Market Weekly: Oct 14 – Oct 20 2018

Viewing 15 posts - 1 through 15 (of 40 total)
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    Where have we been and where are we…



    Thank you for the great insight – you have been most helpful pointing out the threats a head with this manic chaotic world will live – thankfully this past week was expected rather than a surprise. Much appreciated.


    [i]Brrrrrrr[/i”> …WINTER is on the way :woohoo:


    A cool down would be welcome at this time 🙂

    Super Harley

    Earnings kicking in again right as the market is on a ledge – nervous stockholders out there


    SLB on Friday will be telling for the oil and gas market – am interested in the non US forecast in their CC


    US October Empire manufacturing 21.1 vs 20.0 expected, Prior unrevised 19.0

    New orders 22.5 versus 16.5
    Employment 9.0 versus 13.3 last month
    Six-month business conditions 29.0 versus 30.3 last month
    Prices paid 42.0 versus 46.3 last month


    [b]US September advance retail sales +0.1% vs +0.6% expected, Prior +0.1% (unrevised)

    Ex autos -0.1% vs +0.4% exp
    Prior ex autos +0.3% (revised to +0.2%)

    Ex autos and gas 0.0% vs +0.4% exp
    Prior ex autos and gas +0.2% (revised to +0.1%)
    Control group +0.5% vs +0.4% exp
    Prior control group +0.1% (revised to 0.0%)

    Autos rose 0.8%, building materials rose 0.1% and gasoline station sales fell 0.8%.

    Gains from furniture (+1.1%) and electronics/appliances (+0.9%)

    Losses from health and personal care stores (-0.3%)


    [b]US August business inventories +0.5% as expected
    Prior +0.6% (revised to +0.7%)

    Business sales +0.5% vs +0.2% prior
    Inventory-to-sales ratio 1.34 months vs 1.34 months prior



    DAX30: 4H – And DAX is at the same time tracking this fractal targeting 11k area/level

    via Key Trader @KeyTrader1


    [color=teal][size=5][b]BREAKING NEWS — Pocahontas is between 1/64th (1%) to 1,024th “native American” (0.008%)
    after DNA testing this weekend 😉 :whistle: :whistle: :whistle: She is predominantly European 8)[/b][/size][/color]

    Phil Kerpen pointed out and as this chart attests, being 6-10 generations removed means that she was at best 1/64th native American, but potentially 1/1,024th. Even this is only the “likely” range and far from exact. But Warren, as the Globe notes, did far more than that. “During her academic career as a law professor, she had her ethnicity changed from white to Native American at the University of Pennsylvania Law School, where she taught from 1987 to 1995, and at Harvard University Law School, where she was a tenured faculty member starting in 1995.” When she taught there, Harvard Law promoted the idea that she was Native American to help demonstrate the diversity of the school’s faculty.


    Atlanta Fed Q3 GDP lowered to 4.0% vs 4.2% prior

    “After this morning’s retail sales report from the U.S. Census Bureau, the nowcast of third-quarter real personal consumption expenditures growth fell from 3.6 percent to 3.3 percent,” the report said.


    [size=6][b][color=red]Dow 25,250.55 -89.44 -0.35%
    S&P 500 2,750.79 -16.34 -0.59%
    Nasdaq 7,430.74 -66.15 -0.88%[/color]
    Gold 1,231.80 1.50 0.12%
    Oil 71.30 -0.48 -0.67%[/b][/size]


    US September industrial production +0.3% vs +0.2% expected, Prior +0.4%

    Manufacturing production +0.2% vs +0.2% exp
    Prior manufacturing production +0.2% (revised to +0.3%)

    Capacity utilization 78.1% vs 78.2% exp

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