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Title : The Market And Energy Page, T+292 -- November 9, 2017,
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The Market And Energy Page, T+292 -- November 9, 2017,

Trump's tax cut bill on "life support."

Free fall: CNBC talking like the market is in free fall. The Dow is down about 1%. Nasdaq is down about 1.4%.

Jobs: first time unemployment claims -- surge; up 10,000 to 239,000

• forecast: 232,000
• actual: 239,000
• four-week average: declined 1,250 to 231,250, the lowest point for the average since 227,750 in the March 31, 1973 week

Comments: so, with ...

• Trump's tax bill on "life support"
• the stock market plunging
• first time unemployment claims surge
• great opportunity for Janet Yellen to raise rates in December (why not?)

Disclaimer: this is not an investment site. Do not make any investment, financial, job, travel, or relationship decisions based on anything you read here or think you may have read here.

Markets: so, on a day when CNBC says the market is plummeting (about 1% drop), are there any issues hitting new highs? Let's see: 56, including Duke Energy;  DR Horton; SRE. It's possible many of those hitting new highs, hit their new highs early in the morning only to pull back later.

• new lows: 53
• buying opportunity

Deserter: one person who may have a chunk of money to spend on investments (and lawyers): self-admitted US Army deserter Sgt Bowe Bergdahl who walked. He could receive $300,000 in back pay. What a great country. 

http://ift.tt/2dZyQXu

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