US equity indexes began August on a strong note, SPX +110pts (1.5%) at 7600. Nasdaq comp' +2.1%. Dow +1.3%. The Transports settled +0.9%. R2K +1.7%
SPX – daily
VIX – daily
Summary
US equities opened moderately higher, with a distinct surge in the first half hour, the SPX battling upward across the day to 7610, and settling at 7600.
Volatility was ground lower, the VIX settling -0.8% to 15.86.
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| A fine start to August |
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| Bullish trees |
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It was a very mixed month for world equity markets, with net monthly changes ranging from +3.6% (Brazil), +2.5% (Germany), +2.1% (India), +1.7% (Australia), +1.0% (South Africa), +0.3% (USA), -5.3% (Russia), -6.4% (China), -8.1% (Japan), to -22.2% (South Korea).
Lets take our regular look at ten of the world equity markets.
USA - Dow
Germany – DAX
Japan – Nikkei
Brazil – Bovespa
Russia - MOEX
India – SENSEX
China – Shanghai comp'
South Africa – Dow
South Korea - Kospi
Australia – AORD
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Summary
Six world equity markets were higher for July, with four net lower.
Brazil was powerfully higher, whilst South Korea crashed.
The USA and German markets broke new historic highs.
The USA, German, Japanese, Brazilian, and Australian markets are trading above their respective monthly 10MA.
The USA, Japan, Brazil, and Chinese markets have positive monthly momentum.
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Looking ahead
Earnings:
M - $DEA $MAR $SRAD $TGTX $KRYS $AVA $ABTC $ALX $CGEN $PLTR $STRL $CLX $BWXT $WHR $JAZZ $VRTX $SNAP $ON $TKO
T - $PFE $CAT $MCD $W $HUT $SHLS $ENLT $ET $MRK $AMD $SPCX $ANET $ALAB $ZETA $OPEN $BKNG $KTOS $ALGT $HL
W - $LLY $SHOP $UBER $DIS $DIBS $RIOT $CRCL $BLMN $U $SNDK $WDC $APP $ELF $TTMI $MELI $RDW $AXON $BYND $ALB
T - $COP $QBTS $DDOG $CELH $UUUU $HIMX $DNOW $FISV $VTRS $LNG $DKNG $ABNB $AAOI $CENX $TXG $RGTI $TTD $INOD $RCAT $MP
F - $OKLO $VST $TTWO $PPL $WEN $UAA $ASIX $ACMR $CYD $CGC
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Econ-data/events:
M - PMI & ISM manu', construction
T - Intl' trade, JOLTS, factory orders
W - ADP jobs, PMI & ISM serv'
T - Weekly jobs, product'/costs, wholesale trade
F - Monthly jobs, consumer credit (3pm)
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Have a good weekend
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*the next post on this page will likely appear 4.20pm EST on
Monday.
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US equity indexes closed mixed, SPX +52pts (0.7%) at 7489. Nasdaq comp' +1.0%. Dow +0.5%. The Transports settled -0.2%. R2K -0.5%
SPX – daily
VIX – daily
Summary
US equities opened moderately higher, and whilst there was a significant cooling wave, the bears could only manage 7399. There was a secondary push upward to 7512, and settling at 7489.
Volatility was mixed, the VIX printing an early high of 18.70, but cooling back to settle -6.4% to 15.99.
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