Stock Market Weekly update -Dec 15
The Nasdaq rallied for yet another week, but the SPX pulled back a bit, while the DOW and Russell2000 dropped for a 2nd week, after inflation data came in a little high. Long term Interest rates moved up! The Mag7 held up for the week, while TSLA finally took out its all time high after 3 years! NVDA continued to chop around since the Jun high. This week: Schwab Weekly Trader's Outlook Fed Interest rate announcement Big year end Options Expiration on Friday The 10 year Interest rate -rallied to 4.4% The Dollar -resumed its weekly rally : 106.95 Gold - was up slightly $2647 Oil -was up a bit 71.02 -rallied from a support level Bitcoin/Crypto : - chopping around the 100k level New all time Highs : AVGO, TSLA, ANET, MRVL, CRDO, CLS, WSM ALL time Lows : – TLRY, BYND Pops & Drops/5 day movers :, - Pops: RGTI, WBA, Drops - UBER Earnings movers : AVGO popped. ORCL, ADBE, MDB, TOL, PLA...