It was a bullish week for US equity indexes, with net weekly gains ranging from +2.7% (Trans), +1.2% (Dow), +1.1% (SPX, Nasdaq comp'), +1.0% (R2K), to +0.9% (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
All six US equity indexes were net higher for the week.
The 'old leader' - Transports, lead the way up, whilst the NYSE comp' lagged.
The SPX, Dow, and NYSE comp' broke new hist' highs.
More broadly, all six US equity indexes have positive monthly momentum, and are trading above their respective monthly 10MA.
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Looking ahead
Earnings:
M -
T - $WBA $UNH $C $BAC $JNJ $PGR $SCHW $GS $PNC $STT $UAL $IBKR $JBHT $SGH $PNFP $HWC $EPAC $EQBK $OMC $FULT
W - $MS $ABT $USB $CFG $FHN $SYF $FCCO $PLD $OFG $AA $REXR $KMI $PPG $CSX $STLD $FR $HOMB $DFS $EFX
T - $TSM $TRV $HBAN $ELV $BX $INFY $TCBI $MTB $IIIN $CMC $NFLX $ISRG $WDFC $CCK $WAL $FNB $MRTN $MCB $PINE $OCFC
F - $CMA $SLB $AXP $PG $ALV $RF $FITB $ALLY $SFNC $ACU
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Econ-data/events
M - *Columbus Day, Bond market CLOSED*
T - Empire State manu'
W - Import prices, EIA Pet'
T - Weekly jobs, retail sales, indust' prod', busi' invent
F - Housing starts, building permits. *OPEX*
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Have
a good weekend
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*the next post on this page will likely appear 4.20pm EDT on Monday.
