My top 10 things to watch Tuesday, Nov. 7 The Dow and the S & P 500 were up for six days in a row. Going into Tuesday trading, the S & P 500 Short Range Oscillator , which I have trusted for decades, remained overbought. Bond-buying continues, which pushes yields lower. Tamer yields after the 10-year Treasury recently topped 5% have supported this stock run. U.S. oil prices are down 2% below $80 per barrel.
Barclays takes Corona and Modelo beer maker Constellation Brands to $293 per share from $280. It's been a tough road and Analyst Day was considered disappointing because nothing strategic was announced. bookings look good in the third quarter. Earnings before interest, taxes, depreciation, and amortization $1.09 versus $1.02 expected. Revenue of $35.2 billion also beat estimates. is prepackaged and probably will not put pressure on the commercial real estate sector.
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