Stock Market Weekly update -Dec 1

 The SPX rallied for another week closing over 6000 (near 6032). The DOW and Russell2000 closed at all time highs (first time for the Russell since 2021). Long term Interest rates dropped, and so did the Dollar. NVDA dropped for a 2nd week after reporting earnings. WMT continued to rally like a tech stock! 

This week:  Schwab Weekly Trader's Outlook


 



The 10 year Interest rate -dropped to 4.17%

The Dollar -dropped after rallying for 8 weeks: 105.78

Gold - somewhat flat  $26.50

Oil -dropped  to 68.30

Bitcoin/Crypto:  - dropped & recovered to around 96k!

, 

New all time Highs:  APPL, BK, MA, SYF,  KKR, NDAQ, RKLB, BJ, WMT, SFM, AJG, MMC, MAR 

    ALL time Lows:  – 


Pops & Drops/5 day movers:,   -Pops: ACHR, QUBT, OPEN, HIMS, JOBY   Drops - SAVA

Earnings movers: ...  popped.   dropped,,    

Percent of S&P 500 stocks above the 50 day Moving Average: Up from 63 to 69%


This week:     …


Mon

Tue

Wed

Thu

Fri

Earnings

ZS

CRM

DLTR, FL

DG, LULU, PATH,


Events









Markets:

Another rally week & new all time high!



SPX: -we got a nice rally for a 2nd week




Stocks last week 




Sectors last week 





Market concerns:   Inflation? Wars? Debt?  Anything?

Now over $36.1  Trillion in debt!  See Debt Clock below, or here... 


Options watch:   

High IV (Implied Volatility) stocks -link   

High Options volume:   (most active link, or here)

ETFs

SPY, QQQ, IWM, SQQQ/TQQQ, SMH, XLF, XLE, VIX -also SPX index

Stocks

AAPL, AMZN, GOOGL, META, MSFT, NVDA, NFLX, TSLA...



More charts:



US Dollar : After 8 weeks up, we get a pullback! 




11/17 PLTR -time to take profits??   11/29 -Nope!




WMT -a DOW stock on fire!



AXP -another DOW stock on fire



GS -another DOW stock on fire



JPM -another DOW stock on fire




V -another DOW stock on fire



AAPL -another DOW stock.  63x Book value! 



NFLX -still powering higher!






11/17 Coffee & OJ  -Inflation is over? 11/29 Yet another week up for Coffee






Links...

10yr Interest Rates
Labor Force Participation Rate
 U.S. Initial Jobless Claims
ETFs performance - Ranked by  Volume
 S&P 500 Sector performance
 Commodities / Futures
 Crypto

News
Dow jumps nearly 200 points to record in short session, S&P 500 posts best month of 2024

Controversial Alzheimer’s drug from Cassava Sciences fails clinical testing

First Around-the-Clock US Stock Exchange Wins SEC Approval

PBOC Injects $111 Billion of Liquidity as Bond Supply Surges


Crypto/Blockchain:  

Bitcoin ETFs See Record Monthly Inflows of $6.2 Billion

Ethereum Layer-2 Networks Surpass $51.5B TVL, Marking 205% Growth and Record Transaction Speeds

Is competition hindering Ethereum's growth amid bull market?

What's New in AI Crypto and Blockchain?

Brazil Proposes Ban on Stablecoin Transfers to Self-Custody Wallets


24/7 Wall St.

Fear & Greed Index
Top 100 stocks to buy  

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