Financial Review

Stock Pop, Bonds Drop

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-10-03-2018.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS….Dow hits another record close. ISM Services soar. ADP jobs jump. SCOTUS considers independent contractor case. Honda and GM Cruise. Florence tallies. Nobel chemistry evolves. Financial Review by Sinclair Noe for 10-03-2018

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Financial Review

Marines Sue for Trademark Infringement

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-10-01-2018.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS…NAFTA renamed. Net neutrality fight continues. GE’s new sacrificial lamb. Elon Musk makes deal with SEC. Nobel for immunotherapy. Financial Review by Sinclair Noe for 10-01-2018

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Financial Review

More Worthwhile Pursuits

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-10-12-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe for 10-12-2015   DOW + 47 = 17,131 SPX + 2 = 2017 NAS + 8 = 4838 10 YR YLD closed OIL – 2.10 = 47.53 GOLD + 7.50 = 1164.90 SILV – .01 = 15.92   The Dow Industrials posted a gain for the seventh consecutive session, and ninth gain in the past 10 sessions. During the rally, the Dow has gained 1,130 points. Crude oil futures settled 5.1 percent lower after gaining almost 9 percent last week. The dollar was down slightly.   Dell and private-equity firm Silver Lake will buy EMC Corp. for roughly $67 billion in cash and stock, marking one of the largest technology-industry takeovers ever. The $33.15 a share price tag represents a 19% premium over Friday’s closing price. EMC also owns about an 80% stake in VMware, which will remain a publicly traded company. EMC holders will receive $24.05 a share in cash and in addition to tracking stock linked to a portion of EMC’s economic interest in the VMware business. VMware has a market value of about $33 billion. The Dell deal is the largest in tech history, and it may be the biggest tech deal in terms of debt. Dell will add about $50 billion in debt to complete its proposed acquisition, bringing the closely held company’s total debt to about $60 billion.   Budweiser must really like Miller. Anheuser Busch …

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Financial Review

Anticipation of Consequences

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-10-08-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe for 10-08-2015 DOW + 138 = 17,050 SPX + 17 = 2013 NAS + 19 = 4810 10 YR YLD + .05 = 2.11% OIL + 1.86 = 49.67 GOLD – 6.80 – 1140.00 SILV – .39 = 15.77   This morning was full of anticipation: earnings season scheduled to kick off after the closing bell, the FOMC scheduled to release minutes from their September policy meeting, the House of Representatives scheduled to select a new Speaker of the House. Wisdom consists of the anticipation of consequences.   Earnings season is underway; the unofficial start is when Alcoa reports; ticker symbol AA, they lead the pack alphabetically, and then it just became tradition. The company reported adjusted third-quarter earnings of 7 cents a share on revenue of $5.57 billion. Analysts surveyed by FactSet had estimated earnings of 13 cents a share on revenue of $5.66 billion. Alcoa indicated that China’s industrial economy is slowing more rapidly than expected, as the aluminum producer slashed its production outlook for the country for cars, trucks and construction. And just like that, we have a trend.   Short interest has hit a peak. Short interest on companies listed on the New York Stock Exchange (NYSE) just hit a seven-year high, going back to the 2008 financial crisis. Short interest, or a bet that prices will drop, tends to increase as stocks are falling, and …

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Financial Review

Send Thank You Notes to Janet

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-10-08-2014.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review DOW + 274 = 16,994 SPX + 33 = 1968 NAS + 83 = 4468 10 YR YLD – .02 = 2.33% OIL – 1.23 = 87.62 GOLD + 13.20 = 1222.50 SILV + .19 = 17.48 Volatility has kicked into high gear. Yesterday the VIX, the Volatility Index was up 11%, and today it dropped 12%. The Dow has had moves of 200 points or more five times in the last 10 days. There have only been 10 other days this year when the index has made moves of that magnitude. Yesterday was an ugly decline and today, stocks started drifting lower, and then suddenly, dramatically, jumped higher; by the closing bell it was the best day of the year. Send your thank you notes to Janet Yellen. Pause for just a moment and think about what has been driving the markets for the past 5 years. Certainly, there are many factors but a big factor would have to be Federal Reserve monetary policy. Yesterday stocks looked like they were going to hell in a hand basket, and today the Fed’s FOMC minutes were released and the markets were revived as if they’d been given a big old hypodermic full of adrenaline straight to the heart. We all know the Fed is ending its bond buying crusade this month, and the open question has been when they will raise interest rates. …

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Financial Review

Paulson, Bernanke, and Geithner Walk Into a Courtroom

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-10-06-2014.mp3Podcast: Play in new window | Download (Duration: 13:15 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review DOW – 17 = 16991 SPX – 3 = 1964 NAS – 20 = 4454 10 YR YLD – .02 = 2.42% OIL + .05 = 90.39 GOLD + 16.10 = 1207.80 SILV + .49 = 17.45 Stocks erased early gains. The Russell 2000 Index of small cap stocks took a hit of nearly 1%. Earnings season is right around the corner. Alcoa kicks off the unofficial start of earning season on Wednesday, and we’ll get 8 companies from the S&P500 reporting this week. The average estimate for the S&P500 calls for right at 5% earnings growth; however there are concerns about the impact of a strong dollar on overseas revenue. Not much in the way of economic data today. The economy added at least 200,000 new jobs in seven of the past eight months and all signs point to similarly strong hiring through the end of the year. The latest evidence? A ninth straight increase in the employment trends index produced by the Conference Board, a nonprofit economic-research firm. The index is now 6.1% higher than a year ago. Slightly less optimistic is the new, broader, all-purpose employment index from the Federal Reserve, it’s called labor market conditions index; it was up 2.5 points last month after an increase of 2.0 in August. This is a new index the Fed has built that draws on 19 separate jobs-related measures to give …

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