Things you need to know ~ NFP is both stronger and weaker, unemployment declines to 3.5% and wages fall – and stocks rocket higher CPI data due out on Thursday this week – expectation is for a decline Oil – tests lower on Friday and is rallying nicely today Gold about to challenge $1900 China re-opens, eliminates travel quarantines Try …
ADP Surprises and Stocks Get Whacked – Try the Grey Goose Martini
Things you need to know ~ ADP surprises to the upside and stocks get walloped NFP due out today…What will that reveal More FED mouthpieces continue to suggest hawkishness and rates well above 5% Oil is up – why? Oh, right the re-opening of China narrative (again) Try the Grey Goose Martini! Oh boy – do I need a …
Not the Way You Wanted to Start the Year! TSLA & AAPL Pre-warn/Try the Shcarola and Bean Soup!
Things you need to know ~ The mood turns sour – TSLA and AAPL pre-announce slowing demand! FED mins due out today…what will we learn? (Nothing) Oil – takes a hit – It’s the demand destruction story all over again Gold pushing higher… Try the ‘Shcarola and Bean Soup’ So not really the way you wanted the year to …
And it Starts All Over Again….Let the New Year Begin – Try the Pasta Faggioli
Things you need to know ~ Happy New Year…. Let’s hope for better performance Big data week – ADP, NFP, Factory orders, Durable Goods, Manufacturing and Services PMI’s and more Oil is now trading in the $80 range – Reuters poll suggests an avg price of $89.30 this year Gold busts up and thru all trendlines – $1900 is in …
NYE is here….Good Bye 2022…Hello 2023! – Try the Ricotta Coffee Cream
Things you need to know ~ Stocks rally as the year ends, Naz rises by 2.5% hardly enough to change the narrative. The issues remain the same and unresolved (as of yet) – FED and global central banks remain aggressive and inflation remains sticky. This years selloff has created longer term opportunities – you just need to look… Try the …
The Headlines are miserable….Tax loss harvesting is the game – Try the Coquito
Things you need to know ~ Its been a tough year. The Grinch stole the Santa rally -investors doing lots of tax loss harvesting and re-allocating to sectors that they think will do better next year. The headlines are all negative, path of least resistance is lower Will covid strike again as a new surge in China is a big …
Remember – Moves will be exaggerated! Don’t stress – Try the Cheesecake
Things you need to know ~ Stronger eco data cause the algo’s to go into sell mode… Bearish comments from Davey Tepper only add to the angst Winter storm hits the nation…Oil trades higher Try the Cheesecake – It is so good. I am taking a couple of days off next week – so expect the next letter on Friday …
MU disappoints – but is that really NEW news? – Try the Shrimp Scampi
Things you need to know ~ NKE and FDX please the algo’s – Mkts push higher MU disappoints post the bell, ruins the tone…futures lower Oil kissing $80, Gold holds steady at $1824/oz The kids (FTX) are singing like canaries…SBF on US soil… Try the Shrimp Scampi w/broccolini Existing home sales – plunge…down 7.7% vs. the -5.8% that was expected …
Futures are UP! Santa is on his way! – Try the ‘Shka-Rola & Beans’
Things you need to know ~ It’s gonna get quiet but moves could still be exaggerated. Futures are up – Is Santa coming? OIL higher – China imports rise (really?) OPEC remains ‘proactive’ NKE and FDX BEAT on earnings…and suggest the bottom is NOT falling out. Try the Escarole and Beans (Shka-rola and beans) ** My appearance with Charles Payne …
MS jumps in bed with GS – calls for S&P 3000! – Try the Stuffed Branzino
Things you need to know ~ It’s the end of the year and moves will continue to be exaggerated MS revises outlook and calls for a 20% drop from here Treasuries remain inverted…. Eco data is all about housing. Try the Stuffed Butterflied Branzino So, the story remains the same – Where is Santa??? Stocks continued to come under fire….the …
