Financial Review

Up, Up and Away or Stay

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-06-20-2016.mp3Podcast: Play in new window | Download (Duration: 13:17 — 6.1MB)Subscribe: iTunes | Android | RSSCountdown to Brexit. IEX new exchange. Yellen goes to Congress. Facebook shareholder meeting. GE Digital stands alone. China has more supercomputers. Ex-VW CEO under investigation. Costco switches. SCOTUS reject challenges to assault weapon ban. Congress rejects gun control proposals. SCOTUS stands behind RJR. Financial Review by Sinclair Noe for 06-20-2016

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Financial Review

Java for All

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-05-26-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSPending home sales increase, durable goods orders increase, jobless claims decrease. Google beats Oracle and retains dominion over the Android kingdom. Microsoft and Facebook lay cable. The French protest. American Airlines doth protest too much. Takata? Why? Financial Review by Sinclair Noe for 05-26-2016

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Financial Review

Trending Now

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-05-10-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSJOLT new jobs, small biz optimism, computerized trading is the winner, solar under-performs coal, earnings news, Google battles Oracle, Amazon battles YouTube, Facebook battles Fox; beam me up to the next available planet. Financial Review by Sinclair Noe for 05-10-2016

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Financial Review

Hooked on Price Hikes

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-04-27-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSFOMC no change, June still on the table. It looks like the fix is in on oil. Remember Greece? Drug companies addicted to prices. Financial Review by Sinclair Noe for 04-27-2016

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Financial Review

No F8 but What You Make

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-04-12-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSThe start of earnings season, oil bounces, Fedspeak, and our F8 is to talk to bots.   Financial Review by Sinclair Noe for 04-12-2016

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Financial Review

Super Tuesday

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-03-01-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSS  Financial Review by Sinclair Noe for 03-01-2016   DOW + 348 = 16,865 SPX + 46 = 1978 NAS + 131 = 4689 10 Y + .09 = 1.83% OIL + .14 = 33.89 GOLD – 6.60 = 1232.70   It was the best one-day percentage gain for the S&P 500 and the Dow since Jan. 29. The Nasdaq Composite saw its biggest one day gain since August. The S&P 500’s rally today leaves it lower by just 3% year-to-date, and the Nasdaq’s advance brings its loss for the year to 6.4%. Biotechnology, which underperformed by a huge margin yesterday, came to life today with the Nasdaq Biotechnology Index ETF (IBB) surging 4.4%. The small cap Russel 2000 broke through its own 50 day moving average for the first time since December 9. However, it rose 2.0% vs. the S&P 500’s 2.4% gain. Elsewhere, regional banks, cybersecurity, high-yield bond ETFs, and energy names also impressed. The Utilities sector, which is hurt by higher rates, was by far the worst performing S&P sector today.   Today is Super Tuesday. The polls will begin closing at 7 PM eastern time. A total of 595 Republican delegates are up for grabs in 11 states of the 1,237 needed to clinch the GOP nomination in 11 states; Donald Trump is expected to win 10 of the 11 states, with a close race in Texas, where Ted Cruz holds the lead. Sanders and Clinton are facing off …

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Financial Review

Lonesome Tom and Tom Alone

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-01-27-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSS  Financial Review by Sinclair Noe for 01-27-2016 DOW – 222 = 15,944 SPX – 20 = 1882 NAS – 99 = 4468 10 Y + .01 = 2.00% OIL + .71 = 32.16 GOLD + 5.00 = 1125.70 Stocks started the session down, a little over 150 points, then rallied and turned positive, then the Fed released its policy statement to wrap up its two-day FOMC meeting, and stocks fell again; 350 points from peak to trough, even though there was no surprise in the statement.   The Federal Reserve statement had a few changes from the last statement. First, there was no change in interest rates – as expected. The Fed says it expects the economy will continue to warrant only gradual rate increases – as expected. They will closely monitor global economic and financial developments – a soft backpedal from December, when they said risks were balanced. Not a big surprise. Inflation is expected to remain low because oil prices are down, but that won’t last forever – yeah, yeah. The strong dollar is a bit of a drag. Information received since the Federal Open Market Committee met in December suggests that labor market conditions improved further even as economic growth slowed late last year – an acknowledgement that economic growth slowed, well that’s different. Their confidence in the economy has eroded since December. Not exactly. The Fed also noted the strength of …

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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: iTunes | 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 fell …

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Financial Review

A Twisted Duck

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-11-04-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSFinancial Review by Sinclair Noe for 11-04-2015 DOW – 50 = 17,867 SPX – 7 = 2102 NAS – 2 = 5142 10 YR YLD + .01 = 2.23% OIL – 1.38 = 46.52 GOLD – 9.70 = 1108.50 SILV – .20 = 15.16   Federal Reserve Chair Janet Yellen testified before the House Financial Services Committee today. Yellen reiterated that the Fed could raise its benchmark interest rate in December; she said a rate hike “could be appropriate”; the economy is “performing well”; she expects economic growth to continue; the Fed is inclined to raise rates; however, “no decision has been made.”   Many of the Fed’s immediate concerns have come and gone without catastrophe. The global financial markets are slogging along, and Congress managed to pass a budget and raise the debt ceiling. So, there are only a couple of potential impediments between now and a December rate hike. First is the Friday jobs report; if the payroll growth is in line with expectations, or a bit better, and if that report can be followed with another solid jobs report in early December; plus no stumbles on the GDP numbers, plus some hint of inflation, then Yellen says, “December would be a live possibility.”   We could also draw up a list of reasons why the Fed might want to wait: persistent long-term unemployment, weak growth in third quarter GDP, no signs of …

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Financial Review

Speech of the Day

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-09-24-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSFinancial Review by Sinclair Noe for 09-24-2015   DOW – 75 = 16,201 SPX – 6 = 1932 NAS – 18 = 4734 10 YR YLD – .02 = 2.12% OIL + .43 = 44.91 GOLD + 23.80 = 1155.10 SILV + .36 = 15.25   Pope Francis addressed a joint meeting of Congress this morning. Francis urged the United States not to turn its back on undocumented immigrants, to reject the victimization of religious and ethnic minorities, to overcome income inequality and to save the planet from climate change, citing Scripture and the nation’s founding ideals. He also asked lawmakers to wage a constant battle against poverty and to ensure the wealth of the world is equitably shared and used to create jobs. It was really a very remarkable and beautifully crafted speech. I’m posting a link to the full text of the speech on by blog, and I would hope that you have a chance to hear or read the entire speech because it covers some of the most important issues of our time. You may be in total agreement with Francis or you might disagree with some parts, but make no mistake – this was a strong and moving address from one of the most influential people in the world.  After the speech, Francis went from some of the most powerful people to some of the least powerful as he had a …

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