It was a bearish week for most US equity indexes, with net weekly changes ranging from -2.4% (Transports), -1.1% (Dow), -1.0% (R2K), -0.9% (NYSE comp'), -0.3% (SPX), to +0.4% (Nasdaq comp').
Lets take our regular look at six of the main US indexes
sp'500
Nasdaq comp'
Dow
R2K
NYSE comp'
Trans
–
Summary
Five US equity indexes settled net lower for the week, with one net higher.
The Transports lead the way down, whilst the Nasdaq managed a moderate gain.
–
Looking ahead
A somewhat lighter week is ahead, with the market to focus on retail.
Earnings:
M - MNDY, WKHS, NU, RUM
T - HD, SE, BIDU, PSFE, TME IQ, SBLK,
W - TGT, TJC, JACK, WIX, CSCO, SQM, TTWO
T - WMT, BABA, CSIQ, GRAB, GOOS, BBWI, AMAT, FTCH, ROST
F - DE, FL
-
Econ-data/events
M - Empire state manu'
T - Retail sales, indust' prod', home builder confi'
W - Housing starts, EIA Pet'
T - Weekly jobs, Phil' Fed, existing home sales, leading indi'
F - *OPEX*
As Friday is OPEX, I would expect considerable chop, on pretty high vol'.
-
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.
