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 …
Stocks Bounce Back, FED is now in Lockdown Mode – Try the Grilled Sea Bass
Things you need to know Stocks shake off early Monday blues to end the day higher Today starts the long awaited FED meeting – 75 bps is the expectation Oil thrashes around and remains in the $80/$90 range Gold fails to hold $1700 all as the dollar remains at the highs Try the Grilled Sea Bass Stocks began the week …
PPI Confirms that the FED is NOT Done/Try the Sausage, Chicken and Sweet Vinegar Peppers
Things you need to know Investors, traders and algo’s took a breath -stocks stabilized There is an 11th hour rail workers contract deal – but it is tentative PPI confirmed what we learned from the CPI – Prices are too damn high Oil pushing higher $89 – US to replace the SPR when oil trades to $80 Futures are up …
Algo’s Throw a Temper Tantrum; Stocks Get Pummeled – Try the Chicken Soup
Things you need to know * Algo’s staged a temper tantrum – sending stocks lower * CPI came in HOTTER – crushing hopes of a more dovish FED * PPI due out at 8:30 * Futures are struggling to find balance but are up this morning * Oil holding steady, gold trading just a bit lower and treasuries are still …
Tick, tick tick….CPI due out in 2 hrs – Try the Fettuccine
Things you need to know Investors prepare for a better CPI But don’t expect the Fed to change their narrative Goldman to lay off 100’s of employees starting today Oil up, dollar down and treasuries remain inverted Try the Fettucine w/Butter & Sweet Cherry Tomatoes Stocks continue to extend the gains that have been building over the past couple of …
Stocks Advance, CPI & PPI due out this week – Try the Roast Sirloin
Things you need to know Have stocks found a bottom? What will CPI/PPI reveal this week? Does it change the narrative? Oil up, Gold up, and Treasury yields up Mortgages, HELOC’s and Revolving credit – Not enough chatter about those credit costs Futures UP, Europe Up Try the Roast Sirloin Good morning, good afternoon or good night – wherever you …
JJ Removes ANY Doubt, Investors Take Stocks UP – Try the Chicken Cacciatore
Things you need to know – Our prayers go out to a nation in mourning….in fact to a world in mourning – as the death of Queen Elizabeth becomes a reality. King Charles III now to take over the monarchy. God Bless the Queen. Stocks rallied hard – JJ takes the guesswork out of it, confirming the move Treasuries yields …
Deep Throat Strikes Again…The WSJ confirms – Try the Lemon Chicken
Things you need to know Stocks rally hard after the WSJ confirms the next FED move GS – now confirms the story – changing their forecast as well Oil – finds support at $81….as the strong dollar puts pressure on commodities Mortgage rates hit 7%…. ouch Try the Lemon Chicken Stocks surge higher…partly due to sellers exhaustion and partly due …
Are Junk Bonds THE Canary in the Coal Mine? – Try the Shrimp Cardinale
Things you need to know The rally faded and is showing signs of exhaustion The dollar surges, treasury prices decline, commodities under pressure Are Junk Bonds – THE canary in the coal mine? (Think leverage) Stick with BIG & BORING…. Try the Shrimp Cardinale Stocks tried to rally….really tried, but then got whacked before the clock struck 10 am…only …
