TradingSense

  Last week saw another move higher, with a 4% rise in the SPX. The DOW rallied even more, while the Nasdaq was a bit weaker, after companies like GOOGL, AMZN, and META dropped on reporting earnings. Next week we get more earnings, and the Jobs report on Friday. More importantly tho, we get the Fed rate announcement on Wednesday. The long term weekly ' downtrend ' from the January high continues in the SPX (weekly 20MA)... The Dollar was down a bit more, as rates dropped. Gold was mostly flat, as was Oil. Bitcoin/Crypto was up a bit. The debt clock now shows over  $31 TRILLION! What to Expect in the Markets Next Week   Pops :  GILD, SHOP, XOM    Drops :  AMZN, GOOGL, META  S&P 500  -  Still rallying  -tho in a 'weekly' downtrend.  $ NYA  -NYSE Composite & ( IWM )  Small-caps: rally mode HYG - High yield  Corporate Bonds    (2 yr chart ) -ditto LQD - Investment grade  Corporate Bonds  ...

Last week saw another move higher, as the Fed possibly signaled a rate slowdown (on Friday morning, ahead of their quiet period), and as October Options expired on Friday -lots of Puts expired worthless with last weeks rally! Next week we get a busy week of earnings, with large cap and large Tech reporting. We also get some more economic reports. The long term weekly ' downtrend ' from the January high continues in the SPX (weekly 20MA)... The Dollar was down a bit, and we saw a huge drop vs the Yen.  Bonds dropped again/higher rates -13th week?  The 10year yield held above 4%.  Gold was flat, as was Oil. ...and the debt clock now shows over  $31 TRILLION! What to Expect in the Markets Next Week  -more BIG-CAP earnings. Next week could be the busiest of the corporate earnings season. Investors can expect earnings from big tech, with Apple, Amazon, Google, Microsoft, and Meta Platforms all scheduled to report. Other prominent companies reporting earnings next wee...

Last week saw some extreme moves after the CPI report, first dropping, then rallying by a massive amount to end the day, only to be followed the next day with another drop. We ended the week almost flat. Next week we get the first busy week of earnings, to include TSLA & NFLX. Also October Options expiration -another big one like September. The long term weekly ' downtrend ' from the January high continues in the SPX (weekly 20MA)... The Dollar was up a bit, with a continued strong move against the Yen .  Bonds dropped again/higher rates -12th week?  The 10year yield closed above 4%.  Gold was down, as was Oil. ...and the debt clock now shows over  $31 TRILLION! What to Expect in the Markets Next Week  -more earnings & Options expiration. Bitcoin/Crypto was flat again, still bouncing around 20k Pops :      Drops :   S&P 500  -  Still trying to bounce from 3600ish -in a 'weekly' downtrend.  S&P 500 weekly...