Financial Review

3%

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-04-24-2018.mp3Podcast: Play in new window | Download (Duration: 13:16 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS….Ten-year Treasury note tops 3%. Stocks fall. Earnings disappoint. Cat sees problems with tariffs hitting pricing.  FANGs give up market cap. Apple down on weak demand. 3M can’t stick. Home prices up faster than wages. Financial Review by Sinclair Noe for 04-24-2018

READ MORE →
Financial Review

Dead Cat

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-03-27-2018.mp3Podcast: Play in new window | Download (Duration: 12:59 — 7.4MB)Subscribe: Apple Podcasts | Android | RSS…Stocks flop in final hour, bouncing off support. More China trade concerns. Tech falters. Bears control Facebook. Brits investigate Cambridge Analytica. Self-driving tech hits the brakes. Financial Review by Sinclair Noe for 03-27-2018

READ MORE →
Financial Review

Focus on Earnings

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-07-21-2017.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS…..Stocks pull back from records. Tech finally recovers from Dot Com. Fangs lead the market. Earnings the only thing to add volatility. GE weak earnings. Honeywell beats. Amazon has a pricing problem. Wells rehires whistleblower that didn’t exist. BofA bolts London for Dublin. Dark net crackdown. So long Spicey. Financial Review by Sinclair Noe for 07-21-2017

READ MORE →
Financial Review

Worst Ever

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-01-07-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe for 01-07-2016 DOW – 392 = 16,514 SPX – 47 = 1943 NAS – 146 = 4689 10 Y – .02 = 2.15 OIL – .74 = 33.23 GOLD + 15.40 = 1110.20     The Chinese stock market was open for about 15 minutes; stocks dropped 5%, triggering circuit breakers, or rules that suspended trading. When trading resumed, it was all downhill and that triggered another level of circuit breakers, shutting down trading for the day; 29 minutes in total, the shortest session in Chinese market history. Circuit breakers are a new idea for Chinese markets; they have only been used since Monday, the start of the New Year. Trading was halted on Monday for 30 minutes. We have circuit breakers in place on Wall Street, and the idea is to allow a cooling off period when stocks are in freefall. In the US, trading is halted temporarily after declines of 7% and 13% in the Standard & Poor’s 500 Index, and only suspended for the rest of the day if losses reach 20%. In China, it only seems to make investors more nervous and they scramble to sell before getting locked out. After the trading halt, Chinese regulators decided to scrap the circuit breaker rule for the foreseeable future.   The Shanghai Composite Index finished down 7% at 3,125, bringing its losses over just four trading days to …

READ MORE →
Financial Review

2015 Financial Review

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-12-31-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe for 12-31-2015 DOW – 178 = 17,425 SPX – 19 = 2043 NAS – 58 = 5007 10 Y – .03 = 2.27% OIL + .45 = 37.05 GOLD + .40 = 1060.20 SILV – .03 = 13.81   This is the final day of the year, and so it is appropriate to review where the markets stand; generally, it was ugly. We’ll take a look at stocks, bonds, the dollar and commodities. It was not an easy year for investors. Nearly 70% of investors lost money this year, according to Openfolio, an app that allows people to track their investment performance and compare their portfolio with other users. Warren Buffett is seeing his worst year since 2008, with Berkshire Hathaway shares down more than 11% year to date. Bill Ackman of Pershing Square Capital sent a letter to investors in December that said 2015 may be the fund’s worst year since it was founded in 2004. 2008 was a terrible year in the stock market, but bonds were up 22%. But this year, not one major asset class had a good year.   If you went to sleep on December 31, 2014 and you just woke up today, you might think nothing happened in 2015. The S&P 500 index started the year at 2058, and closed at 2043, for a loss of 15 points or about 0.7%; with dividends …

READ MORE →
Financial Review

Fluctuating Between Ugly and Ugly

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-08-20-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe for 08-20-2015 DOW – 358 = 16,990 SPX – 43 = 2035 NAS – 141 = 4877 10 YR YLD – .05 = 2.08% OIL + .34 = 41.14 GOLD + 19.00 = 1154.10 SILV + .27 = 15.68   Well, it was just ugly. Yesterday, the Federal Reserve released the minutes of the July FOMC meeting. Many investors and traders interpreted the policymakers’ discussions as dovish, with the probability of a rate boost next month sliding to 36 percent from about 50 percent earlier in the day. The matter is still open to debate, and the bottom line is that we have to wait about 4 weeks to find out what the Fed will do.   Today, stocks closed near session lows, off about 2%; and it smacks of a rate tantrum, traders expressing their dis-satisfaction to let the Fed know they are opposed to rate hikes. The other reading is that a dovish Fed might mean that the global economy really is weak; the drop in commodities is hurting emerging markets; the strength of the dollar is hurting US exporters; we are now facing currency wars; and global growth (or the lack thereof) will weigh on the US economy. If the Fed doesn’t raise rates, it’s because the market is too fragile. The S&P 500 fell into negative territory for the year, with consumer discretionary the greatest decliner on the …

READ MORE →