Financial Review

Toxic

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-08-17-2017.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS…All 3 indexes drop big. Barcelona attack. Trump fallout continues. The Cohn effect. Generals and senators. Walmart earnings. Alibaba better earnings. Mylan must pay. Financial Review by Sinclair Noe for 08-17-2017

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Financial Review

Transitioning

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-11-10-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSS…..Dow hits a record high close. Treasuries flop. Trump and Obama meet for transition. A few protests. TPP is dead. Obamacare is almost dead. Aetna is shocked. Pfizer spinoff. Conoco selling oil. We should all be TubeMoguls. Goldman calls the moving van. Sarao spoofs his way to jail. Shake Shack shines. Taser shocks (in a good way). Mylan whiffs. Oil glut continues. Financial Review by Sinclair Noe for 11-10-2016.

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Financial Review

8 Straight

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-11-03-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSS…..S&P 500 slides for 8 straight. Brexit sent to parliament. Productivity increase, finally. ISM service sector slips. Factory orders up. Jobs report tomorrow. Generic drug makers under investigation. UPS couldn’t quit cigs. Charge up across America. Other stuff up for a vote. Financial Review by Sinclair Noe for 11-03-2016

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Financial Review

3Q Earnings and Political Uncertainty

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-10-10-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSS…..Oil up on Russian cooperation. FOMC minutes on Wednesday. 3Q earnings start tomorrow. No reason for flash crash, pound still weak. Hart and Holstrom win Nobel Economics Prize. Nuns push Wells Fargo under the bus. Mylan’s quick settlement. Chicago teachers might strike. Samsung replacements catch fire; production halted. SCOTUS considers design patents. Financial Review by Sinclair Noe for 10-10-2016

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Financial Review

Waiting for the Storm

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-10-06-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSS…..Unemployment benefits drop – why? Layoffs up. Freelance nation. Hurricane Matthew heads for Florida. Will anyone buy Twitter. Wal-Mart invests in e-commerce. Mylan overcharged. Theranos can’t pass the test. Deutsche Bank – still no deal. Samsung replacement phone catches fire. Airplane emissions. Uber offers free rides to the train.   Financial Review by Sinclair Noe for 10-06-2016

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Financial Review

Your Money and Your Life

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-09-26-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSS  ……..Oil prices on the table in Algiers. BOJ looks at less than zero. The biggest risk – China. New home sales drop. Deutsche Bank stumbles badly. Wells Fargo Round Two. Mylan skips over inversion. Takata looks to BK. Traffic HERE. Financial Review by Sinclair Noe for 09-26-2016

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Financial Review

Fed Day

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-09-21-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFed does nothing on a split decision. No worries. The economy is fine, meh. Wait for December. Wall Street is happy. Bank of Japan leaves rates unchanged but mixes up asset purchases. OECD low growth trap. Lula faces criminal charges. UN gets commitments for Paris Climate Accord – it is going to happen. Swap your Galaxy Note 7. Allo Google. AT&T goes electric. Tesla hacked. IPO fever. Leon Cooperman, insider trader. Ms. Brescher goes to Washington. Financial Review by Sinclair Noe for 09-21-2016

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Financial Review

Tomorrow, Tomorrow

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-09-20-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSWaiting on the Fed and the BOJ. 3Q slows. Housing starts down. Mr. Stumpf goes to Washington. PM May goes to Wall Street. Bitcoin is money – who knew? Bayer tries to hide Monsanto name. Did I forget to tell you to buy Tobira yesterday? Mylan’s EpiPen move faces Medicare fraud investigation. Rules for Robo-cars. Bundling for mobile phone payments. Financial Review by Sinclair Noe for 09-20-2016

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Financial Review

De Facto Fail

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-08-29-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSConsumer spending up with no signs of inflation. Arizona and Illinois election hack. Brazil impeachment update. TTIP de facto fail. Apple’s sweetheart tax deal. SunEdison cannibalized by creditors. The EpiPen price gouge continues generically. Drones will rule the world.   Financial Review by Sinclair Noe for 08-29-2016

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Financial Review

Mylan Digs a Deeper Hole

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-08-25-2016.mp3Podcast: Play in new window | Download (Duration: 13:15 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSUnemployment claims 77 week streak.  Durable goods orders are solid. Waiting on the Fed in Jackson Hole, even if you are Fed Up. Mylan gets greedy and CEO digs the hole deeper. Brazil impeachment update. The end of FARC. Turkey moves into Syria. ON Semi gets approval for Fairchild Semi. Sears staggered. Uber losses. Robo-taxi happens. Airbnb shows very real meaning of hospitality. Financial Review by Sinclair Noe for 08-25-2016

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Financial Review

Bargain Bloodhounds

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-11-13-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe for 11-13-2015 DOW – 202 = 17,245 SPX – 22 = 2023 NAS – 77 = 4927 10 YR YLD – .04 = 2.28% OIL – .99 = 40.76 GOLD – 1.10 = 1084.90 SILV – .03 = 14.38   The S&P 500 moved into negative territory year to date, for the first time since Oct. 22. The Dow Industrial Average is also down year to date, moving below the 200-day MA, with a weekly loss of more than 650. Commodity prices are weighing heavily on the markets, following yesterday’s report showing crude oil stockpiles were 4 times higher than market expectations. Still, the IEA predicts that supplies outside OPEC will decline next year by the most since 1992 as low prices take their toll on the U.S. shale industry.  Meanwhile, the dollar index is trading just above 99. That would put it within striking distance of 100.40, its highest level in 12 years.   Retail sales rose a seasonally adjusted 0.1% last month. Sales were revised lower in September to show no gain. Sales were also flat in August. In October, sales were held down by lower spending at auto dealers, gas stations and grocery stores. Although the number of autos sold last month was quite strong, sales fell a seasonally adjusted 0.5%, perhaps suggesting heavier discounting. Stripping out gas and autos, U.S. retail sales rose a somewhat …

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Financial Review

Confidently Waiting

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-09-14-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe for 09-14-2015   DOW – 62 = 16,370 SPX – 8 = 1953 NAS + 26 = 4822 10 YR YLD un = 2.18% OIL – .49 = 44.14 GOLD – .30 = 1109.40 SILV – .21 = 14.51   The story that will be leading markets throughout this week will be Thursday’s Federal Reserve interest rate decision. While market expectations of an increase in rates have fallen to 28 percent, down from over 50 percent a few weeks ago, economists insist the decision is still too close to call. The Fed has been saying they will hike interest rates; this may be one of the most telegraphed rate hikes in the Fed’s history, but circumstances keep changing. Since the last Fed meeting, oil prices have dropped by 15%, the dollar has strengthened, China has slowed, emerging markets have softened, and there is little to no sign of inflation despite a Fed target of 2%. By the way, we’ll get one more report on inflation Wednesday, with the release of the CPI, or consumer price index. So, there are many reasons why the Fed might not raise rates, but then if they do stand pat, they risk coming across as timid, or worried that the recovery is in trouble. If they hike rates they can give the impression they are confident, and confidence begets confidence. And so some clever folks think …

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Financial Review

Jump Into Earnings

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-04-21-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe DOW – 85 = 17,949 SPX – 3 = 2097 NAS + 19 = 5014 10 YR YLD + .02 = 1.92% OIL – 1.12 = 56.26 GOLD SILV This is one of the busiest weeks for earnings reports, so let’s jump in with both feet.   IBM delivered its 12th straight quarter of declining revenue, but they beat earnings expectations because they proved that even if they aren’t the masters of technology, they are masters of financial engineering; one way to boost earnings per share – reduce the shares outstanding with stock buybacks. At some point the strategy has a flaw, but that is for another day.   We’ve known that a stronger dollar would hurt US companies doing business overseas, but we rarely think about reversing that equation. The weaker euro boosted revenue at German business software maker SAP in the first three months of the year and drove operating profit up 15 percent. First-quarter revenue rose 22 percent to 4.5 billion euros, at the top of market forecasts. At constant exchange rates sales rose 10 percent.  First-quarter operating profit, excluding special items, rose to 1.06 billion euros ($1.13 billion), matching estimates. Excluding the effect of currencies, SAP’s operating profit dropped 2 percent.   Chip designer ARM Holdings supplies Apple’s iPhone. Arm said first quarter profits rose 24%, beating forecasts. Chief executive Simon Segars said: “As the world becomes more …

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Financial Review

While the Getting is Good

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-04-09-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe DOW + 56 = 17958 SPX + 9 = 2091 NAS + 23 = 4974 10 YR YLD + .06 = 1.96% OIL + .37 = 50.79 GOLD – 8.70 = 1194.50 SILV – .36 = 16.25   Initial claims for unemployment benefits increased 14,000 to 281,000 in the week ending April 4th.  Over the past 4 weeks, jobless claims have averaged 282,500 a week; the lowest level in 15 years. While companies are maintaining headcounts, job listings also have climbed. Openings rose to 5.1 million in February, the most since January 2001, according to the JOLTS report on Tuesday.   Wholesale inventories rose 0.3% in February as wholesale sales fell 0.2%, perhaps a sign that companies experienced less demand in late winter that could cause them to temporarily scale back production.   In a televised speech today, Iran’s  supreme leader, the Ayatollah Ali Khamenei said Tehran would agree to a final nuclear accord with the US and five other nations only if all sanctions over its disputed nuclear work were lifted.  In remarks apparently meant to keep hardline loyalists on side, he warned about the “devilish” intentions of the United States. Meanwhile, Iran’s oil minister, speaking today in China said that OPEC would “coordinate” to accommodate Iran’s return to oil markets without causing a price crash.   Samsung Electronics expects to ship record numbers of its new Galaxy S6 smartphone after it goes …

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