Stock Market Weekly update -Apr 14th

 We got a hot CPI report, causing a second weekly drop in the SPX, though with a lot of chopping around, closing the week at the 50MA and lower on all the indices again. JPM, BLK, WFC all dropped after reporting earnings on Friday!  The VIX rallied for a 2nd week as well. So we continue to see a change in character for this 5 month stock rally.

This week we get more Bank earnings, along with NFLX, TSM, and others. 

The Dollar -saw a big rally, rising for most of the year
The 10 year Interest rate was up again, rising since the start of the year
Gold had another big rally, but pulled back a bit.
Oil -was flat, tho also rallying since the start of the year
Bitcoin/Crypto -pulled back on Friday

What to Expect in the Markets Next Week -earnings
Schwab Weekly Trader's Outlook

Pops & Drops/5 day movers:   Gold popped,   
--INTC dropped Also MARA, SOUN
BA continued with another weekly drop, which started in Jan.
Earnings:   JPM dropped

New all time Highs:   GOOGL, XOM, FANG, NRG, SCCO
-All time LOWS:   RIVN, LCID, VFS, AMC, HTZ, BIG

Percent of Stocks Above 50-Day Average ...dropped from 53 TO 37
Top 100 Stocks To Buy

S&P 500 - 2nd week down


SPX -2 weeks chopping around


Stocks last week +- 6% highlighted


Sectors last week -Financials, Real Estate, Healthcare, dropped 



Stocks above their 50MA -dropping since Jan
Market breadth tells the real story!



4/7: Since Jan,  Stocks continue to rally, while 10yr Rates are rising
...one of these is probably going the wrong way!
4/14: We are now finding out which one was going the wrong way




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:      
MonTueWedThuFri
Earnings:GSBAC, MS, JNJ, UNH, UALDALNFLX, TSMAXP, PG
Events:




More charts: 

Gold Futures touched $2400 last week!
Left a long tail tho...


Links...
10yr Interest Rates  -rising since Jan
ETFs performance - Ranked by  Volume 
S&P 500 Sector performance 

News:
Dow tumbles 475 points, S&P 500 suffers worst day since January as inflation woes erupt
Surging inflation fears sent markets tumbling and Fed officials scrambling
24/7 Wall St.
Fear & Greed Index 

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