The Week 51 of 2021 US Stock Market News Recap

By Larry C. Paxton

The US Stock Market Week 51 Summary:

Motivated by his strong finish win last week The Stock Market Bear again took to the pasture and successfully extracted some more flesh on Monday with a resounding 3-0 win. But The Stock Market Bull had had enough. On Tuesday he more than made up the difference, and continued to dominate for the rest of the short Week 51 trading week, with the successive days not being quite as large as the previous day. But the return was dramatic, and even resulted in a new record close for the S&P500 on Thursday. Friday was Christmas Eve, the US stock exchanges were closed, and it became a time to rest and relax before the final week of 2021. So even with the Omnicron COVID-19 variant becoming the dominant strain spreading rapidly around the world, economic uncertainties, and another upcoming contentious mid-term election year, The Stock Market Bull has a very solid lead for the year going into Week 52.

 

US Stock Market Indices Summary
Week 51 of 2021 Ending 12/24/21
	DJIA	NASDAQ	S&P500
Previous Year Close(12/31/20)	30,606.48	12,888.28	3,756.07
Previous Quarter Close(09/30/21	33,843.92	14,448.58	4,307.54
Previous Month Close(11/30/21)	34,483.72	15,537.69	4,567.00
Record Close Date	11/08/21	11/19/21	12/24/21
Record Close	36,432.22	16,057.44	4,725.79
Week 50-Friday & Close(12/17/21)	35,365.44	15,169.68	4,620.64
Week 51-Monday(12/20/21)	34,932.16	14,980.94	4,568.02
Day Change	(433.28)	(188.74)	(52.62)
Day % Change	-1.23%	-1.24%	-1.14%
Week 51-Tuesday(12/21/21)	35,492.70	15,341.09	4,649.23
Day Change	560.54	360.15	81.21
Day % Change	1.60%	2.40%	1.78%
Week 51-Wednesday(12/22/21)	35,753.89	15,521.89	4,696.56
Day Change	261.19	180.80	47.33
Day % Change	0.74%	1.18%	1.02%
Week 51-Thursday(12/23/21)	35,950.56	15,653.37	4,725.79
Day Change	196.67	131.48	29.23
Day % Change	0.55%	0.85%	0.62%
Week 51-Friday & Close(12/24/21, Holiday)	35,950.56	15,653.37	4,725.79
Day Change	0.00	0.00	0.00
Day % Change	0.00%	0.00%	0.00%
Change-Week	585.12	483.69	105.15
% Change-Week	1.65%	3.19%	2.28%
Change-Month-to-Date	1,466.84	115.68	158.79
% Change-Month-to-Date	4.25%	0.74%	3.48%
Change-Quarter-to-Date	2,106.64	1,204.79	418.25
% Change-Quarter-to-Date	6.22%	8.34%	9.71%
Change-Year-to-Date	5,344.08	2,765.09	969.72
% Change-Year-to-Date	17.46%	21.45%	25.82%
Change-Record	(481.66)	(404.07)	0.00
% Change-Record	-1.32%	-2.52%	0.00%
The Stock Market Bull and Bear Tallies 2021 YTD
Week 51 Winner and Tally	Bull	3-0	Win
November Winner and Tally	Bear	2-1	Mixed Win
	Weeks	Months	YTD
The Stock Market Bull	24	6	Winning
The Stock Market Bear	18	1	Losing
Mixed Result	9	4
Totals	51	11

Summary News Items for Week 51:

US Economic News

• Friday, December 24, 2021

• ***Christmas Eve.
  ***US Stock Exchanges Closed.
  ***No economic news releases.

• Thursday, December 23, 2021

• The US Dept of Commerce says the Preliminary November 2021 US Personal Income Annual Rate is at $20.868 trillion, October was at $20.778, September $20.685, November 2020 $19.435, November 2019 $18.788.
• The US Dept of Commerce/HUD says the Preliminary November 2021 US New Family Homes Sold Annual Rate is at 744,000, October was at 662,000, September 723,000, November 2020 865,000 November 2019 696,000; the November 2021 US New Family Homes Sold Median Price is at $416,900, October was at $408,700, September $405,300, November 2020 $350,800, November 2019 $328,000.
• The U of Michigan Final December 2021 US Consumer Sentiment Index is at 70.6, November was at 67.4, October 71.7, December 2020 80.7, December 2019 99.3. “… The uptick was primarily due to significant gains among households with incomes in the bottom third of the distribution. Indeed, the bottom third expected their incomes to rise during the year ahead by 2.8%, up from 1.8% last December, and the highest level since 2.9% was recorded in 1999…”

• Wednesday, December 22, 2021

• The US Dept of Commerce/BEA says the 3Q21 3rd Estimate US Current Gross Domestic Product Annual Growth Rate is at +2.3%, $23.202 trillion, 2Q21 was at +6.7%, 1Q21 +6.3%, 3Q20 +33.8%, 3Q19 +2.8%.
• The US Federal Reserve Bank of Chicago says the Preliminary November 2021 US National Activity Index is at +0.37, October was at +0.75, September -0.01, November 2020 +0.26, November 2019 +0.29. “Index suggests economic growth moderated in November.”
• The Natl Assn of Realtors says the Preliminary November 2021 US Existing Home Sales Annual Rate is at 6,460,000 units, October was at 6,340,000, September 6,290,000, November 2020 6,590,000, November 2019 5,320,000; the November 2021 Median Home Sales Price is at $353,900, October was also at $353,900, September $352,800, November 2020 $310,800, November 2019 $271,300. “Determined buyers were able to land housing before mortgage rates rise further in the coming months… Locking in a constant and firm mortgage payment motivated many consumers who grew weary of escalating rents over the last year….”
• The Conference Board says the Preliminary December 2021 US Consumer Confidence Index(1985=100) is at 115.8, November was at 111.9. “The Present Situation Index dipped slightly but remains very high, suggesting the economy has maintained its momentum in the final month of 2021. Expectations about short-term growth prospects improved, setting the stage for continued growth in early 2022. The proportion of consumers planning to purchase homes, automobiles, major appliances, and vacations over the next six months all increased… Meanwhile, concerns about inflation declined after hitting a 13-year high last month as did concerns about COVID-19, despite reports of continued price increases and the emergence of the Omicron variant. Looking ahead to 2022, both confidence and consumer spending will continue to face headwinds from rising prices and an expected winter surge of the pandemic.”

• Tuesday, December 21, 2021

• The US Dept of Commerce/BEA says the Preliminary 3Q21 US Exports of Goods, Services, & Income Receipts is at $955.9 billion, US Imports of Goods, Services & Income Payments is at $1,170.7 billion, making the 3Q21 US Trade Balance Deficit at $214.8 billion, 2Q21 was at $198.3 billion, 1Q21 $189.4 billion, 3Q20 $172.4 billion, 3Q19 $121.6 billion.
• The US Federal Reserve Bank of Philadelphia says the December 2021 3rd District Non-Manufacturing General Activity Index is at +12.5, November was at +46.1, October +33.4, October 2020 +16.0, October 2019 +12.2. “Overall, the respondents continued to expect improvement in conditions over the next six months, but both future activity indexes fell.”

• Monday, December 20, 2021

• The Conference Board says the Preliminary November 2021 US Leading Economic Index(2016=100) is at 119.9, October was at 118.8, September 117.9, November 2020 109.4, November 2019 111.6. ““The U.S. LEI rose sharply again in November, suggesting the current economic expansion will continue into the first half of 2022, … Inflation and continuing supply chain disruptions, as well as a resurgence of COVID-19, pose risks to GDP growth in 2022. Still, the economic impact of these risks may be contained. The Conference Board forecasts real GDP growth to strengthen in Q4 2021 to about 6.5 percent (annualized rate), before moderating to a still healthy rate of 2.2 percent in Q1 2022.”

US Government/Other News

• US President Biden’s centerpiece $2.4 trillion “Build Back Better Act” legislation is stalled in the US Senate, primarily because one Senate Democrat, Joe Manchin, has said he cannot vote for the bill in good conscience.  The next actions will probably include breaking up the bill into smaller separate parts.
• The fast spreading COVID-19 Omnicron virus variant has become the dominant strain throughout the world and US.
• The US Federal Government has authorized the purchase and distribution of 500 million COVID-19 tests.
• It was an explosive year for Initial Public Offerings, with a record over 1,000 during 2021.
• US President Biden extends the pause on student loan payments until May 1, 2022.
• The Iran nuclear deal negotiations are to resume next week in Vienna.

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.

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.)

 

Empowering Astute Business Leaders and Shrewd Investors
Through The PBR1000 Analytics!

Copyright © 2021 by Pax Business Resources, LLC, All Rights Reserved.