Things you need to know: S&P did it again – Tried and Failed Chaos in DC rages on and the Senate goes on vacation? UK imposes travel restrictions on France US cases in decline but so is testing Oil under pressure as the Int’l Energy Agency re-iterates lower demand in 2021 Try the Mahi Mahi Stocks meandered most of the …
Maybe it was a Kamala Rally? Try the Ratatouille
Things you need to know: Maybe it was a Kamala Rally? S&P tests the high and fails Nasdaq and tech return with a vengeance OPEC going negative on the outlook – but oil holds steady Try the Ratatouille The S&P once again flirted with the all-time highs yesterday after it came under late day pressure on Tuesday… Questions about what …
A Kamala Selloff?/Stuffed Chicken Cutlets
Things you need to know: What caused the reversal yesterday? Biden does it and picks Kamala – Party to start today at noon European markets are up/US futures are up too! API reports drop in oil inventories – so demand is good, oil is up S&P to attempt another push up and through (not today) Try the Stuffed Chicken Cutlets …
S&P Kisses All-Time High… Is it Just a Tease?/Try the Potato & Veal Meatballs
Things you need to know: Russia announces a ‘vaccine’ beating ‘everyone else’ to the punch. (or so they think) Trump talking tax cuts – both payroll and capital gains – Markets surge Nancy and Chucky negotiating with Stevey about when to negotiate Gold falls $45 and pierces $2000/oz; Oil surges up by more than 1.4% S&P Kisses all-time highs Try …
Growth vs. Value/Try the Rib Eye Pizzaiola
Things you need to know: Non-Farm Payroll suggests that we are moving in the right direction US/China tensions, Stimulus tensions, Political Tensions all keeping a lid on Over the weekend, we learned that the US now has more than 5 mil virus cases – Let’s just say that the whole country is infected; wear a mask and work towards a …
RE: Trump vs. China/ Try the Risotto
Things you need to know: Trump creates more angst with China – TikTok and WeChat in the news DC still in a mess – no deal as of yet – Forcing Trump to threaten an executive order S&P fills the gap but today it will fail – but don’t worry – it’s just consolidating Non-Farm Payroll – due out at …
Another Day, Another Dollar…/Try the Spaghetti & meatballs
Things you need to know: Nasdaq pierces 11,000 Main St watching Wall St watching Pennsylvania Ave Eco data continues to improve Gov’t considers extending PPP loans Will Joey announce today? Who will be the VP’s VP? Back to Basics – Try the Spaghetti and Meatballs Another day another dollar… stocks rise, Nasdaq surges up and thru 11,000 (for a brief …
The DC Waffle…
Things you need to know: DC says they are getting closer to a deal – Markets continue to rally Gold surges up and thru $2,000/oz and is now trading at $2,054/oz API reports a drop in inventory – oil surges 2% 10 Yr Treasuries rally, sending yields plunging – When will we hear from Joey? Markets not pricing in ‘election …
What Should Valuations be for Tech?/Try the Salmon
Things you need to know: It feels good today… but remember how ugly it felt in March – keep it in perspective What should valuations be for tech? Gold hovers just below $2000/oz as it awaits more data Oil remains in the $35/$45 range. Markets wait for Biden to announce… Try the Salmon Stocks continue to surge… Enjoy this run …
Tech to the Rescue! Try the Veal Polpettone
Things you need to know: Global PMI’s pointing to improvement WH and Congress – still far apart on a new deal Dollar gains, oil and gold churn OPEC & OPEC+ to increase production – but we know this SPX feels a bit tired… Try the Veal Polpettone Tech to the rescue again…stocks did rise on Friday – after struggling for …
