TradingSense

 We got a small rise in the markets over the short holiday week. Next week could be another quiet week, or not...? We could see a continuation of the rally. We get the monthly Jobs report on Friday. The long term weekly ' downtrend ' from the January high continues in the SPX  (weekly 20MA line) , tho the moving average line could be starting to flatten here! The Dollar was down a bit, as rates fell. Gold was flat, while Oil dropped again. Bitcoin/Crypto was flat again. What to Expect in the Markets Next Week  -. Pops :  Drops :    S&P 500  -    -continuing the recent 'weekly' rally.  -now at a potential resistance trend line for the 3rd time VIX  -still trending down, from the Oct 13th CPI high Could be approaching a bottom here... $ NYA  -NYSE Composite & ( IWM )  Small-caps: mostly flat to up a bit. HYG - High yield  Corporate Bonds    (2 yr chart ) -rallied last week LQD - Investment grade  ...

The markets were mostly flat for the week, tho with large swings in between. Next week the markets are closed on Thursday for the Thanksgiving holiday. We also get the Federal Reserve meeting minutes on Wednesday. Next week could be another quiet week, or not...? The long term weekly ' downtrend ' from the January high continues in the SPX  (weekly 20MA)... The Dollar was  mostly   flat, as was rates. Gold pulled back a bit, while Oil dropped. Bitcoin/Crypto was also flat. Investors Lose $5 Trillion On 12 Stocks They Bet The Farm On What to Expect in the Markets Next Week  -. Pops :  BABA, JD, TSM, ROST   Drops :    S&P 500  -    -still in a 'weekly' downtrend.  VIX -still trending down, from the Oct 13th CPI high $ NYA  -NYSE Composite & ( IWM )  Small-caps: mostly flat HYG - High yield  Corporate Bonds    (2 yr chart ) -ditto LQD - Investment grade  Corporate Bonds   ...

 Last  week saw a huge rally in markets after we got the CPI report  on Thursday. T he Nasdaq added over 8% for the week! We could see a continuation of the rally as we head into Nov Options expiration on Friday. The long term weekly ' downtrend ' from the January high continues in the SPX  (weekly 20MA)... The Dollar dropped, as did rates. Gold was up, Oil was mostly flat. Bitcoin/Crypto 'crashed' after the collapse of the FTX Exchange. FTX Files For Bankruptcy, CEO Steps Down Investors Lose $5 Trillion On 12 Stocks They Bet The Farm On What to Expect in the Markets Next Week  -'Retailers' earnings, Nov Options Expiration. Pops :  Drops :    S&P 500  -  Big rally!   -tho still in a 'weekly' downtrend.  DOW is leading the recent rally! $ NYA  -NYSE Composite & ( IWM )  Small-caps: rallied HYG - High yield  Corporate Bonds    (2 yr chart ) -ditto LQD - Investment grade  Corporate Bonds...

Last week saw a drop in markets after the Fed  announced another  rate increase on Wednesday.  Next week we get the CPI report on Thursday, along with the mid-term elections on Tuesday. Anything could happen! U.S. Nonfarm Payrolls Rise by 261,000 in October, Topping Expectations Fed Strikes New Tone, Stocks Still Slide After Latest Rate Hike The long term weekly ' downtrend ' from the January high continues in the SPX (weekly 20MA)... The Dollar was flat, as rates were up a bit. Gold was up a bit, as was Oil. Bitcoin/Crypto was up a bit for a second week. What to Expect in the Markets Next Week  -elections, CPI Pops :  TWNK    Drops :  QCOM, TEAM, TWLO  S&P 500  -  pulled back last week   -tho in a 'weekly' downtrend.  DOW is leading the recent rally! $ NYA  -NYSE Composite & ( IWM )  Small-caps: dropped a bit HYG - High yield  Corporate Bonds    (2 yr chart ) -ditto LQD - Investment g...