Stock Market Weekly update -Feb 16

 Stocks dropped & then popped after the CPI report on Wed, closing near the all time high levels seen in Dec and Jan -now we wait to see if we can break above this level, or digest these recent gains first. Also, this week’s VIX, and Options expirations could sway markets in one direction or the other, though the longer term weekly uptrend is very much intact, based on the weekly 20MA. 

PLTR, META, NFLX, WMT, COST, HIMS, and Gold continued to rally to all time highs. Markets will be closed on Monday.


This week:  Schwab Weekly Trader's Outlook



Feb Monthly Options expiration on Fri

VIX Futures expiration on Wed


10 year Interest rate -mostly flat at 4.47%

US Dollar -dropped to 106.58

Gold - rallied to another new ATH  $2882

Oil -dropped again to $70.50

Bitcoin/Crypto  - mostly flat near the 97k level 

 

New all time Highs: META, PLTR, CRWD, NFLX, PM, WMT, BJ, FTNT, HIMS, TEM, EQH, GS, JPM, MS, TMUS, YUM, SPOT, WPM, RGLD, ICE  and more…     ALL time Lows:  -


Pops & Drops/5 day movers:,   Pops: HIMS, JTAI, SMCI, TEM, APPS, INTC, CRSP    Drops - SOUN

Earnings movers: KO, MCD, GILD, DASH, CVS, HOOD, ABNB, DKNG, ROKU rallied  - TTD dropped

Percent of S&P 500 stocks above the 50 day Moving Average: moved up from 49.50 to 54.67%


This week:     …


Mon

Tue

Wed

Thu

Fri

Earnings

RIG

BIDU, ANET, OXY

VALE

BABA, WMT, NEM


Events

Holiday


VIX Futures Expir..


Options expir..



Markets:

The indexes -SPX back at all time highs


SPX: broke out above the ‘lower highs’ trend 




Stocks last week -



Sectors last week 



Market concerns:   Inflation? Wars? Debt?  Anything?

Now over $36.4  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:



PLTR followup! No it wasn’t time to take profits yet…











S&P 500 Total Percent Returns



Name


Price

Solana

SOL

192.00

Chainlink

LINK

18.35

Uniswap

UNI

9.60

Sui

SUI

3.45

Ondo

ONDO

1.32


Feb - 5 Cryptos to watch in 2025


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

Stocks near record highs as investors await Fed minutes, manufacturing update: What to know this week

US retail sales plunged along with temperatures in January after a bustling holiday season

Alibaba Shares Surge to Highest Since 2022 on AI Rally

Crypto/Blockchain:  

Mastercard tokenized 30% of its transactions in 2024

Tether working with US lawmakers to shape stablecoin policy

Tokenized real estate can solve the property ownership crisis | Opinion

The Tokenization Revolution: Reshaping How We Own and Trade Assets


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 


Dec 2024


24/7 Wall St.

Fear & Greed Index
Top 100 stocks to buy  

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