Market Weekly: October 13 – 19 2019

Viewing 15 posts - 1 through 15 (of 22 total)
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  • #22142

    [b][color=purple][i]Where have we been and where are we … and wishing all a great week ahead 8)
    and times are highly volatile politically in USA plus all the skirmishes around the world
    and what is often helpful is to turn off news channel & explore the creation & beauty of great outdoors
    even though the “creatures of the night” are constantly re-enacting the story of “Robin Hood” each night – lol 8)[/i][/color][/b]

    [article]1757[/article]

    #22144

    [b][color=teal][size=5][i]Beautiful FULL MOON in SW VA — called “HUNTERS MOON” ๐Ÿ˜‰
    Photo above is in Sweden from “Earth Sky” site to track astronomy developments 8)
    Gunfire abounds as hunting season is underway :ohmy:
    and indeed hopeful Bambi & herd are safe in hiding :unsure:
    as the great venison harvest is full scale now :woohoo:
    and huge herds do need to be thinned — but some have become pets 8)[/i][/size][/color][/b]

    #22145

    [color=teal][size=5][b]Good MONDAY morning to all …
    DOW futures down -125 as we start a new week with many concerns :unsure:

    HAPPY COLUMBUS DAY ๐Ÿ™‚
    IN CANADA — HAPPY THANKSGIVING DAY 8)
    Ohhhh the humanity as LIBERALS/HIPPIES OUT THERE —
    celebrate HAPPY “INDIGENOUS PEOPLES DAY” – LOL :woohoo:

    Documentaries to celebrate all 3 below[/b][/size][/color]

    https://www.youtube.com/watch?v=uAdv7l-mfp8

    Life in America — before old Chris destroyed it – lol ๐Ÿ˜‰ :ohmy:
    https://www.youtube.com/watch?v=whP9RL5huhE

    #22146
    Helmholtz Watson
    Participant

    US Treasury Secretary Mnuchin on Trade Deal

    There is a fundamental agreement in principle.
    There are still some issues that need to be worked out. But we have every expectations that phase 1 will close
    Progress made last week. Phase 1 deal is substantial
    Every expectations that if US China trade deal is not in place December 15 tariffs will be imposed, but expects a deal
    Dispute resolution mechanism is important
    There needs to be a dispute resolution enforcement provisions
    China will step up agricultural purchases

    Via CNBC

    #22148

    [color=red][size=5][b]Dow 26,787.36 -29.23 -0.11%
    S&P 500 2,966.15 -4.12 -0.14%
    Nasdaq 8,048.65 -8.39 -0.10%
    GlobalDow 3,013.69 -7.03 -0.23%
    Gold 1,497.00 8.30 0.56%
    Oil 53.47 -1.23 -2.25%[/b][/size][/color]

    [size=5][i]Good song to celebrate discovery of new world in 1492 8)
    Although if great explorer Columbus saw some things today —
    he may have turned around & went home instead ๐Ÿ˜‰ :woohoo: [/i][/size]

    #22149

    #22151
    ThePitBoss
    Participant

    European Stock Market Close

    [b][color=green]French CAC +1.2%
    German DAX +1.3% (One Year High)
    Italy MIB +1.3%
    Spain IBEX +1.1%
    UK FTSE 100 +0.1%[/color][/b]

    #22154

    [color=limegreen][size=6][b]Dow 27,024.80 237.44 0.89%
    S&P 500 2,995.68 29.53 1.00%
    Nasdaq 8,148.71 100.06 1.24%
    Gold 1,484.90 -12.70 -0.85%
    Oil 52.92 -0.67 -1.25%[/b][/size][/color]

    #22155

    #22157
    TradersCom
    Keymaster

    US September advance retail sales Misses -0.3% vs +0.3% expected Prior +0.4% (revised to +0.6%)

    Ex autos -0.1% vs ++0.2% expected
    Prior ex autos 0.0% (revised to +0.2%)

    Ex autos and gas 0.0% vs +0.3%
    Prior ex autos and gas +0.1% (revised to +0.4%)

    Control group 0.0% vs +0.3% expected
    Prior control group +0.3% (unrevised)

    First fall in 7 months so market not hitting hard and upward revisions but ahead of Oct 30 FOMC meeting and will push some voters towards supporting a cut.

    #22158
    TradersCom
    Keymaster

    President Trump says US-China trade deal is being papered

    Deal probably won’t be signed until he meets Xi in Chile
    China has already started buying agricultural goods

    #22164
    TradersCom
    Keymaster

    Atlanta Fed GDPNow Q3 forecast down to 1.7% from 1.8%

    Latest forecast: 1.8 percent โ€” October 16, 2019

    The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2019 is 1.8 percent on October 16, up from 1.7 percent on October 9. After this morning’s retail trade reports from the U.S. Census Bureau and last week’s price releases from the U.S. Bureau of Labor Statistics, increases in the nowcasts of real personal consumption expenditures growth and real net exports were partially offset by a decrease in the nowcast of real private inventory investment.

    The next GDPNow update is Thursday, October 17. Please see the “Release Dates” tab below for a list of upcoming releases.

    #22167

    [color=red][size=5][b]Dow 27,002.18 -22.62 -0.08%
    S&P 500 2,990.94 -4.74 -0.16%
    Nasdaq 8,124.18 -24.52 -0.30%
    Gold 1,493.70 10.20 0.69%
    Oil 53.32 0.51 0.97%[/b][/size][/color]

    WALL & “K” streets are for those of the “Glamor Profession” ๐Ÿ˜‰ 8)

    #22172
    Truman
    Participant

    Turkey Syria Cease Fire

    Erdogan and Pence reach deal to suspend Turkish incursion in Northern Syria in 120 hours

    US pledging to drop its sanctions on individuals once Turkey halts operations in Syria.

    #22173

    [color=green][size=5][b]Dow 27,025.88 23.90 0.09%
    S&P 500 2,997.95 8.26 0.28%
    Nasdaq 8,156.85 32.67 0.40%
    Gold 1,495.70 1.70 0.11%
    Oil 54.06 0.70 1.31% [/b][/size][/color]

    [size=5][i]Thankful for answered prayer & for truce in Turkey ๐Ÿ˜†
    May God give us a “peaceful world”
    from one of best instrumentals of all time 8)[/i][/size]

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