Market Weekly: Sep 11-Sep-15-2017

Viewing 15 posts - 1 through 15 (of 55 total)
  • Author
    Posts
  • #11642
    Assistanc3
    Participant

    [article]186[/article]

    #11643
    Assistanc3
    Participant

    U.S. President Donald Trump said on Saturday that he will ask the Republican-controlled Congress to further speed up its efforts to overhaul the U.S. tax code, citing the potential impact of Hurricane Irma as a reason to hasten reforms.

    #11645

    ^^^ +3 … thank you for excellent insight for coming week ahead … DOW futures were up over 100 points

    #11648

    #11649
    Assistanc3
    Participant

    relief rally for 2 reasons
    Irma not “as bad” as expected and clearly the Fed the will not be raising rates any time soon

    #11650
    Assistanc3
    Participant

    Hurricane Harvey probably shaved 1% from third-quarter growth, Goldman Sachs says

    Costs from the storm, which hammered Texas last month, will eclipse those associated with 2012’s Hurricane Sandy, the bank’s analysts wrote in a research note. Using a model that examined the 35 largest hurricanes to strike the U.S. in the aftermath of World War II, Goldman found that major natural disasters correlated closely with a “temporary slowdown” in key economic gauges.

    “Modeling these effects, we estimate that hurricane-related disruptions could reduce 3Q GDP growth by as much as 1 percentage point,” Goldman’s analysts wrote, adding that the main impact would be felt in consumer spending, business inventories, housing and the energy sectors.

    #11651
    Assistanc3
    Participant

    #11652
    Assistanc3
    Participant

    #11653
    Assistanc3
    Participant

    At the close

    Dow +1.18% to 22,055.19. S&P +1.08% to 2,487.92. Nasdaq +1.13% to 6,432.74.
    Treasurys: 30-year -1%. 10-yr -0.49%. 5-yr -0.3%.
    Commodities: Crude +1.16% to $48.03. Gold -1.46% to $1,331.50.
    Currencies: Euro -0.69% vs. dollar. Yen +1.5%. Pound +0.22%.

    #11654
    Assistanc3
    Participant

    Canada’s trend in housing starts was above the 200,000 unit mark for the eighth consecutive month

    #11658
    Assistanc3
    Participant

    The UN Security Council unanimously adopted the strongest sanctions ever against North Korea: 15-0

    #11660

    SUPER GREEN — AWESOME & FEARLESS FINISH on WALL ST 8)

    #11661
    TradersCom
    Keymaster

    Am back on board – have set up new lines for trading – office and house wrecked – rebuild will be about 9 mths builders estimate 🙁

    Glad all are well and come back to ATH across the board – I guess the world is all good!

    #11664

    YAY – welcome back as that is answer to prayers (and hope to hear from Clem and “the boss” in the future) … however, the home/office impacts are bad news also — so we do hope for the best for you & family in days ahead (I hope both GOVT & insurance can help with restoration) …

    #11665
    TradersCom
    Keymaster

    The boss should be back soon – he was in the area that got hit when they opened up the reservoirs. There are a few items he’s sent me to edit which I will get onto. Only real trades of note are covered the long term $USDJPY short yesterday after it hit the KnovaWave targets and reversed on Irma being not as bad. Was idle for two weeks – didn’t want to send in orders trading blind

Viewing 15 posts - 1 through 15 (of 55 total)
  • You must be logged in to reply to this topic.