Market Weekly: November 3 – 9 2019

Viewing 15 posts - 31 through 45 (of 49 total)
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    Mississippi is the most obese state in the country, according to a new report from personal finance site WalletHub.

    The study ranked each state and the District of Columbia in three categories: “obesity and overweight prevalence,” “health consequences” and “food and fitness.” On the other side of the spectrum, Utah is the least obese state in the country.


    truly is amazing how the “left” can get away with racism as long as it prevents the “right” from taking power. No fault on the politicians, its the voters who are the hypocrites

    [quote=”Helmholtz Watson” post=12243][quote=”Assistanc3″ post=12239]looks like a Democrat state government for the first time since 1994[/quote]

    Republicans, however, hope that scandals among the three top statewide Democratic officials could give voters pause. Gov. Ralph Northam and Attorney General Mark Herring both admitted earlier this year to wearing blackface when they were younger, and two women have accused Lt. Gov. Justin Fairfax of sexual assault, which he denies.[/quote]


    [color=green][size=5][b]Overnight ramp? Why yes – everything is beautiful & fixed!.
    Headline: #China commerce ministry ready to negotiate on how much tariffs can be cancelled
    Note lots of ifs and buts but $ES_F #oil $AUDUSD $USDJPY
    algos do their bit![/b][/size][/color]


    [i][size=5]@A3 — TECH TIP if you use WIN7 or WIN10 — the CHROME version of EDGE has become my default browser
    (although I love Firefox as my HTML swiss army knife & Opera is beautiful simple browser)
    IE11 and WIN10 original version of EDGE are NOT good default browsers so share as way to make WIN10 so much better 8)

    As bonus this was theme song for WIN8 Microsoft used for it’s original launch
    from my favorite “indie” group 2010-2015 as I have everything they have ever done :)[/size][/i]

    and naturally some bonus material of some FAVs 8)


    [size=5][color=green][b]A3 might know more on Fairfax – our holding company
    as I ultimately work for the great Warren Buffet of CANADA – lol 😉 🙂
    Holds stake in Indian company QUESS (250,000+ employees in India & USA)
    And Prem must have done something good as shares are rallying back some today
    as I do buy these in our ESOP program each paycheck:)[/b][/color][/size]

    And more bonus material for A3’s playlist 😉 8)


    [size=6][color=green][b]DOW=+200 … when it comes to EQUITY MARKETS
    Do not fight the FED …or #45 — just saying 😉 :)[/b][/color][/size]


    [b]US sells $19 billion of 30 year bonds at high yield of 2.430% v WI at 2.424%
    US sells 30 year at a high yield of 2.43%. That is a touch higher than the WI level at 2.424% at the auction time
    Bid to cover 2.23x = 6-month ave of 2.23x
    Dealers 20.73% v 6-month ave of 26.9%
    Directs 20.5% v 6-month ave of 14.5%
    Indirects 50.8% v 6-month ave of 58.6%


    [color=limegreen][size=6][b]Dow 27,675.07 182.51 0.66%
    S&P 500 3,082.58 5.80 0.19%
    Nasdaq 8,434.52 23.89 0.28%
    Gold 1,469.60 -23.50 -1.57%
    Oil 56.87 0.52[/b][/size][/color]


    [size=5][i]Next to last performance before a favorite indie group broke up in 2015
    One of my FAVs of all time – bar none 8)[/i][/size]


    Ego knows no bounds…

    Former New York City mayor Michael Bloomberg may be preparing to enter the 2020 Democratic presidential primary.

    People familiar with the matter say Bloomberg is expected to file paperwork designating himself as a candidate in Alabama. Though Alabama does not hold an early primary, it has a Friday deadline for candidates to formally enter the race. While advisers say Bloomberg has not made a final decision on whether to run or not, he has dispatched staffers to Alabama to gather signatures to qualify for the primary there. Bloomberg initially decided against running in the 2020 race due to former Vice President Joe Biden’s apparent strength, but has since grown skeptical that Biden is on track to win the Democratic nomination, according to several sources. — BBC


    Wholesale inventories for September (F) -0.4% v -0.3% estimate Last -0.3%

    Wholesale trade sales MoM for September 0.0% versus 0.2% estimate.
    Last month revised to -0.1% from 0.0%.

    Auto stocks slumped 1.2 percent (vs -0.3 percent in August)
    Furniture inventories declined 1.7 percent (vs -0.9 percent in August).
    Other notable decreases were recorded for metals (-0.8 percent vs -0.5 percent), drugs (-2.2 percent vs 0.6 percent), groceries (-1.2 percent vs 0.0 percent), farm products (-4.9 percent vs -2.9 percent), and petroleum (-2.0 percent vs -3.9 percent).

    Year-on-year, wholesale stocks rose 4.8 percent in September.

    Wholesale Inventories in the United States averaged 0.39 percent from 1992 until 2019, reaching an all time high of 2.10 percent in May of 2011 and a record low of -2 percent in March of 2009. source: U.S. Census Bureau


    University of Michigan consumer sentiment for November (P) 95.7 v 95.5 estimate Last month 95.5

    Current conditions 110.9 versus 113.5 estimate. Last month 113.2
    Expectations 85.9 versus 85.0 estimate. Last month 84.2
    1 year inflation 2.5% versus 2.5% last month
    5 – 10 year inflation 2.4% versus 2.3% last month


    [color=green][size=5][b]Dow 27,681.24 6.44 0.02%
    S&P 500 3,093.08 7.90 0.26%
    Nasdaq 8,475.31 40.80 0.48%
    Gold 1,459.10 -7.30 -0.50%
    Oil 57.44 0.29 0.51% [/b][/size][/color]



    I had to go to Edge on the WIN10 computer as that seems to be the only browser that will stream my TV shows via “On Demand” from my provider …legal one at that. Rogers (my TV/internet/phone) provider uses FLASH which FF doesn’t like and Chrome ending support for in 2020.

    Impressive that a internet provider knows so little about the internet

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