Financial Review

End of Quarter, Hit Pause

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-09-28-2018.mp3Podcast: Play in new window | Download (Duration: 13:06 — 7.5MB)Subscribe: Apple Podcasts | Android | RSS…Q3 strong for stocks. Oil remains bullish. FBI to investigate Kavanaugh. No gov shutdown for now. Italy in debt. Tesla tanks. Facebook breached, again. BK for that place that sells that thingy thing. Financial Review by Sinclair Noe for 09-28-2018

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Financial Review

Times Change

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-09-30-2015.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe for 09-30-2015   DOW + 235 = 16,284 SPX + 35 = 1920 NAS + 102 = 4620 10 YR YLD + .01 = 2.06% OIL – .14 = 45.09 GOLD – 12.40 = 1116.30 SILV – .13 = 14.62   This is the last trading day of the third quarter. China’s main stock market posted its worst quarter since 2008 and its smaller Shenzhen index, posted its worst quarter in at least two decades. Markets in Singapore and Indonesia are set to post their worst quarters since the financial crisis. The MSCI Asia ex-Japan Index fell 19.1% from the beginning of the quarter. The Nikkei closed out its worst quarter since 2010 and the ASX its worst since 2011.   European stocks moved higher today, but not enough to recover from the worst quarter in 4 years. The Stoxx Europe 600 index is down about 9.5% for the quarter. Germany’s DAX index down 12% for the quarter. France’s CAC index posted a quarterly loss of 7.3%, and the UK’s FTSE 100 down 7.7%. The Eurozone is back in deflation. Consumer prices slipped 0.1% year-over-year in September.   The major U.S. averages had a rough third quarter. Concerns about spillover from slowdown in China and the timing of a Federal Reserve rate hike sent markets into correction territory, or more than 10 percent below their 52-week highs, in late August. …

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Financial Review

Third Quarter Wrap

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-09-30-2014.mp3Podcast: Play in new window | Download (Duration: 13:15 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review DOW – 28 = 17,042 SPX – 5 = 1972 NAS – 12 = 4493 10 YR YLD + .02 = 2.51% OIL – 3.14 = 91.43 GOLD – 6.30 = 1209.70 SILV – .49 = 17.07 We wrap up the third quarter of 2014. The Dow Jones Industrial Average is up 3.4% year to date; and it is up about 11% from the lows of February. Ten of the 30 Dow stocks are up more than 10% year to date. Eight of the Dow stocks are in negative territory for the year, even after adding in divdends. The best performing Dow stocks are Intel (up 37% ytd) and Microsoft (up 28% ytd). The worst performing Dow stocks are Boeing (down 5% ytd) and United Technologies (down 6% ytd). The Dow lost 55 points, or 0.3%, for the month, and for the third quarter the Dow added 217 points or 1.3%. The S&P 500 dropped 31 points, or 1.5% in September, and added 12 points for the quarter; and that was good enough for the seventh consecutive quarterly gain, the best run for the S&P 500 since 1998. The Nasdaq Composite lost 87 points, or 1.8%, for the month, but added 85 points for the third quarter. The Russell 2000 index of small cap stocks lost 69 points, or 5.8% in September; and posted a loss of 98 points, or 8.1% for …

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Monday, September 30, 2013 – Politically Dysfunctional Insanity

Politically Dysfunctional Insanityby Sinclair Noe DOW – 128 = 15,129SPX – 10 = 1681NAS – 10 = 377110 YR YLD – .04 = 2.61%OIL – .56 = 102.31GOLD – 8.30 = 1328.90SILV – .07 = 21.81 We’ll get to the shutdown and all that fun politically dysfunctional insanity in just a moment, but first we need to wrap up the third quarter. The Dow Industrials are up about 260 points for the third quarter, and the S&P500 is up 80 points. Year to date the Dow has gained about 2000 points and the S&P has gained about 260. Since the start of the year, the yield on the 10 year Treasury note has climbed from around 1.75% to 2.51% at the end of the second quarter (briefly touching 3%). Oil prices dropped from around $110 in just about a week’s worth of trading, but prices are up about $10 dollars since the start of the year, and down about $1 for 3Q. If you’re wondering how the Sell in May idea has worked out, well the Dow is down about 130 points from the May sell signal and the S&P is down 35 points. So, Sell in May is looking good and could look a whole lot better if the government shuts down in a little less than 5 hours. Tomorrow, the fourth quarter begins. A potential federal government shutdown looms at midnight.So, the question is whether underperforming Wall Street traders will push prices higher in the face of government …

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Thursday, November 29,2012 – Place Your Bets

Place Your Bets by Sinclair Noe Let’s start with the important numbers today: 5, 16, 22, 23, 29, and the Powerball 6. And I did not win. Somebody in Missouri and somebody in Phoenix are holding the winning tickets. Not me. All I’m holding is a $10 piece of paper which is my donation to the tax fund for the mathematically challenged. DOW + 36 = 13,021SPX + 6 = 1415 NAS + 20 = 301210 YR YLD un = 1.62%OIL + 1.23 = 87.72GOLD + 6.00 = 1726.80SILV + .50 = 34.27 The U.S. economy grew at a 2.7 percent annual rate from July through September, much faster than first thought. The Commerce Department said growth in the third quarter was significantly better than the 2 percent rate estimated a month ago. And it was more than twice the 1.3 percent rate reported for the April-June quarter. The main reason for the upward revision to the gross domestic product was businesses restocked at a faster pace than previously estimated. That offset weaker consumer spending growth. The fourth quarter GDP is expected to drop back down below 2 percent because of Hurricane Sandy, which put the brakes on all sorts of business activity along the East Coast. And then the other reason cited for the possible fourth quarter slowdown is the fiscal cliff. (Sorry, we just can’t get through the day without talking about it.) So, here is the annotated version of today’s fiscal cliff report: a little partisan sniping, …

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