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Stock Market Weekly update -Dec 15

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  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...

Stock Market Weekly update -Dec 8

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  The SPX and Nasdaq rallied for yet another week, with the SPX closing near 6100. The DOW and Russell2000 pulled back a bit. Long term Interest rates dropped for a 3rd week. WMT continued to rally like a tech stock (since Dec 2023) to another all time high! PLTR powered higher as well -new all time high. AMZN, AAPL, META, NFLX & IBM popped to new all time highs. Bitcoin powered over the $100k level to new all time highs. This week:   Schwab Weekly Trader's Outlook CPI & PPI reports The 10 year Interest rate -3rd week dropping, to 4.15% The Dollar -flat after rallying for 8 weeks: 105.97 Gold - dropped  $2632 Oil -dropped  to 67.10 -now at a potential support level Bitcoin/Crypto :  - recovered to around 100k ,  New all time Highs :  AAPL, AMZN, PLTR, ANET, NFLX, IBM, WMT, COST, AXON, IONQ, ISRG, H, HLT, MAR, WH, PANW, RCL, and more…     ALL time Lows :  – TLRY Pops & Drops/5 day movers :,   - Pops: SMCI,...