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Showing posts from April, 2024

Stock Market Weekly update -Apr 28th

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We rallied last week after a 3 week drop, with some help from MSFT & GOOGL after they  reported earnings. The Semis saw a big rally, tho not enough to overcome the big drop from the prior week. Long term Interest Rates continued to rise too, providing a headwind for stocks.  We had a  Bank failure over the weekend, and n ext week we get more Earnings reports, along with the Fed, the Treasury, and the Jobs report -could be a volatile week. Five potential market-moving events to be mindful of The  Dollar  -was mostly flat again, tho rising for most of the year The 10 year Interest rate was up for a 4th week,  rising since the start of the year Gold   dropped Oil  -was up a bit,  rallying since the start of the year Bitcoin /Crypto  -dropped for a 4th week What to Expect in the Markets Next Week  -more earnings, Treasury, Fed, Jobs Schwab  Weekly Trader's Outlook Pops &   Drops/5 day movers :    ,  ...

Stock Market Weekly update -Apr 21st

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 We got a 3rd weekly drop in the SPX, this one much bigger than the prior 2 drops, after more tensions in the Middle East, and rising Rates,  confirming a change in direction for the 5 month rally.  Semis & tech were hit hard,  Next week is loaded with Earnings reports, including some big Tech. Change for the week The  Dollar  -was mostly flat, tho rising for most of the year The 10 year Interest rate was up for a 3rd week,  rising since the start of the year Gold   had yet another big rally. Oil  -dropped, tho  rallying since the start of the year Bitcoin /Crypto  -dropped, but seems to be recovering What to Expect in the Markets Next Week  -lots of earnings, GDP, PCE Schwab  Weekly Trader's Outlook Pops &   Drops/5 day movers :   Gold  popped again,    --ARM, COIN, MSTR, NVDA, SMCI, SOUN & others  dropped  TSLA has been dropping since the high of $300 last sum...