Financial Review

…Stocks drop again. FAANG stocks are all bearish. US-China-G20 = low expectations. NAFTA no done yet. Iran defies sanctions. Homebuilder confidence drops. Nissan Chairman Ghosn gone. Lessons from HQ2. The word. Financial Review by Sinclair Noe for 11-19-2018 DOW – 395 = 25,017 SPX – 45 = 2690 NAS – 219 = 7028 RUT – 30 = 1496 10 Y – .02 = 3.06 OIL + .71 = 57.17 GOLD + 2.80 = 1224.90   The Dow dropped 1.5%; the S&P 500 dropped 1.6%, and the Nasdaq Composite dropped 3%. Trading has turned rocky since the S&P 500 finished the third quarter with its biggest gain since 2013. The broad index is down 6.1 percent since the end of September. Support is back around 2640 and again at 2603.  Apple cut production orders for all three iPhones it launched in September in response to lower-than-expected demand. Facebook, Apple, Amazon, Alphabet, and Netflix have fallen steadily over the last 6 weeks, each losing 20% or more from recent highs. Wall Street defines a bear market as a fall of 20 percent or more. Facebook in parti