Things you need to know. Conference board suggests Americans are optimistic. Today marks end of month, quarter, and 1st half of 2021 – expect plenty of window dressing. ADP And NFP will be the drivers this week as we move into the long weekend. OPEC to announce their next move tomorrow – Oil is up and likely to go higher. …
Banks Reward Investors; Ark Files for a New Fund – Try the Chicken Scarapiello
Things you need to know. Stocks push higher as any and all concerns abate The big banks reward investors…big divvy increases and buybacks 10 Yr Treasury remain quiet, Gold backs off, Oil holds tight Cathie Wood – files for a Bitcoin ETF Try the Chicken Scarapiello Stocks continue to push higher…in a clear sign that investors are not concerned at …
Biden Backtracks; Earnings only 2 weeks away; OPEC + Meets on Thursday – Try the Cavatappi w/Broccoli
Things you need to know. Stock’s churn – S&P makes a new high, Nasdaq under a bit of pressure. Biden ‘backtracks’ and promises to sign part 1 without a part 2. Dems not happy Investors prepare for another strong earnings season. OPEC + meets on Thursday, oil continues to march higher. Lots of eco data this week – Friday’s NFP …
Part 1 of a Deal is Done? Banks Pass Stress Tests – Try the NE Fried Clams
Things you need to know. Biden says ‘a deal is done’ but then says ‘maybe not’ Lizzy Warren and the progressive left are enraged FED’s pass every bank on the stress tests – expect divvy and buybacks to surge Try the Cape Cod NE Style Fried Clams (Yum!) The headlines tell us that stocks marched higher because an ‘infrastructure deal’ …
Bostic Floats 2022 Keeping it in Play; Indexes at all Time Highs -Try the Rigatoni
Things you need to know. Bostic says 2022, Powell is sticking to 2023 – but it is IN play Indexes closer to all time highs, VIX plunges suggesting too much complacency Oil – Demand is strong, inventories are down, prices going higher Bitcoin holding the neckline – but it’s not over….. Try the Rigatoni Stocks traded in a tight range …
Jimmy was a Flash in the Pan; Listen to Jay – Try the Grilled Shrimp
Things you need to know. Jimmy Who? Powell and Harkins disregard his commentary, Algo’s loved it. This was a ‘technical bounce’ not a fundamental shift in psychology Stocks up, Yields up, Oil up, Dollar up, Vix down, Gold down Bitcoin gets closer to the danger zone – expect the media to bring out all the big boys telling us to …
What did Jimmy Say? Rates to Rise in 2022? – Try the Pan Seared Scallops
Things you need to know. Jimmy, Jimmy, Jimmy…. VIX up, Yields Down, Dollar Up, Commodities Down More FED speak today….will that cause markets to fall again? China cracks down on Bitcoin and it is now down 9% – Key level is once again $30,000 Try the Pan Seared Scallops Stocks took it on the chin on Friday….with the Dow falling …
Markets Reconsider Risk Allocation – Try the Linguine and Clams
Things you need to know. Rotation takes money out of the recovery trade and puts it back to work in Tech. Confusion remains over what is next and so the markets churn. No eco data today to drive the action – so it will be more FED speculation. Commodities continue to retreat as the dollar strengthens. Try the Linguine and …
The Fed Comes Clean; Inflation is Real (but temporary!) – Try the Mahogany Chicken
Things you need to know. Hello?? Fed wakes up! Raises Inflation expectations from 2.4% to 3.4% Talking about Talking about a change has begun Dot Plot suggests not one but two rate hikes in 2023 Dollar rallies, Oil and Gold fall, Vix rise, Treasury prices fall sending yields up Try the Mahogany Chicken Wake up! Wake up! The Doves have …
The Clock Ticks & Investors Await – Try the Spaghetti Ubriachi
Things you need to know. Countdown to 2 pm…. tick, tock, tick, tock Global markets in a holding pattern Oil up another 40 cts – now trading at $72.48/barrel. Bitcoin and Ethereum are quiet. Try the Spaghetti. Stocks ended the day lower on Tuesday, but off their worst levels. The S&P’s and Nasdaq pulled back from all-time highs set Monday …
