Stock Market Weekly update -Dec 29

 The Indexes recovered from the sharp Fed pullback, then unexpectedly gave back some of the gains with a big drop on Friday. NVDA continued to struggle since its last earnings announcement on Nov 21, and now trading at the same level from last June. Long term Interest rates moved up again! Let's see what Jan 2025 brings after the 25% run in the SPX for 2024! The SPX chart continues to look good, trending steadily above the weekly 9MA and the 20MA.


This week:  Schwab Weekly Trader's Outlook


Wed -New Years day holiday.

Santa rally? Last chance!


The 10 year Interest rate -rallied again 4.62%

The Dollar -another week up 108.00

Gold - flat at  $2621

Oil -up a bit  to 70.18

Bitcoin/Crypto:  - choppy, now near the 95k level

 

New all time Highs: RGTI, URBN, DRI,  - short list

    ALL time Lows:  – ABEV, CGC, 


Pops & Drops/5 day movers:,   -Pops:   RGTI, QBTS, RUM,  Drops - 

Earnings movers: . ,,    

Percent of S&P 500 stocks above the 50 day Moving Average: unchanged from 25.5 to 25.6%


This week:     …


Mon

Tue

Wed

Thu

Fri

Earnings






Events



New Years





Markets:

The indexes -trying to recover from the big Fed drop.



SPX: last week’s recovery 




Stocks last week 




Sectors last week -recovered a bit





Market concerns:   Inflation? Wars? Debt?  Anything?

Now over $36.2  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:



11/17 PLTR -time to take profits??   

12/29 Still chugging along…




12/22 Brazil ETF








SECTOR TRACKER 2024





12/06:  S&P 500: 8 Stocks Drive 50% Of The Year's $11.8 Trillion Stock Gain



Links...

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

Top 100 Stocks

 Commodities / Futures
 Crypto   Crypto News
Largest Companies by Marketcap

News
Dow tumbles 500 points as Wall Street sells off Big Tech

10-Year Treasury Yield Rose 100 Basis Points since September as the Fed Cut 100 Basis Points…

Mortgage rates jump up, finish the year at a five-month high

Netflix touts biggest-ever NFL streaming ratings, peaking with Beyoncé’s halftime show

U.S. homelessness jumps to another record high, amid affordable housing shortage

Credit card debt set to hit record levels as consumer holiday spending rises

Why tech giants such as Microsoft, Amazon, Google and Meta are betting big on nuclear power

German insolvencies soar as economic pressures mount

Crypto/Blockchain:  

Ripple Launches RLUSD Stablecoin Backed By U.S. Dollar Reserves After Securing NYDFS Approval 

BlackRock doubles down on IBIT exposure through its Global Allocation Fund

Cardano’s Hoskinson Eyes Groundbreaking Integration with Ripple’s XRP

Inside Hoskinson’s Plan to Unlock $20 Trillion in Crypto Assets with Cardano’s Midnight Protocol

Blockchain Association Files Lawsuit Against IRS Over New DeFi Regulations


Crypto Banter (@crypto_banter) posted at 7:40 AM on Fri, Dec 06, 2024:

‘Blockchain’ Activity Breakdown… 

🔴 Solana ( $SOL ) dominates with 44% (DeFi leading at 4.5M)

🔴 $NEAR Protocol at 17.8% (Infrastructure: 1.4M)

🔴 $TRON holds 17.3% (Wallet-to-wallet transfers: 1.9M)

🔴 $BASE climbs to 5.2% (DeFi: 383K)

🔴 Ethereum ( $ETH ) & $SUI trail 



24/7 Wall St.

Fear & Greed Index
Top 100 stocks to buy  

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