It was a bearish week for most US equity indexes, with net weekly changes ranging from -3.0% (R2K), -2.7% (Dow), -2.2% (NYSE comp'), -1.7% (Trans), -1.0% (SPX), to +0.2% (Nasdaq comp').
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 were net lower for the week, with one net higher.
The R2K was powerfully lower, whilst the Nasdaq comp' was marginally higher.
The Nasdaq comp' broke a new historic high.
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Looking ahead
A very busy week is ahead, with a truck load of earnings, and some key economic data.
Earnings:
M - $ON $PHG $CX $CNP $PRCT $AKR $BOH $SJW $F $TMDX $CDNS $WM $RMBS $VFC $FFIV $BRO $AMKR $UCTT
T - $MCD $PFE $RCL $SOFI $PYPL $BP $JBLU $CROX $THC $EPD $AMD $GOOGL $SNAP $CMG $V $FSLR $RDDT $QRVO $CB $ENVX
W - $LLY $CAT $HUM $GPN $TRIN $BIBB $EAT $ADP $JKS $SAN $MSFT $META $COIN $HOOD $NOVA $ETSY $RIOT $ROKU $CVNA $SBUX
T - $UBER $PTON $MRK $COP $SIRI $MO $MA $EL $K $NCLH $AMZN $AAPL $INTC $TEAM $ICFI $EGO $ARDX $AES $NINE $X
F - $CVX $XOM $D $W $FUBO $CHTR $OXLC $BFLY
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Econ-data/events
M -
T - Case-Shiller HPI, consumer conf', JOLTS
W - ADP jobs, GDP Q3 (print'1), Intl' trade, retail & wholesale invent', EIA Pet'
T - Weekly jobs, Pers' income/spending, PCE, pending home sales
F - Monthly jobs, construction, ISM manu', vehicle sales
* UK/European clocks go back one hour at 2am, Sunday, Oct'27th.
The USA will follow Nov'3rd
**As Thursday is end month, I'd expect dynamic price action on high vol'.
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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.
