It was a bullish month for most world equity markets, with net monthly changes ranging from +69.1% (Argentina), +16.6% (Japan), +4.6% (India), +2.5% (USA), +2.3% (Brazil), +1.8% (China), +1.5% (South Africa), +0.5% (Australia), +0.3% (Germany), to -6.0% (Russia).
Lets take our regular look at ten of the world equity markets.
USA - Dow
Germany – DAX
Japan – Nikkei
Brazil – Bovespa
Russia - MOEX
India – SENSEX
China – Shanghai comp'
South Africa – Dow
Argentina - MerVal
Australia – AORD
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Summary
Nine world equity markets were net higher for October, with one net lower.
Argentina was monstrously higher by +69.1%, whilst Russia was very powerfully lower by -6.0%
The USA, Germany, Japan, Brazil, South Africa, Argentina, and Australia markets, broke new historic highs.
Nine markets are trading above their respective monthly 10MA, the exception being Russia.
Seven markets have positive monthly momentum, the three exceptions being Russia, India, and Argentina.
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Looking ahead
Earnings:
M - $BRK.B $CIFR $ON $FUBO $BRKR $FRPT $IDXX $AXSM $BNTX $LQDA $PLTR $HIMS $NVTS $BWXT $GT $FN $FANG $SRPT $D
T - $UBER $SHOP $SPOT $PFE $HUT $UUUU $BP $RACE $VITL $NCLH $AMD $SMCI $ANET $ALAB $BYND $MARA $KGC $UPST $AXON $PINS
W - $MCD $$NVO $HUM $U $CCJ $DOCN $SRAD $BCO $RXRX $AES $HOOD $IONQ $APP $AMC $BROS $ARM $SNAP $FIG $ELF
T - $QBTS $COP $BCE $VST $AZN $ASPN $WBD $MRNA $TTD $OPEN $MP $IREN $SOUN $DKNG $SMR $ACHR $INOD $ABNB
F - $CEG $WEN $DIS $CGC $AXL $KKR $BAM $FUN $DUK $HLLY
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Econ-data/events:
*some data subject to not appearing due to the shutdown
M - PMI & ISM manu', construction, vehicle sales
T - Intl' trade, factory orders, JOLTS
W - ADP jobs, PMI & ISM serv', EIA Pet'
T - Weekly jobs, wholesale invent'
F - Monthly jobs, consumer sent', consumer credit (3pm)
*The US clocks will change early Sunday, November 2nd.
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Have a good weekend
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*the next post on this page will likely appear 4.20pm EDT on Monday
