Things you need to know – – The march higher continues as they try to change the narrative – CPI due out in 2 hrs.…. Will it be the surprise that the algo’s expect? – The 2022 underperformers are 2023’s outperformers (so far!) – Oil up, Gold up, Copper up, – Treasuries remain inverted – Try the Italian Style …
T- 24 hours Until we get the December CPI – Try the Rigatoni with the Gorgonzola Dolce Cream Sauce
Things you need to know- – They resurrected the ‘FED Cave story’ stocks end the day higher – And it’s Jeffrey vs. Jamie – Oh boy….This is gonna be fun – Jamie says rates are going up and Jeffrey says ‘not happening’… – Oil up, Gold up, and European markets are also up – Treasury yields fall – Try the …
Daly and Bostic Reiterate Higher Rates – Try the Chicken Piccata
Things you need to know ~ FED Heads reiterate that rates are going up, no matter how much traders stamp their feet Every analyst trying to handicap Thursday’s CPI print and then the market reaction Investors await the start of earnings season Is the atmosphere so negative that it’s positive? Try the Chicken Piccata ***I am moving my daily commentary …
NFP is both Stronger & Weaker! Algos kick in and Boom! Up we go!/Try the Mushroom/Leek Frittata
Things you need to know ~ NFP is both stronger and weaker, unemployment declines to 3.5% and wages fall – and stocks rocket higher CPI data due out on Thursday this week – expectation is for a decline Oil – tests lower on Friday and is rallying nicely today Gold about to challenge $1900 China re-opens, eliminates travel quarantines Try …
ADP Surprises and Stocks Get Whacked – Try the Grey Goose Martini
Things you need to know ~ ADP surprises to the upside and stocks get walloped NFP due out today…What will that reveal More FED mouthpieces continue to suggest hawkishness and rates well above 5% Oil is up – why? Oh, right the re-opening of China narrative (again) Try the Grey Goose Martini! Oh boy – do I need a …
Not the Way You Wanted to Start the Year! TSLA & AAPL Pre-warn/Try the Shcarola and Bean Soup!
Things you need to know ~ The mood turns sour – TSLA and AAPL pre-announce slowing demand! FED mins due out today…what will we learn? (Nothing) Oil – takes a hit – It’s the demand destruction story all over again Gold pushing higher… Try the ‘Shcarola and Bean Soup’ So not really the way you wanted the year to …
And it Starts All Over Again….Let the New Year Begin – Try the Pasta Faggioli
Things you need to know ~ Happy New Year…. Let’s hope for better performance Big data week – ADP, NFP, Factory orders, Durable Goods, Manufacturing and Services PMI’s and more Oil is now trading in the $80 range – Reuters poll suggests an avg price of $89.30 this year Gold busts up and thru all trendlines – $1900 is in …
NYE is here….Good Bye 2022…Hello 2023! – Try the Ricotta Coffee Cream
Things you need to know ~ Stocks rally as the year ends, Naz rises by 2.5% hardly enough to change the narrative. The issues remain the same and unresolved (as of yet) – FED and global central banks remain aggressive and inflation remains sticky. This years selloff has created longer term opportunities – you just need to look… Try the …
The Headlines are miserable….Tax loss harvesting is the game – Try the Coquito
Things you need to know ~ Its been a tough year. The Grinch stole the Santa rally -investors doing lots of tax loss harvesting and re-allocating to sectors that they think will do better next year. The headlines are all negative, path of least resistance is lower Will covid strike again as a new surge in China is a big …
Remember – Moves will be exaggerated! Don’t stress – Try the Cheesecake
Things you need to know ~ Stronger eco data cause the algo’s to go into sell mode… Bearish comments from Davey Tepper only add to the angst Winter storm hits the nation…Oil trades higher Try the Cheesecake – It is so good. I am taking a couple of days off next week – so expect the next letter on Friday …
