It was a bearish week for most US equity indexes, with net weekly changes, ranging from -4.7% (Nasdaq comp'), -3.0% (R2K), -2.6% (SPX), -0.3% (Dow), -0.15% (NYSE comp'), to +2.3% (Trans).
Lets take our regular look at six of the main US indexes
sp'500
Nasdaq comp'
Dow
R2K
NYSE comp'
Trans
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Summary
Five US equity indexes were net lower for the week, with one net higher.
The Nasdaq was powerfully lower, whilst the Transports was sig' higher.
The SPX, Nasdaq, Dow, and R2K broke new historic highs.
All six US equity indexes are trading above their respective monthly 10MA, and have positive monthly momentum.
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Looking ahead
Earnings:
M - $FCEL $CPB $GHM $DLTH $MPAA $VFS $MTN $AVO $MAMA $GLOO
T - $ASO $UEC $UNFI $LE $EH $SJM $SAIL $TITN $DBI $CASY $BARK $CBRL $LAKE $DOMO $SKIL $SUJA $LMNR
W - $CHWY $JILL $CNM $ORCL $SFIX $ATEX $AEMD $NAVN $OXM
T - $LOVE $HOFT $ACB $MH $VRA $ADBE $RH $LEN
F - -
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Econ-data/events
M - -
T - NFIB optimism, Intl' trade, existing home sales, wholesale invent'
W - CPI, US T-budget (2pm)
T - PPI, weekly jobs
F - Consumer sent', *SpaceX IPO*
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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.
