Saturday 9 January 2021

Weekend update - US equity indexes

It was a bullish week for US equity indexes, with net weekly gains ranging from +3.0% (NYSE comp'), +2.9% (Trans), +2.4% (Nasdaq comp'), +1.8% (SPX), to +1.6% (Dow).


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

sp'500


Nasdaq comp'


Dow


NYSE comp'


Trans


Summary

All five US equity indexes settled net higher. 

The NYSE comp' lead the way higher, with the Dow relatively laggy.

All five US equity indexes broke new historic highs.

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Looking ahead

It will be the start of Q4 earnings season, formally starting with a quartet of US financials on Friday.

Earnings:

M -

T - KBH

W - INFY

T - TSM, APHA, BLK, DAL

F - JPM, WFC, C, PNC

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Econ-data/events

M -

T - JOLTS

W - CPI, Fed Beige book, US T-budget

T - Weekly jobs, import/export prices

F - Retail sales, PPI, Empire state', Indust' prod', consumer sent', busi' invent', *OPEX*

*As Monday Jan'18th is CLOSED, Friday Jan'15th could be expected to see considerable chop on higher volume, not least with the added issue of OPEX.

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Final note

With humanity deciding to wrap itself ever tighter in a veil of darkness, there is nothing more to be said here.
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Have a good weekend

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