Financial Review

Buckle Up

Informações:

Synopsis

…Stocks bounce. Brexit ministers resign. Fed monitors global growth. Oil signals slowdown. Mueller’s quiet time is over. NYT blasts Facebook. Earnings watch: Walmart, Nvidia, JC Penney, Nordstrom, Applied Materials, Sonos. GE’s bond problem. Financial Review by Sinclair Noe for 11-15-2018 DOW + 208 = 25,289 SPX + 28 = 2730 NAS + 122 = 7259 RUT + 21 = 1524 10 Y un 3.12% OIL + .31 = 56.56 GOLD + 2.50 = 1214.00   If you follow the markets from the opening bell, you have probably noticed that the major indices have been reversing over the course of the trading session. It happened again today. Stocks opened in negative territory and moved higher, turning positive a little after lunch. Yesterday was the opposite – stocks started higher, then reversed lower. Why did stocks turn higher today? Who knows. The markets have just been all over the place. Investors are having a hard time assigning valuation. And this downturn feels different. In turn, that means that normal tactics don’t really apply right now. For exampl