Stock Market Weekly update -Sep 13

 We pulled back a bit in the major indexes last week, while we saw another meaningful rise in long term Interest rates, and Oil rallied for yet another week! AAPL rallied while NVDA dropped, as did Bitcoin and Gold. META also rallied for a 3rd week. Semis were mostly unchanged. CPI & PPI reports indicated continued inflation! The week ahead could see some volatility as the Fed is scheduled to make their Interest Rate announcement on Wed.

Dow rises 500 points to snap 4-day slide as oil cools, traders look past inflation report

Diesel hits all-time high of $6 per gallon, and just about everything will cost more


The week ahead:  Fed on Wed…

Options Expiration Monthly & Quarterly

Schwab Weekly Trader's Outlook  

Edward Jones recap


10 year Interest rate - trending up since Feb, now at 4.98%

US Dollar -  flat at around 99.09

Gold - dropped for a 3rd week to $4347 

Oil - rallied to almost $105 but closed at $99.98

Bitcoin  - dropped to around 77k

National debt,  …also here -around $40.15T 

CPI  Rate

 

New all time Highs:  DELL, VLO, MPC, PSX, …short list again!

  -ALL time Lows:   

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

Percent of S&P 500 stocks above the 50 day MA:  Dropped again from 47% to 39% -dropping since July



Mon

Tue

Wed

Thu

Fri

Earnings



GIS, LEN



Events



Fed -Interest rate decision


Options Expiration

Mo & Qtr



The Markets: Trending down a bit over the past 4 weeks…


SPX  SPY weekly - stalling? Dropped to a potential support level.

On a weekly basis we’re seeing lower highs and lower lows for 4 weeks now.




Interest rate (10yr) -continued moving higher, pretty much at 5%




Stocks last week - 



Sectors last week  -Energy led the way again!



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:    


CASY …so much for the multi-year Caseys run up!




09/06



Link




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 some traction


Links...



Top sites


Stocks/News:  

Consumer prices rose 0.4% in August, as expected; core inflation was higher than estimated

Bond yields rise after Treasury Department announces size of buyback operation

Global oil hits $108 per barrel while bond yields surge

Inflation is outpacing wage growth again, squeezing Americans’ paychecks

Best hedges against inflation: 6 ways to protect your purchasing power

US consumer sentiment deteriorates in September, inflation expectations rise

Home sales fall in August despite the highest supply in over a decade

Xi says China will take lead to foster AI, tech cooperation among BRICS countries

...Smaller size Futures contracts:

CME Group to Expand Retail Access to Four Leading Benchmarks with E-nano Equity Index Futures

1-Ounce Gold (1OZ) futures are now trading 24/7  (specs)

Crypto/Blockchain: 

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

Coinbase gives community banks a stablecoin bridge while supplying infrastructure underneath

Nasdaq to invest $100 million in Kraken parent Payward as firms expand partnership

Kalshi launches gold and silver perps after CFTC approval 

India central bank, markets regulator launch tokenization pilot for corporate bonds and digital settlement  

Visa says stablecoin card programs are exploding, 160+ live worldwide, payment volume up 200% YoY, and settlement volume now running at a $20B annualized rate, 15x higher than a year ago


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