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  • 1 year ago
Insert Clever Eclipse Headline

Insert Clever Eclipse Headline

….Markets on pause. Fed labor survey slack. Afghanistan strategy. Trump to Phoenix. No climate assessment. No debt default, maybe. Sempra busy Oncor. Total buys Maersk oil. Chinese Jeeps. The ultimate photobomb. Financial Review by Sinclair Noe for 08-21-2017 DOW + 29 = 21,703 SPX + 2 = 2428 NAS – 3 = 6213 RUT – 0.89 = 1356 10 Y – .01 = 2.18% OIL – 1.11 = 47.40 GOLD + 7.10 = 1292.30 Since August 7, the Dow Industrials have given back 397 points or 1.7%. The S&P 500 has slipped 0.08%, and the technology-weighted Nasdaq has led the way lower with a 2.6% move. Second-quarter results from S&P 500 reporting companies have been solid with 65% beating expectations. Guidance has largely also been quite positive. The recent price action in equities has left the uptrend under pressure but at this point it doesn’t look like anything more than a pause – at least for the big Blue Chip names. Small caps are having a tougher time. The Russell 2000 index of small and mid-cap companies moved in

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