Weekend update - World equity markets

It was a bullish month for most world equity markets, with net monthly changes ranging from +10.4% (Japan), +6.1% (South Africa), +4.1% (Brazil), +3.0% (Germany), +2.9% (Australia), +1.1% (China), +0.6% (Russia), +0.2% (USA), -1.2% (India), to -17.6% (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

Eight world equity markets were net higher for February, with two net lower.

Japan was very powerfully higher, whilst Argentina was severely lower.

The USA, Japan, Brazil, South Africa, and Australian markets broke new historic highs.

Nine markets are trading above their respective monthly 10MA, the exception being India.

Eight markets have positive monthly momentum, the two exceptions being Russia and India. 

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Looking ahead

Earnings:

*BRK.B (Saturday)

M - $NCLH $XERS $AAON  $CGEN $ASTH $ADT $SEE $QURE $CRDO $RIOT $BBAI $MDB $PLUG $QUBT $ASTS $AES $ACHR $OUST

T - $TGT $BBY $SE $AZO $PSFE $ANTA $SRAD $ONON $EVGO $MASS $CRWD $GTLB $RIGL $MEC $FTEK $RYAM $BOX $BGS $EOLS $HRZN 

W - $ANF $DY $WIX $STVN $SMRT $HLLY $EWCZ $EYE $EYPT $RSKD $AVGO $RGTI $VEEV $OKTA $OOMA $BULL $AEO $STEM $NAGE $CBRL

T - $CIEN $AMPX $KR $JD $LQDA $TNGX $VSCO $BURL $KURA $BILI $MRVL $COST $GPRO $IOT $PTRN $BCIC $OMDA $PBR $AEYE $GWRE

F - $AQN $DTI $GCO $EMJB $EVEX 

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Econ-data/events

M - PMI & ISM manu', vehicle sales

T -  

W - ADP jobs, PMI & ISM serv', Fed Beige book (2pm)

T - Weekly jobs, productivity, import prices

F - Monthly jobs

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Have a good weekend
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*the next post on this page will likely appear by 4.30pm EST on Monday.

 

 

 

February settles red

US equity indexes closed broadly lower, SPX -29pts (0.4%) at 6878. Nasdaq comp' -0.9%. Dow -1.0%. The Transports settled -0.2%. R2K -1.8%

SPX - daily

VIX - daily

Summary

Equities opened broadly lower, the SPX printing a morning low of 6831, bouncing to 6877, and settling at 6878.  Volatility picked up, the VIX printing an early high of 21.74, if cooling back to settle +6.6% to 19.86. 
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Night falls on February trading

 

Full moon is Tues' March 3rd

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A rather mixed Thursday

 US equity indexes closed rather mixed, SPX -37pts (0.5%) at 6908. Nasdaq comp' +1.2%. Dow +0.03%. The Transports settled +2.1%. R2K +0.5%

SPX - daily

 

VIX - daily

Summary

US equities opened a little choppy, the SPX printing a high of 6947, but swinging significantly lower to 6859, and settling at 6908.

Volatility was mixed, the VIX printing an early low 17.50, spiking to 20.54, and settling +3.9% to 18.63. 

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Midweek upside

US equity indexes mostly closed on a positive note, SPX +56pts (0.8%) at 6946. Nasdaq comp' +1.3%. Dow +0.6%. The Transports settled -0.6%. R2K +0.4% 

SPX - daily

VIX - daily

Summary

US equities opened on a positive note, with the SPX battling upward to 6952, and settling 6946.

Volatility was ground lower, the VIX settling -8.3% to 17.93 
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Another fine day

The twilight zone

Bullish ducks

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Standard Turnaround Tuesday

US equity indexes closed broadly higher, SPX +52pts (0.8%) at 6890. Nasdaq comp' +1.1%. Dow +0.8%. The Transports settled +0.9%. R2K +1.1% 

SPX - daily

VIX - daily

Summary

An early low of 6815, but recovering to 6899, and settling +0.8% to 6890.

Volatility was ground back lower, the VIX settling -6.9% to 19.55. 
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A fine Tuesday

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Starting weak

US equity indexes closed significantly lower, SPX-71pts (1.1%) at 6837. Nasdaq comp' -1.1%. Dow -1.7%. The Transports settled -2.8%. R2K -1.7% 

SPX - daily

VIX - daily

Summary

US equities opened a little choppy, with the SPX briefly turning positive to 6916, but then spiraling to 6819, with a latter day bounce to settle sig' lower at 6837. 

Volatility picked up, the VIX settling +10.1% to 21.01. 
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Weekend update - US equity indexes

It was a bullish week for US equity indexes, with net weekly gains ranging from +2.6% (Trans), +1.5% (Nasdaq comp'), +1.1% (SPX), +0.6% (R2K), +0.5% (NYSE comp'), to +0.25% (Dow).

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

All six US equity indexes were net higher for the week.

The Transports lead the way up, whilst the Dow lagged. 

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Looking ahead

Earnings:

M - $WGS $DPZ $AXSM $D $SCL $CRGO $EMA $FRPT $DEA $LINC $HIMS $BWXT $KTOS $KEYS $PRIM $FANG $JBTM $OVV $OKE $OPAD

T - $HD $CIFR $DOCN $DRS $FIS $XMTR $AS $LTH $PLNT $AMC $MELI $CAVA $ZETA $NVTS $WDAY $TEM $UIS $HPQ 

W -$HUT $TJX $TRIN $PLAB $CRCL $VLN $RXRX $IONS $BXSL $BMO $NVDA $CRM $TTD $SNOW $IONQ $SNPS $ARRY $PSTG $VICI $NTNX $JOBY

T -$QBTS $CELH $VST $ACMR $EOSE $BIDU $RXT $WBD $GCT $CRWV $RKLB $MARA $INOD $DELL $OPK $SOUN $ZS $DUOL $CODI 

F - $UUUU $DIBS $EXK $GSAT $VIA $ABR $TCPC $SHO $NWN $AMRX 

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Econ-data/events

M - Factor orders

T - Case-Shiller HPI, wholesale invent', consumer conf'

W - EIA Pet'

T - Weekly jobs

F - PPI, construction, Chicago PMI 

*As Friday is end month, I'd expect more dynamic price action on higher vol'.  

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Have a good weekend
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*the next post on this page will likely appear 6pm EST on Monday.
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Tariff related swings

US equity indexes closed on a positive note, SPX +47pts (0.7%) at 6909. Nasdaq comp' +0.9%. Dow +0.5%. The Transports settled +1.8%. R2K +0.01%

SPX - daily

VIX - daily

Summary

US equities opened on a weak note, the SPX printing an early low of 6836, but swinging upward to 6915, and settling moderately higher at 6909. 

Volatility was mixed, the VIX printing an opening high of 21.21, and settling -5.6% to 19.09. 

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A red Thursday

US equity indexes mostly closed on a weak note, SPX -19pts (-0.3%) at 6861. Nasdaq comp' -0.3%. Dow -0.5%. The Transports settled -1.6%. R2K +0.2%

SPX - daily

VIX - daily

Summary

US equities opened on a weak note, with the market rightly concerned about a looming US attack on Iran. The SPX cooled to 6833, if recovering to settle 6861. 

Volatility remained elevated, the VIX settling +3.1% at 20.23.
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Wednesday War talk

US equity indexes closed on a positive note, SPX +38pts (0.6%) at 6881. Nasdaq comp' +0.8%. Dow +0.3%. The Transports settled +1.4%. R2K +0.4%

SPX - daily

VIX - daily

Summary

US equities opened on a positive note, with the SPX battling upward to 6909. There was some afternoon cooling to 6857, and settling moderately higher at 6881.     

Volatility was mixed, the VIX printing a low of 18.48, but swinging upward to 20.21, and settling  -3.3% to 19.62. 

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Not so pretty

US equity indexes closed somewhat mixed, SPX +7pts (0.1%) at 6843. Nasdaq comp' +0.1%. Dow +0.1%. The Transports settled +1.0%. R2K +0.04%

SPX - daily

VIX - daily

Summary

US equities opened choppy, with the SPX taking a swing lower to 6775. From there... a few bounce attempts, printing a high of 6866, and settling at 6843. Underlying price action is not so pretty, as net downside to around 6600 looks increasingly probable... whether next week, or first week of March.

Volatility saw an early high of 22.96, if cooling back to settle -1.5% to 20.29. 
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