Things you need to know Stocks churn – feeling a bit tired Growth outperforming Value in what feels like no change in FED policy ADP comes in at nearly 50% of the estimate – what will NFP say? OPEC sticks to the production increase – crude falls but then rises as demand remains strong Try https://getheadstrong.org/ Stocks wavered but then …
Welcome to September – Jobs Report will be the Focus This Week – Try the Chicken Provencal
Things you need to know Summer is officially over in just 5 days…. Will Jay Powell finally announce a decision at the September FED meeting that begins on 9/21 and ends on 9/22? Gold and Oil are fighting trendline resistance while the Dollar tests trendline support Try the Chicken Provencal It’s over – the month that is….and it ended on …
Goodnight Kabul, Eliminate PFOF? It’s About Time and Watch out GOOG & APPL – Try the Fettucine
Things you need to know The war is over – the last C-17 takes off Stocks end mixed with S&P and Nasdaq making new highs The Growth Trade keeps growing…leaving Value aching for more HOOD under pressure as Gensler considers PFOF elimination (it’s about time) South Korea imposes curbs on Apple and Google Try the Fettuccini w/Leeks and Peas Good …
Jay Powell Did NOT Disappont, Investors Celebrate – Try the Veal Polpettone
Things you need to know Jay Powell takes the stage at 10 am and he did NOT disappoint Investors took stocks higher as they celebrated a taper w/out a rate rise Ida slams the Louisiana coast – watch the insurance stocks Energy gains ahead of the hurricane – expect some pullback before the next advance. ADP and Non-Farm Payroll this …
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Powell Takes the Stage at 10 am EST – Period – Try the Grilled Pork Chop w/Cherry Tomatoes
Considering the American tragedy yesterday – I offer my condolences and prayers for each of the American families that suffered huge losses and will suffer great pain in the days and weeks ahead. God bless all of you, God bless our veterans and God Bless America. ___________________________________________________________________________________ Let us never forget…. Things you need to know – Jay Powell takes …
Hello Jackson Hole!! (via Zoom) – Try the Pan Seared Garlic Butter Rib-Eye
Things you need to know It is Jackson Hole 2021 (finally) Markets make new highs going into the meeting VIX reflects zero event risk Oil traders taking profits after the 9% spike Try the Pan Seared Butter Garlic Rib-Eye Investors took stocks higher on Wednesday on lower volumes (we discussed this…end of August, vacations etc.) in what was a relatively …
The Market Did NOT Go Down, Nancy Pulls out All the Stops – Try the Beef Short Ribs
Things you need to know The market did NOT go down Economic data was just a bit weaker – positive for FED policy The house passes a $3.5 Trillion blueprint for the human infrastructure bill Oil rallies and has now gained back 9.5% in 3 days. Joey commits to the Taliban imposed August 31st end date Try the Beef Short …
FDA Give Final Approval, FED expected to Say Nothing New, Investors Rush In – Try the Simple Baby Back Ribs
Things you need to know PFE/BioNTech get full FDA approval – Investors celebrate Eco data mixed; PMIs suggest weakness. Pelosi fails to advance the $3.5 trillion package and she isn’t happy – but she will try again today. Expect that there will be hell to pay if members don’t fall in line. Oil surges 5.5% and is up again today …
It is Jackson Hole Week – Is the FED Playing w/Fire? – Try the Spaghetti w/ Roasted Sweet Red Pepper Sauce
Things you need to know Stocks ended the week a bit black and blue but today it’s all green Focus on the virtual Jackson Hole Summit – Some of the members now suggesting that delta may cause them to hold off Dollar strengthens, putting pressure on commodities – Oil getting hit by that story and the demand destruction story – …
