It was a mixed week for US equity indexes, with net weekly changes ranging from +0.4% (Nasdaq comp'), +0.1% (Dow), -0.2% (SPX), -0.3% (Trans), to -0.6% (NYSE comp').
Lets take our regular look at five of the main US indexes
sp'500
Nasdaq comp'
Dow
NYSE comp'
Trans
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Summary
Two US equity indexes were net higher for the week, with three net lower.
The Nasdaq comp' was strongest, whilst the NYSE comp' lagged.
The Nasdaq comp' broke a new historic high.
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Looking ahead
It will be another short week, with Friday closed for New Years day. Thursday will be a full trading day.
Earnings: none.
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Econ-data/events
M - -
T - Case-Shiller HPI
W - Intl' trade, Chicago PMI, Pending home sales
T - Weekly jobs
F - CLOSED *New Years Day*
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Final note
So, we have just four trading days remaining of 2020. For many, it will be a year to forget, for a few - namely the societal and political elite, its been the best year ever. The degree of control over the unwashed sheep has massively increased, whilst the flow of capital is to an ever smaller number of people.
Those of you who continue to fall for the left vs right paradigm, you have only yourselves to blame, for the ongoing horror show.
Ohh, and if you think 2021 will be any better than 2020, you've not been paying attention within... the twilight zone.
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Enjoy the Christmas/holiday weekend
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*the next post on this page will likely appear 5pm EST on Monday.
