Saturday, 7 June 2025

Weekend update - US equity indexes

It was a bullish week for US equity indexes, with net weekly gains ranging from +3.3% (R2K), +2.2% (Nasdaq comp'), +1.5% (SPX), +1.3% (NYSE comp', Trans), to +1.2% (Dow).

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 higher for the week.

The R2K lead the way up, whilst the Dow lagged.

The SPX, Nasdaq, and NYSE are above their respective monthly 10MA. 

All six US equity indexes have negative monthly momentum.

Looking ahead

Earnings:

M - $GHM $MPAA $CASY $CVGW $AII $LAKE $LMNR $SKIL $CMTL

T - $ASO $UNFI $DBI $SJM $CNM $GME $GTLD $PLAY $SFIX $PETS

W - $CHWY $VSCO $VRA $SAIL $JILL $ORCL $OXM

T - $LOVE $ESTA $HOFT $CRMT $ADBE $RH

F - $MNY

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Econ-data/events

M - Wholesale invent'

T - NFIB optimism index

W - CPI, EIA Pet', US T-budget (2pm)

T - PPI, Weekly jobs

F - Consumer sent'

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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.