Stock Market Weekly update -Feb 23

 We started the week off with a new all time high on Tue & Wed, then pulled back on Thu and crashed on Fri, which was Options expiration day for Feb! The DOW & Small-Caps were the weakest. PLTR dropped 14% for the week, 

AMZN -6%, 

META -6.2%, 

AVGO -7.3%, 

TEM -17.5%, 

CRWD -10.4%, 

CRM -6%, 

HIMS -31%, 

UNH -12.2%, 

WMT -9.8%, 

HD -6.6%, etc. 

Next week we get NVDA earnings, also CRM, HD, LOW and others. The S&P500 tried for a 3rd time since Dec to break out to new all time highs but failed again, falling back into the range where it has been stuck for the past few months. This week we could see more choppy price action -time will tell.



The 10 year Interest rate -dropped to 4.42%

The Dollar -flat at 106.64

Gold - rallied to another new ATH at $2934

Oil -dropped again to $70.18

Bitcoin/Crypto  - dropped to near the 95k level 

 

New all time Highs:  PM, FOXA, LVV, CCEP, NI, VRNA, WH, MELI, DDS   ALL time Lows:  -TLRY, XRX,    

Pops & Drops/5 day movers:,   Pops:  SMCI,    Drops - BBAI

Earnings movers: BABA, CELH, U rallied   - WMT dropped

Percent of S&P 500 stocks above the 50 day Moving Average: dropped from 54.67 to 52.08%


This week:     …


Mon

Tue

Wed

Thu

Fri

Earnings

HIMS, DPZ

HD, BMO, INTU, 

NVDA, CRM, SNOW, LOW, NRG, TJX, 

DELL, RY, TD, 


Events





PCE, PMI



Markets:

The indexes -SPX failed to take out the all time high again…



SPX: If a new downtrend starts, the Jul high could b a potential target level




  DOW topped?

  Small-caps  -2nd time dropping below the Jul high




Stocks last week -




Sectors last week 



Market concerns:   Inflation? Wars? Debt?  Anything?

Now over $36.5  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:



UNH continues to breakdown 




Feb 16



Feb 16




S&P 500 Total Percent Returns



Name


Feb 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

Dow drops 700 points for worst day of 2025 so far on new fears about economic growth

Nvidia earnings, the Fed's preferred inflation gauge coming this week

UnitedHealth Crashes 9% as DOJ Investigation Uncovers Billion-Dollar Medicare Billing Scandal

Shares of Hims & Hers tumble 26% after FDA says semaglutide is no longer in shortage

Total US household debt jumped +$93 billion in Q4 2024, to a record of $18.04 trillion,,,

S&P 500 price-to-sales ratio hits highest level since the Peak of the Dot Com Bubble 

Charles Schwab expands 24/5 trading to all clients

Crypto/Blockchain:  

SEC Approves First Interest-Bearing Stablecoin in U.S., Offering 3.85% Yield to Verified Holders

Coinbase says the SEC has agreed to end 'bogus' enforcement case against crypto exchange

Ethereum Falls as Crypto Exchange Bybit Confirms $1.4 Billion Hack


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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