All three major indexes posted solid weekly gains as each built on rallies from previous noted, well-defined support.
The market rallied in large part on hopes for new U.S.-China trade talks as trade continues to be the biggest concern among investors. Late this past week, news broke that President Trump is expected to impose more tariffs of $200 billion on Chinese goods, and China is, of course, mulling a retaliation of its own.
In economic data, U.S. retailers posted the weakest sales in August in six months. Meanwhile, the import-price index sank -0.6% in August while industrial production rose +0.4%, representing a third monthly increase.
I ran my regular stock screens and added 4 new stock to our watch list this week.