TradingSense

We saw a big rally on Friday after the Jobs report, taking us back to the closing price from 2 weeks ago on the SPX, where a support level was broken. We'll see if this level will now act as resistance in the coming week. Bonds saw a big drop, continuing to push long term interest rates even higher.  Oil saw a big drop last week too. Interestingly, Orange Juice climbed to a multi-year high, after rising steadily since early 2022. What to Expect in the Markets Next Week  - CPI, Banks & other earnings. Week Ahead The  Dollar  - pulled back after an 11 week rally!  But the 10Yr Interest rate  pushed up yet again. Gold  dropped,  Oil  dropped big, taking out a few weeks of gains ! Bitcoin /Crypto  was flat. VIX  - was up again, then pulled back  Pops &   Drops/5 day movers :   NEE dropped further! As did VFS. New all time Highs :   CBOE, JBL, XPO,    -all time  LOWS :      ...

  We saw another drop in equities last week, making it the 4th weekly drop, and  continuing a reversal of the big 2023 uptrend in the Nasdaq . Bonds dropped again (dropping since April), continuing to push long term interest rates even higher.  We closed out the month of September with a big down move for the month, with a correspondingly big up move in long term Interest rates. What to Expect in the Markets Next Week  -  Jobs report? Other reports. Week Ahead - Oct 2nd The  Dollar  - was up again -11th week!  The 10Yr Interest rate  also pushed up again. Gold  dropped,  Oil , was flat, holding up near the  recent high! Bitcoin /Crypto  was slightly up. VIX  - was up again last week  Pops &   Drops/5 day movers :   NEE dropped, JBL popped on earnings New all time Highs :   JBL   -all time  LOWS :     S&P 500  - Pulling back for a 4th week -could see a...