Financial Review

Thank You

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-11-10-2017.mp3Podcast: Play in new window | Download (Duration: 13:15 — 7.6MB)Subscribe: Apple Podcasts | Android | RSS…..Stocks slip for the week. Focus on tax cuts but the devil is in the details. Oil drops. Consumer sentiment up. 3 men v. 160 million. Baba’s Singles’ Day. Earnings. Veterans Day tomorrow – thank you. Financial Review by Sinclair Noe for 11-10-2017

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Financial Review

Like a Bird on a Wire

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-11-11-2016.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSS…..Dow record high. Commodities, financials up. Bonds, tech and emerging markets down. Fed jawbones for higher rates. Trump transition takes shape. Trumpcare takes shape vaguely. Happy Singles Day. App judgment. Super moon rising. Veterans Day thanks. Financial Review by Sinclair Noe for 11-11-2016

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Financial Review

Veterans Day 2015

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-11-11-2015.mp3Podcast: Play in new window | Download (Duration: 13:15 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review by Sinclair Noe for 11-11-2015   DOW – 55 = 17,702 SPX – 6 = 2075 NAS – 16 = 5067 10 YR YLD closed 2.34% OIL – 1.14 = 43.07 GOLD – 3.00 = 1087.20 SILV – .09 = 14.45   “To us in America, the reflections of Armistice Day will be filled with solemn pride in the heroism of those who died in the country’s service and with gratitude for the victory, both because of the thing from which it has freed us and because of the opportunity it has given America to show her sympathy with peace and justice in the councils of the nations…” Those were the words of President Wilson in 1919, one year after hostilities ended in World War I on this date in 1918, in the 11th hour, of the 11th day, of the 11th month. Back then it was called Armistice Day. Today we call it Veterans Day. And for all the veterans – Thank you.   The 11th day of November is celebrated in China as Singles Day, symbolized by the four lonely 1s of 11/11. Apparently, this is kind of the anti-Valentine’s Day. Alibaba broke its own record for sales on China’s Singles Day, the world’s largest Internet shopping event, generating more than $9.3 billion in gross merchandise volume by midday Wednesday. Sales now look on track to hit $13 billion. More records: …

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Financial Review

Veterans Day 2014

http://media.blubrry.com/eatthebankers/p/content.blubrry.com/eatthebankers/SINCLAIR_NOE-SEG_1-11-11-2014.mp3Podcast: Play in new window | Download (Duration: 13:16 — 6.1MB)Subscribe: Apple Podcasts | Android | RSSFinancial Review DOW + 1 = 17,614 SPX + 1 = 2039 NAS + 8 = 4660 10 YR YLD = 2.36% OIL + .12 = 77.52 GOLD + 12.60 = 1165.20 SILV + .14 = 15.85 The Dow and the S&P 500 hit intraday records today, then dipped into negative territory for most of the session, and then in the final minutes managed to eke out gains, good enough for another record high close. The bond market was sort of closed in observation of Veterans’ Day. The US Treasury observes the holiday, and since much of the bond market deals with Treasuries, most bond traders take the day off. Stock traders just keep trading. The stock market used to take a 2-minute pause to recognize veterans, but that ended a few years ago. Wall Street just doesn’t seem to have much respect. Back in the early 70’s, the politicians tried to change Veterans’ Day to October so it could be a Monday holiday, but that didn’t last long. Veterans’ Day of course sprang from Armistice Day, and the end of World War I, on the 11th hour of the 11th Day of the 11th month, the great guns went silent, and the war to end all wars was ended. A bunch of companies are offering deals for veterans. There are a bunch of restaurants offering a free meal or lunch or appetizers. Here’s …

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Uncategorized

Monday, November 11, 2013 – Fed Stuck As Other Central Banks Race to Bottom

Fed Stuck As Other Central Banks Race to Bottom by Sinclair Noe DOW + 21 = 15,783SPX + 1 = 1771NAS + 0.56 = 3919OIL + .54 = 95.14GOLD – 7.60 = 1282.90SILV – .16 = 21.45 A fairly boring day on Wall Street ended with the major averages in positive territory and that was good enough for record highs on the Dow Industrial. The bond market was closed because of the Veterans Day holiday. Volume on the S&P 500 was down by about 23%. Of the 447 S&P 500 companies that have released third-quarter profits so far, 75% have beaten analysts’ forecasts. Earnings per share for the companies that have reported, increased 4.7% in the third quarter. All fairly good news. This will be a relatively light news week. Key economic reports include Thursday’s Sep trade deficit (expected to widen to -$39.0 from -$38.8 in Aug) and Friday’s Oct industrial production report (expected -0.1%). The Treasury this week will conduct its $70 billion quarterly refunding operation. There are speaking engagements by Minneapolis Fed President Kocherlakota and Atlanta Fed President Lockhart on Tuesday and by Philadelphia Fed President Plosser on Thursday. Fed Chairman Bernanke will hold a town hall meeting with educators on Wednesday in Washington D.C. One quick point that I didn’t get to last week, last Thursday, during a speech, New York Fed president William Dudley said that some of America’s largest financial institutions appear to lack respect for the law. Dudley suggested that regulators may be stymied by …

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Friday, November 9, 2012 – Thank a Veteran

Thank a Veteran by Sinclair Noe DOW + 4 = 12,815 SPX + 2 = 1379 NAS + 9 = 2904 10 YR YLD -.02 = 1.61% OIL + 1.06 = 86.15 GOLD – 1.10 = 1731.80 SILV + .32 = 32.73 Speaker of the House John Boehner held a press conference this morning. Boehner repeated that House Republicans won’t agree to higher income-tax rates but said they would be open to limiting tax breaks as part of an agreement with Democrats. A couple of hours later, President Obama said any deal would have to result in wealthy Americans paying more in taxes. Following up, Obama’s spokesman said later that the president would veto any legislation extending tax cuts for families making $250,000 or more.  Obama said he had invited congressional leaders of both parties to the White House next week for their first post-election negotiations. Their assignment: don’t go over the fiscal cliff; avert the tax increases and automatic spending cuts due to hit in January.  Both sides agree that failure to address the automatic tax increases and spending cuts could cripple the economy. The congressional budget analysis said the automatic tax increases and spending cuts would cut the deficit by $503 billion through next September but the fiscal austerity would cause the economy to shrink by 0.5 percent next year and would cost millions of jobs. The new study estimates that the nation’s gross domestic product would grow by 2.2 percent next year if all Bush-era tax rates …

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