It was a bullish week for US equity indexes, with net weekly gains ranging from +4.9% (Trans), +4.2% (Nasdaq comp'), +3.8% (Dow), +3.4% (SPX), +3.0% (R2K), to +2.4% (NYSE comp').
Lets take our regular look at six of the main US indexes
sp'500
Nasdaq comp'
Dow
R2K
NYSE comp'
Trans
–
Summary
All six US equity indexes were net higher for the week.
The old leader - Transports, lead the way up, whilst the NYSE comp' lagged.
The SPX, Nasdaq, and NYSE comp' broke new historic highs.
–
Looking ahead
It will be a short 3.5 day trading week, with the market CLOSED for Independence Day.
Earnings:
M - $PRGS $QMCO
T - $MSM $STZ $GBX
W - $UNF $FC $ZENV
T -
F -
-
Econ-data/events
M - Chicago PMI
T - PMI & ISM manu', construction, JOLTS, vehicle sales
W - ADP jobs, EIA Pet' report
T - Monthly jobs, weekly jobs, intl' trade, PMI & ISM serv, factory orders
*EARLY CLOSING 1pm EDT*
F - *CLOSED*
*As Monday is end month/Q2/H1, I'd expect dynamic price action on higher vol'.
-
If you value my work on Blogger, X, and want more of the same, subscribe to my intraday service! For details and the latest offers, see: https://www.tradingsunset.com
Have
a good weekend
--
*the next post on this page will likely appear 4.20pm EST on Monday.
