November 18 2016 Market Minute
November 18, 2016
The Dow Jones Industrial Average, for the second week in a row, made a new high of 18,934. The NASDAQ Composite also hit a new high this week of 5,346. SP500 (2,181) is near its September 2016 high (2,193). Oil ($46.36) continues to trade in the mid $40’s. Gold ($1,208.70) stabilized after last weeks fall […]
October 28 2016 Market Minute
October 28, 2016
Rate Roller Coaster. The 30 Year US Treasury is back up to 2.61%. The same level it was back in the Spring of this year before heading down to the years low of 2.102% The “Long Bond” has now made a “Round Trip” going first down, then up “One-half of 1%” or, “.50%” , or […]
July 15 2016 Market Minute
July 15, 2016
New high’s for the Dow Jones Industrial and SP 500 this week. The Dow’s new high is surpassing the previous high on 5-21-2015 of 18,288. It only took 14 months to do so. Of coarse in between the May 2015 high and today its low was 15,500, twice. Once August 2015 and again February 2016. […]
July 1 2016 Market Minute
July 1, 2016
Let’s first start with Global Sovereign Debt. The 30 Year US Treasury hit a historic low today of 2.205%. This surpassed the previous low on February 3rd 2015 of 2.229%. The 10 Year US Treasury also hit a historic low today of 1.414%. The 10 Year has ben hitting lower lows for over a week […]