Stock Market Weekly update -Nov 19th

 The SPX rallied for a 3rd week, closing just above 4500, and we saw the Nasdaq 100 closing near the highs for the year -quite a comeback from the October lows!.  (indexes)

Watching the Bond auctions on Monday. Also NVDA earnings on Tuesday. Short holiday week.

Tech stocks wrap up strongest three-week rally since early days of Covid in April 2020

What to Expect in the Markets Next Week - Bond auctions, NVDA earnings 

The Dollar -dropped.  The 10Yr Interest rate also dropped.
Gold was up, while Oil dropped.
Bitcoin/Crypto was mostly flat.

Pops & Drops/5 day movers: TGT popped,  WMT dropped
New all time Highs:  AVGO
-All time LOWS:   CHPT, FSR, LAZR
Percent of Stocks Above 50-Day Average ...moved up to 61% 

S&P 500 - big breakout out after the CPI report



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:      
MTueWThuF
Earnings:, LOW, NVDA
Events:Bond Auction


This week's charts: 

 2023 1st Half returns -Indexes







Links...

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