Financial Review

A Tale of Two Markets

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-05-16-2017.mp3Podcast: Play in new window | Download (Duration: 13:16 — 7.6MB)Subscribe: iTunes | Android | RSS…..Record high for Nasdaq. Markets look past White House dysfunction. Tech and everything else. China is a worry. Housing starts tick down. Industrial production picks up. Ford – job cuts are number one. Home Depot beats on earnings but the rest of retail sucks. Cyber-attack blame game. Pirates of the box office.   Financial Review by Sinclair Noe for 05-16-2017

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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: iTunes | 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

Pause

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-11-16-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSS…..Dow waits for assault on 19,000. PPI unchanged. Industrial production unchanged. Mortgage rates up. Fed ready to hike rates. Bill Gross isn’t buying the Trump Bump. Snapchat files to go public. Amazon goes after knockoffs. Twitter goes after trolls. EU will fine more banksters. SEC finally addresses Flash Crash. Ford still going to Mexico. Playstation Fiesta Bowl. Financial Review by Sinclair Noe for 11-16-2016

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Financial Review

Eight Year Anniversary

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-09-15-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSEconomic data: producer price flat, retail sales down, current account deficit down, industrial production down. BoE stands pat; SNB too. The 8th anniversary of the Lehman Brothers collapse. Financial Review by Sinclair Noe for 09-15-2016

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Financial Review

Groundwork for Fed Minutes

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-08-16-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSHousing starts up. CPI up. Industrial production up. Is the Fed up for a rate hike? 13-F review – lots of shorts. Aetna quits ACA. EPA standards for trucks. Ford gives up the wheel. Knock, knock. It’s Google.   Financial Review by Sinclair Noe for 08-16-2016 DOW – 84 = 18,552 SPX – 12 = 2178 NAS – 34 = 5227 10 Y + .02 = 1.57% OIL + .84 = 46.58 GOLD + 7.20 = 1346.80 Housing starts ran at a seasonally adjusted 1.21 million annual rate in July, a 2.1% increase over the June figure. Permits were at a 1.15 million annual rate in July, essentially flat from a revised June reading. Single-family starts edged up 0.5% to a 770,000 annual pace. Most of the strength in July came from multifamily starts, which popped 8.3% to a 433,000 annual rate. Overall housing starts are 5.6% higher compared to a year ago, and July’s figure was the second-best of the recovery.   The consumer price index rose 0.8% compared to a year ago. The Labor Department said core CPI, which strips out food and energy, rose 2.2%. The cost of food was unchanged in July, and has risen 0.2% over the past year, the smallest increase since the 12 months ending in March 2010. Energy prices declined 1.6% and are 10.9% lower for the year. (However, today, oil posted its fourth straight session of …

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Financial Review

Fed Day

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-06-15-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSFOMC leaves rates unchanged. No surprise. Brexit scares. PPI inches up. Industrial production inches down. California is #6. BofA fires. Office Depot hires. Coffee best served tepid. Financial Review by Sinclair Noe for 06-15-2016.

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Financial Review

Illusion of Growth

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-05-17-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSInflation up, housing starts rebound, 1Q share buybacks at a new high, IMF eases on Greece, robot truckers, and Supremes punt. Financial Review by Sinclair Noe for 05-17-2016

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Financial Review

More Exciting Than Soccer

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-04-15-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSClosing numbers, economic data, plus a preview of the Doha meeting on oil, and a look at Brazil’s impeachment. The latest Panama Papers fallout. Time to buy your own cable box.   Financial Review by Sinclair Noe for 04-15-2016

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Financial Review

Sneaking Through the Backdoor

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-02-17-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSFinancial Review by Sinclair Noe for 02-17-2016   DOW + 257 = 16,453 SPX + 31 = 1926 NAS + 98 = 4534 10 Y + .04 = 1.82% OIL + 2.35 = 31.39 GOLD + 8.10 = 1209.40   Three in a row; three up days, and good moves at that. If you believe the old adage that every stock market advance is short covering, you have some evidence to back your position. The most shorted stocks among Russell 3000 members gained 6.5% over just two trading days, Friday and Tuesday, while the least shorted issues trailed the Russell’s 4.6% advance over the same period. And while it looks like last Thursday’s lows provided some support in the short-term, it is too soon to see if that support will hold. Anyone who is calling a bottom in the market is just making stuff up. I don’t know, you don’t know. What we know is the markets have been all over the map in the past 2 months, flitting from one crisis to the next. The good news is that nothing has blown up yet. The bad news is that everything is volatile.   Russia, Saudi Arabia, Qatar, and Venezuela announced an agreement Tuesday to freeze oil production in an effort to ease the oil glut. On Wednesday, Iran said it wouldn’t join the effort, as its production just came back online following years of sanctions, …

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Financial Review

Pick a Lane

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-11-17-2015.mp3Podcast: Play in new window | Download (Duration: 13:17 — 6.1MB)Subscribe: iTunes | Android | RSSFinancial Review by Sinclair Noe for 11-17-2015 DOW + 6 = 17,489 SPX – 2 = 2050 NAS + 1 = 4986 10 YR YLD – .01 = 2.26% OIL – .95 = 40.79 GOLD – 12.30 = 1070.80 SILV – .06 = 14.29   Global equity markets moved higher today, following the rally yesterday on Wall Street and brushed off concerns related to Friday’s terror attacks in Paris. In their final communique from a summit in Turkey, the leaders of the world’s largest economies stuck to a goal of lifting their collective output by an extra 2% by 2018, even though growth remains uneven and weaker than expected globally. G20 leaders also endorsed plans to address Syria’s refugee crisis, taxation, climate change, cyber security and inequality.   France launched another set of airstrikes on the ISIS stronghold of Raqqa in Syria early Tuesday as the country steps up its response to last week’s deadly attacks. The bombings follow a second night of home searches in France and Belgium to catch those responsible and linked to the killings. President Francois Hollande is now looking to expand his powers under France’s state-of-emergency statute and has called on the U.S. and Russia to form a “big unified coalition” to destroy ISIS.   Meanwhile, Russian officials said they had found evidence that the passenger jet that crashed in Egypt last month was downed by a bomb, the first time those …

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