Stock Market Weekly update -Oct 22nd

 The SPX dropped last week (now below the 200MA), falling just below  prices from the past 3 weeks, similar to the other indexes, tho the Small-caps are at a much lower level year to date, dropping back to the pre-covid 2020 highs once more!  The VIX was up for a 5th week.

The Dollar -dropped a bit after a 13 week rally! However the 10Yr Interest rate was up.
Gold rallied strong for a 2nd week, Oil was up a bit.
Bitcoin/Crypto rallied.
VIX -was up again 
Pops & Drops/5 day moversNFLX popped, TSLA dropped
Regions Bank dropped below pre-covid 2020 highs, like many other banks -chart.
Percent of Stocks Above 50-Day Average 19%
New all time Highs:  zip!    -All time LOWS:      BYND CHWY LCID VFS



S&P 500 - big pull  back last week -another big earnings week ahead!
* In a downtrend since the July top *


DOW -leading up

S&P500

NASDAQ


1/1/23:  Indexes vs Pre-Covid early 2020 highs -the DOW already got there & reversed


Market concerns:   Inflation? Interest rates! Mid-East conflict
Now over $33 Trillion in debt!  See Debt Clock below, or here... 


Options watch:   
ETFs SPY, IWM, QQQ, SQQQ/TQQQ, XLF, XLE,  EEM, VIX

Stocks AAPL, AMZN, AMD, GOOGL, META, MSFT, NVDA, TSLA...

Next week     
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Earnings:
GOOGL, MSFT, TXN, KO, MMM, V, VZ, NEE, BA, TMO, META, IBM, ORLY, CMEAMZN, INTC, CMG, ENPH, MRK, UPS, ABBV, CVX, XOM, PSX
Events:

PCE, GDP
This week's charts: 

 2023 1st Half returns -Indexes




      Oil was up last week


 Rates -Another week higher!
  Oil prices have been climbing back up         -Interest rates have been climbing since 2020



Back to year 2000!





GOLD shooting for the highs once more...


Links...
ETFs performance - Ranked by  Volume
S&P 500 Sector performance 

News:

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