Financial Review

Don’t Blink

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-12-28-2018.mp3Podcast: Play in new window | Download (Duration: 13:10 — 7.5MB)Subscribe: Apple Podcasts | Android | RSS…Stocks stage a last hour rally. Why have stocks been dropping in a strong economy? What was behind today’s rally into the close. Consumer confidence slips. Techs mixed. Financial Review by Sinclair Noe for 12-27-2018

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Financial Review

An Ugly Week

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-03-23-2018.mp3Podcast: Play in new window | Download (Duration: 13:00 — 7.4MB)Subscribe: Apple Podcasts | Android | RSS…Wall Street tumbles for the week, faces key levels of support. Trade war worries. Budget bill signed. New home sales drop. Dropbox IPO jumps. Facebook Sued. Bank of America fined. Financial Review by Sinclair Noe for 03-23-2018

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Financial Review

Been to the Mountaintop

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-01-15-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe for 01-15-2016 DOW – 390 = 15,988 SPX – 41 = 1880 NAS – 126 = 4488 10 Y – .07 = 2.03% OIL – 1.52 = 29.68 GOLD + 10.30 = 1089.80   Let’s start with the good news: US stock and bond markets are closed Monday for the Martin Luther King Jr. holiday.   For the day the Dow dropped 2.4%, the S&P 500 dropped 2.1%, and the Nasdaq lost 2.75%. And even though it was a volatile week, almost all of the damage for the week came in today’s session. The Dow Industrials did take out the September lows but not the August lows of 15,370. The Nasdaq composite knocked out the closing low from August but not the intra-day August low. The S&P 500 hit an intra-day low of 1857, dropping below the August 24th low of 1867. So we should wait for confirmation of a close below 1867 – at which point we have wiped out any reasonable support. The Russell 2000 small-cap index dropped as much as 3.5 percent to its lowest level since July 2013. The major S&P sectors all ended sharply lower. The energy sector dropped 2.87 percent as oil prices fell but the tech sector was the big loser, down 3.1%, with Intel down 9% following a weak earnings report after the close yesterday.   It’s a sea of red all …

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Uncategorized

Tuesday, February 04, 2014 – Adjust Accordingly

Adjust Accordingly by Sinclair Noe DOW + 72 = 15,445SPX + 13 = 1755NAS + 34 = 403110 YR YLD + .04 = 2.62%OIL + 1.16 = 97.59 GOLD – 2.70 = 1255.40SILV + .17 = 19.61 Here come the bears; they tend to come out of the woods when the Dow has a day like yesterday, and they tend to growl. The latest noise is in the form of a couple of projections and predictions that the market will drop 40%. Perhaps we’re just going through a period of pricing discovery as the markets digest information. Maybe this will pass or maybe not. The typical bear market lasts 2 to 4 years and the average drop is about 40%, so it isn’t unreasonable to guess. And bear markets come around with regularity. The median duration for a bull market is 50 months and the average duration for a bull market is 67 months. The current bull market dates back to March 2009, which is right at 58 months. The idea of a bear coming along right about now should not shock anybody. We’re not there yet; a bear market would be a 20% correction; so we’re not there yet. Of course you might not want to just sit around and wait to get mauled by a bear. So, let’s consider where we are right now. Here’s the rundown: China’s GDP is slowing and their manufacturing sector is contracting and their shadow banking system may be harboring a few entities …

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