The Week 31 of 2021 US Stock Market  News Recap

The Week 31 of 2021 US Stock Market  News Recap

stock market stocks investing bull bear

Week 31 seemed to be all about the latest jobs reports. At the end of the week The Stock Market Bull got the best report and wins 3-0.

By Larry C. Paxton

US Stock Market Indices Summary

Week 31 of 2021 Ending 08/06/21

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(7/30/21) 34,935.47 14,672.68 4,395.26
Record Close Date 08/06/21 08/05/21 08/06/21
Record Close 35,208.51 14,895.12 4,436.52
Week 30-Friday & Close 34,935.47 14,672.68 4,395.26
Week 31-Monday 34,838.16 14,681.07 4,387.16
Week 31-Tuesday 35,116.40 14,761.29 4,423.15
Week 31-Wednesday 34,792.67 14,780.53 4,402.66
Week 31-Thursday 35,064.25 14,895.12 4,429.10
Week 31-Friday & Close 35,208.51 14,835.76 4,436.52
Percent Change-Week 0.78% 1.11% 0.94%
Percent Change-Month-to-Date 0.78% 1.11% 0.94%
Percent Change-Quarter-to-Date 2.05% 2.29% 3.23%
Percent Change-Year-to-Date 15.04% 15.11% 18.12%
Percent Change-Record 0.00% -0.40% 0.00%

The Stock Market Bull and Bear Tallies YTD

Week 31 Winner and Tally  Bull 3-0 Win
July Winner and Tally Bull 3-0 Win
Weeks Months YTD
The Stock Market Bull 15 4 Winning
The Stock Market Bear 10 0 Losing
Mixed Result 6 3
  Totals 31 7

The US Stock Market Week 31 Summary:

Week 31 started out with The Stock Market Bear grabbing a quick 2-1 mixed result on Monday. The Stock Market Bull replied on Tuesday by taking all 3 major US stock indices. The Stock Market Bear accepted the challenge and with help from the much lower than expected ADP jobs market report took a nice chunk out of the DJIA and S&P500 on Wednesday. This infuriated The Stock Market Bull who charged out on the field Thursday, won all 3 US major stock indices, establishing new record closes on the NASDAQ and S&P500. Friday was a mixed 2-1 result for The Stock Market Bull, a response to the much better US Dept of Labor report on jobs. For Week 31 there were 10 out of 15 trading sessions that were gains. There were also 5 record closes. The Stock Market Bull gets a 3-0 victory in Week 31.

Summary News Items for Week 31:

US Economy

  • Friday, August 6, 2021
  • The US Dept of Labor says the July 2021 Civilian Noninstitutional Population is at 261,469,000, Available Labor Force is at 161,347,000, Employed is at 152,645,000, Unemployed is at 8,702,000, for a July 2021 Unemployment Rate of 5.4%, June was at 5.9%, May 5.8%, July 2020 10.2%.
  • The US Federal Reserve says the Preliminary June 2021 US Consumer Credit Outstanding-Revolving is at $992.2 billion, Non-Revolving $3,326.4 billion, making June 2021 US Total Consumer Credit Outstanding at $4,318.6 billion, May was at $4,281.0 billion, April $4,244.3 billion, June 2020 $4,145.4 billion.
  • The US Dept of Commerce/Census says the Preliminary June 2021 US Wholesale Sales-Durables is at $285.0 billion, Non-Durables $303.2 billion, making June 2021 US Total Wholesale Sales at $588.2 billion, May was at $576.5 billion, April $572.0 billion, June 2020 $461.1 billion.
  • Thursday, August 5, 2021
  • The US Dept of Commerce/Census reports that the Preliminary June 2021 US Exports-Goods is at $145.9 billion, Services $61.8 billion, making June 2021 Total US Exports at $207.7 billion; June 2021 US Imports-Goods is at $239.1 billion, Services $44.3 billion, making June 2021 Total US Imports at $283.4 billion, making the June 2021 Total Trade Deficit at a record $75.7 billion, May Deficit was at $71.1 billion, April Deficit $69.1 billion, June 2020 Deficit $50.7 billion; June 2021 US Total Trade Deficit YTD is at $428.7 billion, June 2020 US Total Trade Deficit YTD was at $292.9 billion.
  • Wednesday, August 4, 2021
  • ADP says the Preliminary July 2021 US Private Sector Jobs Change-Manufacturing is at +12,000, Services +318,000, Total +330,000, June was at +680,000, May +882,000, July 2020 +232,000.
  • The Institute for Supply Management July 2021 Services PMI(>50%=economy growing) is at 64.1%, June was at 60.1%, May 64.0%, July 2020 58.1%. “The July reading indicates the 14th straight month of growth for the services sector, which has expanded for all but two of the last 138 months.”
  • The IHS Markit July 2021 Composite PMI Output Index is at 59.9, June was at 63.7, May 68.7, July 2020 50.3. “The pace of US economic growth cooled in July, according to the final PMI data, but remained impressively strong to suggest that GDP will rise robustly again in the third quarter…”
  • Tuesday, August 3, 2021
  • The US Dept of Commerce/Census says the Preliminary June 2021 US Manufacturers New Orders-Durables is at $257.9 billion, Non-Durables $248.1 billion, making June 2021 US Manufacturers New Orders Total at $498.9 billion, May was at $491.4 billion, April $487.2 billion, June 2020 $432.2 billion.
  • The PurdueU/CME Group July 2021 Ag Economy Barometer Composite Index is at 134, June was at 137, May 158, July 2020 118, July 2019 153. “Producers remain concerned that farm input prices are likely to rise much more sharply in the coming year than in the recent past and nearly half of corn/soybean farmers expect farmland cash rental rates to rise, potentially squeezing profit margins.”
  • Monday, August 2, 2021
  • The US Dept of Commerce/Census says the Preliminary June 2021 US Construction Spending Annual Rate-Residential is at $772.3 billion, Non-Residential $779.9, for June 2021 US Total Construction Spending of $1,552.2 billion, May 2021 was at $1,551.2 billion, April 2021 $1,553.5 billion, June 2020 $1,435.0 billion.
  • The ISM July 2021 US Manufacturing PMI Index(>50% Economy expanding) is at 59.5%, June 2021 was at 60.6%, May 2021 61.2%, July 2020 54.2%. “… Optimistic panel sentiment remained strong, with 13 positive comments for every cautious comment…”
  • IHS Markit says the July 2021 US Manufacturing PMI Index is at 63.4, June 2021 was at 62.1, April 2021 60.5, July 2020 50.9. ““The result is perhaps the strongest sellers’ market that we’ve seen since the survey began in 2007, with suppliers hiking
    prices for inputs into factories at the steepest rate yet recorded and manufacturers able to raise their selling prices to an unprecedented extent, as both suppliers and producers often encounter little price resistance from customers.”

US Government/Other

  • The Delta variant of the COVID-19 virus cases continue to increase, affecting mostly those who have not had vaccinations.
  • US President Biden signs an Executive Order allowing Hong Kong citizens to remain in the US for up to 18 months, action angers China leadership.
  • Corporate earnings were generally better than expected.
  • The Biden administration extends the student loan repayment pause through January 31, 2022.
  • The US Senate infrastructure bill is delayed, need to iron out remaining differences.

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 PBR1000The PBR25 Top Buy StocksThe 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.