Stock Market Weekly update -Nov12th

 The SPX saw another rally last week, following the huge rally of the previous week, and now taking us above the 4400 level on the SPX.  The Small-caps and the DOW continue to lag -indexes.

This week we get CPI/PPI data, along with earnings from the big retailers (WMT, HD, etc) -the market has had a huge recent run so we'll  see where it goes from here.

What to Expect in the Markets Next Week - CPI/PPI,  Earnings, Government shutdown rumblings

Moody’s Changes U.S. Credit Outlook to ‘Negative’

The Dollar -was up a bit.  The 10Yr Interest rate was mostly flat.
Gold dropped, as did Oil.
Bitcoin/Crypto continued its rally!

Pops & Drops/5 day movers:  DDOG popped, DISH, GRPN, PLUG, TTD, UPST dropped
Percent of Stocks Above 50-Day Average ...dropped to 40%
New all time Highs:  AVGO, CAH, DELL, MSFT, PGR
-All time LOWS:   LCID , 



S&P 500 - broke above a big level on Friday 
* 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:      
MTueWThuF
Earnings:, 
Events:
CPI

This week's charts: 

 2023 1st Half returns -Indexes



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