Financial Review

Melting

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-11-12-2018.mp3Podcast: Play in new window | Download (Duration: 13:14 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS…Another crash day. Oil down 11 straight.  Goldman’s 1MDB problem. Apple sales slowdown. GE under $8. Singles Day. Merger Monday. VW will go electric and it will be cheaper than Tesla. Bad Paris vacation. Reservists on the border. Still counting votes. Financial Review by Sinclair Noe for 11-12-2018

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Financial Review

Veterans Day 2014

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-11-11-2014.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review DOW + 1 = 17,614 SPX + 1 = 2039 NAS + 8 = 4660 10 YR YLD = 2.36% OIL + .12 = 77.52 GOLD + 12.60 = 1165.20 SILV + .14 = 15.85 The Dow and the S&P 500 hit intraday records today, then dipped into negative territory for most of the session, and then in the final minutes managed to eke out gains, good enough for another record high close. The bond market was sort of closed in observation of Veterans’ Day. The US Treasury observes the holiday, and since much of the bond market deals with Treasuries, most bond traders take the day off. Stock traders just keep trading. The stock market used to take a 2-minute pause to recognize veterans, but that ended a few years ago. Wall Street just doesn’t seem to have much respect. Back in the early 70’s, the politicians tried to change Veterans’ Day to October so it could be a Monday holiday, but that didn’t last long. Veterans’ Day of course sprang from Armistice Day, and the end of World War I, on the 11th hour of the 11th Day of the 11th month, the great guns went silent, and the war to end all wars was ended. A bunch of companies are offering deals for veterans. There are a bunch of restaurants offering a free meal or lunch or appetizers. Here’s …

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