It was a bearish week for US equity indexes, with net weekly declines ranging from -4.0% (R2K), -3.4% (Nasdaq comp'), -3.1% (SPX), -2.4% (Dow), to -2.3% (NYSE comp' & Transports).
Lets take our regular look at six of the main US indexes (monthly candle charts)
sp'500
Nasdaq comp'
Dow
R2K
NYSE comp'
Trans
–
Summary
All six US equity indexes were net lower for the week.
The SPX, Nasdaq comp', R2K, and Trans', are trading under their respective monthly 10MA.
The SPX, Nasdaq comp', Dow, and NYSE comp', have positive monthly momentum, but its weakening, and prone to turning negative in April.
–
Looking ahead
Earnings:
M - $BNTX $NPWR $DRIO $URGN $FENC $FNV $ALGS $TLS $ORCL $ASAN $PAY $FTK $AUNA $MTN $LCTX $RDW $LFMD $GAIA
T - $KSS $DKS $VIK $CIEN $UNFI $FERG $BWAY $FCEL $LEGN $CMT $SMSI $MXCT $HRTG $VTS $BWMN $CASY $GRPN $FOA $WEST $SSP
W - $ZIM $ARCO $IRBT $MX $MANR $AMRN $ONDS $CXM $EH $MOMO $VRA $ADBE $PATH $S $CCI $AEO $PHR $AEYE $ECOR $TLYS $ARMN
T - $QBTS $DG $WB $FUTU $CION $SOHO $BLDP $RCMT $VFF $UCL $DOCU $ULTA $SMTC $MNR $GRWG $KINS $LRFC $PTMN $SOL $RBRK
F - $LI $GOGO $WRD $DTI $HSON $AIRS
-
Econ-data/events
M - -
T - NFIB optimism, JOLTS
W - CPI, EIA Pet', US T-budget
T - PPI, weekly jobs,
F - Consumer sentiment
-
> https://www.tradingsunset.com
Have
a good weekend
--
*the next post on this page will likely appear 4.20pm EST on Monday.
