Weekend update - World equity markets

It was a bullish month for most world equity markets, with net monthly changes ranging from +14.3% (Argentina), +7.8% (India), +7.3% (Australia), +5.4% (Brazil), +4.8% (USA), +3.3% (Germany), +2.9% (South Africa), -0.6% (Japan), -1.8% (China), to -2.8% (Russia).

It was a bullish year for most world equity markets, with net yearly changes ranging from +360.1% (Argentina), +27.6% (Japan), +22.3% (Brazil), +20.3% (Germany), +18.7% (India), +13.7% (USA), +11.6% (Russia), +8.4% (Australia), +4.6% (South Africa), to -3.7% (China).

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

Argentina - MerVal

Australia – AORD

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Summary

Seven world equity markets were net higher for December, with three net lower. Argentina lead the way up, whilst Russia was rather powerfully lower. 

Nine world equity markets were net higher for the year, with one net lower. Argentina managed a monstrous gain of +360.1%, whilst China was -3.7%.

The USA, German, Brazilian, Indian, and Argentinian markets broke new historic highs into year end.

Eight world equity markets are trading above their respective monthly 10MA, the two exceptions being China and Australia.

Eight world equity markets have positive monthly momentum, the two exceptions being China and South Africa.

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Looking ahead

It will be a short four day trading week, with Monday CLOSED for New Years Day. 

Earnings:

M -

T -

W - UNF, CALM, SLP, RGP

T - WBA, LW, RPM, CAG, LNN, SMPL, RDUS, FC, KRUS

F - STZ, ANGO, GBX

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Econ-data/events:

M - *CLOSED*

T - PMI manu', construction

W - JOLTS, ISM manu', FOMC mins

T - ADP jobs, weekly jobs, S&P PMI serv'

F - Monthly jobs, ISM serv', factory orders

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Enjoy the holiday weekend
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*the next post on this page will likely appear 4.20pm EST on Tuesday, Jan'2nd 2024.

Another year settles

US equity indexes closed a little weak, SPX -13pts (0.3%) at 4769. Nasdaq comp' -0.6%. Dow -0.05%. The Transports settled -0.6%. R2K -1.6%

SPX - daily

VIX - daily

Summary

US equities opened in minor chop mode. There was a moderate cooling wave, the SPX printing 4751, with a minor recovery to settle at 4769.

Volatility was a little mixed, the VIX seeing a mini spike to 13.19, if cooling back to settle -0.2% to 12.45.
-

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

Goodnight from London
--

 

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Tedious price action

US equity indexes closed a little mixed, SPX +1.8pts (0.04%) at 4783. Nasdaq comp' -0.03%. Dow +0.14%. The Transports settled -0.15%. R2K -0.4%

SPX - daily

VIX - daily

Summary

US equities opened in micro chop mode, if leaning upward, the SPX printing a new cycle high of 4793, and settling at 4783. Overall price action remains distinctly tedious.

Volatility remained subdued, the VIX settling +0.3% at 12.47.
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Sunshine and showers

The waning moon

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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

Midweek chop

US equity indexes closed a little mixed, SPX +6pts (0.1%) at 4781. Nasdaq comp' +0.2%. Dow +0.3%. The Transports settled -0.5%. R2K +0.3% 

SPX - daily

VIX - daily

Summary

US equities saw a day of considerable micro chop. The SPX did manage a new cycle high of 4785, and settling at 4781. Volatility was ground lower for a fourth consecutive day, the VIX settling -4.3% to 12.43.
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Not out of focus, but a very hazy full moon

... with a Nikon P950, a better view.

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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

Boxing day gains

US equity indexes mostly closed moderately higher, SPX +20pts (0.4%) at 4774. Nasdaq comp' +0.5%. Dow +0.4%. The Transports settled +0.25%. R2K +1.3%

SPX - daily

VIX - daily

Summary

US equities opened a little choppy, if leaning on the positive side into the late afternoon. The SPX printed 4784, and settling at 4774.

Volatility picked up, but it was mostly technical, the VIX printing 13.77 (cash market), but cooling back to settle -0.3 % to 12.99.
-

 

Full moon is Wednesday

–
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

Merry Christmas

 Merry Christmas to my readers, and subscribers across the world.

 

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For those who want an alternative to the usual Christmas films...

Its not a perfect movie, but if anything, it should make you think about where AI might lead us into the next decade.
--

.. and there is the Christmas show from the hack-frauds of Redlettermedia

 

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*the next post on this page... around 4.15pm EST, Tuesday, Dec'26th

Weekend update - US equity indexes

It was a bullish week for US equity indexes, with net weekly gains ranging from +2.6% (R2K), +1.2% (Nasdaq comp'), +1.0% (NYSE comp'), +0.75% (SPX), +0.3% (Trans), to +0.2% (Dow).

Lets take our regular look at six of the main US indexes (weekly candles)

sp'500

Nasdaq comp'

Dow

R2K

NYSE comp'

Trans

–

Summary

All six US equity indexes saw net weekly gains.

The R2K was very significantly higher, whilst the Dow saw a minor gain.

The Dow broke a new historic high.

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Looking ahead

It will be a short four day trading week, with Monday CLOSED for Christmas Day. I'd keep in mind, many markets (especially European) will remain shut on Tuesday.

Earnings: none.

-

Econ-data/events

M - *CLOSED*

T - Case-Shiller HPI, consumer conf'

W - -

T - Weekly jobs, intl' trade, retail invent', wholesale invent', pending home sales

F - Chicago Busi' barometer

*With Friday being the last trading day of the year, I'd expect considerable chop on rather high vol'. 
Further, with the following Monday (Jan'1st 2024) being CLOSED, Friday will be inclined to be subdued, as many take a four day holiday.

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Christmas subscription offers >> https://www.tradingsunset.com

Have a good weekend
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*the next scheduled post on this page will likely appear 4.20pm EST on Tuesday, Dec'26th

Into the Christmas break

US equity indexes closed somewhat mixed, SPX +7pts (0.2%) at 4754. Nasdaq comp' +0.2%. Dow -0.05%. The Transports settled +0.4%. R2K +0.9%

SPX - daily

VIX - daily

Summary

US equities opened on a positive note, with the SPX pushing to 4772. From there, cooling into the afternoon to 4736, and recovering to settle marginally higher at 4754.  

Volatility was a little mixed, the VIX printing 13.96, but was ground lower into the Christmas holiday, settling -4.5% to 13.03.

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                Into the west

–
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! Christmas subscription offers: https://www.tradingsunset.com

Winter solstice gains

US equity indexes closed significantly higher, SPX +48pts (1.0%) at 4746. Nasdaq comp' +1.3%. Dow +0.9%. The Transports settled +1.7%. R2K +1.8%

SPX - daily

VIX - daily

Summary

US equities opened broadly higher, with the SPX pushing to 4743. There was some cooling into the early afternoon to 4708, and settling at 4746.

Volatility continued to climb, the VIX printing 14.49, if cooling back to settle -0.15% to 13.65.
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Winter solstice, as the long march to summer 2024 can begin.

 

Solstice moon

–
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

Sporadic cooling wave

US equity indexes closed very significantly lower, SPX -70pts (1.5%) at 4698. Nasdaq comp' -1.5%. Dow -1.3%. The Transports settled -2.3%. R2K -2.0%

SPX - daily

VIX - daily

Summary

US equities opened in minor chop mode, the SPX leaning upward to print a new cycle high of 4778. From 1pm, the market began to lean weak, with an outright ugly spiral into the late afternoon, printing 4697, and settling at 4698. 

 

Volatility was very mixed, the VIX printing 12.29, but hyper spiking to 13.93, and settling +9.1% to 13.67.
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Above the London rooftops

Full moon will be Dec'27

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

Goodnight from London
--

 

Christmas subscription offers, see: https://www.tradingsunset.com