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Week of September 3rd – 6th

  • The Dow Jones Industrial Average advanced 394.18 points, or 1.5%, to 26,797.46 this past week, while the S&P 500 rose 1.8% to 2978.71, and the Nasdaq Composite climbed 1.8% to 8103.07. Those gains followed last week’s 2.8% rise in the S&P 500 and marked the first two-week winning streak since July.  Yet the news was enough for the S&P 500 to blow through resistance at 2840 and finally escape the range it had been stuck in for about a month. And that suggests more upside could be on the way.
  • In the meantime the USD its a Tsunami, at the highest level since 2002.
  • And all these keeps dragging the 10year to 1.45%
  • Market rally. Trust the numbers, nothing else. 2% from the top.
  • This triggered the rally. A much better ISM number. Also big move in the yield curve, US and Germany, this could be a better sign that the markets rally
  • Argentina, choose 2 out of 3. Investors won’t do anything until after the elections. The next big date on Argentina’s financial trauma calendar is Sept. 15. That’s when the International Monetary Fund decides whether to lend the beleaguered nation another $5.4 billion
  • Labor Report e. 160k
  • Tuesday: Apple hosts a product launch event in Cupertino, Calif. The company is expected to unveil three iPhone 11 models
  • WeWork saldria al mercado a $20bi, no a 40/45 q pensaba.