Market Weekly: Sep 17 – Sep 23 2018

Viewing 15 posts - 16 through 30 (of 40 total)
  • Author
    Posts
  • #18208

    [size=6][b][color=red]Dow 26,062.12 -92.55 -0.35%
    S&P 500 2,888.80 -16.18 -0.56%
    Nasdaq 7,895.79 -114.25 -1.43%[/color]
    Gold 1,204.50 -1.30 -0.11%
    Oil 69.51 0.60 0.87%[/b][/size]

    #18213
    TradersCom
    Keymaster

    NAHB housing market index for September 67 vs 66 expected and 67 Prior

    current single family home sales 74 versus 73 in August
    prospective buyers index 49 verses 49 in August
    home sales over next 6 months 74 versus 72 in August
    index has been above the 50 level since July 2014
    recent high was at 74 in December 2017.
    67 equals the low for the year and the lowest low since September 2017.

    #18217


    RALLY TIME — STOCKS ARE ON FIRE TODAY (DOW UP +200)

    #18218

    [size=6][b]
    [color=limegreen]Dow 26,246.96 184.84 0.71%
    S&P 500 2,904.31 15.51 0.54%
    Nasdaq 7,956.11 60.32 0.76%[/color]
    Gold 1,203.20 -2.60 -0.22%
    Oil 69.98 1.07 1.55%[/b][/size]

    #18219
    TradersCom
    Keymaster

    US MBA mortgage applications w/e. 14 September +1.6% vs -1.8% prior

    Purchase index 234.2 vs 233.5 prior
    Market index 342.7 vs 337.4 prior
    Refinancing index 917.1 vs 884.3 prior
    30-year mortgage rate 4.88% vs 4.84% prior

    #18220
    TradersCom
    Keymaster

    US Q2 current account deficit $101.5 billion vs $103.4 billion expected

    Q1 now -$121.7B revised from -$124.1B prior
    Current account deficit is 2% of GDP vs 2.4% in Q1, the smallest since 3Q of 2014
    Ggoods and services deficit is -$133.812 versus -$153.98
    Primary income $60.845 vs $61.175 prior

    #18221
    TradersCom
    Keymaster

    US August housing starts 1282K vs 1238K expected
    Prior 1168K (revised to 1174K)

    Housing starts up 9.2% vs +5.7% expected


    [b]
    Building permits 1229K vs 1310K expected[/b]
    Prior permits 1303K

    #18227
    Super Harley
    Participant

    The graphics very useful thanks – you can be easily manipulated if you just see the actual v expectations – of course the brokers having known that for ever with earnings season

    #18228


    RALLY TIME — STOCKS ARE ON FIRE TODAY (DOW UP +200)
    [color=red][size=5][b]but “don’t fight the FED” … as they are itching to raise interest rates & phase out ZIRP :whistle:
    Still maybe Florence might allow a further pause? [/b][/size][/color]

    #18229

    [size=6][b][color=limegreen]Dow 26,405.76 158.80 0.61%
    S&P 500 2,907.95 3.64 0.13%[/color]
    Nasdaq 7,950.04 -6.07 -0.08%
    Gold 1,208.70 5.80 0.48%
    Oil 71.44 1.59 2.28%[/b][/size]

    #18230
    TradersCom
    Keymaster

    One of the emerging markets to watch:

    Brazil – Central bank leaves rates on hold, as expected

    Banco Central do Brasil (BCB) left its key rates unchanged
    Benchmark Selic rate at 6.50%, an all time low for the 4th meeting in a row

    #18236
    TradersCom
    Keymaster

    Philly Fed September Manufacturing Business Outlook +22.9 vs +18.0 expected, Prior 11.9

    Prices paid 39.5 vs 55.0 prior
    New orders 21.4 vs 9.9 prior
    Employment 17.6 vs 14.3 prior

    indexes for prices remained positive but decreased from their readings in August (see Chart 2). On the cost side, 44 percent of the firms reported increases in the prices paid for inputs, down from 63 percent in August, and the prices paid index decreased 15 points to 39.6. With respect to prices received for firms’ own manufactured goods, 25 percent of the firms reported higher prices compared with 35 percent last month. The prices received index decreased 14 points.

    #18238
    TradersCom
    Keymaster

    US initial jobless claims fell to 201K vs 204K last week and lowest since November 15, 1969
    The 4- week average fell to 205.75 from 208K last week. The lowest since December 6, 1969
    Continuing claims fell to 1.645M vs 1.705M est. This is the lowest since August 4, 1973.

    #18241
    Truman
    Participant

    Insane in the membrane

    Tilray TLRY -17.32% with trading halted five times for volatility –has a small number of shares outstanding, strong short interest and few investors can loan the stock to short sell.

    So many pot puns could go here …

    #18242
    TradersCom
    Keymaster

    US August existing home sales 5.34m vs 5.36m expected, Prior 5.34m (unrevised)

    Flat vs +0.4% expected, Prior -0.7%

Viewing 15 posts - 16 through 30 (of 40 total)
  • You must be logged in to reply to this topic.