Stock Market Weekly update -Apr 28th
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 next 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 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
Earnings: CMG, TXN, MSFT, GOOGL, VRT, TSLA rallied,
-IBM, INTC, META, ABBV, JBLU dropped
New all time Highs: GOOGL, VRT, SFM
-All time LOWS:
Percent of Stocks Above 50-Day Average ...up from 30 to 40
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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