Things you need to know. US markets finished mixed last week, futures are up this morning Services PMI – scores 70.1 as the country re-opens Crypto assets continue to swing wildly all week-end Oil is trading up – GS re-iterates the bullish argument Try the Veal Scallopine Good Monday morning – US stocks finished mixed on Friday, giving back most …
Calm is restored; Investors hit the Buy Button – Try the Bucatini
Things you need to know. Calm is restored – Investors go bargain hunting Eco data today includes PMI’s and Existing Home Sales Iran nearing a Nuclear Deal – means more oil on the market Bitcoin & Ethereum settle down Try the Bucatini Good morning – It is Friday and futures are looking up again….in a follow through from the rally …
What did the FED Say? – Try the Pollo Agridolce
Things you need to know. Markets rallied into the close but US futures are negative this morning Bitcoin and Ethereum have settled down The FED didn’t really say anything new – or did they? We’ll discuss Oil under pressure as traders accentuated the negatives – that will change Try the Pollo Agridolce Mamma mia! What a day it was…..as I …
Reversal of Fortune? Cryptos Get Smashed; FOMC Day – Try the Roasted Sea Bass
Things you need to know. Stocks got sloppy yesterday and are even sloppier this morning 10 yr yields up, VIX up, Gold up, Stocks down Cryptos getting smashed…Bitcoin pierces trendline support at $39,800 – China cracks down says ‘Not so fast, not happening..’ Markets await the 2 pm FOMC announcement – Try the Roasted Sea Bass in Marsala Wine on …
Burry Bets Big Against TSLA; Gold Advances – Try the Firecracker Chicken
Things you need to know. US futures are bouncing this morning – but the mood remains erratic Michael Burry makes a big bet against TESLA (and by default ARKK ETF) Gold quietly advances as money moves back into the ‘traditional’ inflation hedge Oil – moves higher – kissing $67/barrel… Focus is squarely on FOMC tomorrow – Clarida and Bostic support …
The ‘I’ Word; Musk Tweet Sends BC Plunging – Try the Linguine w/ Artichokes and Pancetta
Things you need to know. Friday’s rally appears to be fading – FOMC mins due out on Wednesday Inflation is becoming even more top of mind, investors are nervous and the Fed says that they are staying the course Lonnie Musk disrupts the crypto world on Sunday sending Bitcoin plunging 10 yr treasury holding tight, Oil up small, Dollar declines …
Investors Ignore PPI and Focus on the Recovery (Again): Futures Higher – Try the Seared Halibut
Things you need to know. BLS reports PPI – Investors ignore the increase Companies adding 10’s of ‘1,000’s of new jobs – Base wages rise Investors go bargain hunting – the value trade is still in the lead Musk now tweeting and supporting Doggey Coin – it rallies 37% Try the Seared Halibut w/ Orange Butter 8:30 am….the BLS reports …
CPI Spikes, What will PPI Say? Bitcoin Plunges – Try the Linguine Arrabiatta
Things you need to know CPI spikes higher than expected, Some investors run for the exits We get PPI today – What will that reveal? Lonnie Musk causes confusion in Bitcoin sending it reeling down 15% And that takes all of the other crypto’s with it… Oil falls as the Colonial Pipeline comes back on line – shortages remain Markets …
Countdown to CPI; Will Investors Take it in Stride? – Try the Pasta w/Pink Sauce w/Peas
Things you need to know. The clock ticks towards 8:30 – Will CPI create a storm? 10 yr yield holds tight at 1.62%, while the VIX spikes by 11% Oil is rallying again as many east coast states report gas shortages Jimmy Bullard says ‘Don’t be ridiculous – It’s too early to discuss’ Try the Pasta in Pink Sauce w/Peas …
Tech Wreck Goes Global; “Houston, we have a problem” – Try the Risotto
Things you need to know. Inflation concerns taking its tolls on stocks around the world as the ‘tech wreck’ goes global. No eco data today – so the conversation is all about Wednesday and Thursday. Colonial Pipeline expects to be back by the weekend. Key S&P levels identified, and circuit breakers are on alert. Try the Risotto. Look – it …
