Financial Review

St. Patrick’s Day Minus the Green

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-03-17-2017.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: iTunes | Android | RSS…..Quad witch calm. G20 blah. Merkel-Trump blah. Tillerson’s diplomatic bomb. Apple in China. Google haters. Mule IPO. Manufacturing output rose. Consumer sentiment rose, but politically divided. LEI up. Tesla has an ATM. JCPenneystill selling Christmas sweaters. Wells Fargo and the spineless board. March Madness bets. Cheers. Financial Review by Sinclair Noe for 03-17-2017

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Financial Review

No Matter How Long the Winter

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-03-20-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: iTunes | Android | RSSFinancial Review by Sinclair Noe DOW + 168 = 18,127 SPX + 18 = 2108 NAS + 34 = 5026 10 YR YLD – .04 = 1.93% OIL + 1.76 = 45.72 GOLD + 11.40 = 1183.40 SILV + .62 = 16.83   The Nasdaq Composite is back above 5,000. It couldn’t close above the old record high of 5048 from March 10, 2000, but it is close. Even with today’s advance it remains a long way from its intraday high of 5,132, reached the same day. For the week, the Dow gained 2.1 percent while the S&P 500 rose 2.7 percent, both snapping a three-week run of losses. The Nasdaq ended up 3.2 percent.   In London, the FTSE 100 Index hit a fresh record and climbed above 7,000 for the first time. The benchmark gauge of U.K. stocks climbed 0.9 percent to close at 7,022.51 in London, doubling since a low in 2009.  The index first surpassed its dotcom era record last month, having taken more than 15 years for it to regain all the losses from the burst of the tech bubble.   Today is a quadruple witch, and then some.  Index futures, stock index options, stock options, and single stock futures all expire Friday as the first quarter nears its end. Today also marks a rebalancing of the S&P 500 index, to reflect things like mergers, acquisitions, or other changes. About $15.9 billion of shares were …

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