Market Weekly: May 25 – June 2 2019

Viewing 15 posts - 1 through 15 (of 27 total)
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  • #20741

    [size=5][i]Where have we been and where are we 🙂
    Wishing all a good week ahead & all best as we invest & trade in turbulent times
    HAPPY MEMORIAL DAY 2019 – may GOD bless our veterans & USA 8)[/i][/size]

    [article]1526[/article]

    #20744
    Truman
    Participant

    Happy Memorial Day – Thank You CI and your wonderful Deer Pics.

    God Bless Our Veterans

    #20750
    Truman
    Participant

    [size=5][b]Europe Waiting on the European Elections – Esp UK
    [/b][/size]

    Voting is under way on the last day of the European elections.

    A total of 73 MEPs were voted for in the UK on May 23, with eight of those from London, in a contest in which the Tories are set for heavy defeats.

    All EU nationals had the right to vote in the latest contest, with results from every nation being released on the night of May 26 after the final polling station in the continent closes.

    UK polling stations will opened at 7am on Thursday and closed at 10pm.

    [b]Results expected 10.30pm, Sunday May 26 through to 6pm, Tuesday May 28 for Northern Ireland
    [/b]
    The results will be announced only after all of the nations have finished voting, which is expected to be completed around 10pm on Sunday

    .North East England is expected to be the first to declare results, after 2014’s results came in at 10.15pm.

    There are three seats in the North East, two of which are being defended by Labour and one by the Brexit Party.

    If Labour loses one or both of its seats, it could signal a collapse of the party’s support in its former northern heartlands.

    #20756


    [color=teal][b][size=5]Wishing all a great MEMORIAL DAY holiday as we honor our service men & women
    I always watch both Sunday races & they were exciting
    Plan to take a hike with camera in hand to look for fawns & enjoy great outdoors 8)
    Below are a few items to further commemorate this special day 🙂

    History of MEMORIAL DAY holiday
    https://en.wikipedia.org/wiki/Memorial_Day

    19 Best movies to watch
    https://www.goodhousekeeping.com/holidays/g27432518/memorial-day-movies/

    103rd Indy 500 – Pagenaud holds off Rossi to win (Penske team)
    http://www.espn.com/racing/indycar/story/_/id/26826935/pagenaud-holds-rossi-win-103rd-indy-500

    NASCAR WORLD 600 – won by Martin Truex Jr (Joe Gibbs team)
    https://www.foxsports.com/nascar/racetrax?raceCode=3&season=2019&circuit=2%5B/size%5D%5B/b%5D%5B/color%5D

    #20761
    ThePitBoss
    Participant

    US Consumer shrugs off Trade War and Political Noise To Be Most Positive Since November.

    US Conference Board May Consumer Confidence 134.1 v 130.0 expected
    Prior 129.2
    Present situation 175.2 v 168.3 prior
    Expectations 106.6 v 103.0 prior

    Jobs hard-to-get index at lowest since Sept 2000

    #20763


    [size=5][color=red][b]Dow 25,347.77 -237.92 -0.93%
    S&P 500 2,802.39 -23.67 -0.84%
    Nasdaq 7,607.35 -29.66 -0.39%
    Gold 1,279.00 -4.60 -0.36%
    Oil 58.85 0.22 0.38%[/b][/color][/size]

    #20764
    TradersCom
    Keymaster

    Texas Manufacturing Activity And New Orders Slide With Energy Prices

    Written by TradersCom
    Category: Economy
    Published: 28 May 2019

    The trade war and falling energy prices unintended consequences continue. The Dallas Fed Manufacturing index for May slid negative to -5.3 from expected +5.8, the lowest since December. Worrisome is new orders crashed 75% to +2.4 from +9.8 prior.

    https://traderscommunity.com/index.php/economy/1528-texas-manufacturing-activity-and-new-orders

    #20765
    ThePitBoss
    Participant

    [color=red][b] US Treasury sold $41 billion in 5-year notes at 2.065%.

    Lowest yield since October 2017[/b][/color]

    WI was 2.067% in

    The Fed funds at 2.38% Fed’s target at 2.25%. are both above here with yield curve inverted

    #20766
    ThePitBoss
    Participant

    The gap between 10-year & 3-month U.S. yields just went the most negative since 2007.

    Lisa Abramowicz @lisaabramowicz1

    11 hours later …..

    #20767
    ThePitBoss
    Participant

    Replying to @lisaabramowicz1

    Keep in mind that the spread between the 30-year and the 3-month treasury yields is one of the most interesting spreads to watch and it is still positive ISABELNET @ISABELNET_SA

    #20769
    Helmholtz Watson
    Participant

    Here are the European Election Results – next up the EU power struggle:

    #20771
    Truman
    Participant

    The Department of Justice reports that Mueller will make his first public statement since his report at 11 am ET.

    #20772

    YAY – special council is CLOSING down & will not testify to Congress … While the GHOST of Obstruction past will linger on — it is now time to turn tables & investigate how this all came to be 😉 :whistle: :whistle: :whistle:

    #20773


    [size=5][color=red][b]Dow 25,126.41 -221.36 -0.87%
    S&P 500 2,783.02 -19.37 -0.69%
    Nasdaq 7,547.31 -60.04 -0.79%
    Gold 1,279.00 1.90 0.15%
    Oil 59.06 -0.08 -0.14%[/b][/color][/size]

    #20776

    [color=red][size=5]GET READY :ohmy: :ohmy: :ohmy:
    CHINA MAY FREEZE “RARE EARTH” SHIPMENTS in the TRADE WARS :woohoo: :woohoo: :woohoo: [/size][/color]

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