It was a bullish week for most US equity indexes, with net weekly changes ranging from +1.9% (Trans), +1.7% (SPX), +1.4% (Nasdaq comp'), +1.3% (Dow), +1.2% (NYSE comp'), to -0.9% (R2K).
Lets take our regular look at six of the main US indexes
sp'500
Nasdaq comp'
Dow
R2K
NYSE comp'
Trans
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Summary
Five US equity indexes saw net weekly gains, with one net lower.
The Transports lead the way up, whilst the R2K was broadly lower.
The SPX, Dow, and NYSE comp' broke new historic highs.
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Looking ahead
We've another truck load of earnings, but most of them are mid/low tier names that few will have any interest in.
Earnings:
M - LI, DPZ, BRK.B, KRYS, AMR, ITRI, FIS, FRPT, PPC, SGRY, U, ZM, WDAY, HIMS, OKE, IRBT, CARG, SBAC, EVBG, HEI
T - NCLH, AZO, LOW, TREE, AEP, FOUR, CBRL, AMT, M, BNS, DVN, FSLR, CAVA, RKLB, ARRY, AXON, BYND, LMND, SPLK, SPCE
W - BIDU, NVAX, AAP, IEP, TJX, VTRS, ACMR, FLGT, TGTX, EME, CRM, MARA, SNOW, AMC, AI, PARA, OKTA, IONQ, WW, DUOL
T - CELH, CNQ, MLCO, BBY, CRON, BIRK, PSNY, BUD, BBWI, SIX, ZS, DELL, SOUN, FSR, DNA, ADSK, GRBK, HPE, VEEV, ESTC
F - PLUG, FUBO, TDW, RPID, RDNT, AY, INTT, AMRX
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Econ-data/events
M - New home sales
T - Durable goods orders, Case-Shiller HPI, consumer conf'
W - Q1 GDP (print'2), intl' trade, retail/wholesale invent', EIA Pet'
T - Weekly jobs, Pers' income/outlays, PCE, pending home sales,
F - -
*as Thursday is end month, I'd expect more dynamic price action on higher vol'.
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Have
a good weekend... if you deserve it (most of you don't)
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*the next post on this page will likely appear 4.20pm EST on Monday.
