Market Weekly: Sep 04-Sep-08-2017

Viewing 15 posts - 1 through 15 (of 32 total)
  • Author
    Posts
  • #11561
    Assistanc3
    Participant

    [article]181[/article]

    #11566
    Assistanc3
    Participant

    N. Korea believed to have conducted 6th nuclear test

    South Korea calls national security meeting after earthquake of magnitude 6.3 detected near a North Korean testing area

    #11569
    Assistanc3
    Participant

    Bitcoin topped $5,000 over the weekend, surpassing another key milestone and bringing its year-to-date return to almost 420%.

    Prices have since dropped as much as $400, which may be linked to some substantial BTC holders selling large blocks.

    #11570
    Assistanc3
    Participant

    Stocks in Asia had closed down on Monday, with South Korea’s Kospi falling 1.19 percent to close at 2,329.65. The Nikkei 225 tumbled 0.93 percent, or 183.22 points, to close at 19,508.25; Hang Seng -1%; Sensex -0.9%. European markets also declined, with the pan-European Stoxx 600 erasing 0.52 percent by the market close.

    #11573

    ^^^ +3s and thank you for look ahead at the coming week

    #11575

    [b][color=red][size=5]MINUS 260 — PPPPPLLLLUUUNNNGGGEEEE
    OHHHH THE HUMANITY[/size][/color][/b]

    #11580
    Assistanc3
    Participant

    July Factory Orders: -3.3% vs. -3.2% consensus and -3.2% prior (revised).

    August TD Ameritrade Investor Movement Index: 7.45 vs. 7.09 in July.
    an all-time high, increasing 5.1% to 7.45 as TD Ameritrade clients were net buyers of equities.

    It’s very possible that our rate hikes over the past 18 months are leading to slower job growth, leaving more people on the sidelines, leading to lower wage growth, and leading to lower inflation and inflation expectations,” says Minneapolis Fed President Neel Kashkari.

    “These premature rate hikes that we are embarking on, they’re not free, and I think we need to remind ourselves of that.”

    A voter on the FOMC this year, Kashkari dissented against the March and June rate hikes.

    #11581
    Assistanc3
    Participant

    United Technologies ($UTX) has reached a deal to buy Rockwell Collins ($COL) for $30B

    the biggest-ever aerospace deal

    #11582
    Assistanc3
    Participant

    At the close

    Dow -1.07% to 21,753.24. S&P -0.76% to 2,457.62. Nasdaq -0.93% to 6,375.57.
    Treasurys: 30-year +0.96%. 10-yr +0.42%. 5-yr +0.26%.
    Commodities: Crude +2.75% to $48.59. Gold +1.11% to $1,345.21.
    Currencies: Euro +0.18% vs. dollar. Yen -0.84%. Pound -0.8%.

    #11584
    Assistanc3
    Participant

    Houston businessman Tilman Fertitta agrees to buy Rockets for record $2.2 billion

    #11589
    Assistanc3
    Participant

    [b][size=6]Summer Box-Office Debacle:
    Moviegoing Hits 25-Year Low as Revenue Plummets[/size][/b]

    Revenue plummeted 14.6 percent to $3.83 billion, tying with summer 2014 to mark the worst year-over-year decline in modern history, according to final numbers released Tuesday by comScore. When adjusting for inflation, it’s even worse.

    To boot, it is the first time since 2006 that overall revenue didn’t reach $4 billion.

    The downturn in attendance was even more alarming. Roughly 430 million consumers went to the movies between May 5 and Labor Day, by far the worst showing in at least 25 years.

    Heading into summer, the domestic box office was running comfortably ahead of 2016. Now, it is down more than 6 percent from the same time period last year.

    http://www.hollywoodreporter.com/news/summer-box-office-debacle-moviegoing-hits-25-year-low-as-revenue-plummets-1035459

    #11590
    Assistanc3
    Participant

    Moody’s and S&P both placed UTX on review for a one-notch downgrade, with the former saying the company may have to increase “reliance on inherently uncertain earnings growth to moderate leverage… The time to decrease leverage to United Technologies’ current levels could be lengthy.”

    [quote=”Assistanc3″ post=1314]United Technologies ($UTX) has reached a deal to buy Rockwell Collins ($COL) for $30B

    the biggest-ever aerospace deal[/quote]

    #11593
    Assistanc3
    Participant

    Australia Q2 GDP YoY, 1.8% vs. 1.8% expected
    Australia Q2 GDP QoQ, 0.8% vs. 0.8% expected

    Eurozone Markit Retail PMI Aug: 50.8 (prev 51)

    Germany Factory Orders Jul
    MoM : -0.70% (est 0.20%; prev rev 0.90%)
    WDA YoY : 5.00% (est 5.80%; prev 5.10%

    Italy Retail Sales July
    MoM: -0.20% (est -0.20%; prev 0.60%
    YoY: 0.00% (est 1.20%; prev rev 1.3%)

    #11595
    Assistanc3
    Participant

    BoC Raises Key Rate 25bps to 1%

    Canadian dollar hits 2 year high

    #11596
    Assistanc3
    Participant

    July ISM Non-Manufacturing Index: 55.3 vs. 55.8 expected, 53.9 prior.
    Business activity 57.5% vs 55.9.
    New Orders 57.1% vs 55.1%.
    Employment 56.2% vs 53.6%

    Aug. US PMI Services Index: 56.0 vs. 56.9 consensus, 54.7 prior.

    Redbook Chain Store Sales: +4.4% Y/Y vs. +4.3% last week.
    Month-to-date sales up 4.4% through September 2.
    September sales are expected to increase 4.3%.

    July International trade: -$43.7B vs. -$44.6B expected and -$43.5B (revised) prior.
    Exports: $194.4B
    Imports: $238.1B

Viewing 15 posts - 1 through 15 (of 32 total)
  • You must be logged in to reply to this topic.