Market Weekly: Aug 21-Aug-25-2017

Viewing 15 posts - 16 through 30 (of 41 total)
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  • #11362
    Helmholtz Watson
    Participant

    With all the fear talk the S&P fell about 3% from the August peak to trough and the Nasdaq fell about 4.3% from the peak to the trough. Makes you wonder the reaction when there is a routine correction with all this margin debt.

    #11370
    Assistanc3
    Participant

    ESPN pulls announcer Robert Lee from University of Virginia football game

    ESPN OFFICIAL STATEMENT

    โ€œWe collectively made the decision with Robert to switch games as the tragic events in Charlottesville were unfolding, simply because of the coincidence of his name. In that moment it felt right to all parties. Itโ€™s a shame that this is even a topic of conversation and we regret that who calls play by play for a football game has become an issue.โ€

    this is a picture of Robert Lee

    #11371
    Assistanc3
    Participant

    [quote=”Helmholtz Watson” post=1093]With all the fear talk the S&P fell about 3% from the August peak to trough and the Nasdaq fell about 4.3% from the peak to the trough. Makes you wonder the reaction when there is a routine correction with all this margin debt.[/quote]

    #11372
    Super Harley
    Participant

    I couldn’t believe this when told – is ESPN becoming a parody of CNN – the height of ignorance and stupidity here there are no words for.

    #11381

    [color=red][b]PPPLLLUUNNGGEEEE … Early selling on WALL ST … DOW down about 70

    I wonder if it’s because someone removed my favorite statue[/b][/color] ๐Ÿ˜‰ ๐Ÿ™‚

    #11392
    ThePitBoss
    Participant

    UK FTSE closing prices

    FTSE100 7,382.65 +0.91 (+0.01%)
    FTSE250 19,743.22 -7.98 (-0.04%)
    FTSEAIM100 5,106.61 -22.62 (-0.44%)

    #11400
    Assistanc3
    Participant

    President Trump “I think we’ll end up probably terminating NAFTA at some point.”

    July New Home Sales: 571K vs. 610K expected, 610K prior (revised from 630K).

    Aug. U.S. PMI Composite: 56.0 vs. 54.3 consensus, 54.2 prior.
    Services PMI 56.9 vs 54.8 consensus, 54.2 prior.
    Manufacturing PMI 52.5 vs 53.2 consensus, 53.2 prior.

    MBA Mortgage Applications
    Composite Index: -0.5% vs. +0.1% last week.
    Purchase Index: -2.0% vs. -2.0%.
    Refinance Index: +0.3% vs. +2.0%
    30 year mortgage rate remains unchanged at 4.12%.

    #11401
    Assistanc3
    Participant

    At the close

    Dow -0.40% to 21,812.23. S&P -0.35% to 2,444.42. Nasdaq -0.30% to 6,278.69.
    Treasurys: 30-year +0.58%. 10-yr +0.28%. 5-yr +0.16%.
    Commodities: Crude +1.15% to $48.38. Gold +0.36% to $1,295.62.
    Currencies: Euro +0.5% vs. dollar. Yen -0.55%. Pound +0.17%

    #11403
    ClemSnide
    Participant

    That was just to piss off Arnold after his comments – Donald is the new ‘Terminator’ ๐Ÿ™‚

    #11408

    Some orderly selling and small % loss at close … no complaints from me & tomorrow is another new day on the stock market roller coaster ๐Ÿ™‚

    #11410
    Assistanc3
    Participant

    all Donald has to do is hint that he has tax reform and market will roar 2% that day and 5% that week

    Its not as if the Fed knows what its doing
    so how could investors?

    #11416
    TradersCom
    Keymaster

    If he’s smart he will save that one on a real plunge day to catch shorts and spin it around

    #11420
    ThePitBoss
    Participant

    Premarket %
    [color=green]$SIG +19
    $LTRX +17
    $MIK +14
    $ANF +14
    $GES +13
    $TLYS +11
    $DLTR +10
    $TTNP +10
    $BURL +8
    $WSM +8
    $SHLD +7[/color]
    [color=red]$HRL -9
    $IMNP -6
    $SJM -6[/color]

    #11422
    ThePitBoss
    Participant

    [b]Jackson Hole Agenda will be released 6pm local time in Jackson Hole on Thursday 24 August 2017
    [/b]
    The 2017 Economic Symposium, “Fostering a Dynamic Global Economy,” will take place August 24-26, 2017

    #11424

    [b][color=purple][size=5]^^^^ +1 @ the BOSS … The DOVES will indeed be gathering at Jackson Hole, Wyoming to watch the next eclipse between FREE FED MONEY and the BANKING industry ๐Ÿ˜‰ ๐Ÿ™‚

    Fearful of awakening market bears, Yellen and Draghi to tread softly at Jackson Hole[/size][/color][/b]
    http://www.marketwatch.com/story/fearful-of-awakening-market-bears-yellen-and-draghi-to-tread-softly-at-jackson-hole-2017-08-24

Viewing 15 posts - 16 through 30 (of 41 total)
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