Market Weekly: Dec 4 Dec 8 2017

Join us in our weekly market thread.

This weeks U.S. market data includes Durable goods and factory goods orders (October), Markit and ISM Services PMIs (November), Productivity and unit labour costs (3rd Quarter – final), Employment reports (November), Wholesale inventories and sales (October – final) and University of Michigan Consumer Sentiment Index survey (December – preliminary)

btfdcomment section below data
Last Weeks recap

Mortgage applications   
w/w purchase +2%
YoY purchase +6%
w/w refinance -8%

M1
+0.5% w/w
-0.5% m/m
+5.7% YoY Real M1

Initial jobless claims
238,000 -1,000 

Railroad transport
Carloads  +0.2% YoY
loads ex-coal +1.8% YoY
Intermodal units +4.7% YoY         
Total loads  +2.4% YoY

Oil prices and usage
Oil -$0.68 to $58.29 w/w, up +18.0% YoY
Gas prices -$0.04 to $2.53 w/w, up +$0.38 YoY 
Usage 4 week average +0.9% YoY

M2
Unchanged w/w
+0.2% m/m
+2.4% YoY Real M2

0.250 TED spread +0.050 w/w
1.1372 LIBOR +0.045 w/w

Shipping transport
Harpex unchanged 478
Baltic Dry +133 to 1578

NYSE ^TRIN
0.84

Week
Dow Jones 2.9%
Nasdaq -0.6%
S&P 500 1.5%
Russell 2000 1.2%     
YTD
Dow Jones 22.6%
Nasdaq 27.2%
S&P 500 18%
Russell 2000 13.3%

 

Baltic Dry Index

bdi dec 2 2017

P/Es & Yields on Major U.S. Indexes
pe yields dec 2 2017

 


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

MegaCaps: 

LargeCaps: BTI LFC AVGO PBR-A BMO MFG TLK PKX DG BF-B KB KEP SHG AZO DVMT COO ENIA BF-A

MidCaps: LULU MTN VEEV KEYS TOL TTC HDS PHI HRB FIZZ BFR JW-A SAIC CIEN CIG HQY GWPH OLLI AVAL KLXI GEF VRNT AEO OKTA UNFI KFY CLDR PLAY RH FNSR

 

Leave a Reply

Your email address will not be published. Required fields are marked *