Stock Market Weekly update -Aug 3

 Last week we got the first big pullback we’ve seen in months, with the SPX dropping 2.4%. MSFT & META popped after earnings, while AMZN, AAPL, COIN, UPS, and others dropped.  The Fed kept interest rates unchanged. The monthly Jobs report came in lower than expected, along with huge downward revisions to prior months, while unemployment ticked up slightly to 4.2%.

US job growth stalls: Just 73,000 jobs added in July, with ‘stunning’ downward revisions to recent months


Stocks have started to pullback after this huge rally from the April lows, so be careful and don't forget to take some profits, as the market is starting to show some signs of weakness (see chart ‘trend’ below of stocks below their 50 day moving average). We saw  a top in July 2023, and in Jul 2024!

 

The week ahead:  

Earnings season week 4:  AMD, PLTR, & more… could see some more selling?


Schwab Weekly Trader's Outlook


Edward Jones recap


The 10 year Interest rate -dropped to 4.22%

The Dollar - up a bit to 98.68 

Gold - up a bit to $3362

Oil - up a bit to $67.25

Bitcoin  -dropped to around 114k

 

New all time Highs:  META, MSFT, AEP, CBOE  -very short list this week! 

   -ALL time Lows:  DOW, WU

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

Earnings movers:  Pops:  META, RDDT   Drops:  AMZN, AAPL, ARM, COIN, UNH, UPS, NVO


Percent of S&P 500 stocks above the 50 day Moving Average:  big drop from 72.9 to 49.1%


April uptrend, May/Jun hold, July downtrend




This week

Mon

Tue

Wed

Thu

Fri

Earnings

PLTR, VRTX, W, AXON

AMD, SMCI, ANET, CAT, PFE, TOST 

MCD, DIS, ABNB, APP, UBER, NVO,

LLY, TEAM, COP, CEG, 

TEM

Events










The indexes:  Dropped last week -Jobs, Tariffs, Earnings



SPX  - Pulled back in this Last week of  July … In 2024 & 2023 we also saw a July top.




DOW triple top. Last week wiped out 4 weeks of gains




IWM Small-caps: 4 weeks of gains wiped out in 1 week




Stocks last week - some red standouts




Sectors last week - 



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:     


NFLX -Dropping for a 5th week!




NVDA -weekly ‘tail bar’ after a huge 3 month rally (2x)




MSFT also had a weekly tail bar, after a huge rally



7/27: CMG -dumped after earnings. Buying opportunity maybe…

8/03 -NOPE! Dropped further last week!

Lower highs & lower lows.




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


Name


Price

04/27

06/30

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

Stock Market Today: Dow Loses 542 Points As Indexes See Red..

Stock Market Week Ahead: Caterpillar, Palantir And Black Hat Week

Another massive earnings week ahead!

Meta Stock Rockets On Results… 

Mastercard Keeps Charging Ahead

Vertiv Stock Rises As Data Center Player Crushes Q2 Targets

Amazon is the worst performing stock in the Nasdaq 100

UnitedHealth Group Second Quarter 2025 Earnings: EPS Misses Expectations

BLS Reports Unemployment Remains Above 4% Despite July Job Gains

Crypto/Blockchain:  Global Market Cap: dropped to  $3.76 Trilllion 

JPMorgan Chase, Coinbase launch crypto integrations, rewards program

Bitcoin Slides Under $112K as Derivatives Market Flashes Divergence

Ethereum turns 10: From scrappy experiment to Wall Street’s invisible backbone

Ethereum Turns 10 Drives 50% Stablecoin Activity and Institutional Adoption

TON May Become Everyday Blockchain By 2027

Western Union to Tap Stablecoins and AI for Greater Efficiencies

Instant Payments Replace ACH Delays for Global Merchants

Ripple’s RLUSD Joins USDC and USDT in Leading Next-Gen Global Payment Systems

Kraken Accelerates Crypto Platform Expansion as Revenue Leaps

Crypto Futures: Solana, Ripple Now on thinkorswim


Jul 2025 -Largest Blockchains in Crypto Ranked by TVL


Jul 2025 -Top Blockchain Networks by DEX Total Value Locked



Top Chains by Gross Profit in May 2025


CoinMarketCap 100 Index Constituents


Archives ..pre 20xx

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