Stock Market Weekly update -Sep 11th

We got a nice 3 day rally last week, taking out the prior week's losses. We'll see if we get some continuation this week. Market moving events include the CPI & PPI reports, along with Sep Options expiration on Friday -huge positioning for this month.

The long term weekly 'downtrend' from the January high continues (weekly 20MA)...

Bonds dropped, the US Dollar seem stuck here, like Gold, while Oil dropped again.

What to Expect in the Markets Next Week

Bitcoin/Crypto rallied -above 21k

Pops: ZS, DOCU, REGN


S&P 500 -  Rallied last week, but still in a 'weekly' downtrend 


$NYA -NYSE Composite & (IWM)  Small-caps: Also rallied
HYG -High yield Corporate Bonds   (2yr chart) -ditto
LQD -Investment grade Corporate Bonds   (2yr chart) -ditto
Market concerns:   Inflation, Rising Rates, Russia/Ukraine...  
Over $30 Trillion in debt!  See Debt Clock on the left, or here... 

New all time highs:  ALB, AEP, CEG, CI, REGN,   All time lows:  
Options watch:   S&P 500 Implied Volatility  (CBOE VIX) -dropping!
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:ORCL
ADBE
Events:
CPI    PPI
Sep Options expiration.
Consumer sentiment.
This week's charts: 

VIX -dropping

US Dollar -rising





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