Stock Market Weekly update -Mar 17th
More ups & downs last week, again only to end the week almost unchanged in the SPX, tho the Nasdaq & Small-caps were down, along with the Semis (after spiking the previous week). The Energy sector was up. Both the CPI & PPI reports came in hotter than expected. This week we hear from the Fed.
This week could tell us whether the rally has more room to run short-term. So far the SPX & Nasdaq have dropped for 2 weeks in a row for the 1st time since the rally started in Oct.
The 10 year Interest rate rallied, after dropping for 3 weeks.
The Dollar -was up a bit
Gold pulled back a bit
Oil -was up a bit
Bitcoin/Crypto -Rallied to 73000, before pulling back a bit
Gold pulled back a bit
Oil -was up a bit
Bitcoin/Crypto -Rallied to 73000, before pulling back a bit
What to Expect in the Markets Next Week -Fed
Schwab Weekly Trader's Outlook
Pops & Drops/5 day movers: MSTR popped for a 3rd week as Bitcoin rallied again
GERN, SOUN also popped
TSLA dropped again, as did X, ZG and others
GERN, SOUN also popped
TSLA dropped again, as did X, ZG and others
Earnings: DKS, ORCL popped... ADBE, DLTR, JBL dropped
New all time Highs: CAT, PSX, VLO, PCAR, STLA, PGR, CI, -All time LOWS: RMAX,
S&P 500 - stalled again last week
Market concerns: Inflation? Wars? Anything?
Now over $34 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:
More charts:
Links...
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