Stock Market Weekly update -May 3

 The stock indexes rallied for a 5th week, making it to new all time highs for the 3nd week in a row (except for the DOW). META dumped on earnings, while GOOGL, AAPL, SNDK, CAT, BE all pumped! NVDA was the laggard in big Tech last week. GDP was up a bit. PCE inflation increased and the Fed left rates unchanged. Oil prices continued to climb higher though. April saw a better than 10% increase in the S&P500 and Nasdaq! We have yet to see the DOW catch up to new all time highs, like the other indexes. Another big earnings week ahead

S&P 500 closes at a new record to usher in May as oil prices cool and Apple rises

Nasdaq Smashes 25,000 Barrier in Historic First

U.S. crude oil exports surge to record as tankers flock to Gulf Coast during Iran war


The week ahead:   Jobs on Fri

4th big week of Earnings - 

Schwab Weekly Trader's Outlook  

Edward Jones recap


The 10 year Interest rate - up slightly to 4.30%

The Dollar - down slightly to 98.21

Gold - pulled back again to $4601

Oil - rallied again to $102.45

Bitcoin  - flat around 78k

National debt  $39.2T 

 

New all time Highs:   GOOGL, INTC, CSCO, AMD. MU, SNDK, WDC, STX, NUE, AAOI, LITE, VRT, ALL, CBOE,TD, AEP,CAT, CLS, and more 

-ALL time Lows:   

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

Earnings movers:  Pops:  AAPL, GOOGL, SNDK, STX, CAT, QCOM, NXPI, BE, LLY, TEAM, XRX Drops: META, SOFI,  

% of S&P 500 stocks above the 50 day MA:  up from 52% to 55%


This week

Mon

Tue

Wed

Thu

Fri

Earnings

PLTR, NCLH, ON, 

AMD, ANET, MSTR, SHOP, CMI, LITE, PFE

ARM, APP, CVS, DIS, FTNT, NVO, UBER

MCD, COIN, CRWV, DDOG, ABNB, NET, LNG, MELI

BAM, SONY, TM

Events



ADP jobs

 

Jobs


The indexes:  5th weekly rally!



SPX  SPY  -  Another week up, to new  all time highs!

Will we get a 6th week up? Another big earnings week ahead, along with the Jobs report.






Stocks last week - …NVDA, META were the Tech laggards!! GOOGL was the leader.



Sectors last week  -




Market concerns:   Inflation? Debt?  War, anything…?

Options watch:   High IV (Implied Volatility) stocks -link   

High Options volume:  

ETFs

SPY, QQQ, IWM, SMH, VIX -also SPX index

Stocks

Mag7 & others   (most active link, or here)



More charts:    


BE -Bloom Energy continues to bloom!




CAT continued to climb…   200 > 900!



SNDK continued to climb…   



Spirit Airlines shuts down after failing to reach a bailout deal, ending discount travel era



04/19








S&P 500 Total Percent Returns calendar  


Name


Feb 2025

04/27

06/30

01/04/26

03/01

Solana

SOL

192.00

149.30

149.60

134.50

84.00

Chainlink

LINK

18.35

14.48

13.28

13.40

8.80

Uniswap

UNI

9.60

5.57

6.98

5.90

3.75

SUI

SUI

3.45

3.55

2.77

1.70

0.90

ONDO

ONDO

1.32

0.95

0.75

0.44

0.26

Avalanche

AVAX

-

-

-

14.00

9.00

Feb 2025:   5 Cryptos to watch in 2025, 2026

10/12/25:   Added AVAX, 11/23 This recent dip may be a good opportunity to buy/add

02/15/26: Buy the dips here?


Links...




Top sites


Stocks/News:

Amazon's Chip Business Is Bigger Than AMD, Could Soon Pass Broadcom, Intel

Palantir expected to report Q1 revenue jump as software stocks rebound

Amazon Web Services, Microsoft and NVIDIA will provide AI tech to Pentagon

Berkshire Hathaway announces its cash balance is now up to a record $397 billion.

Yen Traders Alert After Japan’s $34.5 Billion Intervention

Japan Didn’t Defend the Yen. They Revealed the System.

How a weaker dollar is quietly making life more expensive

US national debt surpasses size of the economy for first time since World War II

Inflation rate leaps to nearly 3-year high amid Iran war. But the Fed’s hands are tied

Crypto/Blockchain: 

  -Global Market Cap: Holding up around  $2.67 Trilllion   Current Crypto prices

The ‘tokenization of everything’ is no longer a theory 

State Street to launch tokenized fund servicing from Luxembourg by year's end

Robinhood CEO says a ‘tokenization supercycle’ is underway


Archives ..pre 2020

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