Stock Market Weekly update -Jan 5

Happy New Year!

 The Indexes dropped again last week, then recovered a bit on Friday, but still lost ground for the week. NVDA saw a nice recovery bounce on Friday, while AAPL dropped all week (AAPL & TSLA were the biggest tech losers for the week).The SPX chart is now down for 4 weeks, but holding above the weekly 20MA, while the Small-cap IWM bounced for the week but still closed just below the weekly 20MA.  


This week:  Schwab Weekly Trader's Outlook


Fri Jobs report



The 10 year Interest rate -mostly flat 4.6%

The Dollar -yet another week up 108.92

Gold - up a bit  $2638

Oil -rallied  74.01

Bitcoin/Crypto:  - rallied to near the 98k level

 

New all time Highs: RGTI, URBN, EAT, VRNA  - short list

    ALL time Lows:  – ABEV, 


Pops & Drops/5 day movers:,   -Pops:  QSI,  Drops - 

Earnings movers: . ,,    

Percent of S&P 500 stocks above the 50 day Moving Average: dropped from 25.6% TO 22.7


This week:     …


Mon

Tue

Wed

Thu

Fri

Earnings


CALM


KBH, WBA

DAL

Events





Jobs report



Markets:

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



SPX: Holding up above the red support line so far… 

The DOW & Small-caps have already dropped below their support lines




Stocks last week 




Sectors last week -Energy was the winner




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:



Quantum computing stocks are the new AI stocks



2024 Review – Another 20% Year. What's Next?




China's 10-Year Note Yield is now below 1.60% for the first time in history.




2024





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
The Best Two Years in a Quarter Century for Stocks

Nvidia's market value gets $2 trillion boost to more than double in 2024 amid AI rally

A New Trading Year Begins With 10-year Treasury Yields Near 7-month Highs

The S&P just had one of its worst months for breadth ever…

The top 10 stocks in the S&P 500 are now almost 800 TIMES larger than the 75th percentile stock.

The S&P 500's 2.6% decline from Christmas through year-end was the worst end to a year since at least 1952.

Zero-Day Options Are Most Popular on S&P 500 as Dominance Grows

Tesla Stock Drops as Q4 Deliveries, Vehicle Production Fall Short

Crypto/Blockchain:  

Grayscale Research Unveils Top 20 Crypto Picks for Q1 2025…

Solana shines amid record-breaking DEX trading volumes in December

SUI Price Hits ATH Eyeing Rally to $10, Key Factors to Watch

Solana Is Now 'Quantum Resistant'—What Does That Mean?

Ethena reveals roadmap for 2025, eyes Telegram payment app

Tether and Circle generate $664 million in December revenue commanding stablecoin market

IRS Delays Implementation of New Crypto Cost-Basis Reporting Rules


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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