Financial Review

Black Thursday

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-02-08-2018.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS…. Another crash, Dow down 1,032. This is turning into a real problem. Markets are panicky. Fear over inflation and higher rates, and maybe a currency war with China. Also, waiting on a budget deal. Meanwhile, we found a few (long) winners. … Financial Review by Sinclair Noe for 02-08-2018

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Financial Review

Weird Wednesday

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-02-07-2018.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS…More wild swings, Dow nosedives into the close. Senate has a 2-year budget deal, the House is next. Conventional wisdom and the market crash. Oil dips on production boom. SpaceX launch, Tesla loss. Consumer borrowing surge. Financial Review by Sinclair Noe for 02-07-2018

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Financial Review

Black Monday 2018

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-02-05-2018.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS….Stocks crash. Worst point decline ever. 2018 gains wiped out. Financial Review by Sinclair Noe for 02-05-2018   DOW – 1,175 = 24,345

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Financial Review

Stocks Crater on January Jobs Report

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-02-02-2018.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS…Stocks slammed. 200,000 new jobs in Jan. 4.1% unemployment rate. Treasuries pop on signs of wage growth. Financial Review by Sinclair Noe for 02-02-2018

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Financial Review

Black Monday + 30

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-10-19-2017.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS…..Dow and S&P hit record high closes. Jay Powell possible Fed head. ACA fix maybe. Amazon’s HQ2 and slobbering cities. The lies of fossil fuels. Black Monday + 30 years. Financial Review by Sinclair Noe for 10-19-2017

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Financial Review

The Ghosts of October

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-10-28-2014.mp3Podcast: Play in new window | Download (Duration: 13:15 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review DOW+ 187 = 17,005 SPX + 23 = 1985 NAS + 78 = 4564 10 YR YLD + .03 = 2.29% OIL + .38 = 81.38 GOLD + 2.90 = 1229.00 SILV + .09 = 17.31 Today, we’ll start with a few earnings reports then move to economic news. After the close Facebook reported a profit of $806 million, or 30 cents a share, up from $425 million, or 17 cents a share, a year earlier. Excluding share-based compensation and other items, earnings rose to 43 cents a share from 27 cents. Revenue increased 59% to $3.2 billion. Earnings were up about 90%; revenue up about 60%. Shares were just a little lower in after-hours trade. Dupont reported operating earnings per share of $0.54 were up 20 percent from $0.45 per share last year, in-line with estimates. Pfizer reports a third-quarter profit of $2.67 billion, or 42 cents a share, up from $2.59 billion, or 39 cents a share. Revenue slipped 2% to $12.36 billion. Freeport-McMoRan reported earnings of 53 cents per share for third-quarter 2014, reflecting a decline of 32.9% from the year-ago earnings of 79 cents. Profit declined 32.8% year over year to $552 million, hurt by lower pricing of copper and gold. The S&P/Case-Shiller index of property values increased 5.6 percent from August 2013. Prices are still going up, but at a slower pace. Home prices in the 20-city …

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Uncategorized

Friday, October 19. 2012 – Sometimes I Forget What I’m Supposed To Remember

Sometimes I Forget What I’m Supposed To Remember by Sinclair Noe DOW – 205 = 13,343SPX – 24 = 1433NAS – 67 = 300510 YR YLD -.06 = 1.77% OIL – 1.96 = 90.14GOLD – 21.10 = 1721.50SILV – .75 = 32.17PLAT – 29.00 = 1625.00 Today is the 25th anniversary of Black Monday, and the markets paid homage with a 205 point drop, nothing close to the 508 point drop in 1987. On a percentage basis, 1987 was 16 times worse than today. The Crash of 1987 would be about a 3,100 point drop in today’s markets. That would get your attention. Still, the more things change the more they stay the same. Back in 1987, the Crash was blamed, at least in part, on program trading, based on portfolio insurance and a process called dynamic hedging. I remember computers back then that weren’t fast enough to play Pong, much less cause a crash. Maybe the Wall Street crowd had really fast floppies. Today we have high frequency trading or HFT, and they can whip out trades in milliseconds; and if you’re looking for a market crash in the future, don’t be surprised if it comes from HFT. The whole idea of HFT is legalized theft and it doesn’t add to market liquidity, stability or efficiency. They are not market-makers. They are market-manipulators. They have no obligation to make a market in any stock. The never have to post a market or ever honor the bids and offers they …

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Uncategorized

Thursday, October 18, 2012 – The Only Day Like it Ever

The Only Day Like it Ever by Sinclair Noe DOW – 8 = 13,548 SPX – 3 = 1457NAS – 31 = 307210 YR YLD +.01 = 1.83%OIL un = 92.09GOLD – 8.30 = 1742.60SILV – .38 = 32.92PLAT – 19.00 = 1651.00 Do you remember where you were 25 years ago? It was a Sunday; 1987. The news of the day was that Nancy Reagan had been hospitalized with cancer; there was a threat of war with Iran and within 24 hours the US was shelling Iranian oil platforms; there were concerns about Germany’s currency; the United States, wanting to prop up the dollar and restrict inflation, tightened policy faster than the Europeans. US pressure on Germany to change its monetary policy was one of the factors that unnerved investors.The stock market had a wave of steady selling on Friday and the Dow dropped 108 points. Most people really weren’t aware; this was before we all had computers and smart phones and tablets. Maybe you read about the Friday sell-off in the Sunday newspaper. Maybe you thought about selling a little bit of your portfolio, but the truth is that it was already too late. Halfway around the world, the dollar-backed Hong Kong markets were chopped down 10%. And then the crash spread. European bond markets collapsed, which caused interest-sensitive savings and loans and money center banks to plunge. Monday morning, October 19, 1987 the crash washed across lower Manhattan. In a flash, the Dow crumbled and by the …

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