It was a bullish month for world equity markets, with net monthly gains ranging from +40.2% (Argentina), +12.5% (Brazil), +9.5% (Germany), +8.8% (USA), +8.5% (Japan), +8.0% (South Africa), +4.9%
(India), +4.7% (Australia), +3.2% (Russia), to +0.4% (China).
Lets take our regular look at ten of the world equity markets.
USA - Dow
Germany – DAX
Japan – Nikkei
Brazil – Bovespa
Russia - RTSI
India – SENSEX
China – Shanghai comp'
South Africa – Dow
Argentina - MerVal
Australia – AORD
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Summary
All ten world equity markets were net higher for November.
Argentina was monstrously higher, whilst China was moderately positive.
Argentina broke a new historic high.
Eight markets are trading above their respective monthly 10MA, the two exceptions were China and Australia.
Seven markets have positive monthly momentum, the three exceptions were China, South Africa, and Australia.
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Looking ahead
Earnings:
M - SAIC, GTLB
T - NIO, AZO, SJM, SIG, CRMT, MDB, S, TOL, AVAV, PLAY, ASAN, HQY, SFIX, BOX, DSGX
W - OLLI, CPB, LOVE, THO, WLY, AI, GME, CHWY, VEEV, CHPT, BRZE, SMTC, OXM, NAPA
T - DG, CIEN, AVGO, LULU, DOCU, SMAR, RH, HCP, SWBI, COO, GWRE, MTN
F - MOMO,
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Econ-data/events:
M - Factory orders
T - ISM Serv', JOLTS
W - ADP jobs, Productivity, Intl' trade, EIA Pet'
T - Weekly jobs, wholesale invent', consumer credit (3pm)
F - Monthly jobs, consumer sent'
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For
details, and the latest offers:
https://www.tradingsunset.com
Have a good weekend
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*the next post on this page will likely appear 4.20pm EST on
Monday
