Stock Market Weekly -Jun 5th

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   (2yr chart) -still dropping, dropped last week.
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... 

New all time highs:  ...mostly Energy names again
All time lows:    ACB, NVTA
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:, 
 
Events:


CPI


This week's charts: 


Links...
10yr Interest Rates  -stalling?
ETFs performance - Ranked by  Volume
S&P 500 Sector performance -

Commodities/Futures:  
Crude Oil  was up again, closing near 120.26
Gold was up a bit, closing around 1854
The US Dollar was up a bit, closing near 102.18
The 30 year Bond was down, closing near 138.40

News:

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