The month but after all october a treat. S p gaining more than 200 hitting alltime highs along the way. Here is the question this all halos eve have we reached the Witching Hour for the markets record run, tim well, look if you think the fed is on hold until mid2020 it could be a spooky time for markets because the markets expected accommodation they are your friends and therefore the witchs brew is probably in the form of the data if you look at the chicago numbers this morning, especially the new orders component took you back to march of 2009. It tells you the impact of what the trade war has we dont know really where we are. But look in the absence much a political shock ill leave it at that and in the abens of china walking away from the table, the fed is still your friend and injury youve had a Third Quarter where you had surprise to the upside. I would say its not all that spooky this halloween. I think todays pullback is appropriate relative to some of the macroa day after the
House speaker blocked his bid for a monday vote. Its election day in canada. Prime minister Justin Trudeau looks to retain power but loses his parliamentary majority. Kathleen later on, Bloomberg Technology global link. We will discuss the bailout plan for wework as softbank is said to be taking control. We are taking a look at how u. S. Stocks ended today. A big day for the s p 500. A gain seven times of 1 . It gained to 7 10 of 1 . Over 3000. Importantly, it is getting close to its alltime high in july at 3025. 3006 on the s p 500. Nasdaq gaining 9 10 of 1 . Apple hit a new record. Pharmaceutical surging as they reach opioid settlements for thousands of complaint ands. The Dow Jones Industrial average lagging the other gains. 2 10 of 1 . 26,827. You. Can blame boeing. The second day you can blame boeing. The second day. When you stand back, and a lot of positive impetus today as more signs emerge that a trade war, even if it is a phase one deal which can be a sign between President T
Double take on the dew point and relative humidity. Is a little better today. Hollowing forecast is easy. It will be clear. I dont inc. You have anything to worry about. Temperatures drop off rapidly. New lookup in, it start. Its time to go to bed. 60s will drop into the 40s and 50s. Highs today in the 70s. 7075 and it looks like this pattern is on hold for a while. Offshored direction still in place from the delta all the way to the coast but the wind speed is way down. Relative humidity is up. Its low but its triple what it was for some yesterday at this time and thats from fairfield all the way over to oakland and Half Moon Bay. 30s come up 40s and 50s on the temperatures. South bay tims. 30 and santa cruz mountains. Boulder creek is sleeping in the low 40s around santa clara and campbell. Saratoga and cupertino, 40 and 42 pickers in easterly or northeasterly component with the wind speeds are way down and it will stay this way for a while. The pattern will calm down and thats what
Moving averages with big tech leading the decline Global Market slump after the u. S. Manufacturing i assume tumbled to more than a decade low sparking fears that a recession may now be unavoidable as a fallout from the china u. S. Trade war has now spread historically equity returns are the worst when the eye is on manufacturing drops from levels below the 50 threshold whats even more concerning now though are the details about print new orders employment and production they were all either soft or had to tear it even further only 3 of the 18 industries in the survey reported growth the lowest figure since 2009 adding to the bad news European Companies are set for their worst Quarterly Earnings in 3 years the latest data lifted the feds bond rates futures sharply with the november contract now pricing in an 80 percent chance that the fed will cut interest on a 30th in monetary terms it looks like we are at a race to the bottom of the e. C. B. How reintroduce. Q. E. At 20000000000. 00
Dow plunged more than 500. 00 points to break both the 50 day and the 100. 00 Day Moving Averages with big tech leading the decline Global Market slump after the u. S. Manufacturing i assume tumbled to more than a decade low sparking fears that a recession may now be unavoidable as a fallout from the trying to us trade war has now spread historically equity returns are the worst when the i as a manufacturing drops from levels below the 50 threshold whats even more concerning now though are the details about print new orders employment and production they were all either soft or how to tear it even further only 3 of the 18 industries in the survey reported growth the lowest figure since 2009 adding to the bad news European Companies are set for their worst Quarterly Earnings in 3 years the latest data lifted the feds bond rates futures sharply with the november contract now pricing in an 80 percent chance that the fed will cut interest on 30th in mana. Terry turns and looks like were at