It was a bullish week for most US equity indexes, with net weekly changes ranging from +3.4% (R2K), +2.8% (Trans), +1.7% (NYSE comp'), +1.5% (Dow), +0.3% (SPX), to -0.6% (Nasdaq comp').
Lets take our regular look at six of the main US indexes
sp'500
Nasdaq comp'
Dow
R2K
NYSE comp'
Trans
–
Summary
Five US equity indexes were net higher for the week, with one net lower.
The R2K lead the way up, whilst the Nasdaq was moderately lower.
The Dow and NYSE comp' broke new historic highs.
–
Looking ahead
Earnings:
M - $PDD $NSSC $SSL $SMTC $HEI $MOLN
T - $BMO $BNS $BEKE $ATAT $ECX $EH $DQ $HDL $CDLR $OKTA $MDB $BOX $NCNO $PVH $ELMD $JOYY $GGAL $OOMA $TUYA
W - $KSS $ANF $SJM $WSM $RY $MCFT $PLAB $DCI $TIGR $HAFN $NVDA $SNOW $CRWD $HPQ $VEEV $NTNX $URBN $FIVE $PSTG $NTAP
T - $DG $BBY $TD $CM $BBWI $BURL $DKS $OLLI $LI $LUCK $MRVL $DELL $IREN $ULTA $S $AFRM $GAP $AMBA $ESTC $WOOF
F - $BABA $DOOO $FRO
-
Econ-data/events
M - New home sales
T - Durable goods orders, Case-Shiller HPI, consumer conf'
W - EIA Pet'
T - Weekly jobs, Q2 GDP (print'2), pending home sales
F - Pers' income/spending, PCE, Intl' trade, retail & wholesale invent', Chicago PMI, consumer sent'
Friday is end month, normally I'd expect dynamic price action on higher vol', but it is the lead into the Labor day holiday break, which will lean to considerable minor chop on light 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.