But unfortunately, in Phoenix we had a cloudy sky (Though it was a partial eclipse here anyway).
However, there were some amazing pictures on TV (I heard "totality" countless times):
Goldman Sachs CEO Lloyd Blankfein (of all people) can help me "segue" from the eclipse to Wall street (see tweet below).
"Shadow across the country": I wonder who he's talking about?
What effect Trump is having on the market is debatable of course. Markets ended up slightly (flat again) which is not surprising since there were no earning reports released today.
https://www.nytimes.com/reuters/2017/08/21/business/21reuters-usa-stocks.html
Wall Street Edges Lower, Led by Tech and Financial Stocks
"The Dow's drop pulled it below its 50-day moving average, meaning that all three indexes were trading below the key technical measure on the same day for the first time since April 18. Three of the 11 S&P sectors were lower, led by the technology index's 0.63 percent decline and financial's 0.53 percent drop."
http://www.marketwatch.com/story/dow-poised-to-slide-again-after-logging-biggest-2-week-fall-in-nearly-a-year-2017-08-21
"The Dow industrials and S&P 500 eked out slight gains to close higher and halt a two-session decline on a light-volume Monday, while the Nasdaq finished in the red as investors remained cautious amid geopolitical tensions and ongoing domestic political turmoil."
"Ongoing domestic political turmoil" sounds about right. Nevertheless, it might not be all gloom and doom for stocks tomorrow according to this "Yahoo news" report:
https://finance.yahoo.com/news/home-prices-salesforce-need-know-markets-tuesday-221938954.html
"On the docket for Tuesday is the latest reading on home prices from the Federal Housing Finance Agency. The FHFA’s numbers will give investors a reading on home price increases in June, which are expected to rise 0.5% over the prior month.
After the market close the earnings highlights of the day are expected, with cloud services giant salesforce.com (CRM) expected to report adjusted earnings per share of $0.32 on revenue of $2.52 billion.
The defense sector is also likely to be in focus on Tuesday as President Donald Trumpwas set to speak Monday night on the administration’s strategy in Afghanistan, which is likely to include an increase in troop levels in the country among other initiatives."
Trump announced increased troop levels in Afghanistan which will likely help defense contractor stocks.
Trump announced increased troop levels in Afghanistan which will likely help defense contractor stocks.
Trump announced increased troop levels in Afghanistan which will likely help defense contractor stocks.
Trump announced increased troop levels in Afghanistan which will likely help defense contractor stocks.
Unfortunately, it will also mean increased pressure on military families which is always the tragedy of "perpetual war".
Unfortunately, it will also mean increased pressure on military families which is always the tragedy of "perpetual war".
Unfortunately, it will also mean increased pressure on military families which is always the tragedy of "perpetual war".
Unfortunately, it will also mean increased pressure on military families which is always the tragedy of "perpetual war".
But this is not a very political post, so in regards to markets, I'll just point out that
But this is not a very political post, so in regards to markets, I'll just point out that
But this is not a very political post, so in regards to markets, I'll just point out that
But this is not a very political post, so in regards to markets, I'll just point out that
Yahoo did make some good predictions for tomorrow if you want an idea of what the market will do.
Yahoo did make some good predictions for tomorrow if you want an idea of what the market will do.
In addition to defense contractors, if you've taken a look at home prices here in Phoenix, you already knew there have been ridiculous increases in value (which I think is probably the case across most of the U.S). & finally, here's why "Salesforce.com is poised to report a blowout quarter": https://www.thestreet.com/story/14278665/1/salesforce-is-poised-to-report-a-blowout-quarter-wall-street-says.html
In addition to defense contractors, if you've taken a look at home prices here in Phoenix, you already knew there have been ridiculous increases in value (which I think is probably the case across most of the U.S). & finally, here's why "Salesforce.com is poised to report a blowout quarter": https://www.thestreet.com/story/14278665/1/salesforce-is-poised-to-report-a-blowout-quarter-wall-street-says.html
In addition to defense contractors, if you've taken a look at home prices here in Phoenix, you already knew there have been ridiculous increases in value (which I think is probably the case across most of the U.S). & finally, here's why "Salesforce.com is poised to report a blowout quarter": https://www.thestreet.com/story/14278665/1/salesforce-is-poised-to-report-a-blowout-quarter-wall-street-says.html
In addition to defense contractors, if you've taken a look at home prices here in Phoenix, you already knew there have been ridiculous increases in value (which I think is probably the case across most of the U.S). & finally, here's why "Salesforce.com is poised to report a blowout quarter": https://www.thestreet.com/story/14278665/1/salesforce-is-poised-to-report-a-blowout-quarter-wall-street-says.html
Of course, in a few hours we'll see what the market actually does.
Of course, in a few hours we'll see what the market actually does.
Of course, in a few hours we'll see what the market actually does.
Of course, in a few hours we'll see what the market actually does.
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