Market Weekly: Dec 18 Dec 22 2017

Join us in our weekly market thread.

This weeks U.S. market data includes Housing starts and building permits (November), Existing and new home sales (November), Gross domestic product (3rd quarter – 3rd release)
Conference Board leading index (November), Personal income and spending (November), PCE deflator (November) and Durable goods, capital goods orders and shipments (November – Preliminary)

bsdfdg5sfShvyIkDcomment section below data
Last Weeks recap

Mortgage applications   
w/w purchase -1%
YoY purchase +10%
w/w refinance -3%

M1
+0.5% w/w
+2.1% m/m
+7.4% YoY Real M1

Initial jobless claims
225,000 -11,000 

Railroad transport
Carloads +3.4% YoY
loads ex-coal +4.1% YoY
Intermodal units +4.6% YoY
Total loads +4.0% YoY

Oil prices and usage
Oil +$0.02 to $57.35 w/w, +12.7% YoY
Gas prices -$0.01 to $2.49 w/w, +$0.25 YoY 
Usage 4 week average +1.6% YoY

M2
+0.3% w/w
+0.5% m/m
+2.5% YoY Real M2

0.320 TED spread +0.040 w/w
1.49 LIBOR +0.058 w/w

Shipping transport
Harpex unchanged 477
Baltic Dry -11 to 1668

NYSE ^TRIN
0.74

Week
Dow Jones 1.3%
Nasdaq 1.4%
S&P 500 0.9%
Russell 2000 0.6%     
YTD
Dow Jones 24.7%
Nasdaq 28.9%
S&P 500 19.5%
Russell 2000 12.8%

 

Baltic Dry Index

bdi dec 17 2017

P/Es & Yields on Major U.S. Indexes
pe yields dec 17 2017

 


Earnings report this week – here is a ticker list of notables

MegaCaps: 

LargeCaps: NKE ACN HDB FDX MU CUK CCL GIS PAYX KB RHT SHG CTAS CAG KMX TV DRI

MidCaps: FDS HEI BB NAV BBBY WOR SFIX MLHR

 

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