Stock Market Weekly update -Jun 14

 We pulled back for a 2nd week in the S&P500, before seeing a small recovery on Thu & Fri. Only the Small-caps closed at all time highs tho.  Semis recovered from a big drop the prior week. NVDA however, dropped for a 4th week since reporting great earnings. Software had another big weekly drop, as ADBE dumped further, down to multi-year lows. The SpaceX IPO opened at $150, and closed at around $160, the largest IPO in history.  AAPL dropped after their WWDC/Siri presentation. Inflation came in higher again (CPI, PPI), while Oil prices dropped. Gold dropped for yet another week.  

This week we have the June Quarterly Options expiration, and a Fed meeting. Markets are in a weekly uptrend, but in somewhat of a ‘daily’ downtrend. Maybe we’ll get a better sense of direction this week as we get our first Fed meeting with the new chairman. Markets will be closed on Friday.

Stocks end higher as SpaceX soars in debut, U.S.-Iran deal nears

US consumer sentiment pushes off record lows as gasoline prices ease

The 30-year Treasury yield climbed above 5.2%, its highest since 2007



Small-caps (IWM) closed at a new all time weekly high!



The week ahead:  Fed meeting, 

June Options Ex. (2nd Qtr)

10th week of Earnings - 

1st week of trading for the SpaceX IPO

Schwab Weekly Trader's Outlook  

Edward Jones recap


The 10 year Interest rate - down a bit to 4.49%

The Dollar - down a bit to around 99.80 

Gold - dropped again to $4218  

Oil - dropped below $90 to $84.28

Bitcoin  - recovered a bit to around 63.5k!

National debt  $39.2T 

 

New all time Highs:  SNDK, LRCX, AMAT, ALAB, CSX, IBKR, MNST, MET, ROST, BNY, VOYA, STT, RY, 

 -ALL time Lows:   

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

Earnings movers:  Pops:    -Drops:  ORCL, ADBE

% of S&P 500 stocks above the 50 day MA:  up from 54% to 60%


This week

Mon

Tue

Wed

Thu

Fri

Earnings



KMX




Events



Fed


Q2 Options Expiration


The indexes: 2nd week pullback after a 9 week rally…



SPX  SPY weekly -  Pause or reversal?



Stocks last week - MSFT continues to be weak…



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:    


STT -all time high



– Mag7 stocks lagging the S&P500 this year –




Chips vs S&P500!




ADBE is back down to 2018 levels!



Campbells -this stock is trading at levels seen in the mid 1990s



Gold continues to lose ground since the Jan peak -it dropped again last week 



5/17: The S&P 500 is at an all-time high while Consumer Sentiment is at an all-time low.










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:

SpaceX IPO afterglow, Kevin Warsh's first Fed meeting, and a potential US-Iran deal: What to watch this week

This market is at 'a 10': Wall Street weighs record SpaceX IPO amid AI-driven stock market

The US job market is showing further signs of weakness:

ECB hikes interest rates for first time since 2023 as Iran war ramps up energy costs

Ultra-rich Americans are moving cash out of the market and hoarding historic levels. Here’s where they’re putting it

Rocket Lab To Join The Nasdaq-100 Index

Adobe is the biggest disconnect between fundamentals and stock price in the market today

Roku exploring strategic options, including sale of company, sources say

Alphabet (GOOGL) Places An Order With Intel To Manufacture More Than Three Million Tensor Processing Units In 2028

Sandisk $SNDK hits a 99.13 on the Monthly RSI, the most overbought level for any stock in history

Humanoid robots touted as next AI investment opportunity

Crypto/Blockchain: 

  -Global Market Cap: Dropped to around  $2.2 Trillion   Current Crypto prices
Big banks are ditching private blockchains to build tokenized cash networks on public infrastructure

Bitcoin’s latest plunge revives the debate over owning it

Citi opens new route into private markets with tokenized share offering

Mastercard prepares agentic commerce platform for a future where AI agents make payments

Visa says stablecoins are 'reshaping the back end' of commerce as it expands AI, tokenization efforts

ChatGPT can now buy things for you after deal with payments giant Visa


Archives ..pre 2020

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