Anonymous ID: f9bdcf Nov. 19, 2023, 5:36 p.m. No.19945499   🗄️.is 🔗kun   >>5590 >>5663

mktFag: Economic and market preview/schedule for Week of November 19, 2023


()=additional comments


(Pretty light week for data and since they ran the markets up the last 2 weeks I’d look for a little moar of that in this shortened week-the old saying “don’t short a dull market” has never been moar true than it is nao-look for weds as the best day-see below for why as it’s pretty much a yearly habbening PsyOp-wise)


The key economic report this week is Existing Home sales.


  • Monday, November 20th -

No major economic releases scheduled.


  • Tuesday, November 21st -

8:30 AM ET: Chicago Fed National Activity Index for October. This is a composite index of other data.


10:00 AM: Existing Home Sales for October from the National Association of Realtors (NAR). The consensus is for 3.93 million SAAR, down from 3.96 million in September. (Yet another disaster in the making as the avg for a 30y fixed mortgage is 7.75% and that is with bulletproof credit score/closer to 8% in reality-see cap 2


10:00 AM: Existing Home Sales for October from the National Association of Realtors (NAR). The consensus is for 3.93 million SAAR, down from 3.96 million in September. (the NAR is nothing moar than cheerleaders-how is the revenue coming from association dues going for you since real estate agents are quitting at record pace)


2:00 PM: FOMC Minutes, Meeting of October 31-November 1. (“Higher for longer”-Kek!! And when the Reverse Repos drop to literally nuffin where is the money going to come from to buy Treasury Debt??because that is currently where it’s coming from-and why starting sometime in early 2nd Q they will be doing MASSIVE QE as they aren’t going to keep fixed rate mortgages up here heading into election season)


  • Wednesday, November 22nd -

7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. (Already been at multi-decade lows but may show small improvement because bond prices have dropped but don’t look for much as seasonally speaking this is a ded time of year but if it does post a big gain look for the seasonality part to be totally ignored)


8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 229 thousand initial claims, down from 231 thousand last week. (This gets revised so often-along with monthly jobs #s they are useless)


8:30 AM: Durable Goods Orders for October from the Census Bureau. The consensus is for a 3.0% decrease in durable goods orders


(During day the Atlanta FED updates it’s hilarious GDPNOW non/empirical fantasy-currently at 2% and since this is likely to be best day of week-gotta give peeps confidence to spend the munee they don’t have-this will likely go up and still remain above the “expert blue chip economist projections-see cap #3


10:00 AM: University of Michigan's Consumer sentiment index and Final for November. (Yet another drop which will be 5th month in a row iirc but since it’s ‘bots in control the markets will shrug this off and probably post best day of the week)


  • Thursday, November 23rd -

All US markets will be closed in observance of the Thanksgiving Day Holiday.


  • Friday, November 24th -

The NYSE and the NASDAQ will close early at 1:00 PM ET.


Finally cap4 is where US Futures are at as of current time


Cap 5 is the Nikkei hitting a 33 year high in anticipation of the BoJ abandoning its Yield Control Policy…consequently muh Yen has fallen below 150 (as predicted last week)


MktFag wishes you and your families a habby and hopefully non-confrontational Thanksgiving (know how it is when family gathers)

Anonymous ID: f9bdcf Nov. 19, 2023, 6:11 p.m. No.19945663   🗄️.is 🔗kun   >>5669 >>5670 >>5691

>>19945590, >>19945499

One moar thing re:thanksgiving and family’s getting together and potential conflict

Their problem(s) is/are not your problem(s) if trying to trigger you-especially with the state of our country and its perceived divisiveness.

Your issue is how you react to it

Be the bigger person and don’t let anyone ruin it for you


Anonymous ID: f9bdcf Nov. 19, 2023, 6:25 p.m. No.19945739   🗄️.is 🔗kun



>just gonna be us as dealin’ wif that not something I wanna do

Someone always said something that triggered another

So this a good solution to that

Anonymous ID: f9bdcf Nov. 19, 2023, 6:32 p.m. No.19945770   🗄️.is 🔗kun   >>5859 >>5895


>no one fights but no one talks either

Kinda always like that

You can pick frens but not family

It’s unfortunate and should be opposite

Wish I knew the answer

Whatever you do at least enjoy it anon

All you can do

Plenty of frens here too

Mebby ole LdR make an appearance to liven things up (or someone sayin’ they are)