Stock Market Weekly update -Mar 30

Ugly week! We saw a huge drop in the markets last week, after a huge pop on Monday. Tariffs seemed to be the main culprit, along with deteriorating consumer sentiment, and inflation fears.  

As the Dollars drops, Gold closed at another weekly all time high, now near $3085!


This week:  Schwab Weekly Trader's Outlook

Edward Jones recap

Tue April 2nd tariff day!

Monthly Jobs report on Fri


-Big week ahead! Tariffs, Jobs, Quarter end, more selling? 


The 10 year Interest rate -flat again, at 4.25%

The Dollar -flat at 104.11

Gold - 4 week rally to $3084.98

Oil -up a bit at $68.97

Bitcoin/Crypto  -down a bit, near the 82.55k level 

 

New all time Highs:  AEM, WPM, RGLD, ED, CAH, L,    ALL time Lows:  - CGC, DNUT, XRX,    

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

Earnings movers:  Pops:        Drops: LULU, 

Percent of S&P 500 stocks above the 50 day Moving Average: mostly unchanged from 33.2 to 33.59%


This week

Mon

Tue

Wed

Thu

Fri

Earnings






Events

PMI

ISM



JOBS



Markets:  The indexes dropped again!


SPX - failed to hold above that Jul level 




SPX weekly chart - ‘potential’ levels

Small-caps already touched the Jul ‘2022’ and 2023’ level!




Stocks last week -NVDA, AVGO dumped, among others




Sectors last week -Tech dumped




Credit Spreads





Market concerns:   Inflation! Wars? Debt?  Tariffs!

Now over $36.6  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:


03/09:  Mag7 -all are at or below the Jul 2024 high, except for META (link)








UPS -not delivering the goods? (5 year chart)




What happened to Krispy Kreme??





S&P 500 Total Percent Returns calendar



Name


Price

Solana

SOL

192.00

Chainlink

LINK

18.35

Uniswap

UNI

9.60

Sui

SUI

3.45

Ondo

ONDO

1.32


Feb 2025:   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 closes 700 points lower as inflation and tariff fears worsen

Consumer sentiment worsens as inflation fears grow, University of Michigan survey shows

23andMe bankruptcy: With America’s DNA put on sale, market panic gets a new twist

Elon Musk says he sold X to his AI company

Roku Is More Popular Than Fire TVs & Apple TVs Combined With Cord Cutters According to New Survey

Dollar Tree is selling Family Dollar, ending its disastrous merger

Chinese car maker beats Tesla in annual sales

World debt has now officially crossed $300 TRILLION

Myanmar quake death toll hits 1,700 as aid scramble intensifies

Crypto/Blockchain:  

FDIC says banks can engage in crypto activities without prior approval

Dubai: Small investors can now access expensive properties with real estate tokenization

Real estate tokenisation: Shaping the future of property investment

Nasdaq seeks SEC approval for Grayscale’s Avalanche ETF listing

Stablecoin News: Gold Tokens Hit $1.4B Record Market Cap as Trading Volumes Soar

Avalanche, Gelato launch enterprise sovereign chains for institutions


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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