Things you need to know Stocks ended the week lower as we moved into the long weekend. OPEC+ cuts production (small but it’s the message) Vlad – shuts down Nord Stream I until the West eliminates all sanctions Gold rallies on all of the geo-political unrest Try the Swordfish -Sicilian Style So much for that ‘oversold position’…..stocks tried to rally …
Will the NFP Report Really Drive the Next Move? -Try the Short Rib Burgers for your BBQ
Things you need to know Stocks were in an oversold position – which is why we had a bounce. Technically – 3903 proved to be support – but do not be surprised if we test it again today Oil bounces off $85 as the Saudi’s once again talk of defending the price China shuts down Chengdou and now threatens Shenzhen …
Loretta Say’s Real Interest Rates Need to Go Poz! – Try the Hot & Sweet Italian Sausages
Things you need to know The bleed continues – more hawkish commentary out of another FED head Real rates need to get into positive territory? Oh boy…. Talk of higher rates send the dollar up and commodities down Treasury yields up – and the curve remains inverted Try the Hot & Sweet Italian Sausages w/peppers, onions & mushrooms The lights …
The Hurricane is Building in the Mkts and OffShore – Try the Dark and Stormy
Things you need to know The hurricane is building – stocks under pressure for 3rd day. Oil – trades back down on demand destruction hysteria and China lockdowns. Expect the Saudi’s to defend the price of oil Russia turns off the pipeline to Germany – Will they turn it on in 3 days as promised? Gold about to test $1700 …
Sacrifice Ratio? – Try the Chicken Provencal
Things you need to know Stocks attempting to find a base – 3996 holds Get to know what the ‘Sacrifice Ratio’ is Is 3% the new 2%? I think so…. VIX reveals some angst – but NOT capitulation Try the Chicken Provencal So, Stocks churned…. moving lower and then rallying back only to move lower again as investors tried to …
JJ Makes it Clear….Algo’s go into Panic Mode – Try the Penne Rigate
Things you need to know JJ finally strapped ‘em on and told us what we all knew The algo’s go into panic mode – buyers retreat, and stocks plunged It is the final week of summer – expect more exaggerated moves Oil up, Treasury yields up, gold down Try the Penne with fresh garden Summer Vegetables Stocks plunged in a …
Think Jackson Hole – Try the Roman Style Chicken
Things you need to know Jackson Hole – that’s all you need to know Try the Roman Style Country Chicken Stocks closed higher as the Jackson Hole boondoggle kicked off…welcoming the global ‘elites’ from every corner of the world (as they all flew in on private jets) as they descend on Wyoming to discuss the state of monetary policy, the …
It’s Jackson Hole….and then It’s September – Try the Rigatoni
Things you need to know Stocks close higher and are struggling to go higher today Today starts the big boondoggle – Jackson Hole – expect that to dominate the airwaves today and tomorrow and then next week as we digest it all Oil – trades higher – Nat gas and Coal in demand September is coming – and history suggests …
FED Hints at Even Higher Rates!/ Joey Cancels Student Debt – Try the Beef Tenderloins
Things you need to know Stocks continue to churn lower Joey is set to CANCEL $10k worth of student debt – Progressive want MORE Oil rallies on the back of the Saudi statements & Nat Gas spikes higher Countdown to Friday – JJ’s appearance at Jackson Hole Try the Beef Tenderloins Eco data yesterday revealed a weakening economy…..……US Services PMI …
Stocks Hit a Landmine, JJ is in the Spotlight – Try the Charred Sweet Corn Salad
Things you need to know Stocks hit a landmine and collapsed by more than 2% Speculation building about what JJ is going to say on Friday OPEC suggests that they are ready to defend the price of oil Europe gets hit with another oil disruption as Vlad prepares to shut down Nord Stream 1 (Nat gas pipeline). Try the Charred …
