Things you need to know Nasdaq continues to get slammed as investors reprice the risk Eco data is starting to show cracks New Home Sales reacting to higher rates FOMC minutes due out at 2 pm Try the Ratatouille for the weekend BBQ And the beating continues….stocks under pressure for most of the day, the Nasdaq goes deeper and deeper …
The Rally Fizzles, SNAP Snapped – Try the Simple Baby Back Ribs
Things you need to know The rally does not have legs – stocks under pressure Eco data today details the state of housing 10 yr. treasuries prices are up again, oil is under a bit of pressure Expect more fallout over the Joey ‘Taiwan’ commentary as the WH tries to bury that story. Try the Simple Baby Back Pork Ribs …
Stocks are UP (again), Joey Creates a Firestorm in China – Try the Short Rib Burgers
Things you need to know We kissed the bear and ran away Joey ignites a firestorm around China/Taiwan and then again around the Indo-Pacific ‘understanding’ that doesn’t include China Oil higher, sends gasoline higher – CA has a $6 handle on a gal of gas (a Ford 150 now costs you $150 to fill it) Try the Short Rib Burgers …
It’s Friday and Stocks are in RALLY Mode – Try the Chicken Thighs w/Pancetta
Things you need to know Stocks around the globe are in rally mode after a tough week Treasury yields are up small, while prices are down small Oil whips around…and is solidly in the $100/$120 range It feels like we are closer to a bottom – but don’t bet the ranch just yet Try the Thighs/Pancetta and Balsamic Vinegar The …
Now They Are Hitting The Stalwarts – Getting Closer to the End – Try the Mac & Cheese
Things you need to know Dow Slides More than 1100 Points in Worst Day Since 2020 = wsj Stock Rout Deepens as Economy Concerns Pile Up – Bloomberg Stock Futures Fall After Dow’s Worst Day Since 2020 – cnbc TGT, WMT’s Inflation Warning Bad Omen For Stocks & Economy – Fox Business Inflation is now officially out of control …
No Follow Thru on Monday – But it’s Turnaround Tuesday – Try the Scampi
Things you need to know I will be in NYC this week attending the Headstrong Project 10th annual benefit gala – on Thursday evening – May 19th. Recall that the Headstrong Project is the veteran’s organization that my wife and I are intimately involved with. Click here to see the video created for the 10th anniversary of this amazing organization …
Is the Bottom in? Probably Not – Try the Puttanesca -not PUTIN-nesca!
Things you need to know Stocks rose, JJ confirms what we all knew A relief rally could go on for a couple of weeks…. Sit tight Weakest sectors led advance – why is that a surprise? Try the Puttanesca – not PUTIN – esca! My apearance on Fox Business with Maria Bartiromo’s ‘Wall Street’ over the weekend – here …
JJ Finally Admits What we all KNEW! – Try the Bran Muffins (to help regulate)
Things you need to know PPI suggests that inflation is persistent vs. peaking – mimicking the CPI JJ confesses that he can’t ‘guarantee’ a soft landing…. (Is anyone surprised?) Stocks continued to come under pressure as investors prices in the worst-case scenario Try the Bran Muffins to help regulate the markets Savagely violent, punishingly hard, uncomfortable…..These are all words that …
CPI is NOT Peaking, It is Persistent – Try the Pasta, Butter, Eggs and Cheese
Things you need to know CPI suggests that inflation is persistent vs. peaking PPI due out at 8:30 am – what will we learn? Crypto meltdown only adding fuel to the fire European markets down 2.5%, US futures pointing lower as well Try the Pasta, Butter, Eggs and Cheese And the beating continues – stocks get hammered as some investors …
Peaking is NOT Rolling Over and Dying – Try the Pork Loin
Things you need to know Stocks march in place waiting for today’s CPI – Peaking is not rolling over Joey blames covid, Vlad and the Ultra Maga’s for out-of-control inflation Loretta teases that 75 bps is ON the table while the other choose to ignore her. Oil trades down and then up again as the EU bans Russian oil and …
