Saturday, 23 August 2025

Weekend update - US equity indexes

It was a bullish week for most US equity indexes, with net weekly changes ranging from +3.4% (R2K), +2.8% (Trans), +1.7% (NYSE comp'), +1.5% (Dow), +0.3% (SPX), to -0.6% (Nasdaq comp').

Lets take our regular look at six of the main US indexes

sp'500

Nasdaq comp'

Dow

R2K

NYSE comp'

Trans

Summary

Five US equity indexes were net higher for the week, with one net lower.

The R2K lead the way up, whilst the Nasdaq was moderately lower.

The Dow and NYSE comp' broke new historic highs.

Looking ahead

Earnings:

M - $PDD $NSSC $SSL $SMTC $HEI $MOLN

T - $BMO $BNS $BEKE $ATAT $ECX $EH $DQ $HDL $CDLR $OKTA $MDB $BOX $NCNO $PVH $ELMD $JOYY $GGAL $OOMA $TUYA

W - $KSS $ANF $SJM $WSM $RY $MCFT $PLAB $DCI $TIGR $HAFN $NVDA $SNOW $CRWD $HPQ $VEEV $NTNX $URBN $FIVE $PSTG $NTAP

T - $DG $BBY $TD $CM $BBWI $BURL $DKS $OLLI $LI $LUCK $MRVL $DELL $IREN $ULTA $S $AFRM $GAP $AMBA $ESTC $WOOF

F - $BABA $DOOO $FRO

-

Econ-data/events

M - New home sales

T - Durable goods orders, Case-Shiller HPI, consumer conf'

W - EIA Pet'

T - Weekly jobs, Q2 GDP (print'2), pending home sales

F - Pers' income/spending, PCE, Intl' trade, retail & wholesale invent', Chicago PMI, consumer sent'

Friday is end month, normally I'd expect dynamic price action on higher vol', but it is the lead into the Labor day holiday break, which will lean to considerable minor chop on light vol'.

-


If you value my work on Blogger, X, and want more of the same, subscribe to my intraday service! For details and the latest offers, see: https://www.tradingsunset.com

Have a good weekend
--

*the next post on this page will likely appear 4.20pm EST on Monday.

Friday, 22 August 2025

Powering upward on Powell

US equity indexes closed very significantly higher, SPX +96pts (1.5%) at 6466. Nasdaq comp' +1.9%. Dow +1.9%. The Transports settled +3.3%. R2K +3.9%

SPX - daily

VIX - daily

Summary

US equities opened on a positive note. The Powell duly appeared at Jackson Hole...


Equities surged on the belief that rates will be cut Sept'17th, with the SPX printing 6478, and settling at 6466. Volatility was crushed into the weekend, the VIX settling -14.3% to 14.22.


Extra charts in AH (usually around 5pm EDT) @ https://x.com/Trading_Sunset

Goodnight from London
--

 
Subscription offers > https://www.tradingsunset.com

Thursday, 21 August 2025

Pre-Powell cooling

US equity indexes mostly closed on a weak note, SPX -25pts (0.4%) at 6370. Nasdaq comp' -0.3%. Dow -0.3%. The Transports settled -0.1%. R2K +0.2%

SPX - daily

VIX - daily

Summary

Equities leaned weak for a fifth day, the SPX settling moderately lower to 6370.

Volatility climbed for the fifth day of six, settling +5.8% to 16.60.


Extra charts in AH (usually around 5pm EDT) @ https://x.com/Trading_Sunset

Goodnight from London
--

 
Subscription offers > https://www.tradingsunset.com