Things you need to know: Market continues to churn and MSFT blows the wheels off the bus – stock up 3% FB, AAPL and TSLA today… Hold onto your boots GME! Plunging – after Melvin Cap closes out position Reddit censoring that news to try and stop the bleed! FOMC reports at 2 pm – no change expected Try the …
It Was All a Game GME! – Try the Beef Ragu
Things you need to know: Reddit traders take the stage to sing – “Do you hear the people sing, singing the songs of angry men….” as they storm the hill on GME shorts! Investors get ready for a big week of earnings – Tech in focus Today – 80% of the reports so far this morning have beaten their estimates …
A Big Week for Earnings – Try the Shrimp Scampi
Things you need to know: It’s big week for earnings… Tech in focus Biden relief plan ‘not’ a shoe-in Biden signs executive order to ‘buy American’ Oil continues to churn in a tight range WFH trade continues to produce results as travel restrictions surge Try the Scampi Stocks struggled on Friday… momentum in the Dow and the S&P’s fading while …
Stocks Under Pressure? Say it Ain’t So! – Try the Fusilli
Things you need to know: Stocks struggled and futures are pointing lower this morning Bitcoin continues to lose value – now down > 25% since topping out at $42k Oil under pressure after Joey blows up the Keystone Pipeline (expected) and halts production on Federal lands (also expected) – but it has rallied sharply – so don’t panic Some in …
Stocks Surge and Goldy Suggest OIL Demand is Strong! – Try the Dover Sole
Things you need to know: It’s over and the new administration has moved into the WH. Most stocks surge to new highs… Financials under a bit of pressure. Goldy joins in and predicts $65 oil by summer ‘21 Bitcoin – testing lower – down $2500 – is trendline support ($27,800) the next stop? Try the Dover Sole January 20th… Trump …
It was a Palooza – Try the Meatloaf
Things you need to know: NFLX passes 200 million subscribers and generates more than enough cash – stock up 15% GS reported yesterday and beat (admirably) yet found sellers knocking on the door Today is inauguration day – Joe moves into 1600 Pennsylvania Ave, 20003, Trump moves into 1100 South Ocean Blvd, 33480 Bitcoin under pressure as the crowded trade …
Yellen Set to “Sell the Senate” – Try the Perciatelli
Things you need to know: Biden announced his plan and today Janet Yellen is set to ‘sell it to the Senate’ Expect earnings from GS, BAC, HAL and NFLX The clock ticks on the Trump Presidency; as Biden prepares to take the helm The House impeached Donny, now Nancy sends it to the Senate Lots of eco data this week …
American Rescue & Recovery Plan; Bank Earnings and More – Try the Sicilian Swordfish
Things you need to know: Biden introduces his American Rescue Plan and as expected it is big Futures are a bit lower after the news suggesting it was baked in Earnings season 2021 is now making its debut – JPM, C WFC to walk the walk Oil retreats just a bit after testing $54/barrel; Bitcoin teases $40k (again) S&P should …
Two Fed Officials Tell us “Don’t Worry!” – Try the Linguine w/Artichokes and Pancetta
Things you need to know: Stocks churn ahead of House impeachment vote CPI data as expected – 10 yr treasuries retreat just a bit as they tease investors 2 Fed officials assure us ‘not to worry’; ECB commits to an easy stance (forever!) Oil – flat but wants to kiss resistance at $55 to see what happens. Bitcoin continues the …
Value Outperforms Growth; Rates on the Rise – Try the Tuscan Pork Loin
Things you need to know: Stocks churn and await both the political news and the earnings news Value stocks outperforming Growth in what feels like the 2021 theme Rates continue to rise; CPI due out today – will it suggest more upside pressure? Cyclicals do well (as expected) but don’t abandon ‘tech’ Oil – surges higher; API reveals a drop …
