Financial Review

Rarely the First

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-01-09-2017.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSS…..Risk off day but Nasdaq record. Fed jawbones hawkish. Hard Brexit. Hard confirmation hearing. Revenge for one-China. McDonald’s and Taco Bell in China. Fiat Chrysler in the Midwest. Waymo in cars. M&A: Takeda/Ariad, United Health/Surgical Affiliates, Mars/VCA. Microsoft’s Nokia. IBM patent winner, again. The anniversary of the iPhone. Financial Review by Sinclair Noe for 01-09-2017

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Financial Review

Mars Looks Pretty Good

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-09-27-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSS……The Ubiquitous debate. Register to vote before the government shuts down. Iran won’t freeze. WTO slashes global growth forecast. Growth cools for existing home sales. Consumer confidence is high (taken before the debate). Amex forbids merchants to recommend lower price alternatives. Clean Power Plan goes to court. Elon Musk is my favorite Martian. Financial Review by Sinclair Noe for 09-27-2016

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Financial Review

Canoe Trips on Mars

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-09-28-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe for 09-28-2015   DOW – 312 = 16,001 SPX – 49 = 1881 NAS – 142 = 4543 10 YR YLD – .07 = 2.09% OIL – .03 = 44.40 GOLD – 14.20 = 1133.10 SILV – .53 = 14.70   Well, this was just ugly. All three major indices traded in correction territory today or more than 10 percent below their 52-week highs. For the Nasdaq Composite, the 50 day moving average crossed the 200 day moving average, forming a pattern that goes by the catchy name “death cross”. The Nasdaq Biotechnology ETF closed down 6.3%, following a 5% drop on Friday.   Shares in mining and trading company Glencore fell almost 30 percent and closed at a record low, wiping out more than $5 billion in market valuation. The fall followed publication of a note by analysts at investment bank Investec which raised doubts about Glencore’s valuation if spot metal prices do not improve. The note pointed to high debt levels and a need for deeper restructuring. The analysts wrote: “If major commodity prices remain at current levels, our analysis implies that, in the absence of substantial restructuring, nearly all the equity value of both Glencore and Anglo American could evaporate.” Glencore, a Swiss based company, has said it will suspend dividends, sell assets and raise cash with a $2.5 billion share placement, among other measures, to cut its …

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Financial Review

Strange Days

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-04-13-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe DOW – 80 = 17,977 SPX – 9 = 2092 NAS – 7 = 4988 10 YR YLD – .02 = 1.94% OIL + .27 = 51.91 GOLD – 9.30 = 1199.00 SILV – .23 = 16.36   A down day as we head into earnings reporting season. S&P 500 earnings per share has come down 8% over the last three months to $around $117.50 from $119.50, according to analysts at Merrill Lynch. Analysts are projecting EPS to fall 4% to 6%, excluding the impact of stock buybacks. Earnings are taking a hit on two fronts: lower oil prices and a stronger dollar. The energy sector takes the lion’s share of the blame for the earnings decline. Excluding energy companies, first-quarter earnings growth would actually be slightly positive. The dollar’s rise over the past year will also have a significant impact as expectations for companies with sizable foreign sales have been revised down 13% year to date while those with sales concentrated in the US witnessed an upward revision.   The Energy sector is the biggest drag on the growth picture this quarter, with the sector’s earnings on track to be down -63.6% on -40.6% lower revenues. Excluding the drag from the Energy sector, total earnings for the S&P 500 index would be up +4.7% on +0.6% higher revenues, according to Zach’s Research. The best performing sector should be …

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Financial Review

Tuesday, April 08, 2014 – When Stuff Aligns

When Stuff Aligns by Sinclair Noe DOW + 10 = 16,256 SPX + 6 = 1851NAS + 33 = 411210 YR YLD – .01 = 2.68%OIL – .28 = 102.28GOLD + 11.10 = 1309.00SILV + .20 = 20.16 Every now and then the planets align. Tonight is one of those times; Mars, the Sun, and Earth will be aligned in opposition. And Mars is closer than normal, although still about 92 million miles away. I have no idea what this means in the cosmic scheme of things, but when the sun sets in the West, Mars will rise in the East; and it will be overhead around midnight. You should be able to spot it easily as it will look light a bright star with a red or burnt orange color. If you can’t watch tonight, you can look to the skies for the next week.  On April 14, there will also be a total lunar eclipse causing the full Moon to turn as red as the Red Planet itself. Investor sentiment remains upbeat ahead of earnings and despite the smack-down in prices Friday and Monday. On Friday, the CBOE Volatility Index, or VIX, dropped down to a multi-month low of 12.6 and even after a few days of triple digit declines the VIX has only edged back into the mid-14 range. And although Alcoa is the official start of earnings season, a few companies have already reported, including Oracle, Nike, and Fed Ex; without inspiration. The floodgates on profit …

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