Stock Market Weekly update -Jul 7

   We closed out the week at around 5567 on the SPX, blowing past the 5500 level and hitting another all time high, likewise for the Nasdaq, with a big rally every day last week!  The Russell 2000 (small-caps) continues to lag even more than before. TSLA was the star performer last week, up over 27%, after also being the winner for the prior week! The Unemployment Rate ticked up a bit to 4.1% from 4.0%.


New Jobs:


New all time Highs:   AAPL, AMZN, META,, GOOGL, MSFT, ARM, TSM, ASML, ORCL, ANET, WMT, COST, and others. NFLX almost made it.


The Dollar -dropped
The 10 year Interest rate (4.27%)  -dropped
Gold -rallied
Oil -up for a 4th week
Bitcoin/Crypto -big drop, 4th week dropping

Pops & Drops/5 day movers:  TSLA, PBI, WULF, popped
Earnings movers:   
Percent of Stocks Above 50-Day Average ...Flat from the prior week at around 39% 
Top 100 Stocks To Buy

Next week:      
MonTueWedThuFri
Earnings:

DAL, PEPBK, C, JPM, WFC
Events:FedFedCPIPPI

Markets:
S&P 500 - Another weekly all time high


Stocks last week +- 6% circled

Sectors last week - Tech led the way!




Market concerns:   Inflation? Wars? Price extremes? 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...

More charts: 


LLY - 9th week up! New weekly all time high.


ANET -good climber! Another all time high

WBA -bad drugs?? Down yet another week!

LULU -bad yoga pants??  Down yet another week!



Key 'Levels' 


6/30: The SPX again touched 5500 before pulling back last week

The Nasdaq again touched 20000 before pulling back last week


7/7 week -below. We blew right past both levels!




Bitcoin -recent Double Top 
Dropped some more last week

Links...
ETFs performance - Ranked by  Volume 
S&P 500 Sector performance 

News:    
S&P 500, Nasdaq post record closes Friday as jobs report raises Fed rate cut hopes
June jobs report: US labor market adds 206,000 jobs, unemployment rate rises to 4.1%
10-year Treasury yield falls after unemployment rate rises unexpectedly
The Largest Tech ETFs Are About To See A Major Shake Up!
BMO: Eli Lilly’s (NYSE:LLY) Alzheimer’s Drug Could Boost Sales by $7.1B

Japan and Taiwan stock benchmarks hit all-time highs as Asia-Pacific markets rally

Crypto:   

24/7 Wall St.
Fear & Greed Index 

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