Weekend update - World equity markets

It was a very mixed month for world equity markets, with net monthly changes ranging from +1.2% (USA-Dow), +1.0% (Australia), +0.7% (South Africa), +0.2% (India), +0.1% (Germany), -1.7% (Russia), -3.9% (Brazil), -5.2% (Japan), -5.4% (China), to -10.1% (Hong Kong).

Lets take our regular look at ten of the world equity markets.

USA - Dow

Germany – DAX

Japan – Nikkei

Brazil – Bovespa

Russia - RTSI

India – SENSEX

China – Shanghai comp'

South Africa – Dow

Hong Kong – Hang Seng

Australia – AORD

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Summary

Five world equity markets were net higher for July, with five net lower.

The USA was strongest, whilst Hong Kong was severely lower.

The USA, German, Indian, and Australian markets broke new historic highs.

The USA, German, Brazilian, Russian, Indian, South African, and Australian markets are holding above their respective monthly 10MA, whilst the Japanese, Chinese, and Hong Kong markets are not.

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Looking ahead

A very busy week is ahead, with another truck load of earnings, and a wheel barrow of econ-data.

Earnings:

M - ON, RACE, TTWO, FANG, NXPI, RIG, MOS, SEDG

T - BABA, CRSR, BP, COP, UAA, LLY, CLX, NKLA, DISCA, ATVI, OXY, AYX, DVN, LYFT

W - GM, CVX, KHC, RCL, MPC, ROKU, EA, UBER, ETSY, FSLY, MRO, WDC, WYNN

T - MRNA, PENN, VIAC, W, YETI, REGN, SPCE, NET, BYND, Z

F - DKNG, CGC, NCLH, CRON,

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Econ-data:

M - PMI/ISM manu', construction

T - Factory orders, vehicle sales

W - ADP jobs, PMI/ISM serv', EIA Pet'

T - Weekly jobs, intl' trade

F - Monthly jobs, wholesale invent', consumer credit (3pm)

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... and once more, night must fall.

Final note

It was indeed a very mixed month for world equity markets. Whilst the US market broke a new historic high, on the other side of the planet, things weren't going so well in communist China or their 'Special Administrative Region' of Hong Kong. 

Neither are things going so well in neighbouring Japan, holding the Olympics, with Tokyo officially in a 'state of emergency'. Incredible. 

With the Dow, SPX, Nasdaq comp', and NYSE comp' breaking new historic highs in July, the crash calling lunatics would do well to remain in their basements until at least Labor day.

For more charts, and whatever else I want to post about - outside the control of the corrupt and twisted mainstream media hacks, you know where to find me in... the twilight zone.

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For details, and the latest offers: 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.

July settles

US equity indexes ended July on a weak note, SPX -23pts (0.5%) at 4395. Nasdaq comp' -0.7%. Dow -0.4%. The Transports settled -0.1%. R2K -0.6%

SPX - daily5

VIX - daily3

Summary

US equities opened broadly weak, pressured by other world markets, and renewed chatter about restrictions. Price action was very choppy, if mostly leaning on the weaker side.

Meanwhile...

A day for the bears

 

LIVE 24/7/365 coverage...

 

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The afternoon saw considerable chop, if leaning on the weaker side.

Volatility picked up, the VIX settling +3.0% to 18.24.

... and that concludes July.
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Bullish moody skies

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Extra charts in AH (usually around 5pm EST) @ https://twitter.com/Trading_Sunset

Goodnight from London
--

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Robinhood is trading

US equity indexes closed a little higher, SPX +18pts (0.4%) at 4419. Nasdaq comp' +0.1%. Dow +0.4%. The Transports settled +0.8%.

SPX - daily5

VIX - daily3

Summary

US equities opened on a choppy note, but leaned upward into the mid afternoon, the SPX printing a new historic high of 4429.

Meanwhile...

I can relate to Josh Brown

The afternoon saw considerable chop, cooling a little into the close.

Volatility was subdued, the VIX settling -3.3% to 17.70.

Robinhood Markets (HOOD), 1min

 

It was a rough start for the latest meme stock, printing $33.35, bouncing to the IPO $38s, but settling -8.4% at $37.39.
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Another day closer

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Extra charts in AH (usually around 5pm EST) @ https://twitter.com/Trading_Sunset

Goodnight from London
--

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More fedspeak nonsense

US equity indexes closed rather mixed, SPX -0.8pts (0.02%) at 4400. Nasdaq comp' +0.7%. Dow -0.4%. The Transports settled -0.6%.

SPX - daily5

VIX - daily3

Summary

It was a day of considerable micro chop.

Powell - CEO of Print Central

The market saw some moderate chop with Powell touting the usual fedspeak nonsense. There was a touch of cooling into the close, with the SPX settling effectively flat.

Volatility was a little choppy, the VIX printing 19.44, but settling -5.4% to 18.31.
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Another day concludes on Planet Crazy

–
Extra charts in AH (usually around 5pm EST) @ https://twitter.com/Trading_Sunset

Goodnight from London
--

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Pre-FOMC cooling

US equity indexes closed broadly lower, SPX -20pts (0.5%) at 4401. Nasdaq comp' -1.2%. Dow -0.2%. The Transports settled -2.2%.

SPX - daily5

VIX - daily3

Summary

US equities saw broad cooling ahead of Wednesday's FOMC. The afternoon saw a minor recovery. VIX saw a spike to 20.44, if cooling back to settle +10.1% to 19.36.
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Another day closer

–
Extra charts in AH (usually around 5pm EST) @ https://twitter.com/Trading_Sunset

Goodnight from London
--

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Monday micro chop

US equity indexes closed fractionally higher, SPX +10pts (0.2%) at 4422. Nasdaq comp' +0.03%. Dow +0.2%. The Transports settled +0.1%.

SPX - daily5

VIX - daily3

Summary

It was a day of considerable micro chop, but the equity bull maniacs still managed a new historic high, settling at sp'4422. Volatility was subdued, the VIX settling +2.2% to 17.58. Most of today's gain was largely due to it being a new week.
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Another day closer to the end

–

Extra charts in AH (usually around 5pm EST) @ https://twitter.com/Trading_Sunset

Goodnight from London
--

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Weekend update - US equity indexes

It was a bullish week for US equity indexes, with net weekly gains ranging from +2.8% (Nasdaq comp'), +1.8% (Trans), +1.1% (Dow, NYSE comp'), to +1.0% (SPX).

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

All five US equity indexes were significantly net higher for the week.

The Nasdaq comp' lead the way higher, with the SPX lagging.

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

More broadly, all five indexes are trading above their respective monthly 10MA, and I thus see the m/t trend as bullish.

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Looking ahead

A very busy week is ahead, with a monster truckload of earnings, and more nonsense talk from the CEO of Print Central.

Earnings:

M - LMT, HAS, TSLA, LOGI

T - UPS, GE, MMM, RTX, JBLU, WM, SIRI, AAPL, AMD, MSFT, GOOGL, V, TDOC, SBUX

W - BA, SHOP, PFE, TLRY, MCD, SPOT, BMY, TEVA, TMO, GNRC, FB, F, PYPL, QCOM, NOW, LRCX, SAVE

T - MA, MT, OSTK, MO, VLO, AZN, MRK, PGE, AMZN, PINS, X, TWLO, SKWS, GILD

F - XOM, CVX, CAT, PG, ABBV

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Econ-data/events

M - New home sales

T - Durable goods orders, Case-Shiller HPI, consumer con'

W - Intl' trade, EIA Pet'

*FOMC announcement 2pm, Press conf' 2.30pm. The fed can be expected to begin alluding to QE taper.

T - Weekly jobs, Q2 GDP (print'1), pending home sales

F - Pers' income/outlays, Chicago PMI, consumer sent'.

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Final note

Suffice to add, with three new index historic highs, the crash calling lunatics would do well to crawl back into their basements... at least until Labor day is out of the way.

For more charts, and whatever else I want to post about - outside the control of the corrupt mainstream media hacks, you know where to find me in... the twilight zone.

 
If you value my work on Blogger, Twitter, and want more of the same, subscribe to my intraday service! For details and the latest offers, see: https://www.tradingsunset.com

Have a good weekend

--

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

The 4400s

US equity indexes closed broadly higher, SPX +44pts (1.0%) at 4411. Nasdaq comp' +1.0%. Dow +0.7%. The Transports settled +0.7%. R2K +0.4%

SPX - daily5

VIX - daily3

Summary

It was a fourth day for the equity bulls, with the SPX pushing into the 4400s. 

Volatility was naturally ground lower, the VIX settling -2.8% to 17.20.
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Bullish summer cooling breeze

–
Extra charts in AH (usually around 5pm EST) @ https://twitter.com/Trading_Sunset

Goodnight from London
--

 

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Micro chop

US equity indexes mostly closed a little higher, SPX +8pts (0.2%) at 4367. Nasdaq comp' +0.4%. Dow +0.1%. The Transports settled -0.2%.

SPX - daily5

VIX - daily3

Summary

It was effectively a day of micro chop, if mostly leaning on the fractionally positive side. Volatility was ground lower for a third day, the VIX settling -1.2% to 17.69.
-

–
Extra charts in AH (usually around 5pm EST) @ https://twitter.com/Trading_Sunset

Goodnight from London
--

 

If you value my work on Blogger, Twitter, and would like more of the same, then subscribe to my intraday service! For details and the latest offers, see: https://www.tradingsunset.com