Nasty

.....Jobless claims up. Existing home sales up. Housing market in a sweet spot. AZ unemployment drops to 5.5%. ECB stands pat. Wells Fargo criminal investigation for I.D. theft. WFC had targets. A new WSJ? Qualcomm/NXP? AT&T/Time Warner? Earnings news: Microsoft all-time high. We stopped eating donuts for the election. Nasty stuff.
Financial Review by Sinclair Noe for 10-20-2016.

DOW – 40 = 18,162
SPX – 2 = 2141
NAS – 4 = 5241
10 Y un 1.75%
OIL – 1.21 = 50.61
GOLD – 3.70 = 1266.20
The number of Americans filing for unemployment benefits increased by 13,000 to 260,000 for the week ended October 15. That marked 85 straight weeks of claims below the 300,000 threshold normally associated with a strong jobs market, the longest such period since 1970. Part of the increase in claims last week could be related to the effects of Hurricane Matthew, which could have left some people temporarily out of work.

The National Association of Realtors reports existing home sales rose 3.2 percent