Stock Market Weekly update -Aug 24

 Another week, another weekly all time high for the SPX (barely), closing around 6466 after getting a big pop from the Fed speech at Jackson Hole on Friday. The DOW popped to a new all time high as well! Small-caps had the biggest pop but are still under the all time high. HD & LOW rallied for a 3rd week, as did the homebuilders(XHB).  Interestingly, the Nasdaq100 actually dropped last week! PLTR dropped 10% for the week. CRCL dropped for a 5th week. The Dollar dropped a bit on lower interest rate expectations..The VIX dropped to a pretty low level as the market popped on Friday..  

The week ahead:    PCE report

Earnings  NVDA!

Schwab Weekly Trader's Outlook


Edward Jones recap


The 10 year Interest rate -down slightly to 4.26%

The Dollar - down a bit to 97.73 

Gold - up a bit to $3371

Oil - up a bit to $63.76

Bitcoin  - up a bit to 117k ish

 

New all time Highs:  GOOGL, FAST, CBRE, HIG, TRV, RY, STT, UBS, NVS, VITL, 

   -ALL time Lows:  

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

Earnings movers:  Pops:     Drops:  INTU


Percent of S&P 500 stocks above the 50 day Moving Average:  up from 58.8% to 70.77%


This week

Mon

Tue

Wed

Thu

Fri

Earnings


MDB

NVDA, CRWD, SNOW, FL

DG, DKS, MRVL,  TD, AFRM

BABA

Events





PCE




The indexes:  New all time highs in the S&P and the DOW! 

We could see the IWM continue to play catch up to the other indexes after a big pop on Friday. 



SPX  - new weekly high




VIX -dropped to new lows. 




Stocks last week - 




Sectors last week - 



Sector rotation last week.  Tech was the weakest!




Market concerns:   Inflation? Debt? Interest rates?  Tariffs? Wars? anything…?

Now over $37  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, SMH, VIX -also SPX index

Stocks

AAPL, AMZN, GOOGL, META, MSFT, NVDA, NFLX, TSLA...



More charts:     



08/03: MSFT also had a weekly tail bar

08/24: Dropping for a 3rd week after that weekly ‘tail’ bar





08/24:  WMT -possible double top here, with maybe a deeper pullback ahead.




 CRCL -dropped for a 5th week!




Never forget, this time it’s different 😄




S&P 500 Total Percent Returns calendar  -Aug 50/50 red/green


Name


Price

04/27

06/30

08/30

Solana

SOL

192.00

149.30

149.60


Chainlink

LINK

18.35

14.48

13.28


Uniswap

UNI

9.60

5.57

6.98


Sui

SUI

3.45

3.55

2.77


Ondo

ONDO

1.32

0.95

0.75



Feb 2025:   5 Cryptos to watch in 2025



Apr 20, 2025



7/20: HERE ARE THE TOP 15 GROWTH PERFORMERS OF 2025



Links...

10yr Interest Rates
Labor Force Participation Rate
U.S. Initial Jobless Claims
ETFs performance - Ranked by  Volume
S&P 500 performance -by Sector

Top 100 Stocks to buy (Alpha) 

US 100 Tech Index

Commodities / Futures
Crypto   Crypto News   Performance

Largest Companies by Marketcap   …also

24/7 Wall St.

Fear & Greed Index 


News

Dow surges more than 800 points to post record close as Powell speech fuels rally

Canada to remove many retaliatory tariffs on US, Carney says

McDonald’s cutting combo meal prices to convince customers it’s affordable again

Short-Term Pain, Long-Term Gain? 4 Quantum Stocks to Watch 

Crypto/Blockchain:  Global Market Cap:  $4.06 Trilllion 

Crypto Rollercoaster: ETH and BNB Hit Highs, BTC Ends Lower

Ethereum hits fresh all-time high amid wider market rally after Fed Chair Powell hints at rate cut

Wyoming launches first state-backed stablecoin on seven blockchains

Wall Street’s revolution: BlackRock, JPM, Citi bets on tokenization

$SOL futures trading volume has surpassed $12 billion on @CMEGroup  in just 5 months, the world’s largest regulated derivatives exchange.

Bitget Wallet deepens DeFi push with Base integration, Aerodrome DEX built into app


2x ETFs  SOLT, XXRP


Jul 2025 -Largest Blockchains in Crypto Ranked by TVL


Jul 2025 -Top Blockchain Networks by DEX Total Value Locked


Aug 2025



Top Chains by Gross Profit in May 2025




CoinMarketCap 100 Index Constituents


Archives ..pre 2020

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