Financial Review

Drifting Higher Play in new window | Download (Duration: 13:16 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS…Waiting for Super Thursday. Testimony today on Capitol Hill reveals nothing. Trump pushes infrastructure plan. NSA intelligence on Russia hack attempt on voting featuring Reality Winner. Bill Gross and high risk. Bankruptcies rise. Oil tumbles on inventory new. Book a flight to Europe – you can afford it. Toshiba sale. Don’t forget Canada.   Financial Review by Sinclair Noe for 06-07-2017


Friday, September 21, 2012 – It’s Not Whether You’re Right or Wrong

It’s Not Whether You’re Right or Wrong by Sinclair Noe DOW – 17 = 13,579 SPX – 0.11 = 1460NAS + 4 = 317910 YR YLD – .02 = 1.76%OIL + .47 = 92.89GOLD + 4.50 = 1774.00SILV – .12 = 34.62PLAT + 11.00 = 1641.00 Let’s be very clear on what has happened over the past week or so. You already know the Fed announced QE3 to infinity or 5.5% unemployment plan (whichever comes first). What does that really mean? It is probably a very, very bullish event for stocks and commodities. We talked about commodities and equities moving higher in anticipation, and we saw silver move up about 33% over the past month; gold up 14%; the Dow Industrials picked up almost 600 points; the S&P 500 up about 60. Since March 2009, Gold is up 97%, silver is up 162%, oil is up 122%, and the Continuous Commodity Index (CCI) is up 55%. And then we’ve seen some consolidation over the past week, exactly as we anticipated, because this was the pattern that we saw after previous QE announcements, but you’ve got to suspect QE3 means the Fed has flipped the switch to risk-on. Maybe you also remember that back in the Spring I brought up the old adage about the best and worst 6 months in the market; you remember, “Sell in May and stay sway.” Well, the S&P 500 is up about 50 points from May 1st. If you missed that, don’t feel bad because …