Stock Market Weekly update -Sep 21
Another week, another rally in the SPX (7 weeks in a row), and likewise for the Small-caps, as the Fed cut interest rates by .25%. ALL the indexes finally closed at all time highs last week, as did Gold (rallying for a 5th week). Long term Interest Rates dropped to 4.00% before rallying back up after the Fed interest rate announcement. In the crypto world, AVAX rallied again. The week ahead: No major events… Schwab Weekly Trader's Outlook Edward Jones recap The 10 year Interest rate -dropped & recovered to close at 4.14% The Dollar - flat at 97.64 Gold - another rally to $3684, another weekly high! Oil - down a bit to $62.35, another weekly low Bitcoin - flat at around 115k New all time Highs : GOOGL, HOOD, RGTI, QBTS, IONQ, SOFI, APP, BBAI, OKLO, IREN, JPM, GS, WFC, BK, MS, ABBV, APH, WDC, MU, FLEX, AEM, FNV, CCJ, CAT, and more! - ALL time Lows : , Pops & Drops/5 day movers :, Pops :...