It was a mixed week for US equity indexes, with net weekly changes ranging from +3.3% (Nasdaq comp'), +1.0% (SPX), -0.6% (Dow), -0.8% (NYSE comp'), -1.2% (R2K), to -4.2% (Trans).
Lets take our regular look at six of the main US indexes (weekly candle charts)
sp'500
Nasdaq comp'
Dow
R2K
NYSE comp'
Trans
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Summary
Two US equity indexes were net higher for the week, with four net lower.
The Nasdaq comp' was powerfully higher, whilst the Transports was powerfully lower.
The SPX, Nasdaq comp', and Dow broke new hist' highs.
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Looking ahead
Earnings:
M - $RENT $MOMO $AI $ORCL $MDB $PL $TOL $BRZE $HQY $MTN $CASY $YEXT
T - $AZO $ASO $OLLI $DBI $FERG $UNFI $JOUT $MNY $GIII $GME $SFIX $PLAY $MAMA $SKIL $SPWH
W - $M $BZ $VRA $CGNT $REVG $PLAB $ADBE $NDSN $OXM
T - LOVE $CIEN $LEE $LQDT $AVGO $COST $RH $NX
F -
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Econ-data/events
M - Wholesale invent'
T - NFIB optimism, Productivity
W - CPI, EIA Pet', US T-budget (2pm)
T - PPI, weekly jobs
F - Import prices
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Final note
We've sixteen trading days left of 2024, and I'll leave it at that.
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Have
a good weekend
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*the next post on this page will likely appear 4.20pm EST on Monday.
