The Week 29 of 2021 US Stock Market News Recap
The Stock Market Bear took a huge bite out of the 3 major US stock indices on Monday of Week 29, but The Stock Market Bull charged back the rest of the week and ends with another trifecta of records on Friday.
By Larry C. Paxton
US Stock Market Indices Summary |
|||
Week 29 of 2021 Ending 07/23/21 |
|||
| DJIA | NASDAQ | S&P500 | |
| Previous Year Close(12/31/20) | 30,606.48 | 12,888.28 | 3,756.07 |
| Previous Quarter Close(06/30/21 | 34,502.51 | 14,503.95 | 4,297.50 |
| Previous Month Close(06/30/21) | 34,502.51 | 14,503.95 | 4,297.50 |
| Record Close Date | 07/23/21 | 07/23/21 | 07/23/21 |
| Record Close | 35,061.55 | 14,836.99 | 4,411.79 |
| Week 28 Close | 34,687.85 | 14,427.24 | 4,327.16 |
| Week 29-Monday | 33,962.04 | 14,274.98 | 4,258.49 |
| Week 29-Tuesday | 34,511.99 | 14,498.88 | 4,323.06 |
| Week 29-Wednesday | 34,798.00 | 14,631.95 | 4,358.69 |
| Week 29-Thursday | 34,823.35 | 14,684.60 | 4,367.48 |
| Week 29-Friday & Close | 35,061.55 | 14,836.99 | 4,411.79 |
| Percent Change-Week | 1.08% | 2.84% | 1.96% |
| Percent Change-Month-to-Date | 1.62% | 2.30% | 2.66% |
| Percent Change-Quarter-to-Date | 1.62% | 2.30% | 2.66% |
| Percent Change-Year-to-Date | 14.56% | 15.12% | 17.46% |
| Percent Change-Record | 0.00% | 0.00% | 0.00% |
The Stock Market Bull and Bear Tallies YTD |
|||
| Week 29 Winner and Tally | Bull | 3-0 | Win |
| June Winner and Tally | Bull | 2-1 | Mixed Win |
| Weeks | Months | YTD | |
| The Stock Market Bull | 14 | 3 | Winning |
| The Stock Market Bear | 9 | 0 | Losing |
| Mixed Result | 6 | 3 | |
| Totals | 29 | 6 | |
The US Stock Market Week 29 Summary:
In a reverse from Week 28 The Stock Market Bull was nowhere to be found in the pasture on Monday. The Stock Market Bear pounced on the opportunity and took a big bite out of all 3 major US stock indices. When The Stock Market Bull returned and saw what had happened, he aggressively took action by goring The Stock Market Bear each day thereafter, had recovered all losses by Thursday, and finished Week 29 with the 3-0 trifecta of record closes.
Summary News Items for Week 29:
- The Natl Assn of Home Builders/Wells Fargo Preliminary July 2021 Housing Market Index is at 80, June was at 81, May 83, July 2020 72, concerns remain for availability of materials and labor.
- The US Dept of Commerce/HUD says June 2021 Building Permits Issued Annual Rate is at 1,598,000, May was at 1,683,000, April 1,733,000, June 2020 1,296,000.
- The US Reserve Bank of Philadelphia says the US 3rd District Nonmanufacturing General Activity Index for July 2021 is at +53.1, June was at +59.6, May +36.9, July 2020 +0.7.
- The Natl Assn of Realtors reports that the US Existing Home Sales Annual Rate for July 2021(Preliminary) is at 5,860,000 units, June was at 5,780,000, May 5,850,000, June 2020 4,770,000.
- The US Federal Reserve Bank of Chicago calculates that the US National Activity Index for June 2021(Preliminary) is at +0.09, May was at +0.29, April -0.09, June 2020 +5.88.
- The Conference Board Leading Economic Index(2016=100) for June 2021 is at 115.1, May was at 114.4, April 113.2, June 2020 103.1.
- The US Dept of Labor says the US Weekly Initial Jobless Claims jump 51,000 to 419,000 in mid-July.
- The COVID-19 virus Delta variant rate continues to rise worldwide, especially among people who have not been vaccinated.
- The OPEC+ nations finally agree on an increase in oil production.
- In space tourism Amazon founder Jeff Bezos, his brother, an 82 year old female former US astronaut candidate, and a Danish 18 year old young man have a successful 10+ minute journey into space.
- The Milwaukee Bucks overcome a 2-0 games deficit against the Phoenix Suns to win the Natl Basketball Assn championship series 4-2, its first since winning 50 years ago.
- In the US Senate Republicans block a vote on an infrastructure plan test vote, insist on more details.
- US States announce a $26 billion settlement with drug distributors to resolve opioid lawsuits.
More Resources:
Check out the BLOG page for the previous RECAPS and SNAPSHOTS posts.
Click here to follow The PBR1000 on Twitter!
PBRMarketTools Info:
If you are not a current The PBR1000 or The PBR25 Subscriber go to the Subscribe page for more information and to get our latest research and monthly snapshots.
Please use the Contact Us page if you are not on our email list or have questions about The PBR1000, The PBR25 Top Buy Stocks, The PBRMarketTools US Economic Indices or the Customization Services we provide. We appreciate your comments and suggestions!
The PBR1000:
PBRMarketTools.com provides The PBR1000, a compilation of 1,000 of the largest publicly held companies with primary operations in the US. These companies generate $15 trillion in annual revenues, more than all other US companies combined. The PBR1000 Monthly Snapshots provides these 1,000 companies in Excel format, includes 15 worksheets with 28 rankings, over 200 data/information points, hotlinks to key data, and important news items per company.
Empowering Astute Business Leaders and Shrewd Investors
Through The PBR1000 Analytics!
Disclaimers: The research PBRMarketTools.com provides is compiled from a variety of publicly available resources. As such, PBRMarketTools.com is not responsible for the data itself. Any liability for the representations or decisions based on the data is solely the responsibility of the authorized user, not PBRMarketTools.com, its employees or affiliates. PBRMarketTools.com is an independent business intelligence service providing news, data, and analysis. We provide information only and it should not be regarded as recommendations or advice. PBRMarketTools.com is not a financial advisory or stock brokerage firm and has no affiliation with such organizations.
This business intelligence report is provided by: 
(Article image is courtesy of FreeDigitalPhotos.net, ddpavumba.)
Copyright © 2021 by Pax Business Resources, LLC, All Rights Reserved.
