Sunday, February 11, 2018

SUNDAY 2/11/18

[Purchase the 2018-02 and 2018-03 publications that describe and explain the stock market selloff in great detail in real-time.]

Friday, February 9, 2018

SATURDAY 2/10/18

[Purchase the 2018-02 and 2018-03 publications that describe and explain the stock market selloff in great detail in real-time.]

FRIDAY 2/9/18; Asia Stocks Collapse; NIKK (Japan) -2.3%; KOSPI (South Korea) -1.8%; SSEC (China) Mini-Crashes -4.0%; HSI (Hong Kong) -3.1%; House Votes to End Partial US Government Shutdown; BPL; CBOE; IMGN; MCO; PCG; Wholesale Trade; European Stocks Selloff; US Stocks Finish Higher After Wild Roller Coaster Ride; NDX +1.7%; Oil Collapses -5%

[Purchase the 2018-02 and 2018-03 publications that describe and explain the stock market selloff in great detail in real-time.]

THURSDAY 2/8/18; China Trade Data; BOE Super Thursday; TWTR; ALXN; REGN; BWA; CAH; CVS; COR; COTY; GT; GPI; GRUB; HBI; K; ONVO; PM; SEE; TDC; TSN; VIAB; WWE; YUM; European Stocks Collapse; DAX (Germany) -2.6%; CAC (France) -2%; FTSE (UK) -1.5%; MIB (Italy) -2.3%; IBEX (Spain) -2.2%; 30-Year Bond Auction; US STOCK MARKET FLASH CRASH; Dow Under 24K; SPX Below 2.6K; SPX Crashes -3.8%; INDU -4.2%; COMPQ -3.9%; NDX -4.2%; RUT -2.9%; NYA -3.3%; TRAN -3.8%; SOX -4.2%; AIG; ATVI; BECN; EXPE; FEYE; MTW; MOBL; MHK; NCR; NVDA; NUAN; SKX; ZG; Congress Fails to Avert US Government Shutdown at Midnight

[Purchase the 2018-02 and 2018-03 publications that describe and explain the stock market selloff in great detail in real-time.]

Sunday, February 4, 2018

MONDAY 2/5/18; Cascading Global Selloff Continues; US 2-10 Yield Spread Above 72 Bips then Collapses to 67 Bips; US 10-Year Yield Tags 2.88% then Drops to 2.70%; Global PMI Services; NIKK (Japan) Plummets -2.6%; ASX 200 (Australia) Collapses -1.6%; Euronext Partial Outage; European Stoxx 600 Index Drops -1.6%; MIB (Italy) Loses -1.6%; PSI (Portugal) Plummets -2%; BMY; HES; ON; Bon-Ton Stores Declares Bankruptcy; ISM Non-Mfg Index; Jerome Powell is Sworn-In as Federal Reserve Chairman; US STOCK MARKET FLASH CRASH; Stock Indexes Print Largest Point-Drop in History; VIX Above 38; Dow Industrials (INDU or DJI) Crash -6.5% at Lows; Dow Drops Below 25K Turning Negative on the Year; SPX -4.1%; INDU (Dow) -4.6%; COMPQ -3.8%; NDX -3.9%; RUT -3.6%; NYA -3.9%; TRAN -3.2%; SOX -4.7%; SWKS; TIVO; BWLD; CRUS; MAC; NOV; Short-Volatility ETF’s are Unraveling Likely Insolvent

[Purchase the 2018-02 and 2018-03 publications that describe and explain the stock market selloff in great detail in real-time.]

SUNDAY 2/4/18; Fed Chair Yellen Says Stocks and Commercial Real Estate Prices are Elevated; Superbowl Indicator

[Purchase the 2018-02 and 2018-03 publications that describe and explain the stock market selloff in great detail in real-time.]

January Publication of the Daily Chronology of Global Markets and World Economics 2018-01 is Available from Amazon; US Stock Indexes Print All-Time Highs; Global Stock Indexes at Record and Multi-Year Highs; Dow 26,600+; SPX 2,870+; Utilities Crash -13%; Treasury Secretary Mnuchin “Weak Dollar Policy” Mistake; Government Shutdown; Davos; Protectionism; Bank Earnings; Greenspan Says Stocks and Bonds are Bubbles; BOJ Announces Unlimited Bond-Buying; Global Yields Climb Higher

The January Publication of the Daily Chronology of Global Markets and World Economics 2018-01 is available through Amazon. The historic market action continues with more all-time and multi-year record stock market highs printing in the major indexes and individual stocks around the world. The S&P 500 crosses above 2,800 for the first time in history running to the all-time high at 2,872.80. The Dow Jones Industrials cross above 26,000 for the first time in history printing the all-time high at 26,614.85. Investors were joyously celebrating until the week of 1/28/18 where stocks drift lower and on Friday, 2/2/18, the Dow plummets 666 points.

January Cover Highlights;
US STOCK INDEXES PRINT ALL-TIME HIGHS
GLOBAL STOCK INDEXES AT RECORD AND MULTI-YEAR HIGHS
DOW 26,600+
S&P 500 2,870+
UTILITIES CRASH -13%
TREASURY SECRETARY MNUCHIN “WEAK DOLLAR POLICY” MISTAKE
GOVERNMENT SHUTDOWN
DAVOS
PROTECTIONISM
BANK EARNINGS
GREENSPAN SAYS STOCKS AND BONDS ARE BUBBLES
BOJ ANNOUNCES UNLIMITED BOND-BUYING
GLOVAL YIELDS CLIMB HIGHER

The January chronology highlights the non-stop all-time record breaking stock market highs in all seven major US indexes (SPX, INDU or DJI, COMPQ, NDX, RUT, NYA, TRAN or DJT) and the SOX. The Dow overtakes 26,600 and the S&P 500 prints above 2,870 (last week’s selloff shaves 108 points off the high with the SPX now at 2762).

The World Economic Forum took place in Davos, Switzerland, where Treasury Secretary Mnuchin inserted his shiny wingtip into his mouth by professing a weak dollar policy. Heads turned. Jaws dropped. A strong dollar policy is supposed to be the standard talking point of US officials (even though behind the scenes a weak dollar is desired). Mnuchin backtracked but the currency and trade wars and protectionism shots across bow have started.

Yields climb (the 10-year prints 2.854% not seen in four years) as February begins creating angst in the stock markets especially on Friday 2/2/18. The 2018-01 publication runs through Saturday 2/3/18 so the Jobs Report and the big selloff in stocks is recorded in detail as it played out in real-time.

President Trump continues boasting about the new record highs in stocks taking full credit and responsibility for the upside joy during January sans the last few days. Oil prices remain elevated with both West Texas and Brent printing at 2-1/2 year highs.

The chronology explains the price moves in global stock, bond and currency markets after key geopolitical events, central bank monetary policy meetings and economic data releases such as the monthly jobs report. If you are trying to make sense of the markets this is the resource for you. No other publication exists where the stock, bond and currency moves are detailed and explained as world events and economic news take place in real-time.

You can relive the real-time price moves and excitement in markets for any past events including the May 2015 stock market top (2015-02 through 2015-10), Brexit (2016-06 and 2016-07), the US election (2016-10 and 2016-11), the drama behind the French election (2017-04 and 2017-05), economic data releases, monthly jobs reports, Fed meetings and much more. The wild overnight crash in the S&P futures, and quick recovery, after President Trump’s election last November is chronicled in real-time, as it happened minute-by-minute, in the 2016-11 publication.

The 2017-11 publication chronicles the 400-point intraday drop in the Dow on Friday, 12/1/17, when it was thought that former Trump adviser Michael Flynn had implicated the president in nefarious deeds. This news story turned out to be not true although Jared Kushner and Donny Trump, Jr, may be in trouble.

The 2017-12 issue highlights all the wild action in the cybercurrency arena with bitcoin, ripple, etherum, litecoin and others. You can relive the excitement of the SPX 2,700 and Dow 25,000 levels in the 2017-12 publication as well as reference all the key statistics for the year for the world’s stock indexes, bonds, commodities, currencies and important individual stocks. Warren Buffett stands up and performs a jig of joy as his Berkshire Hathaway stock crosses above 300,000 for the first time ever in December 2017.

As always, all monthly publications of the Daily Chronology of Global Markets and World Economics are available from the links in the margins of the K E Stone blog sites or simply searching on Amazon or Google. The monthly publications contain updated information not posted on the Keystone the Scribe web site as well as clarifications, corrections, edits and refinements to the ongoing daily blog text.

The February 2018-02 chronology is tentatively set for publishing by Amazon on Saturday, 3/3/18.

The popular “Keystone the Scribe” daily market chronology blog, “The Keystone Speculator” stock charts and technical analysis blog and the “Keybot the Quant’ algorithm blog are visited by over one-half million people around the world each month. The free original content on these sites is not available anywhere else on the internet and content is only posted in proportion to the support received. Thank you.

SATURDAY 2/3/18

[Purchase the 2018-02 and 2018-03 publications that describe and explain the stock market selloff in great detail in real-time.]

FRIDAY 2/2/18; Groundhog Day; Cybercurrencies Crash; Bitcoin Below 8K; BOJ Announces Unlimited Bond-Buying; KOSPI (South Korea) Drops -1.7%; BSE (India) Collapses -2.3%; CVX; XOM; CLX; EL; MRK; PSX; S; WY; US Monthly Jobs Report; Consumer Sentiment; Factory Orders; European Stock Indexes Collapse -1.5% and More; US 10-Year Yield Prints 2.854% a 4-Year High; US Stocks Mini-Crash; SPX -2.1%. INDU (Dow Jones Industrials) Collapses 666 Points Plunging -2.5%; COMPQ -2.0%; NDX -2.1%; RUT -2.1%; NYA -2.2%; TRAN -2.1%; SOX -2.7%; Cascading Global Stock Market Selloff in Progress; GOP Memo Exposes US Government and FBI Corruption

[Purchase the 2018-02 and 2018-03 publications that describe and explain the stock market selloff in great detail in real-time.]

THURSDAY 2/1/18; Global PMI’s; US Oil Shale Production Tops 10-Million Barrels Per Day a 48-Year High; Challenger Job-Cut Report; UPS; MO; USG; BABA; AN; CI; ETN; HSY; IP; MA; RL; TWX; VLO; Productivity and Costs; ISM Mfg Index; TYX 30-Year Yield Above 3%; Cybercurrencies Crash from -10% to -32%; AMZN; AAPL; GOOGL; AMGN; CY; AET; DATA; DECK; EMN; GPRO; TWX; V; YRCW

[Purchase the 2018-02 and 2018-03 publications that describe and explain the stock market selloff in great detail in real-time.]