It was a bullish week for US equity indexes, with net weekly gains ranging from +6.0% (Nasdaq comp'), +5.8% (Trans), +4.7% ( NYSE comp'), +4.6% (SPX), to +3.9% (Dow)
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Lets take our regular look at five of the main US indexes.
For a grander perspective... monthly candle charts.
sp'500
Nasdaq comp'
Dow
NYSE comp'
Trans
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Summary
All five US equity indexes settled net higher for the week.
The Nasdaq comp' lead the way higher, whilst the Dow lagged.
The SPX and Nasdaq comp' broke new historic highs.
All five US equity indexes are trading about their respective monthly 10MA, and I thus see the m/t trend as bullish
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Looking ahead
A somewhat lighter week is ahead...
Earnings:
M - HAS, CHGG, TTOO, KKR
T - CGC, CRSR, COTY, CNC, DD, TWTR, CSCO, AYX, MAT, GLUU, LYFT, AKAM, THC
W - GM, KO, TEVA, UAA, CME, ZNGA, UBER, Z, MGM, SONO, LUMN
T - PEP, AZN, KHC, TSN, YETI, K, MIT, GNRC, DIS, ACB, NET, DDOG, ILMN, GDDY
F - ENB, D, NWL MCO
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Econ-data/events
M -
T - JOLTS
W - CPI, Wholesale invent', EIA Pet', US T-budget
T - Weekly jobs
F - Consumer sent'
*as Monday Feb'15th is CLOSED, expect Fri' Feb'12th to see considerable chop, on lighter vol' as many quietly walk away for a three day weekend.
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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.
