FYI: This past week represented so many of the weeks of 2017; slow action with a bit of an upward skew. Monday, Tuesday, Thursday were sleeping – and minor gains Wednesday were offset by small losses Friday; in the end we had small gains for the week! Rinse, wash, repeat. For the week the S&P 500 added 0.5% and the NASDAQ 1.2%. Sixty eight S&P 500 companies reported earnings this past week so that was the focus.
Fun fact: Until Friday’s loss, the NASDAQ had a 10 day string of gains, matching its longest streak since Feb. 24, 2015.
Regards,
Ted
https://www.stocktrader.com/2017/07/23/weekly-market-recap-jul-23-2017/
