Financial Review

Welcome Back

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-07-05-2017.mp3Podcast: Play in new window | Download (Duration: 13:16 — 7.6MB)Subscribe: iTunes | Android | RSS…..Fed minutes show disagreement on timing. Factory orders slip. Home prices rise. Oil down. Volvo goes electric. Tesla must produce. Not the life O’Reilly. A glitch in tech. Financial Review by Sinclair Noe for 07-05-2017

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Financial Review

Drifting

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-06-05-2017.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: iTunes | Android | RSS…..Quiet day. ISM non-manufacturing slips lower. Productivity revised higher to zero. Factory orders dip. Thursday brings election in UK. Plus, Comey testifies before Senate. Qatar on the diplomatic ropes. Trump wants to privatize air traffic control. SCOTUS rules for Wall Street; looks into 4th Amendment digital case. Winners and losers on Wall Street. FAANG still rules. Hey Siri, wake me when Apple does something cool. Financial Review by Sinclair Noe for 06-05-2017

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Financial Review

How Low Can It Go?

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-07-05-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSUS Treasuries hit new lows. Pound at 30 year low. Factory orders and durable goods orders dip. Home prices – more of the same. UK RE funds freeze. Italian banks go sour. USA the oiliest. Juno goes Jovian. Google DeepMind wants to see your eyes. Three more Libor convictions. Financial Review by Sinclair Noe for 07-05-2016

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Financial Review

Who’s Buying Whom

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-04-02-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSFinancial Review by Sinclair Noe DOW + 65 = 17,763 SPX + 7 = 2066 NAS + 6 = 4886 10 YR YLD + .03 = 1.90% OIL – .81 = 49.28 GOLD – 1.10 = 1203.00 SILV – .18 = 16.86   Iran and six world powers, including the US, has agreed to a framework for a final deal on Iran’s controversial nuclear program. The understanding still needs to work out some details but it paves the way for the start of a final phase of talks that aims to reach a comprehensive agreement by the end of June. The agreement concludes weeks of intense negotiations and comes two days beyond the initial March 31 deadline for an outline deal.   Iran has accepted limitations on its enrichment capacity that include retaining only one enrichment facility. Europe and the United States will end nuclear-related economic and financial sanctions on Iran under the future deal after the United Nations’ nuclear agency confirms Tehran’s compliance with the deal.   The standoff over Iran’s nuclear program has dragged on for more than a decade. In November 2013, both sides concluded a preliminary agreement that froze some of Iran’s most sensitive nuclear activities in return for limited sanctions relief. The parties also agreed to reach a conclusive deal by June 2015.   Shortly after the agreement was announced, President Obama read a statement in the Rose Garden of the White …

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Financial Review

Strange Days in Energy

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-02-03-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSFinancial Review by Sinclair Noe DOW + 305 = 17,666 SPX + 29 = 2050 NAS + 51 = 4727 10 YR YLD + .10 = 1.78% OIL + 2.52 = 52.09 GOLD – 13.70 = 1261.10 SILV + .09 = 17.37 One year ago, the Dow Industrials dropped down to 15,356, which proved to be the low for 2014. Since then, up 16%, mas o menos. Corelogic reports home prices slipped 0.1% in December, to take the year-on-year rate to 5%. Twenty-seven states and the District of Columbia are at or within 10% of their peak; current prices in Arizona are still 29.5% below the peak. Colorado (8.4%), Texas (7.8%) and New York (7.6%) saw the fastest growth, while only three states — Maryland (-0.7%), Vermont (-0.9%) and Connecticut (-2.2%) — saw a decline on a year-on-year basis. New orders for factory-made goods in the U.S. sank 3.4% in December to mark the fifth straight decline. The latest drop suggests that manufacturers may have scaled back production owing to a stronger dollar and weak economic growth overseas that’s made it harder to sell American-made goods. Inventories also declined for the first time in 19 months, down 0.3%. Excluding transportation, new factory orders fell a smaller 2.3%. Earnings reporting season: Chipotle Mexican Grill said its fourth-quarter earnings rose 52% as sales benefited from stronger customer traffic, higher menu prices and new stores. It’s tough to …

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Tuesday, July 02, 2013 – Summer Swoon

Summer Swoon by Sinclair Noe DOW – 43 = 14,932SPX – 1 = 1614NAS – 1 = 343310 YR YLD – .02 = 2.47%OIL + 1.65 = 99.54GOLD – 10.20 = 1243.40SILV – .27 = 19.48 Stocks started the second half of the year with a lukewarm rally yesterday; then the rally fizzled as the day wore on; still, yesterday was an up day. Today, stocks started in slightly positive territory, and as the day wore on, stocks sputtered. On a technical basis, the Dow and the S&P tried to break above the 50 day moving averages and failed. So, the 50 day MA is serving as a level of resistance, and stocks are not demonstrating the ability to break out. It’s easy to think stocks are still in an uptrend. The first half of the year posted solid gains, but those gains were slammed in June. Over the past week, prices started moving higher, but there’s no conviction. Trading volume has been down. Tomorrow, the markets close early, and then stay closed for July 4th, and Friday will be a low volume day. So, it’s hard to be enthusiastic about stocks right here. Another failed rally could send prices lower, quick. It’s easy to slip into summer slowdown mode, but this is not a time to be complacent if you are still in equities. Since the FOMC’s June 22nd meeting, markets have been in turmoil. Commentators and Fed watchers have been speculating about exactly what Chairman Bernanke was trying …

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