30 Oct 2023 Market Close & Major Financial Headlines: Wall Street Opened Higher, Trended Higher, And Closed higher Although NASDAQ And The S&P 500 Remains In Corrective Territory

October 30, 2023Posted inmarketsNo Comments

Summary Of the Markets Today:

  • The Dow closed up 511 points or 1.58%,
  • Nasdaq closed up 1.16%,
  • S&P 500 closed up 1.20%, (Low 4,133: 4,200 = critical resistance level)
  • Gold $2,006 up $7.60,
  • WTI crude oil settled at $83 down $3.03,
  • 10-year U.S. Treasury 4.879% up 0.034 points,
  • USD Index $106.12 down $0.440,
  • Bitcoin $34,444 down $145,

*Stock data, cryptocurrency, and commodity prices at the market closing.

Click here to read our Economic Forecast for November 2023

Today’s Economic Releases Compiled by Steven Hansen, Publisher:

The Texas Manufacturing Outlook Survey declined in October 2023 but remains in positive growth territory. The production index, a key measure of state manufacturing conditions, posted a second positive reading after four months in negative territory. It edged down to 5.2, a reading that signals a modest pace of output expansion. Other measures of manufacturing activity showed mixed signals this month. The new orders index remained negative and slipped four points to -8.8. Most other of the regional fed’s manufacturing surveys show manufacturing remains in a recession.

 

Here is a summary of headlines we are reading today:

  • Oil Prices Plunge 3% as Market Weighs Israeli Attack on Gaza
  • China Sees Winter Peak Power Demand Surging By 12%
  • Cobalt’s Unexpected Plunge Shocks Global Market
  • Uranium Demand Hits Decade High As Nuclear Renaissance Gains Traction
  • Weaker Asian Market Could Prompt Saudi Arabia To Halt Oil Price Hikes
  • Stocks rebound to start week, Dow rallies 500 points for best day since June: Live updates
  • Tesla shares drop 5% on Panasonic battery warning, down 18% since Q3 earnings report
  • Shipping industry could lose $10 billion a year battling climate change by 2050
  • Israel-Hamas war live updates: Israel confirms a hostage was freed during a ground operation; Netanyahu dubs Hamas hostage video cruel ‘propaganda’
  • Saudis On High Alert After Yemen’s Houthis Fire Another Missile At Israel, Fresh Clashes Erupt
  • The Ratings Game: McDonald’s set up well for 2024 as digital sales, restaurant growth, ramp up: Wells Fargo

Click on the “Read More” below to access these, other headlines, and the associated news summaries moving the markets today.

Short Term and Intermediate-Term Weather Outlooks for the U.S. and a Six-Day Forecast for the World: posted October 30, 2023

October 30, 2023Posted inweatherNo Comments

Here is what we are paying attention to in the next 48 to 72 hours. The article also includes weather maps for longer-term outlooks and a six-day World weather outlook.

We start with the U.S. Information. You can update this section here but these are 48 to 72-hour forecasts so if I have not been able to update this area twice daily, what is shown is still valid and the images in the body of the article update automatically but sometimes they are a bit slow to update.

Short Range Forecast Discussion
NWS Weather Prediction Center College Park MD
Mon Oct 30 2023
Valid 12Z Mon Oct 30 2023 – 12Z Wed Nov 01 2023

…Well below average temperatures and record-breaking cold to continue
expanding from the central United States to the Appalachians through the
beginning of November…

…Shower activity to stretch from the southern Plains to the Northeast
today, with accumulating snowfall forecast across northern Maine…

…Snow squalls possible across parts of the Northern Plains, Upper
Midwest, and Great Lakes through Halloween…

…Santa Ana wind and very dry conditions across California will lead to
an increased threat of wildfire activity…

Short Term and Intermediate-Term Weather Outlooks for the U.S. and a Six-Day Forecast for the World: posted October 29, 2023

October 29, 2023Posted inweatherNo Comments

Here is what we are paying attention to in the next 48 to 72 hours. The article also includes weather maps for longer-term outlooks and a six-day World weather outlook.

We start with the U.S. Information. You can update this section here but these are 48 to 72-hour forecasts so if I have not been able to update this area twice daily, what is shown is still valid and the images in the body of the article update automatically but sometimes they are a bit slow to update.

Short Range Forecast Discussion
NWS Weather Prediction Center College Park MD
Sun Oct 29 2023
Valid 12Z Sun Oct 29 2023 – 12Z Tue Oct 31 2023

…Heavy snow continues for parts of the central Rockies and central High
Plains through early this afternoon, while areas of light freezing
rain/drizzle are forecast throughout the Southern Plains…

…Widespread showers and thunderstorms to span from the southern Plains
to the Northeast over the next few days, including the potential for
significant snowfall over parts of northern Maine on Monday…

…Very dry and windy conditions developing across California will
increase the threat of wildfire activity…

…Record-breaking warmth expected over the southern Mid-Atlantic today as
below average temperatures envelop the central United States…
 

Short Term and Intermediate-Term Weather Outlooks for the U.S. and a Six-Day Forecast for the World: posted October 28, 2023

October 28, 2023Posted inweatherNo Comments

Here is what we are paying attention to in the next 48 to 72 hours. The article also includes weather maps for longer-term outlooks and a six-day World weather outlook.

We start with the U.S. Information. You can update this section here but these are 48 to 72-hour forecasts so if I have not been able to update this area twice daily, what is shown is still valid and the images in the body of the article update automatically but sometimes they are a bit slow to update.

Short Range Forecast Discussion
NWS Weather Prediction Center College Park MD
Sat Oct 28 2023
Valid 12Z Sat Oct 28 2023 – 12Z Mon Oct 30 2023

…Heavy rain and scattered areas of flash flooding possible from the
Southern Plains through the Lower Ohio Valley…

…Moderate to locally heavy snow forecast across the Central Rockies and
Front Range this weekend…

…Bitter early season cold snap spreads further across much of the Great
Plains and Rockies, while record-breaking warmth is found across the East
and Gulf Coast…

…Very dry and windy conditions developing across California by Sunday
will increase the threat for wildfire activity…

Ten Dancing Queens & Kings at USDC 2023

Ten Dancing Queens & Kings at USDC 2023

October 28, 2023Posted inUncategorizedNo Comments

In a previous post (Dancing Queens & Kings: Call for Participation (5)), I highlighted 10 dancing queens or kings as examples (age-group):

  • Annette Burden (S2): a real Queen in Smooth and Rhythm.
  • Irene Fong (S1): a real Queen in Smooth.
  • Joan Goddard (S1): a real Queen in Rhythm and Latin.
  • Eric Leininger (S1): a danceholic.
  • Patricia Schneider (C): a real Queen in Smooth and Ballroom.
  • Miriam Atkins (C): A dancing doctor.
  • Mike Butler (B): a Rhythm champion and the Mambo King.
  • Jill Windy (B): a cancer survivor via joyful dancing.
  • Francesca Mattozzi (A): a rising star in Smooth and Ballroom.
  • Christian Orsos (A): a rising star and a 6-dancer.

Now, let me highlight how they did at USDC 2023 last month (9/4-10).

27 Oct 2023 Market Close & Major Financial Headlines: Wall Street Opens Mixed, Dow Tumbles Over 400 Points, S&P 500 Joins Nasdaq In Correction Territory And Close With A Weekly Loss

October 27, 2023Posted inmarketsNo Comments

Summary Of the Markets Today:

  • The Dow closed down 367 points or 1.12%,
  • Nasdaq closed up 0.38%,
  • S&P 500 closed down 0.48%, (Low 4,104: 4,200 = critical support level)
  • Gold $2,018 up $20.00,
  • WTI crude oil settled at $85 up $1.98,
  • 10-year U.S. Treasury 4.835% down 0.010 points,
  • USD Index $106.54 down $0.060,
  • Bitcoin $33,710 down $400,
  • Baker Hughes Rig Count: U.S. +1 to 625 Canada -2 to 196

*Stock data, cryptocurrency, and commodity prices at the market closing.

Click here to read our Economic Forecast for October 2023

Today’s Economic Releases Compiled by Steven Hansen, Publisher:

Real (inflation adjusted) disposable personal income increased 3.5% year-over-year in September 2023 (down from 3.7% last month). Real personal consumption expenditures (PCE) increased 2.4% year-over-year (little changed from last month’s 2.3%). The PCE price index which is the amount of inflation seen to PCE was 3.4% year-over-year (inflation unchanged from last month).  Overall, the war on inflation was ineffective in September, and there was little signs of economic acceleration in consumer spending (PCE)

 

Here is a summary of headlines we are reading today:

  • Oil Prices Set For First Weekly Loss In Three Weeks
  • U.S. Oil Drillers Add 1 Rig As Rut Continues
  • U.S. Retaliates Following Iranian-Backed Militia Attacks
  • Musk’s Mega Rocket Faces Unprecedented Regulatory Delays
  • Exxon Misses Profit Forecast Despite Strong Refining Business
  • Pharmacy staff from Walgreens, CVS say they’re at a breaking point — here’s what their days look like
  • Dow drops more than 350 points to end brutal week, S&P 500 closes in correction territory: Live updates
  • JPMorgan Chase stock slips after bank says CEO Jamie Dimon is selling 1 million shares
  • Microsoft’s AI boost helped cloud business outpace rivals Amazon and Google in latest quarter
  • Ford shares fall 12% after earnings underline worries about costs and EV plans
  • Gold Tops $2000 Amid Global Conflict, Govt Chaos

Click on the “Read More” below to access these, other headlines, and the associated news summaries moving the markets today.

Short Term and Intermediate-Term Weather Outlooks for the U.S. and a Six-Day Forecast for the World: posted October 27, 2023

October 27, 2023Posted inweatherNo Comments

Here is what we are paying attention to in the next 48 to 72 hours. The article also includes weather maps for longer-term outlooks and a six-day World weather outlook.

We start with the U.S. Information. You can update this section here but these are 48 to 72-hour forecasts so if I have not been able to update this area twice daily, what is shown is still valid and the images in the body of the article update automatically but sometimes they are a bit slow to update.

Short Range Forecast Discussion
NWS Weather Prediction Center College Park MD
Fri Oct 27 2023
Valid 12Z Fri Oct 27 2023 – 12Z Sun Oct 29 2023

…Heavy rain and scattered flash flooding chances extend from the
Southern Plains through the Lower Ohio Valley…

…Moderate to locally heavy snow forecast across the Central Rockies this
weekend…

…Bitter early season cold snap expected across much of the Great Plains
and Rockies, while record-breaking warmth is found across the East and
Gulf Coast..