Market in Review 7/5/2024
MARKET REPORT Euronext Lisbon Day in Review: Today: – US Job Growth Tops Forecasts – 206K jobs June, slightly below a downwardly revised 218K in May and above forecasts of 190K. – Data for May was revised sharply lower from an initial 272K, April reading was also revised down by 57K to 108K. With […]
Market in Review 7/3/2024
MARKET REPORT La Bolsa SE Madrid Day in Review: Today: – US Services Sector Unexpectedly Contracts: ISM (Important) – The ISM Services PMI in the US tumbled to 48.8 in June 2024, the sharpest contraction since April 2020. Markets were expecting 52.5 after 53.8 in May – US Private Employment Disappoints (Important) – Private businesses […]
Market in Review 7/2/2024
MARKET REPORT Shanghi Stock Exchange Day in Review: Today: – Tesla SOARS (+10%) on deliveries beating Wall Street Expectations – ACT 443,956 vs EXP 439,302 The second quarter total delivery figure is higher than the 386,810 vehicles globally delivered in the first quarter but lower than the approximate 466,140 delivered a year ago. – Fed POWELL […]
Market in Review 7/1/2024
MARKET REPORT Day in Review: Today: – Marine Le Pen’s National Rally’s victory in the first round of France’s parliamentary election, as predicted – GE CPI report cooler than expected, EU harmonized also lower than exp – Yield on German 10-year Bunds rose to the 2.57% mark, its highest in over two weeks as political uncertainty […]
Market in Review 6/28/2024
MARKET REPORT Ville Bourse, built 1652 Day in Review: – Trump DESTROYS Biden in tragic ‘Debate’. Trump disciplined and measured, Biden lost and incoherent. – Watch Bidens Donations EXTINQUISH (hint, they’re NON-refundable) – US Personal Spending BELOW forecasts +0.2% Exp +0.3% – US PCE Inflation Slows as Expected UNCH May vs April following +0.3% April […]
Market in Review 6/27/2024
MARKET REPORT Brussels Stock Exchange Founded 180, July 8th The world’s first major economic marketplace occurred in medieval times in the Low Countries, in what is now modern Belgium. At this time, deals were brokered not by grey-suited bankers furiously shouting down telephones, but by innkeepers in their tunics and cloaks. During the 1300s. the […]
Mkt Report 6/26/2024
MARKET REPORT Wiener Bourse Review: – Dollar Index hits 8-week high – US Building Permits revised higher but still at lowest since June 2020 1.399m May, revised from 1.386m – US New Home Sales hits 6-month LOW -11% @ 619k May, Exp 640k Prev 698K – Medium New House $417,400 (Avg $520k) vs 1yr earlier […]
Market in Review 6/25/2024
MARKET REPORT Review: – NVIDIA +7% REBOUND! NASDAQ up 1% (Google +2%), Tech UP, broader Index down – Tesla up 2.5% on Cyber Truck figures – Trump Media up 15% (welcome to the rollacoaster) – Rivian +8% (turn the machines back on and sell, sell, sell) – Chicago PMI up in May +0.18 vs -0.26 […]
