Things you need to know. Stocks churn as investors digest G7 Tax Proposals, Yellen’s rate/inflation comments and ongoing supply chain issues. BioGen gets FDA approval for its Alzheimer’s drug – BIIB +34% FEDS – take back $2.3 mil of Colonial Pipeline Ransom = 67 bitcoins…. BTC down 8% – will it test the KEY $30,000 level? Try the Stuffed Eggplant …
Miami Hosts Bitcoin Groupies; El Salavador Joins the Party; GS a bit Negative – Try the T-Bone
Things you need to know. It’a Bitcoin Palooza in Miami & El Salvador Janet Yellen pushes for $4 Trillion spending to spur inflation G7 ink an ‘agreement’ for a global corporate tax rate of 15% – but not so fast Treasury yields up, Oil churning, Dollar Up and Gold Down Try the T-Bone from Trentino/Alto Adige Stocks edged higher on …
Stocks await the NFP report; MEME Stocks Under Pressure; Oil is now $69.10/Barrel – Try the Mostaciolli Rigate
Things you need to know. Markets continue to churn and wait….. Tech under pressure again – is that telling us anything? Fed remains divided on the next move – Will today’s NFP change that narrative OIL is now in the $69 range, Bitcoin, Ethereum & Doggey Coin are all lower Try the Mostaciolli with Arugula and Cannelloni Beans. ** I …
S&P Churns; MEME Stocks Explode & Employment is Today’s Focus – Try the Pork Cutlets Caprese
Things you need to know. Broader market churns – MEME stocks on fire FED’s Beige Book reveals a robust recovery AND building inflationary pressures. Employment is the focus today. Treasuries yielding 1.6%, Gold trading at $1900, Oil at $68.70 Bitcoin $39k, Etherum at $2,800 and Doggy Coin is at 41 cts. Try the Pork Cutlet Caprese Most stocks continued to …
Stocks Snooze and Await More Data – Try the Spinach/Edamame Pesto
Things you need to know. Stock’s snooze, Investors await Friday’s NFP report Good vs. Bad Inflation – what is your opinion? US gets hit by another Cyber Attack – this time it is the meat industry. Oil marches higher, Airlines welcome back the business traveler. Try the Spinach/Edamame Pesto So, stocks began June by hitting the snooze button – not …
It’s June and Futures are UP, Oil is Up and Bitcoin is Down – Try the Roman Style Chicken
Things you need to know. US futures are UP, Oil is UP, Cryptos are DOWN, 10 Yr is flat It’s a new month and the mood is bullish, the VIX remains complacent Key data points this week – both the ADP employment and Non Farm Payrolls report Next Fed meeting June 15th – 16th. 4 Fed Presidents to speak on …
It’s Memorial Day Volumes are Down Expect Exaggerated Moves – Try the Watermelon Tomato Salad
Things you need to know. It’s Memorial Day – volumes expected to be light, thus moves exaggerated Eco data yesterday supposedly driving the action – I’m not so sure 10 Yields and Gold remain steady, Oil rises and Bitcoin falls Try the Watermelon /Tomato Salad It’s Memorial Day – A time to remember all of those men and women who …
Quarles Adds to the FED Confusion; Drama on Capitol Hill – Try the Short Rib Burgers
Things you need to know. More FEDSpeak leaving investors confused – Quarles the latest Drama on Capitol Hill as Lizzy goes after Jamie More testimony today by the big banks about how they handled covid Bitcoin, Ethereum, Oil, Treasuries, Gold, VIX all quiet…. Try the Short Rib Burgers – So delicious FED Vice Chair – Randy Quarles was on the …
More Hints, but no Action (yet) as the FED Jawbones – Try the Greek Style Shrimp
Things you need to know. More and more FED talk – and more hints about hinting but no action Markets waffle as it digests the latest comments but futures are higher today Bitcoin back above $40k, Ethereum at $2,800 Oil holding tight at $66 Try the Greek Style Shrimp for Memorial Day Weekend Hello, hello……It’s Wednesday – stocks struggled yesterday…. …
Inflation is a NON-EVENT – Capisce? – Try the Pasta Limone
Things you need to know. Inflation remains transitory – investors take the markets higher Lonnie Musk Tweets about renewable energy sources for cyrptos causing them to surge in the afternoon Oil – rallies another 3.5% taking it up and thru $66/barrel – an 8% move in 3 days… US futures edge higher as the S&P is just 1% below all …