Stock Market Weekly update -May 12th
We rallied every day last week, closing around 5222 on the SPX, not far from the all time high. as the VIX dropped back to multi-year lows! Next week we get PPI & CPI, potential market movers. Monthly Options Expiration on Friday as well.
The 10 year Interest rate -also up a bit
Gold rallied
Oil -flat
Bitcoin/Crypto -dropped again
What to Expect in the Markets Next Week -PPI, CPI, Retail Sales report
Schwab Weekly Trader's Outlook
Earnings: ANET rallied -DIS, SHOP, ABNB, RBLX, TRIP dropped
New all time Highs: ANET, GS, CMG, COST, NTNX, PG, ADI, VRT, -All time LOWS:
Percent of Stocks Above 50-Day Average ...up from 47 to 54%
S&P 500 - 3rd week up
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, VIX | |
Stocks | AAPL, AMZN, AMD, GOOGL, META, MSFT, NVDA, TSLA... |
Next week:
More charts: (5/05)
Links...
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