Financial Review
End of Quarter, Hit Pause
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:13:06
- More information
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Synopsis
…Q3 strong for stocks. Oil remains bullish. FBI to investigate Kavanaugh. No gov shutdown for now. Italy in debt. Tesla tanks. Facebook breached, again. BK for that place that sells that thingy thing. Financial Review by Sinclair Noe for 09-28-2018 DOW + 18 = 26,458 SPX – 0.02 = 2913 NAS + 4 = 8046 RUT + 6 = 1696 10 Y un 3.06% OIL + 1.44 = 73.56 GOLD + 9.80 = 1193.20 Today marks the end of trading for September and for the third quarter. Week Month Quarter S&P 500 -0.5% +0.4% +7.2% Dow -1.1% +1.9% +9% Nasdaq +0.7% -0.8% +7.1% In the third quarter, the S&P 500 rose more than 7% for its best quarter since the end of 2013. The Dow advanced 9% with both indexes rising in 11 of the past 12 quarters. The Nasdaq gained more than 7% over the quarter, and is up for its ninth straight quarter. While October can be a very volatile month for trading, it probably gets a bad rap due to 1929, 1987, and 2008. October will kick off earnings reporting s