Thus far for the three major averages. For the dow, it is since midoctober. Of 109 break that streak sessions without a 1 loss in the s p 500. We have had this lackluster trading action in terms of volatility and movement in volume. It was the lowest Trading Volume of the year yesterday. Volatility taking up and stocks are ticking down. We are seeing a broadbased selloff as well. Only utilities and Consumer Staples are higher. Financials steeply declining today, down 2. 6 . Materials come industrials, tech, discretionary and Energy Falling today. I want to focus on the financials in particular. The flattening of the yield curve is starting to take its toll on the financials large and small. Heres the financials xls down 2. 7 . Down 2. 7 . Evidence of the Regional Bank downdraft. They had been out performer since the election. Re, it look at the k is down 5 . Bank of the ozarks milosevic premier bank ozarks, Pacific Premier bancorp down sharply because they dont have the diversified inc
Thus far for the three major averages. For the dow, it is since midoctober. Of 109 break that streak sessions without a 1 loss in the s p 500. We have had this lackluster trading action in terms of volatility and movement in volume. It was the lowest Trading Volume of the year yesterday. Volatility taking up and stocks are ticking down. We are seeing a broadbased selloff as well. Only utilities and Consumer Staples are higher. Financials steeply declining today, down 2. 6 . Materials come industrials, tech, discretionary and Energy Falling today. I want to focus on the financials in particular. The flattening of the yield curve is starting to take its toll on the financials large and small. Heres the financials xls down 2. 7 . Down 2. 7 . Evidence of the Regional Bank downdraft. They had been out performer since the election. Re, it look at the k is down 5 . Bank of the ozarks milosevic premier bank ozarks, Pacific Premier bancorp down sharply because they dont have the diversified inc
November. Ibm is set to weigh down the dow today. Notching the 20th straight quarter of year over year revenue declines. Plus, a border tax replacement. The white house considering a elimination of state and local deductions needed to pay for tax cuts. Some drama at 21st century fox as advertisers flee. Reports that primetime star bill oreilly is now all but out. It would be the third major departure for the network in the last year. Ibm bills down sharply in the premarket. The miss on the quarterly revenue overshadowing the sales beat. Down for 20 straight quarters. Ibm had an 11 quarter streak of opening lower on earnings. That was broken last summer. Now appears to resume. Yeah. Look, this was a kind of quarter where they actually didnt close certain business anded that they closed and had they closed certain business, you know what, things are on target. The Gross Margins are not done as much as they were. The signings are surprised that they did misit miss it. We accept it for qua