Market Weekly: Jan 22 Jan 26 2018

Viewing 15 posts - 1 through 15 (of 32 total)
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  • #14578
    Assistanc3
    Participant

    This weeks U.S. market data includes Markit purchasing managers’ indices…

    [article]523[/article]

    #14579
    Assistanc3
    Participant

    #14583
    Assistanc3
    Participant

    Happy Birthday CautiousInvestor

    #14584

    [i][color=purple][b]^^^ +3 and THANK YOU for excellent insight for week ahead 8)

    P.S. Hopefully our GOVT can “reboot” this week and get back on track in trying to serve people of our great land — futures are down only slightly even though we are shutdown (as that might curtail a FED rate hike due to impacts) … and even if deal is reached we have 3 weeks of relief & then we get to do this all over again :([/b][/color][/i]

    #14585

    WALL STREET relief rally — SHUTDOWN will end with vote in a few minutes as “DEAL” reached to extend funding 3 more WEEKs

    #14586
    Assistanc3
    Participant

    At the close
    Dow +0.55% to 26,214.23. S&P +0.81% to 2,832.92. Nasdaq +0.98% to 7,408.59.
    Treasurys: 30-year +0.13%. 10-yr +0.02%. 5-yr +0.01%.
    Commodities: Crude +0.68% to $63.74. Gold +0.09% to $1,334.30.
    Currencies: Euro +0.29% vs. dollar. Yen +0.23%. Pound -0.94%.

    #14587
    Assistanc3
    Participant

    Philadelphia Energy Solutions LLC, owner of an oil refinery that supplies more than a quarter of the U.S. east coast’s crude refining capacity, filed for bankruptcy with a plan that could allow it to shed some environmental costs.

    The restructuring would allow PES to emerge a new company with the same stakeholders, according to the firm’s chief executive. Court filings show it intends to do so through a sale that will erase $300 million to $350 million of compliance costs. Those expenses helped spur the Chapter 11 filing by PES, which runs the largest oil refinery serving the New York Harbor gasoline and diesel market. It’s a joint venture between Carlyle Group LP and Energy Transfer Partners LP subsidiary Sunoco Inc.

    The compliance costs include “renewable identification numbers” or RINs, which the company was forced to buy under a federal program that has cost $832 million since 2012, the court filing shows. The purchases create an “unpredictable, escalating and unintended compliance burden” that amount to twice the cost of payroll and almost 1-1/2 times capital expenditures, the company said.

    https://www.bloomberg.com/news/articles/2018-01-22/biggest-u-s-east-coast-oil-refiner-seeks-bankruptcy-protection

    #14588
    Assistanc3
    Participant

    US Govt will open for 17 days under new deal

    #14590
    Assistanc3
    Participant

    #14591


    [size=5][b][color=limegreen]DANGER DANGER WILL ROBINSON :ohmy: :ohmy: :ohmy: :ohmy:
    KRYTO-CURRENCIES tanked today 😳
    1,000 swings + or minus are common :woohoo: :woohoo:
    You can be a BULL or BEAR in the same day 😆 [/color][/b][/size]

    https://www.youtube.com/watch?v=lKXr86h8Ww0

    #14595

    SUPER GREEN & RECORD SETTING finish for EQUITIES 8)

    #14601

    [b]Prayers & deepest sympathies for those impacted in Kentucky school shooting — 2 perished & 17 injured all around 15 years old — shooter arrested
    https://www.usatoday.com/story/news/nation/2018/01/23/governor-one-dead-others-wounded-kentucky-school-shooting/1057149001/%5B/b%5D

    #14602
    Assistanc3
    Participant

    hate reading about these tragedies with young children
    wtf is so bad in ones life to do this? how can there be so much hate for people someone doesn’t know

    and what are the parents doing instead of teaching the kids morals and values?

    #14603
    Assistanc3
    Participant

    January Richmond Federal Reserve Manufacturing Survey: +14 vs. +18 expected, +20 prior.

    #14606
    Assistanc3
    Participant

    At the close
    S&P +0.22% to 2,839.12. Nasdaq +0.71% to 7,460.87.
    Treasurys: 30-year +0.27%. 10-yr +0.23%. 5-yr +0.13%.
    Commodities: Crude +1.89% to $64.77. Gold +0.66% to $1,340.70.
    Currencies: Euro +0.24% vs. dollar. Yen -0.53%. Pound -0.06%.

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