Saturday 14 November 2020

Weekend update - US equity indexes

It was a bullish week for most US equity indexes, with net weekly changes ranging from +4.1% (Dow, NYSE comp'), +4.0% (Trans), +2.2% (SPX), to -0.5% (Nasdaq comp').


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

sp'500


Nasdaq comp'


Dow


NYSE comp'


Trans


Summary

Four US equity indexes settled net higher for the week, with one net lower.

The Dow and NYSE comp' lead the way higher, with the Nasdaq comp' trailing.

The SPX, Nasdaq comp', Dow, and Transports broke new historic highs.


Looking ahead

Earnings:

M - JD, TSN, PANW, CSPR, BIDU, SDC, IQ

T - WMT, HD, SE, KSS, NIO

W - TGT, LOW, TJX, NVDA, BILI, KEYS, SONO, LB, JACK, SCVL

T - BJ, M, WDAY, INTU, ROST

F - FL

-

Econ-data/events

M - Empire state manu'

T - Retail sales, import/export prices, indust' prod', busi' invent'

W - Housing starts, EIA Pet'

T - Weekly jobs, Phil' Fed', Existing home sales, Leading indi'

F - *OPEX*

-

 

Final note

With each passing day what is deemed 'permitted speech' by Facebook, Twitter, Google/Youtube, becomes ever narrower. We're already past the point where many important issues are no longer questionable. Its now simply a case of whether you're fine with that... or will actively support independents such as myself. 

The time to push back against the tyranny is now, not tomorrow, or next year.

If you value non-censored straight talk, subscribe to my intraday service.
For details and the latest offers, see: https://www.tradingsunset.com

Have a good weekend

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*the next post on this page will likely appear 5pm EST on Monday.