M Notes: Mon, 7-21
| Weekly Close: 7-18-25 | + (-) | % | |
|---|---|---|---|
| Dow30 | 44,342 | -30 | -0.1% |
| S&P500 | 6,297 | +37 | +0.6% |
| Nasdaq | 20,896 | +310 | +1.5% |
| 10-year | 4.43 | +0.01 | +0.2% |
| Oil | 67.34 | -1.41 | -2.1% |
LAST WEEK:
Markets: A new Weekly high for the S&P500.
S&P roller coaster last week: Up, Down, Up, Up, Down a smidgen.
Fed Balance Sheet: $6.659 Trillion.
Housing: Starts went up +4.6% in June, but were down -0.5% Y/Y.
Industrial production: It rebounded from -0.2% in May, to +0.3% in June.
Inflation: Consumer Inflation (the CPI) rose from 2.4% (May), up to 2.7% (June) Y/Y. Wholesale Inflation (the PPI) dropped from 2.6% (May), down to 2.3% (June) Y/Y.
Jobless claims: The weekly number came in at 221,000. The four-week average came in at 230,000.
National Debt: $37.130 Trillion. (It’s going up about $28-30 Billion/week.)
Retail sales: They easily beat the consensus of +0.1%, coming in at +0.6% in June. Retail sales are up +3.9% Y/Y.
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THIS WEEK:
Focus of the week: How will the Tariffs and the Trade deals turn out? The latest deadline of August 1st approaches.
Calendar: Existing home sales (Wed); new home sales, jobless claims (Thu); and durable goods orders (Fri).
Earnings: Some of the companies reporting this week are: Alphabet, AT&T, Boston Scientific, Chipotle, Coca-Cola, Honeywell, IBM, Intel, Lockheed Martin, Philip Morris, Sherwin Williams, Tesla, Texas Instruments, TMobile, Union Pacific, and Verizon.
* The Standard & Poor's 500 (S&P 500) is an unmanaged group of securities considered to be representative of the stock market in general. The Dow Jones Industrial Average is a price-weighted index of 30 actively traded blue-chip stocks. The NASDAQ Composite Index is an unmanaged, market-weighted index of all over-the-counter common stocks traded on the National Association of Securities Dealers Automated Quotation System. Yahoo! Finance, the Wall Street Journal, Investor’s Business Daily and Barron’s are several of the sources used for financial information.
* The National Debt figure comes from usdebtclock.org.
* Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance. Consult your financial professional before making any investment decision. You cannot invest directly in an index. Past performance does not guarantee future results. No strategy can assure a profit or protect against a loss. Investments in the securities markets involve risk, such as loss of your principal.