Lets take our regular look at five of the main US indexes (monthly candle charts, for some perspective).
sp'500
Summary
All five of the US equity indexes settled net higher for the week.
The Transports lead the way higher, with the SPX and NYSE comp' a little laggy.
The Nasdaq comp' broke a new historic high.
All five indexes are currently trading above their respective monthly 10MA, with the m/t trend outright bullish.
--
Looking ahead
A somewhat lighter week is ahead, at least in terms of scheduled earnings/data. I would especially note earnings for Barrick Gold (early Mon'), and Wheaton Precious Metals (late Wed'), both of which should be good, with extremely positive outlooks.
Earnings:
M - CGC, WKHS, GOLD, RCL, MAR, ON, NVAX, TLRY, SPG, OXY, TME, ZI
T - NIO, HUYA, SYY, LITE, TTOO, LRN, RRGB
W - JMIA, ALT, EAT, CSCO, SDC, LYFT, WPM
T - TPR, AMAT, PRPL, BIDU, IQ
F - DKNG
-
Econ-data:
M - JOLTS
T - PPI
W - CPI, EIA Pet', US T-budget
T - Weekly jobs, import/export prices
F - Retail sales, Productivity/costs, consumer sent', busi' invent'.
-
If you value my work on Blogger and Twitter, subscribe to my intraday service.
For details/latest offers, see: Permabeardoomster.com
Have a good weekend
--
*the next post on this page will likely appear 5pm EDT on Monday.