Thursday, November 1, 2018

THURSDAY 11/1/18; Global PMI’s; HSI (Hong Kong) Rallies +1.8%; BOE Rate Decision and Governor Carney Presser; DWDP; IT; NBL; SFM; AVP; BID; CI; D; EE; EXC; HBI; NI; MPC; OSK; PGR; PPL; SSYS; W; YRCW; ZTS; Productivity and Costs; ISM Mfg Index; Oil Slips -3%; WTIC Oil Prints 63-Handle; Brent Oil Prints 72-Handle; US Stocks Rally; COMPQ +1.8%; NDX +1.5%; RUT +2.2%; SOX +4.6%; IBB +3.8%; XLB +2.8%; VIX Print 19-Handle; AAPL; SBUX; X; ED; EOG; FLR; GPRO; SHAK; CRUS; CERS; GERN; CBS; FSTR; MELI; MET; MTZ; PBYI; SYMC; TDC; WTW; WU

Today is the first day of November and a new month of trading begins. Investors and traders long the market are glad to see October in the rearview mirror. Stock market bears, however, want to see far more carnage. $8 trillion in value is wiped-off global markets in October. Stocks in the US, Asia and Europe are taken to the shed out back and beaten severely.

The S&P 500, the US stock market, is in a cyclical bear market with the SPX 

[Blog text is redacted. Purchase the Daily Chronology of Global Markets and World Economics 2018-11 that explains the stock, bond and currency moves occurring due to the elections, Fed speak and Jobs Reports. The October 2018-10 publication explains the stock market crash as it occurs in real-time.]

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