Stock Market Weekly update -Aug 16

 The S&P500 and the Small-caps hit all time highs again last week -the NASDAQ is still working its way back up since the June high! Both Oil and Gold were up as well, while the Dollar was flat, and Interest rates were up a bit. The inflation rate came in at  3.4%.  The VIX hit a low of 14.25 on Friday. Markets continue in rally mode!

After earnings, CRWV, SMCI, NBIS popped while CSCO dropped.

The week ahead includes earnings reports from the Retailers, and monthly Options Expiration for August -could be a quiet week. 

S&P 500 closes lower, but posts third straight weekly gain



8/09 Great Q2 earnings pushing markets higher.



The week ahead:  Monthly Options exp. On Friday

6th week of Earnings: HD/LOW, WMT, ROST...

Schwab Weekly Trader's Outlook  

Edward Jones recap


The 10 year Interest rate - up a bit to 4.70%

The Dollar -  unchanged at 99.63

Gold - up a bit to $4376 

Oil - up to $82.39

Bitcoin  - down to around 63k 

National debt  climbing to around $39.9T 

 

New all time Highs:  CRED, MRK, SCHW, ARMK, ETON, PSX, MPC, VLO, CFG, EXPE, IMAX,    -ALL time Lows:   

Pops & Drops/5 day movers:  Pops:  NBIS, SMCI, SNDK, ETON, UMAC, FSLY,  

 Drops:  CSCO  

Percent of S&P 500 stocks above the 50 day MA:   Up from 65% to 69%



Mon

Tue

Wed

Thu

Fri

Earnings


HD, BIDU, KLAR, TOL

LOW, TGT, TJX, ADI, 

WMT, ROST, DE, NTES, AAP, BABA, 

BJ

Events





Options Exp.



The Markets: The SPX rally continues, Interest rates continue to rise…


SPX  SPY weekly -  Up another week



Interest rate (10yr)





Stocks last week - 



Sectors last week  -Energy led



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, or here)


More charts:    


PANW - rocketing higher



SNOW - rocketing higher



VIX at pretty low levels -Insurance is cheap!



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:  

Cybersecurity Stocks Surge, With Palo Alto Networks and CrowdStrike Leading the Charge

Wall Street's riskiest trades are suddenly back on top

Depleted strategic oil reserve nears level that raises concerns about damage to caverns, operations

Anthropic revenue reportedly jumps to more than $11.5 billion in second quarter

Berkshire Hathaway boosts Alphabet to a top three holding, ups Delta and housing bets

Nvidia discloses $21 billion stake in SpaceX at end of second quarter

Nvidia stock rises as it bets on robots

IonQ, D-Wave or Rigetti: Which Quantum Stock Is the Best Buy After Q2?

Rocket Lab has more customers than it can handle, so why is the stock falling?

Reddit joins the S&P 500 Tuesday

The market for older condos is cratering as buyers shun rising HOA fees

Crypto/Blockchain: 

  -Global Market Cap: Now around  $2.3 Trillion   Current Crypto prices
Robinhood Chain hits 11.6 million daily transactions as USDe fuels TVL growth 

NYSE is building an onchain settlement platform for tokenized securities


Archives ..pre 2020

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