It was a bearish week for most US equity indexes, with net weekly changes ranging from -1.2% (R2K), -0.6% (Dow), -0.3% (Trans), -0.2% (Nasdaq comp'), -0.04% (SPX), to +0.6% (NYSE comp').
Lets take our regular look at six of the main US indexes (monthly candle charts)
sp'500
Nasdaq comp'
Dow
R2K
NYSE comp'
Trans
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Summary
Five US equity indexes were net lower for the week, with one net higher.
The R2K was the weakest index, whilst the NYSE comp' was moderately higher.
More broadly, five US equity indexes are trading above their respective monthly 10MA, and have positive monthly momentum. The exception is the Transports, and they don't call it the 'old leader' for nothing.
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Looking ahead
Earnings:
M - $GOLD $MNDY $WULF $RAIL $ARQ $AGRO $DDI $RUM $SLF $DHT $CATX $CCAP
T - $HD $SE $ONON $MLCO $HUT $PSFE $MNMD $LUNR $TME $NU $SURG $OUST $GROY $ZVRA $TOI $INTA $ASM $FNV $SVM
W - $EAT $CAH $CAE $DOLE $PFGC $ARCO $PSQH $MDWD $UBS $UCL $CSCO $ASTS $DLO $ARQT $STNE $GOEV $GPRK $DFLI $LGVN $LVLU
T - $WMT $BABA $JD $DE $NICE $GRAB $GAMB $GLNG $AMAT $COHR $AMCR $SGML $HRB $DESP $RNW $ALVO $GLOB
F - $FLO $CINT
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Econ-data/events
M - US T-budget
T - PPI
W - CPI
T - Weekly jobs, Empire state manu', Phil' Fed manu', retail sales, import/export prices, indust' prod'
F - Housing starts, building permits, consumer sent', home builder conf'. *OPEX*
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a good weekend
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*the next post on this page will likely appear 4.20pm EDT on Monday.
