Stock Market Weekly update -May 18

 We got a huge move in  the indexes last week with the SPX closing up almost 300 points, near the 5958 level, and the Nasdaq up around 7%  -good news on tariffs and middle-east tech deals were to blame 😀.  Big tech & TSLA rallied, NFLX hit another all time high,  while UNH saw a big drop. Gold dropped again, while Bitcoin was mostly unchanged, closing near 104k. The Dollar rallied for a 4th week!  Consumer sentiment fell for a 5th month to its 2nd lowest level on record.

After the close on Friday, Moody’s downgraded the US credit rating for the 1st time in over 100 years!


This week: Schwab Weekly Trader's Outlook

Edward Jones recap

VIX Futures expiration/Wed

Earnings.. HD, LOW, TGT


This week:  The indexes are pretty stretched here after this huge multi week rally -we could see it start to take a breather.


The 10 year Interest rate -up slightly to 4.4%

The Dollar - up for a 4th week at 100.98

Gold - dropped to $3201 and is down $300 from the high!

Oil -up slightly  to $61.87

Bitcoin/Crypto  -mostly flat near the 104k level 

 

New all time Highs:  CRWV, CAH, DE, DRI, IBM. MA, MNST, NFLX, UBER, NRG, NK, TJX, TRV, TTWO & more…   ALL time Lows:  PACB, 

Pops & Drops/5 day movers:,   Pops:  COIN, CRWV, FL,  ACHR, QUBT  Drops:  

Earnings movers:  Pops: OKLO,  Drops: , 

Percent of S&P 500 stocks above the 50 day Moving Average: up from 60.83 to 77.7% 


This week

Mon

Tue

Wed

Thu

Fri

Earnings


HD, PANW

LOW, TGT, BIDU, TJX, SNOW

DECK, ROST


Events








The indexes -big rally last week. More upside? We’ll see how the downgrade affects this rally…



SPX  - rocketed past that Jul high resistance area, as well as the 200MA!

Now back in the prior congestion area




Stocks last week -lots of winners! 




Sectors last week - Tech won!




Market concerns:   Inflation? 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:



NFLX 5/11 -could be topping out here (MACD)



NFLX:  Last week Not yet!




S&P 500 Total Percent Returns calendar



Name


Price

04/27

Solana

SOL

192.00

149.30

Chainlink

LINK

18.35

14.48

Uniswap

UNI

9.60

5.57

Sui

SUI

3.45

3.55

Ondo

ONDO

1.32

.95


Feb 2025:   5 Cryptos to watch in 2025



Apr 20, 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

S&P 500 posts fifth winning day, notches 5% weekly gain as U.S.-China trade tensions ease

S&P 500 rips higher by more than 20% as animal spirits awaken in six-week market comeback

Nvidia stock extends gains as Saudi Arabia set to spend billions on AI chips

Moody’s downgrades United States credit rating, citing growth in government debt

Healthcare Finance News: UnitedHealth Group reportedly under investigation for criminal Medicare Advantage fraud

Capital One's $35 Billion Discover Acquisition Is Set to Close on Sunday.

Billionaire Warren Buffett Dumps $3,230,000,000 of Berkshire's Exposure To Citigroup, Bank of America and Capital One After Exiting Wells Fargo, JPMorgan Chase 

MarketWatch: Opinion: Why is the Fed quietly buying billions in bonds

Gold prices fall to almost five-week low as trade optimism rises

Household Debts, Debt-to-Income Ratio, Serious Delinquencies, Collections, Foreclosures, Bankruptcies..

Crypto/Blockchain:  

JPMorgan Settles First Tokenized Treasury Transaction on Public Blockchain, Using Chainlink, Ondo Finance

Coinbase Prepares for S&P 500 Debut as eToro and Galaxy Hit Nasdaq

Mastercard to Roll Out New Stablecoin Cards in Latest Crypto Push With MoonPay

VanEck Launches First Tokenized Fund, VBILL on Securitize

Citi: Stablecoin Market Could Hit $3.7 Trillion by 2030

Uniswap becomes first DEX to hit $3T in all-time volume

Dubai taps Crypto.com to enable crypto payments for govt services


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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