Stock Market Weekly update -Jul 12

 The S&P 500 & Nasdaq were up for a 2nd week, but still in a consolidation range since the 9 week rally. The Small-caps were down for a 2nd week, tho still near all time highs. The Semis rallied after dropping for 2 weeks. The VIX hit multi-year lows as the Iran war continues, and as 30 year Bond yields climbed over 5%, the highest since 2007! 🤔

 The week ahead could see the S&P500 rally to a new all time high as it's very close to that level now!

S&P 500 closes higher to notch a winning week, helped by tech gains

Long-Term U.S. Bond Auction Sees 5.058% Yield, Highest Since 2007

U.S. and Iran trade airstrikes again amid conflicting claims over Strait of Hormuz


Dow Bottomed At 6,460 Points In March 2009 – It Has Risen 8-Fold Since then


The week ahead:  Bank Earnings, plus NFLX

CPI, Fed/Congress 

Schwab Weekly Trader's Outlook  

Edward Jones recap


The 10 year Interest rate - up again to 4.57%

The Dollar - dropped a bit to around 100.96

Gold - mostly flat around $4120 

Oil - up a bit to $71.50

Bitcoin  - holding up around 64k

National debt  climbing to around $39.4T 

 

New all time Highs:  CSX, UNP, FTNT, NET, PSX, MPC, VLO, ALL, MET, CAKE, UBS, RY, EA

  -ALL time Lows:   

Pops & Drops/5 day movers:,   

Earnings movers:  Pops:    -Drops: , 

% of S&P 500 stocks above the 50 day MA:   Up from 67% to 68%



Mon

Tue

Wed

Thu

Fri

Earnings


BAC, C, GS, JPM, WFC, FAST

ASML, BNY, BLK, MS, JNJ, PGR, UAL

NFLX, TSM, ABT, GE, UNH, 


TRV, FITB, RF

Events


CPI

PPI




The indexes: SPX still chopping around since the 9 week rally high, now almost back at that high…



SPX  SPY weekly -  Pause or reversal? Still in ‘chop’ mode after the recent high..



Stocks last week - Semis trying to make a comeback



2nd Quarter stock performance 



Sectors last week  -Energy  led the way!



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:    


WMT -Here’s how that double top signal in May played out…



MSFT -this one signaled in 2025



AAPL -this could turn into a double top from here









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?

06/30/26 -still near recent lows!


Links...



Top sites


Stocks/News:

Earnings season kicks off and a wave of inflation data: What to watch this week

TSMC, ASML Kick Off Chip Earnings; Goldman Sachs, JPMorgan Headline Financial Parade

Goldman Sachs Says Optical Networking Is AI’s Next Trillion-Dollar Opportunity. Lumentum May Be the Biggest Winner

Humanoid robots perform first-ever surgery

SK Hynix shares slide 12% in Seoul after stellar Nasdaq debut

Apple expands Broadcom partnership with more than $30 billion US chipmaking commitment

New housing law targets affordability — what it means for homebuyers and sellers

Argentina's Peso has fallen to an all-time low against the U.S. Dollar and has now collapsed 99.8% since 2009

Crypto/Blockchain: 

  -Global Market Cap: Now around  $2.28 Trillion   Current Crypto prices
Bitcoin Pushes Above $64K as $96M in Bearish Bets Collapse and Momentum Rebuilds

Grayscale Places XRP at the Center of the Global Payments Narrative

Swift rolls out new blockchain ledger to bring 24/7 banking to 17 global giants

Stablecoin firm Circle wins final OCC approval to open national trust bank

USDT on TRON Exceeds $90 Billion as TRON Leads USDT Transfer Volume With $4.2 Trillion YTD

Hyundai adopts stablecoins for cross-border treasury transfers

Kraken is rebuilding its app around agentic trading as crypto exchanges evolve beyond crypto


Archives ..pre 2020

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