied a bit
LQD -Investment grade Corporate Bonds   (2yr chart) -same
Market concerns:   Inflation, Rising Rates, Russia/Ukraine...  
Over $30 Trillion in debt!  See Debt Clock on the left, or here... 

Options watch:   S&P 500 Implied Volatility  (CBOE VIX) -HIGH end of the range
ETFs SPY, IWM, QQQ, GLD/SLV, USO, XOP, VXX, XLF, XLE, FXI, EEM EWZ, 

Stocks AAPL, AMD, BAC, BABA, DIS, FB, MSFT, NFLX, NVDA, T, TSLA...

Next week:      
MTWTF
Earnings:NKE, 
 MU, WBA
Events:





This week's charts: 





The Bearish trend continues


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