Things you need to know Traders and Algo’s take profits – stocks back off just a bit OPEC surprises Joey and cuts production by 2 mil bpd! Mary Daly makes it clear – the FED is not pivoting Shell just the latest to ‘warn’ about 3rd qtr numbers – stock down 4% Try the Pasta Carbonara Stocks took a breather….after …
Is that all you got? 2 day rally? – Try Fantasia’s Shrimp Scampi
Things you need to know Day 2 of a monster rally – (this can’t go on) OPEC + to meet in Vienna, Austria today – Production cuts on the table Energy up more than 7% in two days Earnings are now only one week away…. financials first to report – rumor has it that they won’t disappoint Futures pointing …
4th Qtr RALLY! Investors Bet on A Pivot!/Try the Baby Stuffed Pumpkins.
Things you need to know It is a new quarter and investors went on a shopping spree – stocks rallied by more than 3% – investors expecting a FED pivot Oil rallied by 5% as the OPEC decision looms Treasury yields fall as some are betting that the FED will pivot! US futures are up again today as the FED …
UK doubles Down; CS down 12%; Stocks Struggle – Try the Pasta Faggioli
Things you need to know UK ‘abandons’ the tax CUTS that were announced last week – the Pound rallies and UK stocks fall US futures which had been struggling overnight – got a boost from that headline are now slightly higher but struggling to hang on. Oil -is up 3+% on the chatter that OPEC+ is set to announce more …
QC – Quantitative Confusion! – Try the Potato & Eggs
Things you need to know Dow theory continued to play out Global bond markets sell off sending yields higher Apple cuts iPhone Production – stock down 3.5% Oh boy… It’s Potatoes and Eggs – comfort food at its best. _________________________________________ MWCB (Market Wide Circuit Breaker) levels (Again). Just for your information Level 1 – the S&P loses 255.31 pts – …
Goldman says ‘its time to SELL’ (contra indicator) – Try the Thighs
Things you need to know Dow theory continued to play out Global bond markets sell off sending yields higher UK currency markets in turmoil VIX surges above 30…. suggesting more volatility OPEC Watching the oil markets – ready to intervene Try the Chicken Thighs – delish _______________________________________________________ MWCB (Market Wide Circuit Breaker) levels (Again). Just for your information Level 1 …
Dow Theory Triggered, S&P to re-test June Low? – Try the Garganelli
Things you need to know Dow Theory gets triggered – stocks go lower S&P kisses June lows and holds…Today is another chance to test Oil trades lower, think stronger dollar and global recession narrative – OPEC will not stand idly by Italy elects Giorgia Meloni in a SNAP election Try the Garganelli w/Sweet Sausage in a Tomato Cream Sauce _______________________________________________________ …
Investors continue to Re-Price Risk – Try the Penne Rigate
Things you need to know Buyers remain patient allowing sellers to come to them Central banks around the world join in the fun Investors now having to re-price the risk of rising inflation and the cost of a longer recession Oil up on Russian and Iranian conflicts on Thursday and Down this morning on the global slowdown narrative. Really? And …
JJ Makes it Clear AGAIN – Try the Veal Scallopini
Things you need to know JJ repeats the message and makes it very clear – Rates are going even higher than consensus! Stocks plunge on the news 2 yr. treasuries have now PIERCED 4% Try the Veal Scallopini Remember – ‘Lower for Longer’? Well, now it’s ‘Higher for Longer’…. It was the September SURPRISE…….While the FED did as expected – …
Futures Point Higher…FED to raise by 75 bps – Try the Linguine Arrabiata
Things you need to know It’s FED Day…. Expect 75 bps…. But what will JJ say about the next move? Oil rises on increased Russian violence…. Nuclear plant in Ukraine gets hit – Not a disaster YET…. Try the Linguine Arrabiata…. (Stick with the theme of anger!) Get ready – cause here it comes….it is Fed Day, and the …
