Financial Review

Black Cyber-ish

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-11-27-2017.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS….Black November. New home sales at 10-year high. Congress looks to confirm Powell. Big vote this week on tax legislation. Who is in charge of CFPB? Meredith buys Time. Maryland assault weapons ban stands. Bitcoin gets bubbly.

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Financial Review

Water Wars

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-11-29-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSS…..3Q GDP strong. Home sales improve. Confidence high. Cyber sales sizzle. Oil prices bet against OPEC. You can’t have Brexit cake and eat it. Allstate-Squaretrade. Zika in Texas. McFly sneakers. Lake Mead is shrinking and a cross-border water-sharing pact might dry up and blow away. Financial Review by Sinclair Noe for 11-29-2016

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Financial Review

See Opportunities

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-12-01-2015.mp3Podcast: Play in new window | Download (Duration: 13:17 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe for 12-01-2015 DOW + 168 = 17,888 SPX + 22 = 2102 NAS + 47 = 5156 10 YR YLD – .07 = 2.15% OIL un 41.65 GOLD + 4.30 = 1069.80 SILV + .10 = 14.27   More than 180 nations are gathered in Paris to discuss a far-reaching agreement to reduce global carbon emissions. The emerging deal would require wealthy countries, including the U.S., to cut their own pollution while helping poorer countries shift from dependency on fossil fuels and mitigate the effects of climate change. President Obama held a news conference today in Paris at the U.N. global climate summit; Obama said the world needs an enduring framework for addressing climate change and that he would seek an agreement that would boost economies as well as help the planet’s environment. President Obama said the U.S. will meet commitments to help finance developing nations’ efforts to reduce carbon pollution, challenging congressional Republicans who have fought most of his environmental policies.   Some people look at the call for reducing carbon emissions and only see expenses, while others see opportunities. The number of annual patents for green energy has increased fivefold since 2002 and this year is on track to break another record after eight consecutive increases. Most patents in 2015 have been for solar technologies, 586 granted in the first half of the year; followed by fuel cells, electric vehicles, …

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Financial Review

A Busy Economic Calendar

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-11-30-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe for 11-30-2015 DOW – 78 = 17,719 SPX – 9 = 2080 NAS – 18 = 5108 10 YR YLD – .01 = 2.22% OIL + .02 = 41.73 GOLD + 7.90 = 1065.50 SILV – .01 = 14.16   For the month, the Dow was up 0.3%, S&P 500 gained 0.1% and the Nasdaq gained 1.1%. The yuan rallied after the IMF said it will be added to its basket of reserve currencies. The euro capped its worst month versus the dollar since March. The yield gap between German and American bonds widened to the most in nine years, while emerging-market stocks posted their biggest monthly slump since August. This week’s economic calendar is packed. Today the National Association of Realtors reported pending home sales rose 0.2% in October and its index of contract signings is up 3.9% compared to a year ago. NAR’s chief economist, Lawrence Yun, said supply isn’t keeping up with strong demand. You know the old supply-demand formula, and tight supply points to higher prices.   Data due tomorrow includes US auto sales, ISM Manufacturing, PMI manufacturing, and construction spending. Look for auto sales to come in at an annualized rate of 18.0 million units, with a particular emphasis on VW sales following the emissions cheating scandal. The Markit PMI is expected to drop slightly from 54.1 in October to about 52.5 in November. The ISM manufacturing …

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Financial Review

Inversion Dysfunction

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-11-23-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe for 11-23-2015 DOW – 31 = 17,792 SPX – 2 = 2086 NAS – 2 = 5102 10 YR YLD – .01 = 2.25% OIL + .09 = 41.99 GOLD – 8.50 = 1069.70 SILV – .04 = 14.25   Belgian authorities have extended a lockdown of Brussels for a fourth straight day after police raids searching for those behind last week’s Paris attacks failed to find a prime suspect. The Belgians say they have credible threats of imminent attacks against public gathering places like shopping malls and public transportation. The lockdown will see Brussels’ subway and many shops closed, as well as schools, offices, and mosques; although it is doubtful the terrorists are in mosques.   France’s economy slowed following the Nov. 13 terror attacks in Paris. However, that slowdown in the eurozone’s second-largest member wasn’t sharp enough to slow the Eurozone as a whole. Economic activity in the eurozone grew at the fastest pace since May 2011 in November, giving some optimism over the health of the region’s economy. Markit’s flash composite Purchasing Managers’ Index climbed to 54.4 from 53.9 last month, as a recovery continued to be led by the service sector. Growth meanwhile accelerated to a three-month high in Germany, where Markit’s flash composite PMI rose to 54.9 from 54.2, fueled by a big improvement in new business.   A reading of manufacturing sentiment in the US …

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Financial Review

Too Much Pie

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-12-01-2014.mp3Podcast: Play in new window | Download (Duration: 13:17 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Reivew by Sinclair Noe DOW – 51 = 17,776 SPX – 14 = 2053 NAS -64 = 4727 10 YR YLD + .02 = 2.22% OIL + 3.22 = 69.37 GOLD + 44.30 = 1213.80 SILV + .88 = 16.56 Last week I said that you can never eat too much pie. I would like to amend that statement. That was a long weekend. While we were gone, the Dow hit another record hit on Friday, the 31st of the year. Dow stocks are still up about 7% for 2014; with all these record high closes, you might think it would be more, and you might think you could just throw a dart at any of the Dow 30 stocks and hit a winner. Unfortunately, not all Dow stocks were able to revel in the year’s rallies. In fact, nearly one-third of the market’s companies had negative returns this year. Big names that are down, including: Boeing – down about 7% despite fairly strong sales of airplanes, IBM – down 13% as they try to figure out what their business is, General Electric – is off about 6%, United Technologies – down about 3%, and Chevron – down about 6% for the year as oil prices have been sliding. The oil companies are about the only ones not happy with lower oil prices. On Thursday, as we were enjoying turkey and way too …

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Uncategorized

Monday, December 02, 2012 – The Home Stretch

The Home Stretch By Sinclair Noe DOW – 77 = 16,008SPX – 4 = 1800NAS – 14 = 404510 YR YLD + .05 = 2.79%OIL + 1.19 = 93.91GOLD – 32.80 = 1220.30SILV – .73 = 19.31 Stocks were down today. There are many possible explanations, but the one that makes sense to me is that we just couldn’t have a record high celebration with milk and cookies; not after all the pie I ate over the holiday. There are other explanations as well. Anyway, we survived Black Friday, mainly by sitting it out. Black Friday comes with its own unofficial economic data point as the most important shopping day of the year. And we always hear the erroneous, or at least mildly misleading caveat that consumer spending accounts for nearly 70% of gross domestic product, making this large shopping day extra important. Thanksgiving and Black Friday combined brought in an estimated $12.3 billion in sales, according to shopping analytics firm ShopperTrak. Thanksgiving Day traffic grew 27% as nearly one-third of shoppers headed to stores on the holiday. About 97 million people planned to shop online or in stores on Friday, with about 140 million intending to do so Thanksgiving through Sunday. That’s down from 147 million last year. Overall spending was expected to reach $57.4 billion for the weekend, that’s down from $59.1 billion last year. Thanksgiving and Black Friday fell a week later in the season this year, leading stores to push pre-Black Friday deals and shifting consumer …

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Uncategorized

Friday, November 01, 2013 – Halloween, Christmas and Banksters

Everyday is Christmas by Sinclair Noe DOW + 69 = 15,615SPX + 5 = 1761NAS + 2 = 392210 YR YLD + .08 = 2.62%OIL – 1.78 = 94.60 GOLD – 6.90 = 1316.80SILV – .04 = 21.97 I hope you enjoyed Halloween, maybe you got to hand out some candy to the little kids. And what wasn’t handed out, well I hope it’s digested, because this this might make you queasy. Merry Christmas, Happy Hannukah, etc., etc. Today is Black Friday. Retailers facing the shortest holiday season in years are preparing to assail customers with deals and promotions as of right now. Wal-Mart is kicking off its online deals today, a month earlier than usual, underscoring worries that intense discounting aimed at luring budget-conscious shoppers could result in the most tepid holiday spending rise in four years. Retailers have traditionally kicked off the all-important holiday shopping season on or the day after Thanksgiving and saved some of their best online deals for “Cyber Monday,” the Monday after Thanksgiving when workers return to offices and use computers to make holiday purchases. This year, the holiday falls on Nov. 28 and as a result there are six fewer shopping days between Thanksgiving and Christmas, prompting many retailers to jump the gun on incentives. So, if you want a 42-inch JVC LED TV for just $299, or a Xelio 10-inch tablet for just $49, with free shipping, today is your day, because all you are in the eyes of corporate America is …

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Uncategorized

Monday, November 26, 2012 – Shopping, Cliffs, Greece, Two-Tiered Justice, Doha, Infrastructure

Shopping, Cliffs, Greece, Two-Tiered Justice, Doha, Infrastructureby Sinclair Noe DOW – 42 = 12,967SPX – 2 = 1406NAS + 9 = 297610 YR YLD -.03 = 1.66%OIL + 1.22 = 86.67GOLD – 2.50 = 1750.40SILV + .05 = 34.28 Well, I survived Black Friday, which actually creeped into Black Thursday; I made it through Shop Small Saturday, and I’ve arrived at Cyber Monday. Tomorrow will be Buyers’ Remorse Tuesday. Don’t forget Credit Card Shock January. I have not and will not go into debt for the holidays. Consumer debt is the worst. A rebound in housing and the job market, along with a drop in household debt, has led additional consumers to say they’ll buy more this holiday. A new survey from the Credit Union National Association and the Consumer Federation of America shows 12 percent said they would boost spending, the highest level since 15 percent in 2007, while 38 percent said they would spend less. According to the National Retail Federation, retail sales for the weekend are up about 13% from a year ago. Online shopping on Black Friday rose 26 percent to exceed $1 billion for the first time. Spending in stores and online rose to $59 billion in the four days starting Nov. 22. Customers spent $423 on average this weekend, up 6.3 percent from last year. The 13 percent jump in total spending suggests that some sales were pulled ahead from December and that retailers will have to keep up the promotions to avoid a …

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