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Make or Break
Archived series ("Inactive feed" status)
When? This feed was archived on February 14, 2020 06:07 (). Last successful fetch was on August 30, 2019 01:18 ()
Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 214508827 series 127216
…Stocks rally to near record highs. Trade wars on back burner for Wall Street. China threatens Apple. Watch tomorrow’s bond auction. JOLTS – jobs all over Consumer borrowing slows. Disney beats. Tesla going private? Wildfires running wild. Financial Review by Sinclair Noe for 08-07-2018 DOW + 126 = 25,628 SPX + 8 = 2858 NAS + 23 = 7883 RUT + 3 = 1688 10 Y + .04 = 2.97% OIL + .05 = 69.06 GOLD + 3.30 = 1211.50 The S&P 500 is up for 4 straight sessions and is about 14 points shy of a record high. Obviously, a break out to a new high would be very bullish. Also, don’t be surprised if the old high acts as resistance. The Nasdaq is on a 6-day winning streak. Also, the Nasdaq Composite is about 50 points from its record high. And the Russell 2000 is about 20 points from a record. So, it is safe to say the market is at a make or break level. Second-quarter results so far have been stellar, with S&P 500 companies reporting earnings growth of 24% and sales gains of 9.8%, according to FactSet. Of the 428 companies in the S&P 500 that have released second-quarter earnings so far, 79 percent reported above analyst expectations; that’s the highest beat rate in at least 24 years. Tax cuts have helped corporate profitability but that is not the full story. Earnings per share without the tax change would be 15.5 percent higher, leading to ...
The post Make or Break appeared first on Eat the Bankers.com.
300 episodes
Archived series ("Inactive feed" status)
When? This feed was archived on February 14, 2020 06:07 (). Last successful fetch was on August 30, 2019 01:18 ()
Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 214508827 series 127216
…Stocks rally to near record highs. Trade wars on back burner for Wall Street. China threatens Apple. Watch tomorrow’s bond auction. JOLTS – jobs all over Consumer borrowing slows. Disney beats. Tesla going private? Wildfires running wild. Financial Review by Sinclair Noe for 08-07-2018 DOW + 126 = 25,628 SPX + 8 = 2858 NAS + 23 = 7883 RUT + 3 = 1688 10 Y + .04 = 2.97% OIL + .05 = 69.06 GOLD + 3.30 = 1211.50 The S&P 500 is up for 4 straight sessions and is about 14 points shy of a record high. Obviously, a break out to a new high would be very bullish. Also, don’t be surprised if the old high acts as resistance. The Nasdaq is on a 6-day winning streak. Also, the Nasdaq Composite is about 50 points from its record high. And the Russell 2000 is about 20 points from a record. So, it is safe to say the market is at a make or break level. Second-quarter results so far have been stellar, with S&P 500 companies reporting earnings growth of 24% and sales gains of 9.8%, according to FactSet. Of the 428 companies in the S&P 500 that have released second-quarter earnings so far, 79 percent reported above analyst expectations; that’s the highest beat rate in at least 24 years. Tax cuts have helped corporate profitability but that is not the full story. Earnings per share without the tax change would be 15.5 percent higher, leading to ...
The post Make or Break appeared first on Eat the Bankers.com.
300 episodes
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