Financial Review

…Holiday shopping is strong. GM closing plants, firing workers. Microsoft passes Apple. Climate report released Friday tries to buy the bad news. Financial Review by Sinclair Noe for 11-26-2018 DOW + 354 = 24,640 SPX + 40 = 2673 NAS + 142 = 7081 RUT + 17 = 1505 10 Y + .02 = 3.07% OIL + 1.19 = 51.61 GOLD – .70 = 1222.60 Cyber Monday is expected to generate $7.8 billion in sales, up nearly 18% on last year, which would make it the biggest online shopping day in the US. That’s more than the $6.2 billion in online sales for Black Friday, up nearly 24% on last year. The total amount spent on Thanksgiving Day this year was a record breaking $3.7B … in digital sales alone. That’s roughly $45M per second. But it still pales in comparison to China’s $30.8 billion in spending on Alibaba Singles Day last month. Some stores started their Cyber Monday sales early. Macy’s has been offering “cyber week” deals until Wednesday. Amazon has been promoting “Cyber Monday Week”.   Total spending for Black Friday weekend is predict