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Showing posts from February, 2024

Stock Market Weekly update -Feb 25th

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NVDA saved the week, prompting a huge market rally on Thursday and pushing the SPX to a new all time high, now approaching 5100.  Small-caps did not participate in the rally, tho the NYA did, also hitting a new all time high. The 10 year Interest rate dropped slightly to 4.25, with a corresponding small drop in the Dollar. Next week we get the PCE inflation report. Bonds  -10yr Notes paused -after dropping almost every week in 2024! The  Dollar  -also paused after  a 7 week rally Gold   was up a bit. Oil  -was down a bit Bitcoin /Crypto  -was somewhat flat after hitting 52000 What to Expect in the Markets Next Week  - more Earnings PCE report  Pops &   Drops/5 day movers :  IOVA popped...  NVDA, BCS, CVNA,  rallied on earnings PANW,  DBX, TDOC, ROKU, RIVN, dropped on earnings. New all time Highs :   NVDA, META, CSX, JPM, BSX, MRK, V, ROST, TJX, BRK.B,  TRV& more...   -All time  LOWS :...

Stock Market Weekly update -Feb 18th

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We got a small reversal of the non-stop weekly up-trend last week in the SPX, after a hot CPI report. Meanwhile t he small caps continued to show signs of life, rallying for a 2nd week. 1 0 year Interest rates were up for yet another week, slowly climbing since the beginning of 2024 -a headwind for stocks maybe?  SMCI dropped 200 points on Friday! Next week we get the much anticipated earnings report from NVDA . Stocks Snap 5-Week Winning Streak After Another Hot Inflation Report Bonds  -10yr Notes dropped again, dropping almost every week in 2024! The  Dollar  -rallied for a 7th week Gold   was down a bit for another week. Oil  -rallied for a 2nd week. Bitcoin /Crypto  -saw another big rally to 51,500! What to Expect in the Markets Next Week  - more Earnings NVDA, HD, WMT Pops &   Drops/5 day movers :  BITF, COIN, JBLU, PLCE and more... AMAT, HOOD, LYFT, TTD rallied on earnings SMCI, ADBE dropped. ROKU,  dropped on earnings. Ne...