Stock Market Weekly update -Jul 26

 The S&P 500 & Nasdaq were down for another week, with the S&P still in an 8 week consolidation range since the 9 week rally, while the Nasdaq is showing more of a weekly downtrend. The Small-caps were down for a 4th week, while the Semis held up a bit. Oil rallied for a strong 3rd week, now at $90. After earnings, GOOGL dropped while TSLA dumped! CSX popped to an all time high, as did TRV & ALL. 10 year yields jumped to 4.68, up from a low of 3.95 in Feb -Interest rates continue to creep up!

The week ahead could see volatility from big Tech earnings and a Fed meeting, as we close out July.

S&P 500 closes little changed Friday as Iran fears and chip sell-off weigh down market

Chip Stocks Slide Friday—Memory Favorites Micron, Sandisk Among the Big Decliners


The week ahead:  Fed meeting

3rd week of Earnings -…AAPL, AMZN, META, MSFT & more

Schwab Weekly Trader's Outlook  

Edward Jones recap


The 10 year Interest rate - moved up to 4.68%

The Dollar - rallied to 101.46

Gold - up a bit to $4052 

Oil - rallied again to $90.46

Bitcoin  - still holding up around 64k

National debt  jumped  to around $39.6T 

 

New all time Highs:  BAC, JPM, TRV, ALL, CSX, VTR, GD, RTX, JAZZ, and others…

  -ALL time Lows:   

Pops & Drops/5 day movers:   Drops: TSLA, GOOGL, QS,   

% of S&P 500 stocks above the 50 day MA:   Up from 63% to 65%



Mon

Tue

Wed

Thu

Fri

Earnings

CLS

BCS, BA, KO, GLW, STX, UPS, V, RCL

META, MSFT, QCOM, ARM, SOFI, HOOD, APH, BSX, SBUX, VRT, PG, HUM, CMG, 

AAPL, AMZN, MA, COIN, BMY, VLO, CI

CVX, XOM, ABBV, CL, MRNA

Events



Fed

PCE




The indexes: SPX still chopping sideways since the 9 week rally high…



SPX  SPY weekly -  Pause or reversal? In ‘chop’ mode for 8 weeks now.



Nasdaq100 -unlike the SPX, this one is now trending down.



Stocks last week - Red week for Tech, green for others



Sectors last week  -Energy  led the way, yet again!



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:    


AIQ -Artificial Intelligence ETF pulling back from the highs for almost 2 months!



INTC -after earnings, Intel dropped for a 5th week!



07/19: TRV -new all time high after reporting earnings last week

Popped again  last week!



ALL -trending up  for several years, to another all time high

Insurance is looking better than AI 🙂



07/19 XLF -another potential double top candidate?




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:

US investment-grade bond funds see $7 billion record weekly outflows

Most Workers Say Pay Isn’t Keeping Up with Inflation. What the Data Tells Us

Bank of America Pops To New High, Leads 17 Newcomers To IBD 50

Alibaba Stock Just Got Apple’s Biggest AI Endorsement.

Google just reported $99 billion in profits it never actually received.

Tesla Stock Tumbles After Big Earnings Miss

SpaceX Starship Flight 13 Succeeds, but SPCX Stock Barely Moves, Still Trading at Just $115

South Korea's Kospi enters bear market, plunges 20% from peak.

Watch "The biggest AI company says its own robot attacked another company with zero human command."

House passes bill to limit stock purchases by members of Congress

Wall Street is selling more rental homes, as buying ban takes effect

Crypto/Blockchain: 

  -Global Market Cap: Now around  $2.27 Trillion   Current Crypto prices
Bitcoin Keeps Hitting a $68,000 Wall—A 3.55 Million BTC Cluster Helps Explain Why

CLARITY Act faces Senate vote despite 60-vote gap

MoonPay now accepts Discover Network cards for crypto purchases and sales in US

Jito Labs Launches JTX, A Platform Purpose-Built for Professional Traders


Archives ..pre 2020

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