Job Reports, Bond Auctions And Other Key Themes To Watch This Week

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Barchart

Another week of mixed earnings and forecasts is in the books. The S&P 500 ($SPX) (SPY) finished up around 2% with the Friday high close coming to fruition again. Everyone’s favorite stock Tesla (TSLA) did not fare as well this week with it closing down over 2%, this could start to be an inverse indicator to the market, which would be a very tradable event if the correlation maintains. The Dow Jones Industrials Index ($DOWI) (DIA) was up +4.15% for the week while the Nasdaq 100 Index ($IUXX) (QQQ) was +8.84% higher. Earnings are finally starting to slow as we phase out of the earnings season in…

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