Market Weekly: February 3 – 8 2020

Viewing 15 posts - 1 through 15 (of 29 total)
  • Author
  • #23001

    [color=blue][i][b]Where have we been and where are we … Wishing all a great week ahead :cheer:
    Happy Groundhog’s Day — Punxy Phil did NOT see shadow — that would scare back in hole for 6 more weeks :woohoo:
    This is a prediction of an early Spring — and indeed long range for FEBRUARY is mild & seasonable 8)

    Happy SUPER SUNDAY also … as Super Bowl 54 features KC v. SF with teams fairly evenly matched
    May the force be with us this week to better contain virus outbreak, wrap up impeachment & stablize markets ๐Ÿ˜† [/b][/i][/color]



    [color=purple][b][i]GOOD MONDAY morning to all … will be near record warmth in SW VA (70F) & taking 1/2 day off in afternoon to enjoy ๐Ÿ™‚
    DOW FUTURES up around +120 from the major oversell on Friday

    CONGRATS to KANSAS CITY …. LOL — We turned the game off with about 7-8 minutes as I thought surely SF had won โ€“ and was surprised to see KC get the victory with 3 TDs in last few minutes of game 8)[/i][/b][/color]


    [color=orange][b]Sixty-one years ago today, a plane crash took the lives of performers Buddy Holly, the Big Bopper, and Ritchie Valens.
    They were on their way to Fargo, North Dakota, to continue the Winter Dance Party Tour planned to cover 24 cities in just three weeks. Holly hired the plane after the trio’s tour bus had mechanical problems February 3, 1959; the day was immortalized as “The Day the Music Died” in the Don McLean song “American Pie.


    [b][color=purple][i]Minor 2.7 EARTHQUAKE in central VIRGINIA this morning
    Bambi and me did not even notice (epicenter about 100 miles away in central VA)
    1st FULL MOON also on way tonight (and will be a SUPERMOON as well)[/i][/color][/b]


    [color=limegreen][size=5][b]Dow 28,399.81 143.78 0.51%
    S&P 500 3,248.92 23.40 0.73%
    Nasdaq 9,273.40 122.47 1.34%
    GlobalDow 3,163.53 2.67 0.08%
    Gold 1,581.10 -6.80 -0.43%
    Oil 50.01 -1.55 -3.01%[/b][/size][/color]


    [i][color=purple][b]What a WILD year of the RAT 2020 has become – lol :woohoo:
    A wild outbreak of brand new virus that could impact China’s GDP by 1 or 2 points :sick:

    We actually have counties at borderline of VA wishing to succeed & become part of WEST VA :woohoo:
    This could actually happen down road for our own county to change states — if folks don’t compromise
    due to liberal changes that are being voted in daily — as we become CALIFORNIA of the east ๐Ÿ˜ณ

    An impeached #45 will be giving State of Union speech tonight with Nancy behind him :whistle:
    but it is noted he does not plan to mention but talk about accomplishments & future 8)

    And speaking of election interference Drudge reports following IOWA headlines as their new vote counting app failed … although powers-that-be may want to wrestle away the win from the BERN like they did with super-delegates in 2016 :whistle: Maybe it’s COMPUTERS & new voting app designs causing election interference more so than Russia or Ukraine — as I wouldn’t trust a computer as far as I could throw it ๐Ÿ˜‰

    As Drudge is an “END OF WORLD” type daily news report – some wilder than normal headlines today :pinch: [/b][/color][/i]

    [b][color=red]IOWA BLOWS IT
    SANDERS 00%
    WARREN 00%[/color][/b]


    When $TSLA embodies #SpaceX …..
    Market Summary > Tesla Inc
    780.00 USD +129.43 (+19.89%)
    Closed: Feb 4, 2020
    Pre-market 872.85 +92.85 (+11.90%) #SonicBoom via @elonmusk


    President Trump will deliver his third State of the Union address on Tuesday night, a day before he’s expected to be acquitted in the Senate impeachment trial.

    News reports said Trump would likely speak about the strength of the U.S. economy, recent trade deals and improvements, job creation, health care, national security, and “school choice.”

    Amid Monday’s complicated and heavily criticized Iowa caucuses, The Hill reports that Trump is “likely to use the national platform as a launching pad for his reelection bid” and argue against the election of Democrats.

    With the speech, Trump becomes the second U.S. president to deliver a State of the Union after he was impeached, after President Bill Clinton in his 1999 address.

    At least three House Democrats have said they will not attend the speech, citing what they described as “lies” and “persistent exaggeration” from the president. The address will air live at 9 p.m. ET, 8 p.m. CT, on CBS and CBSN.


    January ISM New York business conditions 45.8 “still underwater” vs 39.1 prior

    Sentiment on future conditions fell to a three-month low,

    39.1 in December was the lowest reading in 3 1/2 years.

    The six-month outlook, which is seen as a short-run guide for current business conditions over time, fell to 57.3.

    A reading greater than 50 indicates a faster pace of activity from the prior month, while a reading less than 50 represents a slower rate of activity.

    Employment,seasonally adjusted index, fell to 56.1.

    Index 866.9 vs 869.0 prior


    [size=5][b]US December factory orders +1.8% vs +1.2% expected But Prior -0.7% revised to -1.2%
    Largest gain in factory goods orders since August 2018 boosted by demand for transportation equipment (7.9 percent vs -8.2 percent). An increase in demand for defense aircraft and parts (168.3 percent) and motor vehicle and parts (0.5 percent) was enough to offset a decline in orders for civilian aircraft and parts (-74.7 percent).
    Orders were down for machinery and electrical equipment, appliances and components.

    Factory orders ex transportation +0.6% vs +0.1% expected
    Prior ex transport +0.3% (revised to +0.2%)

    Revisions to durable goods orders (released Jan 28):

    Durable goods orders +2.4% vs +2.4% initially
    Ex transport -0.1% vs -0.1% initially
    Capital goods orders non-defense ex air -0.8% vs -0.9% initially (prior revised to 0.0% from +0.1%)
    Capital goods shipments non-defense ex air -0.3% vs -0.4% initially


    [size=6][color=purple][b]How high are the markets today?

    “Drug Testing in Order…
    The Dow Jones Had a Line of Tesla It appears”[/b][/color][/size]


    [color=purple][i][b]TESLA up 20% … WOW — nuff said ๐Ÿ™‚
    Plus #45 state of union tonight & anything can happen ๐Ÿ˜†
    CoronaVirus being carefully handled & contained as best as they can for something brand new :ohmy:
    may all end up okay … [/b][/i][/color] 8)
    [color=limegreen][size=5][b]Dow 28,807.63 407.82 1.44%
    S&P 500 3,297.59 48.67 1.50%
    Nasdaq 9,467.97 194.57 2.10%
    Gold 1,558.20 -24.20 -1.53%
    Oil 49.57 -0.54 -1.08%[/b][/size][/color]


    WOW – TESLA blasts off into orbit … both the electric cars & SPACE-X are possibly key in future?
    887.06+107.06 (+13.73%)


Viewing 15 posts - 1 through 15 (of 29 total)
  • You must be logged in to reply to this topic.