Financial Review

Again and Again

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-02-21-2017.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS…..Walmart beats; Amazon counterpunches. Macy’s slips and sells RE. Home Depot beats and buys back. Verizon will buy Yahoo with a cut. Burger King buys Popeyes. Kraft won’t buy Unilever. Sprint-TMobile. International money transfers – there’s an app. Eurozone biz activity best in 6 years. HSBC tanks. BHP profit. China stops buying coal from North Korea. Waiting on the Fed. Oil prices move higher, as OPEC cuts production but US demand drops. Trump starts deportations. Financial Review by Sinclair Noe for 02-21-2017

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Financial Review

Mind the Gap

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-01-18-2017.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSS…..Stocks trade in very narrow range. CPI at 2.1%; the rent’s too high. The Fed talks rate increase. Beige Book optimism. BIS says QE doesn’t help Main Street – duh. HSBC, Paris. JPMorgan targeted minorities and women – 2 suits. American Airlines launches Sub-Cattle Class. Essilor buys Luxottica. Target misses. Navient bad news for student loans. Bookies on the inaugural speech. 2016 the hottest year ever, again. Financial Review by Sinclair Noe for 01-18-20017

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Financial Review

Sleepwalking Higher

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-09-07-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSStocks hit highs. More job openings. Beige remains modest. Fed still jawbones. Apple Event Day, whoopee. Hanjin dead to irons. Ackman’s big burrito. Apache’s big find. Mylan’s big price gouge bites back. HSBC violates parole. Goldman’s political games. Financial Review by Sinclair Noe for 09-07-2016

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Financial Review

Apple Bites

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-07-26-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSResale home prices continue to rebound. New home sales up. Consumer confidence flat. Fed FOMC deliberates. Earnings galore but the big one is Apple, and it wasn’t as bad as it could have been. Fiat fudged sales numbers. VW has a plan. Amazon has drones in the UK. You could fly around the world without using a drop of oil. Financial Review by Sinclair Noe for 07-26-2016

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Financial Review

Number 9

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-07-20-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSDow record high again. Earnings beat diminished expectations. MS, INTC, AXP. VW investigated all the way to the top. Turkey purge. HSBC arrests. The long, strange, fraudulent trip of 1MDB. Bud deal approved. Aetna-Humana, not so much. Financial Review by Sinclair Noe for 07-20-2016

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Financial Review

That’s Her Story

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-02-10-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe for 02-10-2016   DOW – 99 = 15,914 SPX – 0.35 = 1851 NAS + 14 = 4283 10 Y – .02 = 1.70% OIL – .64 = 27.30 GOLD + 8.00 = 1197.80   Fed Chair Janet Yellen delivered her semi-annual Humphrey-Hawkins testimony in Washington today in her first major appearance since the Fed’s rate hike last December. In prepared testimony, Yellen said

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Financial Review

King v Burwell Plan B

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-06-09-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe DOW – 2 = 17,764 SPX + 0.87 = 2080 NAS – 7 = 5013 10 YR YLD + .04 = 2.42% OIL + 1.81 = 59.95   Each month the Labor Department reports on nonfarm payrolls, usually that report comes out on the first Friday of the month; a few days later they release the JOLT survey, Job Openings and Labor Turnover from the prior month. Job openings at US workplaces rose to 5.3 million in April from 5.1 million in March. That’s the most job openings in 14 years, and those job openings were spread among industries, including health care, retailers and providers of professional services. Now, keep in mind that this is the Job Openings from April, and we just saw the May Jobs report, which showed that the unemployment rate ticked up from 5.4% in April to 5.5% in May; and the reason the unemployment rate was higher is because more people entered the labor pool. Most of the nearly 400,000 new job seekers were under the age of 25.   While the number of job openings soared, employers are still taking their time filling them. Total hiring in April fell to 5 million from 5.1 million. The disparity between more openings and flat hiring suggests employers are being picky about new hires. Many companies say they are having difficulty finding qualified workers. They may …

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Financial Review

Fixing the Unbroken

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-03-31-2015.mp3Podcast: Play in new window | Download (Duration: 13:15 — 6.1MB)Subscribe: Apple Podcasts | Android | RSS  Financial Review by Sinclair Noe DOW – 200 = 17,776 SPX – 18 = 2067 NAS – 46 = 4900 10 YR YLD – .03 = 1.93% OIL – 1.15 = 47.53 GOLD – 2.30 = 1183.70 SILV – .06 = 16.73   The S&P/Case-Shiller 20-city home price index showed steady gains in January, up 0.9% from December. Compared to January 2014, prices were up 4.6%.  In Phoenix, resale home prices were unchanged from December to January, and posted a year-over-year gain of 2.6%.   The Conference Board’s consumer confidence index moved up to 101.3% in March from an upwardly revised 98.8 in February. The present situation index, a measure of current conditions, actually fell to 109.1 from 112.1. Yet the future expectations index increased to 96.0 from 90.   We’ve seen quite a bit of volatility in the markets lately. Today marks the 16 session in the month of March where the Dow Industrial Average has closed with a change in excess of 100 points. That is the second most of any month in history; following 20 triple digit moves in October 2008.   Sell in May and go away. You’ve probably heard this stock market advice. The idea is that you can divide the year into the best six months and the worst six months for the stock market; and we are now heading into the worst six months. Like most …

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Financial Review

What Happens When We Run Dry

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-03-16-2015.mp3Podcast: Play in new window | Download (Duration: 13:19 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe DOW + 228 = 17,977 SPX + 27 = 2081 NAS + 57 = 4929 10 YR YLD – .01 = 2.10% OIL – 1.12 = 43.88 GOLD – 4.30 = 1155.30 SILV – .01 = 15.73   Halfway through March, the S&P 500 is almost exactly flat year to date after a January tumble and February recovery, as we head into a Federal Reserve FOMC policy meeting later this week. Halfway through March a year ago, that was exactly the same situation: US stocks flat for the year directly ahead of the March Fed meeting, when the Fed’s intent to slowly tighten up policy was affirmed. It is widely expected that Fed policy setters will remove the word “patient” from their statement, opening the door for a rate increase in June.   The Fed has kept its benchmark lending rate near zero for more than six years, underpinning a strong rally in stocks. Wall Street loves to feed at the zero interest rate trough. Wall Street has a history of whining about tighter monetary policy; remember the “taper tantrum”, and so today’s gains feel like a sucker’s rally. Or the Fed could surprise us and they could very well remain patient. Crude fell for a fifth day, dropping to its lowest intraday price since March 2009. Crude oil closed $43.88 a barrel, closely following the IEA’s prediction on Friday …

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Financial Review

We’ll Know It When We See It

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-03-10-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSS    Financial Review by Sinclair Noe DOW – 332 = 17,662 SPX – 35 = 2044 NAS – 82 = 4859 10 YR YLD – .07 = 2.13% OIL – 1.71 = 48.29 GOLD – 5.40 = 1162.50 SILV – .11 = 15.72   Yesterday marked the 6 year anniversary of the bull market. Today is the 15th anniversary of the Nasdaq‘s all-time high. The Nasdaq has pulled in after briefly moving above the 5,000 level last week. The Nasdaq had been on a nice little run, so, for now support looks to be a long way away. Today the S&P 500 dropped below the 50 day moving average at 2061; that should have been an area of strong support.   Job openings in the United States rose 2.4% to 5 million in January and stood at a 14-year high. The Labor Department reports the number of people hired fell slightly to 5 million. So-called separations – layoffs, people fired, workers who quit – dipped to 4.82 million from 4.90 million.   The National Federation of Independent Business‘s small-business optimism index edged up to 98.0 in February, from 97.9 in January. Both readings are down from 100.4 in December. Although small-business owners remain upbeat, a growing percentage reports difficulty in finding workers with the right labor qualifications. By one measure, the skills shortage is the worst since 2006, but most business owners remain reluctant …

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