Market Weekly: Oct 2 Oct 6 2017

Join us in our weekly market thread.

This weeks U.S. market data includes Markit manufacturing and services PMIs (September Final), Institute for Supply Management (ISM) manufacturing survey (September), Construction spending (August), Vehicle sales (September), Factory and durable goods orders (August final), Trade balance (August), Employment reports (September), Wholesale sales and inventories (August final).

construction spendingcomment section below data
Last Weeks recap

Mortgage applications   
w/w purchase +3%
YoY purchase +4%
w/w refinance -4%

M1
-1.0% w/w
-0.2% m/m
+4.8% YoY Real M1

Initial jobless claims
272,000 +13,000

Railroad transport
Carloads -2.0% YoY
loads ex-coal -1.3% YoY
Intermodal units +5.1% YoY
Total loads +1.6% YoY

Oil prices and usage
Oil +$1.01 to $51.64 w/w
Gas prices -$0.05 to $2.58 w/w     
Usage 4 wk avg +0.6% YoY

M2
0.1% w/w 
+0.3% m/m
+3.2% YoY Real M2

0.310 TED spread -0.010 w/w
1.1240 LIBOR unchanged w/w

Shipping transport
Harpex -3 to 514
Baltic Dry -79 to 1391

NYSE ^TRIN
1.16

Week
Dow Jones 0.2%
Nasdaq 1.1%
S&P 500 0.7%
Russell 2000 2.8%     
YTD
Dow Jones 13.4%
Nasdaq 20.7%
S&P 500 12.5%
Russell 2000 9.9%

Baltic Dry Index
bdi sep 30 2017.JPG

P/Es & Yields on Major U.S. Indexes
pe yields sep 30 2017


Earnings report this week – here is a ticker list of notables
MegaCaps:
LargeCaps: PEP BTI COST MON CUK STZ KEP YUMC LEN CEA
MidCaps: AYI LW RPM CCU ALR SID AKRX FUL HELE STRP CALM

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