Stock Market Weekly update -Jan 26
We got a 2nd weekly rally in the indexes, with the SPX closing near the 6100 level, a new all time high, and with the President sworn into office on Monday. AAPL had another down week, making it 4 weeks in a row now, while the market is rallying. NFLX popped to a new all time high on earnings. Gold rallied to new all time highs, while Bitcoin also touched a new all time high. On Wed we get the Fed interest rate announcement. This week: Schwab Weekly Trader's Outlook Month ends on Fri Jan 31 Fed on Wed, PCE, PMI on Fri, and more earnings Earnings week #3 AAPL, MSFT, TSLA & more … The 10 year Interest rate -flat at 4.62% The Dollar -dropped to 107.47 Gold - rallied to new ATH $2770 Oil -dropped to $74.53 Bitcoin/Crypto - rallied to the 109k level (ATH) then pulled back a bit New all time Highs : AMZN, META, TSM, VRT, JPM, MS, BK, UBS, BAM, KKR, IBKR, V, ANET, BSX, RKLB, DKS, DE and more… ALL time Lows :...