It was a mixed week for US equity indexes, with net weekly changes ranging from -2.8% (Transports), -2.1% (Nasdaq comp'), 1.4% (SPX), -1.2% (Dow), -0.8% (R2K), to +0.3% (NYSE comp').
Lets take our regular look at six of the main US
indexes (weekly candle charts)
sp'500
Nasdaq comp'
Dow
NYSE comp'
R2K
Trans
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Summary
Five US equity indexes were net lower for the week, with one net higher.
The Transports was very significantly lower, whilst the NYSE comp' was marginally higher.
The Dow, NYSE comp', and the Trans broke new hist' highs.
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Looking ahead
It will be a short four day trading week, with Monday CLOSED for Washington's birthday.
Earnings:
M - $RNW $SON $AIBI $OTTR
T - $ET $MDT $SXC $LDOS $VMC $KRYS $CRNT $ECC $FLR $ETOR $HL $PANW $CDNS $DVN $EQT $SSRM $TOL $KVUE $MKSI $FE
W - $ADI $SEDG $GRMN $MCO $LBTYA $PUMP $CSTM $VRSK $FVRR $ICL $KGC $CDE $PAAS $RGLD $EQX $CVNA $DASH $FIG $EBAY $RELY
T - $WMT $AG $PWR $DE $LMND $KLAR $VC $W $DAVA $NICE $OPEN $RIG $NEM $AKAM $FIX $LYV $SFM $TXRH $CGAU $AXTI
F - $AU $TLX $PQR $PPL $OIS $FLT $LAMR $HBM $WU $CCOI
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Econ-data/events
M - *CLOSED*
T - Empire state manu'
W - Housing starts, building permits, durable goods orders, retail & wholesale invent', FOMC mins (2pm)
T - Weekly jobs, intl' trade, Phil' Fed manu', pending home sales
F - GDP Q4 (print'1), Pers' income/spending, PCE, PMI serv' & manu', new home sales, consumer sent', *OPEX*
As Friday is opex, I'd expect considerable chop on higher vol'
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Have a good weekend
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*the next post on this page will likely appear 4.20pm
EST on Tuesday, Feb'17th.
