Weekend update - World equity markets

It was a bearish month for most world equity markets, with net monthly changes ranging from -13.2% (Japan, South Africa), -11.5% (India), -10.3% (Germany), -8.0% (Australia), -6.5% (China), -5.4% (USA), -0.8% (Russia), -0.7% (Brazil), to +13.4% (Argentina).

Lets take our regular look at ten of the world equity markets

USA - Dow

Germany – DAX

Japan – Nikkei

Brazil – Bovespa

Russia – RTSI

India

China – Shanghai comp'

South Africa

Argentina

Australia - AORD

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Summary

Nine world equity markets were lower for March, with one market higher.

Japan and South Africa were severely lower, whilst Argentina was massively higher.

South Africa printed a new historic high.

Japan, Brazil, Russia, China, South Africa, and Argentina are trading above their respective monthly 10MA

USA, Japan, Brazil, China, South Africa, and Argentina have positive monthly momentum. 

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Looking ahead 

Earnings:

M - 

T - $IQST $AEHR $GBX $LEVI $KRUS $SKIL $XELB $PXED

W - $DAL $RPM $EVO $APLD $STZ $RELL $RGP 

T - $BB $SMPL $NEOG $BYRN $WDFC $SLP $CLIR 

F - $LOT

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Econ-data/events

M -

T - Durable goods orders, consumer credit (3pm)

W - FOMC mins (2pm) 

T - Weekly jobs, Pers' income/outlays, PCE, Q4 GDP (print'3), wholesale invent'

F - CPI, factory orders, consumer sent'. 

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Final note

The collective of world equities are breaking lower, with most markets having maxed out within Jan'-Feb'. 

The war is a monstrous issue, with potential catastrophic implications for the global energy and food supply. That issue is starting to show up in a few places. The broader impact should start to become apparent within the next few weeks. By early May... the populace should have become distinctly concerned. 

Even if the war magically ended today, the supply side implications are going to be significant, and stretch into 2027. If the war continues into Q3... we have a scary problem that threatens global chaos. 

Across the next few months, if you're struggling to pay for higher gasoline, are unable to buy your favourite food/drink, or can't travel abroad, well... you know who to send your complaints to.   

Equity bears can be justifiably s/t bearish, but whether we're in the early phase of a major crash, we won't likely know until late summer. 

If anything, be sure to have enough popcorn for episode 2026 of 'Planet Krazy'.  

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Have a good Easter
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*the next post on this page will likely appear 4.20pm EDT on Monday.

Into the Easter break

US equity indexes mostly closed on a positive note, SPX +7pts (0.1%) at 6582. Nasdaq comp' +0.2%. Dow -0.1%. The Transports settled +0.8%. R2K +0.7% 

SPX - daily

VIX - daily

Summary

US equities opened significantly lower, with the market riled up by the Presidential address. The SPX printed an early low of 6474, but saw an equally significant rebound to 6601. The afternoon saw considerable minor chop, settling fractionally higher at 6582.  

Volatility was mixed, the VIX printing an early high of 27.48, and cooling back to settle -2.7% to 23.87.
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Everything is turning green

Flying giant

 

Sunny, if still a chill... 11c/52f

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April begins positive

US equity indexes closed broadly higher, SPX +46pts (0.7%) at 6575. Nasdaq comp' +1.2%. Dow +0.5%. The Transports settled +1.7%. R2K +0.7%

SPX - daily

VIX - daily

Summary

Equities began April on a positive note, the SPX printing a high of 6609, and settling +0.7% to 6575.  Volatility was ground lower for a third day, the VIX printing a low of 23.50, and settling -2.8% at 24.54. 
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March settles on a postive note

US equity indexes closed powerfully higher, SPX +184pts (2.9%) at 6528. Nasdaq comp' +3.8%. Dow +2.5%. The Transports settled +3.2%. R2K +3.4% 

SPX - daily

VIX - daily

Summary

US equities opened significantly higher, and whilst the early gains were a little shaky, there was a secondary push upward into the late afternoon, printing 6539, and settling powerfully higher at 6528. 

Volatility was crushed, the VIX settling -17.5% to 25.25. 
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The sun sets on March/Q1

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Failed bounce

US equity indexes mostly closed on a weak note, SPX -25pts (0.4%) at 6343. Nasdaq comp' -0.7%. Dow +0.1%. The Transports settled -0.8%. R2K -1.5%

SPX - daily

VIX - daily

Summary

US equities opened on a positive note, but the bulls could only manage 6427. From there... choppy cooling to break a new multi-month low of 6316, and settling moderately lower at 6343.

Volatility remained elevated, the VIX settling -1.4% at 30.61.  
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... around 7pm BST

 

... as the war continues

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Weekend update - US equity indexes

It was a mixed week for US equity indexes, with net weekly changes ranging from -3.2% (Nasdaq comp'), -2.1% (SPX), -0.9% (Dow), +0.1% (NYSE comp'), +0.4% (R2K), to +1.8% (Trans).

Lets take our regular look at six of the main US indexes

sp'500

Nasdaq comp'

Dow

NYSE comp'

R2K

Trans

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Summary

Three US equity indexes were net lower for the week, with three net higher

The Nasdaq was powerfully lower, whilst the Transports was significantly higher. 

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Looking ahead

It will be a short four day week, with Friday CLOSED for 'Good Friday'

Earnings:

M - $RZLV $PAVM $FRMI $PDSB $NMRA $IMSR $BCAX $CBAT $PRGS $DMAC $ARKO $FTHM $BLNE $SGMO $PHR $SPCE $APC $AIRJ

T -$MKC $PRPL $TE $ALTI $IMNN $BITF $CHA $AMS $JILL $INKT $NKE $BYND $NCNO $BTBT $BNZI $AAUC $RH $SPWH $PROP 

W - $LW $NG $CAG $TLRY $UNF $VNRX $PED $MSM $NKLR $PENG $FC

T - $NAMM $LNN $AYI $ANGO 

F - CLOSED

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Econ-data/events

M - Powell, 10.30am

T - Case-Shiller HPI, Chicago PMI, consumer conf'

W - Retail sales, busi' invent, PMI manu', ISM manu', EIA Pet'

T - Weekly jobs, Intl' trade 

F - Monthly jobs, PMI serv',   CLOSED

*UK/European clocks will change 2am, Sunday, March 29th

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Have a good weekend
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*the next post on this page will likely appear 6pm EDT on Monday.

 

 

 

 

Falling into the weekend

US equity indexes closed significantly lower, SPX -108pts (1.7%) at 6368. Nasdaq comp' -2.1%. Dow -1.7%. The Transports settled -1.1%. R2K -1.7%

SPX - daily

VIX - daily

Summary

US equities opened on a weak note, and whilst there was a few bounce attempts, the SPX fell to 6356, and settling sig' lower at 6368.

Volatility climbed into the weekend, the VIX settling +13.2% at 31.05. 
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An eighth consecutive red Thursday

US equity indexes closed significantly lower, SPX -114pts (1.7%) at 6477. Nasdaq comp' -2.4%. Dow -1.0%. The Transports settled -0.4%. R2K -1.8% 

SPX - daily

VIX - daily

Summary

US equities opened broadly lower. Whilst there was an initial bounce from 6553 to 6573, there was a secondary wave lower to 6473, and settling sig' lower 6477. Another red Thursday... as expected. 

Volatility picked up, the VIX printing 28.46, and settling +8.3% to 27.44. 
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A fine end to the day

A brief glimpse... before nightfall

As the war continues

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Black candle ahead of a Thursday

US equity indexes closed on a positive note, SPX +35pts (0.5%) at 6591. Nasdaq comp' +0.8%. Dow +0.7%. The Transports settled +0.6%. R2K +1.2%

SPX - daily

VIX - daily

Summary

US equities opened broadly higher, but there was an stall from resistance, the SPX maxing out at 6633. From there... cooling to 6568, and settling at 6591.

Volatility was mixed, the VIX printing an early low of 24.82, and settling -6.0% to 25.33.
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Sunny, but a cold 5c/41f

 

Bullish sunset

 

... as the war continues.

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