Stock Market Weekly update -Nov 23

 The S&P500 dropped for a 4th week, and again recovered a bit on Friday, just as it did in prior weeks! As mentioned last week, the AI bubble could be near exhaustion here. Small-caps also dropped further and had a huge rally on Friday,  but still closed below the huge drop we saw on 10/10.  Incidentally, the XLK ETF (Technology) also closed below the 10/10 level. Nvidia popped on earnings, then immediately reversed with a steep plunge for the day.

Crypto had an ugly week and ended way below the disastrous 10/10 drop in Crypto! 


The Jobs report showed the unemployment rate at 4.4%, the highest since Oct 2021.

Unemployment hits four-year high, but data paints a messy, mixed picture

Happy Thanksgiving week!



SPX ...4th week dropping!



The week ahead:   

-Thanksgiving holiday on Thursday

Schwab Weekly Trader's Outlook


Edward Jones recap


The 10 year Interest rate -dropped to 4.06%

The Dollar - up above 100 to 100.19 

Gold - down a bit to around $4064.

Oil - dropped again to around $57.97

Bitcoin  - dumped again to around 84k

National debt $38.2 Trillion

 

New all time Highs:  GOOGL. JNJ, TRV, ROST, TJX, LLY, CAH, AL, HIG, MCK, RY, 

-ALL time Lows:  AMC, BULL, LCID, XRX, KLAR


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

Earnings movers:  Pops: ROST   Drops:  NVDA, PANW

% of S&P 500 stocks above the 50 day MA:  down again from 43% to 39% -in a downtrend since July!


This week

Mon

Tue

Wed

Thu

Fri

Earnings


BBY, ZS

DE



Events


PPI



, 



The indexes:  Closed below the 50MA for the first time since April!




SPX  SPY  - First time closing below  the ‘weekly’ uptrend, in place since April 

This is also the first 4 week drop since the April bottom. Now showing a ‘trend reversal’







NVDA -reversed after reporting earnings




prior week



Last week




Stocks last week - GOOGL was the clear winner!




Sectors last week  -!



Market concerns:   Inflation? Debt?  Tariffs? anything…?

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:    


Walmart just proved it’s America’s solution to the affordability crisis



Ross Stores popped on earnings



TJX:  3 years -also popped higher last week



2025 Nasdaq 100 winners (sort by Year)   Also 2025 Nasdaq 100 losers


Also, 2025 DOW winners 



S&P 500 Total Percent Returns calendar  



11/15: HERE ARE THE TOP 15 GROWTH PERFORMERS OF 2025



Name


Feb 2025

04/27

06/30

11/08

Solana

SOL

192.00

149.30

149.60

165

Chainlink

LINK

18.35

14.48

13.28

16

Uniswap

UNI

9.60

5.57

6.98

6.70

Sui

SUI

3.45

3.55

2.77

2.15

Ondo

ONDO

1.32

0.95

0.75

0.68

Avalanche

AVAX

-

-

-

17.80

Feb 2025:   5 Cryptos to watch in 2025

10/12:   Added AVAX, 

11/23 This recent dip may be a good opportunity to buy/add


Links...

Labor Force Participation Rate
U.S. Initial Jobless Claims
ETFs performance - Ranked by  Volume

High Yield Covered Call ETFs
S&P 500 performance -by Sector

Most actively traded US stocks

Top 100 Stocks to buy (Alpha) 

US 100 Tech Index

Commodities / Futures
Largest Companies by Marketcap   …also

24/7 Wall St.

Crypto   Crypto News   Performance  Analytics

Fear & Greed Index 


Stocks

Dow closes about 500 points higher in big market rebound after steep sell-off this week

What on Earth just happened to the stock market?

NVIDIA Shares Dropped 7% This Week: 3 Catalysts For the Fall

Eli Lilly Reaches $1 Trillion Market Cap on Booming Weight-Loss Drugs

2 High-Yield ETFs Built for Inflation-Proof Retirement Income

Why Exact Sciences Rallied Over 50% This Week

SpaceX launches Starlink satellites on its 150th Falcon 9 mission of the year

Crypto/Blockchain:  Global Market Cap: dropped below $3T to  $2.96 Trilllion 

30% Bitcoin Drop Sparks Terror as Sentiment Indexes Hit 'Extreme Fear' Lows

XRP to Start Trading on NYSE Tomorrow

Fidelity launching Solana ETF as analysts eye $160 price before December

2x Crypto ETFs:   ETHU  SOLT  XXRP 

 CoinMarketCap 20 Index Constituents


Archives ..pre 2020

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