Financial Review

…Stocks crash, go figure. PPI rises. Inventories up. CVS-Aetna done deal. Wells Fargo losing customers. Sears in the dustbin of history. Hurricane Michael. Financial Review by Sinclair Noe for 10-10-2018 DOW – 831 = 25,598 SPX – 94 = 2785 NAS – 315 = 7422 RUT – 46 = 1575 10 Y + .02 = 3.22% OIL – 2.33 = 72.63 GOLD + 5.30 = 1195.40   Stocks crashed today. I know an 831-point decline works out to a 3.15% decline, whereas back in October 1987, a 508-point decline equated to a 22% drop. Still, today was a crash. The S&P lost 3.29%; the Nasdaq dropped 4.08%.   The session started in negative territory and then it just slipped away. The S&P 500 dropped for a fifth consecutive session, its worst losing streak since November 2016; falling below the 50-day and 100-day moving averages. As the Dow dropped, it fell below its 50-day moving average around 25,948; the 200-day moving average is down around 25,140. This was the worst day for the Dow since February.  Stocks closed right at lows for the session. All three indexe