Things you need to know ~ 10 Yr. Risk Free Rate kisses 4.1377% – putting more pressure on stocks Solomon, Bezos, and Musk all joining the chorus of ‘possible’ Oil – rises by 2%….as crude stockpiles unexpectedly FALL TSLA misses, IBM beats…. Try the Campenelle w/Spinach, Sundried Tomatoes and Mascarpone Cheese July 23rd, 2008……. was the last time that the …
SI gets Crushed, NFLX gets Rewarded; Housing Data Today – Try the Spaghetti
Things you need to know ~ Stocks started out strong – but ended the day off their highs Earnings continue to beat and the ones that do not get punished NFLX will no longer report subscriber growth – as they try and change the investor narrative Dollar up, yields up, while Oil and Gold were down Try the Spaghetti with …
Earnings Beat, Rumor of a FED Pivot? (Please, STOP!) – Try the French Roasted Chicken Parts
Things you need to know ~ Stocks surge on another Bear Mkt Rally that could see S&P 4000 Earning continue to beat – and the algo’s go all in Oil – backs off a bit – Joey to release 14 million more barrels Is UK PM Truss a lame duck after only 6 weeks? Try the French Roasted Chicken Parts …
What was THAT?? Stocks have a Wild Day – Try the Pork Cutlet Milanese
Things you need to know ~ CPI does NOT retreat, rather is becoming entrenched What was THAT?? Stocks collapse then surge higher Massive hedging being credited for the move Treasuries surged higher before pulling back Banks due to report any minute now Try the Pork Cutlet Milanese It was a crazy day…..it started with a hotter than expected CPI …
Will CPI mimic the PPI? DAL Revenues UP, AMAT Warns of a Miss -Try the Chicken Cutlets
Things you need to know ~ PPI was a bit hotter, What will CPI reveal? PEP beats and offers strong forecast FOMC mins reveal stubborn inflationary pressures DAL reports and beats – BLK, WBA and DPX are next AMAT warns of trouble ahead…taking the chip sector lower AGAIN Try the Chicken Cutlets w/Lemon and Walnut Sauce PPI came in a …
PPI out in 2 hrs…BoE Promises to end Emergency Bond Buying – Try the Dover Sole
Things you need to know ~ Stocks attempt to rally – Dow, Russell and Transports UP, S&P and Nasdaq down PPI due out at 8:30…. CPI tomorrow PEP to report – what will they say about the global economy? US futures bouncing off 2022 lows…another Dead Cat Rally? BoE – insists that the emergency bond buying program will not extend …
BoE warns of Financial Instability and Dimon Warns of another 20% decline – Try the Sicilan T-Bone
Things you need to know ~ The week begins on a sour note The BoE warns of UK financial instability Jamie Dimon warns of ‘serious headwinds’ Investors await inflation data and the start of earnings Semi’s continued to get smashed Try the Sicilian T-Bone _____________________________________________- MWCB – Market Wide Circuit Breakers Alert. Level 1 – the S&P would have to …
Inflation and Earnings…Bring in the Clowns – Try the Braised Short Ribs
Things you need to know ~ Stocks got smashed on the back of a strong NFP report and more hawkish commentary It’s big economic data week – PPI & CPI along with Retail Sales And – the earnings parade begins….so bring in the clowns Zelensky bombs a key bridge and Vlad bombs the capital city Saudi’s trying to ‘explain’ their …
Semi’s Under Pressure, Pot Stocks Surge – Try the Tuscan Bean Soup
Things you need to know Stocks fell out of bed – lots of concern over today’s NFP report Dollar index surges by more than 1%…. Oil – is now up 20% from last week’s low – AMD warns of a ‘breathtaking drop in demand’ – Oh boy… Try the Tuscan Bean Soup Stocks got smashed (again) on Thursday as investors …
OPEC tells Joey to Shove it……… – Try the Pasta Carbonara
Things you need to know Traders and Algo’s take profits – stocks back off just a bit OPEC surprises Joey and cuts production by 2 mil bpd! Mary Daly makes it clear – the FED is not pivoting Shell just the latest to ‘warn’ about 3rd qtr numbers – stock down 4% Try the Pasta Carbonara Stocks took a breather….after …
