It was a bullish week for US equity indexes, with net weekly gains ranging from +4.0% (R2K), +3.7% (Dow), +3.4% (NYSE comp'), +3.2% (Trans), +2.9% (SPX), to +2.4% (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
All six US equity indexes were net higher for the week.
The R2K lead the way up, whilst the Nasdaq lagged.
Last week's bearish engulfing candles played out... if briefly/marginally.
The SPX, Dow, NYSE comp', and Transports settled with bullish engulfing candles.
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Looking ahead
It will be a short four day trading week, with Monday CLOSED for the coronation of King Trump.,, or rather Martin Luther King day.
Earnings:
M - $BOKF (AH) *CLOSED*
T - $SCHW $MMM $KEY $DHI $FITB $FOR $PLD $UMC $GNTY $NFLX $UAL $IBKR $STX $PRGS $COF $GSBC $ZION $SMKB $WFTC
W - $PG $ABT $JNJ $HAL $GEV $ALLY $APH $CMA $TRV $CBSH $KMI $AA $DFS $RLI $EQBK $STLD $SLG $CADE $HBNC $CATY
T - $GE $AAL $HBAN $FCX $TCBI $ELV $ALK $UNP $BANC $TXN $ISRG $CSX $SRCE $BFST $FFBC $MCB $SBFG $EWBC $ASB
F - $VZ $AXP $NEE $ERIC $HCA $FCNCA $LKFN $MOG.A $NWBI
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Econ-data/events
M - *CLOSED*
T - -
W - Leading indicators
T - Weekly jobs, EIA Pet'
F - Existing home sales, consumer sent', PMI serv', PMI manu'
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Enjoy the long weekend
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*the next post on this page will likely appear 4.20pm EST on Tuesday, Jan'21st
