Financial Review
If Needs Be
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:13:15
- More information
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Synopsis
…Stock rally stumbles. G7 could get testy. Remember tariffs on solar? ZTE deal. Facebook fumbles privacy, again. Buyback record. Household wealth record. Home prices and affordability. Financial Review by Sinclair Noe for 06-07-2018 DOW + 95 = 25,241 SPX – 1 = 2770 NAS – 54 = 7635 RUT – 8 = 1667 10 Y – .04 = 2.93% OIL + 1.20 = 65.93 GOLD +.90 = 1297.80 After a nice rally, the markets look a little vulnerable here. The Dow Industrial Average is up for 4 out of the past 5 sessions with a gain of more than 800 points over that time – still, you look at the Dow and see tremendous exposure to potential trade wars. The Nasdaq Composite and Russell 2000 are coming off of record high closes yesterday, but faltered today – and absent a breakout, you have to start looking for confirmation…, or levels of support. Perhaps the most concerning part of the market is the lack of concern with all the inconsistencies. The VIX, or volatility Index bounced a bit today, but it is coming off a more than four month low. The S&P