Last week data points & next week tape ($SPX $SPY $QQQQ $DIA $USO $GLD #market)

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Courtesy of of MarketBeat

Dow Industrials, up 516.96 points this week, or 4.70% to 11509.09.

  • Biggest weekly point and percent gain since the week ended July 1.
  • Today, it gained 75.91 points, or 0.66%.
  • Today’s top contributors to the Dow’s movement and their point contribution: IBM (21.95), PG (11.73), BA (8.02), TRV (5.83), AXP (5.60).
  • Today’s laggards and their point contribution: CAT (-5.30), JPM (-2.88), PFE (-2.57), UTX (-0.83), MMM (-0.76).

Nasdaq Composite, up 154.32 points this week, or 6.25% to 2622.31.

  • Biggest weekly percentage gain since the week ended July 17, 2009.
  • Today, it gained 15.24 points, or 0.58%.

S&P 500, up 61.78 points this week, or 5.35% to 1216.01.

  • Biggest weekly point and percent gain since the week ended July 1.
  • Today, it rose 6.90 points, or 0.57%.

Nymex crude for October delivery gained $0.72 per barrel this week, or 0.83% to $87.96.

  • Up $5.70 per barrel, or 6.93%, over the last four weeks.
  • Today Nymex Crude Oil lost $1.44 per barrel, or 1.61%.
  • Intraday, traded as high as $89.78 and as low as $87.00.
  • Month-to-date it is down 0.96%.

Comex gold for September delivery lost $44.30 per troy ounce this week, or 2.39% to $1812.10.

  • Down $61.60 per troy ounce, or 3.29%, over the last two weeks.
  • Today Comex Gold gained $33.60 per troy ounce, or 1.89%.
  • Month-to-date it is down 0.90%.

 

This upcoming Week – September 19 – 23, 2011

This upcoming week will be centered around the 2 day FOMC meeting, ending on Wednesday. The focus will be a potential announcement of any sort of measures that can follow up on keep maxin’ the printing press, so the party can last a few more months or weeks (?) until the music stops playing.

A potential scenario I’m working on is that any sort of meaures taken by the FED to “proactively” stimulate they economy (or what it is left of), coupled with potential good earnings results could eventually ignite the flame for a fall rally, until we face a very difficult 2012. Just an idea.

I’m looking at some technical levels, which I will be posting later.

Monday

NAHB housing index for September

Tuesday

Weekly ICSC-Goldman chain-store sales

August housing starts and building permits

Weekly Redbook retail sales

Day One, FOMC policy meeting

Wednesday

Weekly MBA mortgage applications index

Existing home sales for August

FOMC policy announcement

Thursday

Weekly jobless claims

Leading indicators for August

Friday

New York Fed President Bill Dudley speaks

San Francisco Fed President John Williams speaks

** Earnings **

Monday

Lennar

Tuesday

Carnival

AutoZone

Adobe Systems

Oracle

ConAgra Foods

Wednesday

Bed Bath & Beyond

General Mills

Red Hat

Thursday

Discover Financial Services

CarMax

Citas

FedEx

NIKE

Friday

None

 

 

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