Things you need to know Investors, traders and algo’s took a breath -stocks stabilized There is an 11th hour rail workers contract deal – but it is tentative PPI confirmed what we learned from the CPI – Prices are too damn high Oil pushing higher $89 – US to replace the SPR when oil trades to $80 Futures are up …
Algo’s Throw a Temper Tantrum; Stocks Get Pummeled – Try the Chicken Soup
Things you need to know * Algo’s staged a temper tantrum – sending stocks lower * CPI came in HOTTER – crushing hopes of a more dovish FED * PPI due out at 8:30 * Futures are struggling to find balance but are up this morning * Oil holding steady, gold trading just a bit lower and treasuries are still …
Tick, tick tick….CPI due out in 2 hrs – Try the Fettuccine
Things you need to know Investors prepare for a better CPI But don’t expect the Fed to change their narrative Goldman to lay off 100’s of employees starting today Oil up, dollar down and treasuries remain inverted Try the Fettucine w/Butter & Sweet Cherry Tomatoes Stocks continue to extend the gains that have been building over the past couple of …
Stocks Advance, CPI & PPI due out this week – Try the Roast Sirloin
Things you need to know Have stocks found a bottom? What will CPI/PPI reveal this week? Does it change the narrative? Oil up, Gold up, and Treasury yields up Mortgages, HELOC’s and Revolving credit – Not enough chatter about those credit costs Futures UP, Europe Up Try the Roast Sirloin Good morning, good afternoon or good night – wherever you …
JJ Removes ANY Doubt, Investors Take Stocks UP – Try the Chicken Cacciatore
Things you need to know – Our prayers go out to a nation in mourning….in fact to a world in mourning – as the death of Queen Elizabeth becomes a reality. King Charles III now to take over the monarchy. God Bless the Queen. Stocks rallied hard – JJ takes the guesswork out of it, confirming the move Treasuries yields …
Deep Throat Strikes Again…The WSJ confirms – Try the Lemon Chicken
Things you need to know Stocks rally hard after the WSJ confirms the next FED move GS – now confirms the story – changing their forecast as well Oil – finds support at $81….as the strong dollar puts pressure on commodities Mortgage rates hit 7%…. ouch Try the Lemon Chicken Stocks surge higher…partly due to sellers exhaustion and partly due …
Are Junk Bonds THE Canary in the Coal Mine? – Try the Shrimp Cardinale
Things you need to know The rally faded and is showing signs of exhaustion The dollar surges, treasury prices decline, commodities under pressure Are Junk Bonds – THE canary in the coal mine? (Think leverage) Stick with BIG & BORING…. Try the Shrimp Cardinale Stocks tried to rally….really tried, but then got whacked before the clock struck 10 am…only …
Time to Focus – Saudi’s Cut Production, Vlad Shuts Down Nord Stream – Try the Swordfish – Sicilian Style
Things you need to know Stocks ended the week lower as we moved into the long weekend. OPEC+ cuts production (small but it’s the message) Vlad – shuts down Nord Stream I until the West eliminates all sanctions Gold rallies on all of the geo-political unrest Try the Swordfish -Sicilian Style So much for that ‘oversold position’…..stocks tried to rally …
Will the NFP Report Really Drive the Next Move? -Try the Short Rib Burgers for your BBQ
Things you need to know Stocks were in an oversold position – which is why we had a bounce. Technically – 3903 proved to be support – but do not be surprised if we test it again today Oil bounces off $85 as the Saudi’s once again talk of defending the price China shuts down Chengdou and now threatens Shenzhen …
Loretta Say’s Real Interest Rates Need to Go Poz! – Try the Hot & Sweet Italian Sausages
Things you need to know The bleed continues – more hawkish commentary out of another FED head Real rates need to get into positive territory? Oh boy…. Talk of higher rates send the dollar up and commodities down Treasury yields up – and the curve remains inverted Try the Hot & Sweet Italian Sausages w/peppers, onions & mushrooms The lights …
