It was a bearish week for US equity indexes, with net weekly declines ranging from -3.6% (R2K), -3.4% (Trans), -2.5% (Nasdaq comp', Dow), -1.7% (SPX), to -1.2% (NYSE 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 settled sig' lower.
The R2K lead the way down, whilst the NYSE comp' was most resilient.
The SPX broke a new historic high.
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Looking ahead
Earnings:
*Sat' Feb'22: BRK.B
M - $DPZ $AZUL $SMMT $WLK $SSL $CCO $HIMS $RIOT $TEM $CLF $ZM $FANG $CTRA $O $CHGG $TCOM
T - $HD $PLNT $KDP $DOCN $ALLT $CIFR $BNS $DNUT $ITRI $AMT $CAVA $AMC $AXON $FSLR $LCID $CART $LMND $WDAY $ZETA $INTU
W - $LOW $NRG $AAP $YOU $BUD $STLA $IEP $INVZ $VLN $UWMC $NVDA $SNOW $AI $CRM $MARA $JOBY $IONQ $ROOT $KTOS $NTNX
T - $VST $NCLH $GEO $GTN $VTRS $VRNA $TD $MPW $OPRA $DQ $SOUN $DELL $RKLB $ACHR $CLOV $SMR $TMDX $DUOL $TLN $OPEN
F - $FUBO $WULF $GTLS $FLGT $AES $FRO $BFLY $AMR $DIBS $APLS
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Econ-data/events
M - -
T - Case-Shiller HPI, consumer conf'
W - New home sales, EIA Pet',
T - Weekly jobs, Q4 GDP (print'2), durable goods orders, pending home sales
F - Pers' income/outlays, PCE, intl' trade, retail & wholesale inventories, existing home sales, consumer sent', Chicago PMI
*As Friday is end month, I'd expect more dynamic price action on higher vol'.
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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.
