TradingSense

  We rallied for another week and closed near 5738 on the SPX, also setting another new all time high for a 2nd week! The DOW continued to set new all time highs as well. Semiconductors rallied, but are still lagging somewhat. The Small-caps dropped slightly to 2275 -if it can get over 2275 (2300 on the Futures), we could see further upside.  China stocks recorded one of the largest weekly gains on record after a new government stimulus was announced! This week we get the monthly Jobs report -could be a market mover. This week:   Schwab Weekly Trader's Outlook Jobs report The 10 year Interest rate -was actually up a bit, for a 2nd week!  3.75% The Dollar -dropped for a 4th week. 100.71 Gold -popped for a 3rd week! $58 Another new all time high! Oil -dropped to 68.57 -now near the Jul 2023 low Bitcoin/Crypto :  -rallied for a 3rd week to over 66,000 New all time Highs :  AXP, LOW, MCD, MET, TCOM, IBM, LMT, OTIS, HLT, TOL, SHW UL, & more  ...

  We rallied for another week closing near 5702 on the SPX after a nice Post Fed rally, and finally achieving a new all time high on the SPX! The DOW also set new all time highs once again. NVDA & Semiconductors were mostly sideways though. The Fed surprised Wall Street with a .5% Interest rate cut, starting a new rate easing cycle. This week we get the PCE report on Friday -could be a quiet week? Next week:   Schwab Weekly Trader's Outlook PCE report The 10 year Interest rate -was actually up a bit!  3.72% The Dollar - once more, dropped a bit! 100.74 Gold -popped for a 2nd week! $2622 New all time high! Oil -rallied for a 2nd week 71.19  Bitcoin/Crypto :  -rallied again to 64,000ish New all time Highs :  AXP, BK, BX, ALL, ANET, CEG,CAVA,  META, NOW, NDAQ, RCL, IBN   ALL time Lows :  – Pops & Drops/5 day movers : CEG popped Earnings movers : ,,     FDX, dropped Percent of stocks above the 50 day Moving Average : u...