Stock Market Weekly update -Jun 8

 We got a nice rally last week, with the SPX taking out the prior high from 2 weeks ago and closing right at 6000! Small-caps popped above a significant resistance level. The S&P500 and Nasdaq are now mostly breakeven for the year, and in an uptrend.

AVGO, DOCU, LULU dropped on earnings, while DG popped. MSFT, V, MA, NFLX, & IBM hit all time highs!  TSLA dropped. Bitcoin was mostly flat, as was Gold.  The unemployment rate held steady at 4.2%


The week ahead: 

We’ll get the CPI & PPI reports -potential market movers.

Also, more Bond auctions

Schwab Weekly Trader's Outlook


Edward Jones recap




The 10 year Interest rate -up a bit to 4.51%

The Dollar - down slightly to 99.20

Gold - up a bit to $3309

Oil - rallied to $64.73

Bitcoin/Crypto  -up a bit to around 106k

 

New all time Highs:  MSFT, V, MA, IBM, NFLX, APH, STX, NDAQ, AXON, JBL, INTU, PM

 -ALL time Lows: 

Pops & Drops/5 day movers:,   Pops: MU, NEGG,  Drops:  TSLA, 

Earnings movers:  Pops:  DG   Drops:   LULU 

Percent of S&P 500 stocks above the 50 day Moving Average: up from 70 to72%    


This week

Mon

Tue

Wed

Thu

Fri

Earnings



ORCL

ADBE


Events



CPI, 

10y Bond auctions

PPI, 

30y Bond auctions




The indexes  -moving on up!



SPX  - we got to 6000! Now  aiming for the all time high…  (weekly chart)





Stocks last week -TSLA missed the party! 





Sectors last week - Tech continues to lead




Market concerns:   Inflation? Debt? Interest rates?  Tariffs?

Now over $36.9  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:


Small-caps broke above a resistance level & an ‘inverted’ head & shoulders pattern.





NFLX -up 9 weeks in a row, with a 6x gain from the bottom 3 years ago!




META -up again  last week, with a 6x gain from the bottom 3 years ago!




NVDA -up again last week, with a 14x gain from the bottom 3 years ago!




HOOD -up again last week, with a 7X gain from the bottom 3 years ago!







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


May 2025


$1,000 in #Bitcoin outperformed nearly every traditional asset over 5 years (animation)



May 2025  Top Assets by Market Cap



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 to buy (Alpha) 

US 100 Tech Index

Commodities / Futures
Crypto   Crypto News   Performance

Largest Companies by Marketcap 


News

Dow rises more than 400 points on solid jobs report, S&P 500 touches 6,000

Stocks Edge Higher as Tech Gains but Consumer Sectors Slide

The-MSCI-World-index-sets-a-new-all-time-record/

A fresh inflation reading greets a stock market back near all-time highs: What to know this week

U.S. Treasury Abruptly Buys $10,000,000,000 of Its Own Debt in Massive, Historic Treasury Buyback

European Central Bank trims interest rates after inflation dips below target

Over 7 million Americans are unemployed - the most since 2017. Why it won't get better anytime soon


Tesla's head of Optimus humanoid robot leaves the '$25 trillion' product behind

Google makes billion-dollar energy move that could reshape household power bills

Robinhood Hit Record Close as Activity and User Growth Surge

How Toast, IBD Stock Of The Day, Is Changing Restaurant Business With AI Software

Geologists have discovered a lithium deposit worth $1.5 trillion in the United States, in an unlikely location.

Russian ruble: The curious case of the world’s best-performing currency this year


Crypto/Blockchain:  Global Market Cap $3.43Trilllion 

Stablecoin issuer Circle doubles in NYSE debut after IPO

Tokenized funds hit $5.7B, scaling fast — Moody’s

Nasdaq Adds XRP, SOL, ADA, XLM to Crypto Index

Winklevoss-backed crypto group Gemini files for Wall Street IPO

15-day streak brings Ethereum ETFs to record high cumulative inflow value

Fed Signals End to Ambiguous Crypto Rules, Clearing Road for Innovation

Huge Outflow on Blackrock's IBIT Pulls Bitcoin ETFs Into Red Zone

‘Bitcoin Family’ hides crypto codes etched onto metal cards on four continents after recent kidnappings

Hyperliquid Leads Blockchain Profits with $72.3M in May 2025

1inch reclaims DEX aggregator lead with 60% market share after Solana expansion

Why-fifa-is-building-its-own-blockchain-and-what-it-means-for-5-billion-fans


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 


May 2025


Top Chains by Gross Profit in May 2025


24/7 Wall St.

Fear & Greed Index

Comments

Post a Comment

Popular posts from this blog

Stock Market Weekly update -Apr 20

Image
  We saw lots of ‘chop’ last week, ending just below where we started, with tariff uncertainty still hanging over the market. The DOW lagged as it dumped on Thursday after UNH reported earnings. Long term rates pulled back a bit while Gold continued to rocket higher, closing near $3326. This week we get more earnings including GOOGL & TSLA,  04/06:  Hedging against losses… How? If you got ahead of the tariff announcement on Monday Mar 31st using an Inverse ETF like SQQQ (SPXS, SOXS, etc) , it was up approximately 30% that week! Note that Leveraged ETFs should only be used for short term trading. This week:   Schwab Weekly Trader's Outlook Edward Jones recap More earnings  This week: 3red week of earnings reports.  The market is still very volatile so caution is advised. The 10 year Interest rate -dropped a bit, now at 4.33% The Dollar - dropped a bit to 99.23 Gold - another big rally to $3326 Oil -rallied to $63.68 Bitcoin/Crypto   -rallied a ...
Read more

Stock Market Weekly update -Nov 24

Image
  The SPX recovered from the prior week drop, moving from 5870 to close on Friday at 5970. The other indexes also rallied, with the DOW closing at the prior all time high from 2 weeks ago. Long term Interest rates stayed mostly flat as the Dollar continued to rally. Gold had a big recovery rally. NVDA reported blowout numbers again, but the stock dropped! TGT tanked after earnings, still dropping since its peak in Aug 2021. WMT popped on earnings to another all time high (a DOW stock rallying like a tech stock since its bottom in May 2022) -this was its 4th earnings pop this year. This will be a short trading week because of the Thanksgiving holiday. This week:   Schwab Weekly Trader's Outlook   Market is closed on Thursday The 10 year Interest rate -flat at 4.4% The Dollar - rallying for 8 weeks now 107.5 Gold - rallied to $2715 Oil -rallied  to 71.10 Bitcoin/Crypto :  - another big rally to around 99.5k! New all time Highs :  WMT, BJ, COST, WFC, JPM,...
Read more

Stock Market Weekly update -Jul 20

Image
  The S&P500 was up slightly, hitting new al time highs and closing just under 6300. while the Nasdaq100 closed just over 23,000, and NVDA popped to close at a market cap of $4.2 trillion, now the largest company in the world. PLTR also hit another all time high.  TSM popped, but NFLX pulled back after reporting earnings. Some of the big banks pulled back as well. Bitcoin pulled back to 118,000 after peaking at 123k last weekend. Ethereum on the other hand saw a huge 22% rally for the week, after rallying 16% the prior week! The GENIUS Act was finally passed, which outlines a regulatory framework for Stablecoins . Headline CPI year-over-year increased 2.7%. Retail Sales: Increased slightly. Stocks still look pretty extended after this huge rally from the April lows, so be careful and don't forget to take some profits! Late July tends to be a seasonally weak period as well.   The week ahead:  Earnings season week 2:  TSLA, GOOGL, more.,  Schwab Weekly Tr...
Read more