Wednesday, September 19, 2018

The Market, Energy, And Political Page, T+37 -- September 19, 2018

The Dow at its highest level since ... January, 2018. 

The market: Wow, I didn't see this coming! The Dow (irrelevant) was up as much as 250 points yesterday despite:
  • Trump signing an order to increase tariffs on Chinese goods
  • the 10-year bond breaking through the 3% ceiling -- now yielding 3.04%
And, today, the Dow (irrelevant) extends yesterday's gain by another 125 points in early morning trading.

What is the S&P 500 doing -- having just broken through 2,900 yesterday? The S&P 500 is up 4 points.

WTI: up 0.43%. Whoo-hoo!

Later: the market is now up points (10:09 a.m. CDT), on top of 185 points yesterday and the topic for the day over at CNBC: the China trade war escalates. Yawn.

Two most hated commercials: not only are they irritating, but they are practically the only ads on NBC these days.
  • Spectrum
  • TD Ameritrade
Actually, there is a third: Stephanie Kammerman

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