It was a mixed week for US equity indexes, with net weekly changes ranging from -0.7% (R2K), -0.6% (Nasdaq comp'), -0.3% (SPX), -0.15% (Dow), -0.1% (NYSE comp'), to +0.8% (Trans).
Lets take our regular look at six of the main US indexes
sp'500
Nasdaq comp'
Dow
R2K
NYSE comp'
Trans
–
Summary
Five indexes were net lower for the week, whilst the Transports was higher.
The R2K was the weakest index... if only moderately, whilst the Trans was moderately higher.
The SPX, Nasdaq, Dow, NYSE, and R2K broke new hist' highs.
–
Looking ahead
Earnings:
M - $CCL $PRGS $JEF $IVA $MTN
T - $LW $UNFI $PAYX $NKE
W - $AYI $CAG $RZLV $NG $CALM $RPM
T - $ANGO
F -
-
Econ-data/events
M - Pending home sales
T - Case-Shiller HPI, Chicago PMI, JOLTS, consumer conf'
W - ADP jobs, construction, PMI & ISM manu', vehicle sales
T - Weekly jobs, factory orders
F - Monthly jobs, PMI & ISM serv'
*As Tuesday is end month/Q3, I'd expect dynamic price action on heavy 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.