Trader's Weekly Planner

Week of December 18, 2023

December 17, 2023

Monday, December 18, 2023

News Events 

  • 1000 Home Builder Confidence Index (Dec)

 

Notable Earnings

  • n/a

 

Tuesday, December 19, 2023

 

News Events

  • 0830 Housing Starts (Nov)

  • 0830 Building Permits (Nov)

 

Notable Earnings 

Before the Open:

  • Accenture (ACN)

 

After the Close:

  • FedEx (FDX)

  • Worthington Industries (WOR)

 

Wednesday, December 20, 2023

 

News Events

  • 0700 MBA 30-Year Mortgage Rate

  • 0830 US Current Account (Q3)

  • 1000 Existing Home Sales (Nov)

  • 1030 Crude Oil Stock Change

 

Notable Earnings 

Before the Open: 

  • General Mills (GIS)

  • Winnebago Industries (WGO)

 

After the Close :

  • Micron (MU)

  • BlackBerry (BB)

 

Thursday, December 21, 2023

 

News Events

  • 0830 Initial Jobless Claims

  • 0830 GDP (revision, Q3)

  • 0830 Philadelphia Fed Manufacturing Survey (Dec)

  • 1000 US Leading Economic Indicators (Nov)

 

Notable Earnings 

Before the Open: 

  • Cintas (CTAS)

  • Paychex (PAYX)

  • Carnival Corp (CCL)

  • CarMax (KMX)

 

After the Close :

  • Nike (NKE)

 

Friday, December 22, 2023

 

News Events

  • 0830 Durable Goods Orders (Nov)

  • 0830 Personal Income (Nov)

  • 0830 PCE Index (Nov)

  • 0830 Core PCE Index (Nov)

  • 1000 New Home Sales (Nov)

  • 1000 Consumer Sentiment (Dec)

 

Notable Earnings 

  • n/a

 

Indices Data:

 

A. Percentage of Stocks Above Moving Average (20 Day, 50 Day, 100 Day & 200 Day)

 

DJIA: 83.33%, 83.33%, 80%, 73.33%

 

S&P 500: 82.1%, 86.28%, 77.93%, 71.96%

 

NASDAQ 100: 86.13%, 90.09%, 75.24%, 74.25%

 

 

B. Percentage off Recent High

 

DJIA: 37305.17; New Pivot High… a 10% correction level is 33,574.65

1 Week Ago: 36,247.88; New Pivot High

 

S&P 500: 4,719.18; New Pivot High … a 10% correction level is 4,247.26

1 Week Ago: 4,604.36; -0.06%

 

NASDAQ 100: 16,623.45; New Pivot High … a 10% correction level is 14,961.11

1 Week Ago: 16,084.69; New Pivot High

 

RUSSELL 2000: 1,985.13; -1.10% … a 10% correction level is 1,806.58

1 Week Ago: 1,880.82; -6.3%

 

 

C. Market Sentiment Indicators

 

Fear Greed Index: 67 (Indicating Greed)

 

1 Week Ago: 68 (Greed), 1 Month Ago: 52 (Neutral), 1 Yr Ago: 60 (Greed)

 

Market Notes:

 

Next week: Markets Closed Monday. Merry Christmas!! Happy Holidays.

 

Editor’s Notes:

Please forward this email to anyone you think might find it useful.

 

Or if you have any suggestions on how we can improve it, please drop us a note at: [email protected]. Thanks, good luck and go get ‘em!!

 

Email Disclaimer:

The Trader’s Weekly Planner emails are NOT trade alerts to buy or sell. I am not a financial advisor nor a CPA. The above information is for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are soley your responsibility. It is imperative that you conduct your own research and independently verify any of the above information. I am merely sharing my opinion, research and/or investigation of publically available sources, with no guarantee of accuracy, or guarantee of gains or losses on investments.Trad