Stock Market Weekly update -Sep 6

 We rallied again last week in the major indexes, with the Semis and Small-caps also moving up. The Nasdaq has yet to take out the May  highs, which the SPX & DOW took out 5 weeks ago. LULU dropped to a multiyear low on earnings, Oil is back over $90, and Interest rates moved up again.

The week ahead includes the CPI report on Friday, while markets will be closed on Monday.

Dow tumbles more than 260 points after strong jobs report reignites rate hike fears

U.S. payrolls rose 162,000 in August, much more than expected



Median Sales Price of New Houses Sold for the United States (MSPUS)




The week ahead:  Quiet?

9th week of Earnings:..

Schwab Weekly Trader's Outlook  

Edward Jones recap


The 10 year Interest rate - moved up to 4.79%

The Dollar -  down a bit to 99.16

Gold - dropped again to $4427 

Oil - rallied to $91.23

Bitcoin  - rallied to 82k then back to around 80k

National debt  Also here -around $40.1T 

CPI  Rate

 

New all time Highs:  DELL …short list again!

  -ALL time Lows:   

Pops & Drops/5 day movers:  Pops:  HOOD, DELL, IREN, CNH, 

 Drops:   PANW, CRDO, MDB, CIEN

Percent of S&P 500 stocks above the 50 day MA:  Dropped again from 53% to 47% -dropping since July



Mon

Tue

Wed

Thu

Fri

Earnings


CASY


ADBE, ORCL, M, 


Events




PPI

CPI



The Markets: Still chopping in a range…


SPX  SPY weekly - stalling? 2nd week recovering from the earlier pullback week.




Interest rate (10yr) -moving higher



Stocks last week - 



Sectors last week  -Energy led the way!



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

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

SPX expected move this week from 7675:  +-90

High Options volume:  

ETFs

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

Stocks

Mag7 & others   (most active, or here)


More charts:    


ZCSH -ZCash crypto ETF on the move

Zcash surges over 6,300% from 2024 lows as first US spot ETF fuels institutional frenzy




UNI/USD -Uniswap crypto on the move for a 3rd week

Possibly a long way to go yet…




Crypto: Robinhood Chain -overnight growth!





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! 

09/06/26 -finally getting traction


Links...



Top sites


Stocks/News:  

Inflation data, Oracle earnings, and an energy supply crunch: What to watch this week

Dutch central bank moves gold bars out of U.S. and Canada, citing ‘crisis preparedness’

Bloom Energy (BE) Set To Join The S&P 500 In Quarterly Rebalancing

SanDisk (SNDK) Soars on S&P 100 Inclusion; Hedge Fund Ownership More-Than-Doubles

Nvidia confirms $13 billion acquisition of open-weight AI platform Hugging Face

Single Stock Futures

Number of Home Buyers falls to lowest level ever recorded

S&P REBALANCING -which stocks

10-Year JGB Yield Hits 3.02%, 30-Year Hits 4.18%: as BOJ Tries to Halt Yen Collapse…

Crypto/Blockchain: 

  -Global Market Cap: Now around  $2.7 Trillion   Current Crypto prices

RWA market cap has reached a new all-time high of $45.0B

ONDO just crossed the $1B mark, and the RWA trade is getting harder to ignore

Bitcoin Price Faces $82K Wall as Weekend Momentum Fizzles

Solana DEX Volume Tops $1.96 Billion in 24 Hours, Reclaims First Place

Uniswap Buys PONS Stake, Token Jumps 40% to New All-Time High

ZEC Breaks $1,200 to Hit New All-Time High as $44.29 Million Liquidated

SoFi, Kraken link up to bridge banking, stablecoin and crypto trading


Archives ..pre 2020

Comments

Post a Comment

Popular posts from this blog

Stock Market Weekly update -Nov 16

Image
The market dropped for a 3rd week, tho it recovered a bit on Friday, just as it did the prior week! The AI bubble could be near exhaustion here. Small-caps again dropped & this time closed below the huge drop we saw on 10/10.  Crypto had another big drop for the week, with BTC dropping below 100k to around 95k. Gold rallied! The government shutdown finally ended last week, the CPI report was cancelled, while new odds of a Fed rate cut in December dropped quite a bit.  This week we get Nvidia's earnings report on Wednesday, along with some of the big Retailers. The week ahead:   NVDA earnings Earnings -6th week/ winding down    NFLX 10:1 stock split Options Expiration for November Schwab Weekly Trader's Outlook Edward Jones recap The 10 year Interest rate -up a bit to 4.15% The Dollar - flat/down slightly to 99.27  Gold - rallied to around $4082. Oil - flat at around $59.94 Bitcoin   - dumped to around 95k  National debt $38.2 Trillion ...
Read more

Stock Market Weekly update -Nov 2

Image
   The market gapped up to new all time highs again last week, but then gave up most of those gains, leaving a ‘weekly’ tail bar on the SPX chart, a possible exhaustion signal (chart below). Small-caps dropped for the week.  AMZN, GOOGL, & CAT popped after earnings, MSFT, META, CMG, & BA dropped. The Fed cut interest rates by .25% as expected.  Gold dropped for a 2nd week.  No Jobs report next week as the government shutdown continues.   Mega Caps Daily chart  -Uptrend -Downtrend Crypto AAPL NVDA TSM GOOGL TSLA AVGO  AMZN? MSFT? META -dbl top NFLX BTC -choppy ETH  -multiple week downtrend -needs to overcome 4000 SOL -downtrend? Choppy. Needs to get above 200. The week ahead:    Earnings -4th week - Gov’t shutdown continues? 6th week Schwab Weekly Trader's Outlook Edward Jones recap The 10 year Interest rate -up a bit to around 4.10% The Dollar - rallied to 99.71  Gold - dropped again to close around $4002. O...
Read more

Stock Market Weekly update -Oct 19

Image
  The market tried to recover from the previous Friday’s big drop but has failed so far, except for the Small-caps. which had a massive rally, but then pulled back down on fears coming from the regional banking sector.  The big Banks reported good earnings but the XLF financial sector ETF dropped for a 3rd week (regional bank concerns). AMD hit another all time high. RGTI quantum stock popped then dropped for the week, leaving a long ‘topping tail’ on the weekly chart. Gold closed at another all time high after rallying for a 9th week, tho we saw a pullback on Friday -could be topping out in this area. Crypto fell for a 2nd week. Oil has been in  a downtrend, and fell some more last week.  Long term Interest rates pulled back again, and have been in a downtrend since May.    The VIX popped, then dropped on Friday! VIX Futures expire this Wed  -we ‘could’ see a further VIX drop (bullish for the S&P). Mega Caps Daily chart  -Uptrend -Downtr...
Read more