Things you need to know ***Breaking News – PFE announcing that their ‘booster’ shot is enough to neutralize ‘Omi’ – so there is NO need to develop a whole new vaccine….US futures which were down have now gone positive…. *** Stocks continue to push higher into year end, Omicron fears subside Oil up again, US futures up again – Santa …
Maybe there IS a Santa Claus? Stocks Surge, Omi Fear Subsides/Feast of the 7 Fishes – #5 Mussels Posillipo
Things you need to know Stocks go Risk on as Omicron Fears are Overblown Treasuries Fall, Yields Rise Oil continues to advance – now up $9 in 4 days… Fed to announce a doubling of the taper schedule Feast of the 7 Fishes – #5 – Mussels Posillipo “Yes Virginia – there is a Santa Claus…” At least there was …
FED Gets Even More Hawkish, Tech and Crypto’s Suffer/Feast of the 7 Fishes – #4 Feta Shrimp
Things you need to know It was a tough week for nearly everything Crypto’s came under renewed pressure as the FED considers even more hawkish moves Oil – continues to rally even as OPEC promises to increase supply Omicron – is not turning out to be the as dangerous as they want you to believe. Cases remain mild…. Feast of …
Stocks Surge, Oil Surges & NY Reports 5 Cases of ‘Omi’/Feast of the 7 Fishes – #3 Filet of Sole
Things you need to know Stocks surged; NY now reveals 5 cases bringing a total of 5 states with reported cases…the other 45 surely lining up. NY Governor Houchell says – “This is NOTHING to panic about” – Whew! Mixed data on the need for a new vaccines. Will the current version be enough protection? Oil spikes higher yesterday and …
Omicron is HERE! Now What? – Feast of the 7 Fishes – #2 Stuffed Calamari
Things you need to know – CNN has first mover advantage as the networks allow them to announce the arrival of Omicron to help take the pressure off Chris and Andy Patient #1 is in California – where will it show itself next? Stocks go from Buy to Sell in a heartbeat. And end on the lows of the day …
Now it’s the TURBO TAPER – Oh boy! – Feast of the 7 Fishes…
Things you need to know – Jay pivots – transitory replaced by TURBO Janet warns congress not to ‘eviscerate the economy’ Moderna CEO suddenly realizes that he cut his own finger off…. Sentiment today is a complete reversal of yesterday….Sit tight It’s December and I give you the Feast of the 7 Fishes It was November 30th, and I felt …
Stephane Bancel is Now the Mkt Driver? – Try the Roasted Cauliflower Soup
Things you need to know – Moderna CEO Bancel is apparently the new Siren…. We went from ‘don’t worry’ to ‘not so sure it isn’t worse’ – which I think is debatable. Oil, stocks, crypto and the dollar all under pressure, Bonds up, Gold Up J&J (Jay and Janet) to address the Senate today….Concerns are rising OPEC to meet next …
S.A. Says “Don’t Worry” & Stocks Rally – Try the Mashed Potato Surprise
Things you need to know – S.A. Says ‘Don’t worry…’ as a dozen nations ban travel to and from S.A. Global markets are now in rally mode – Europe UP, US futures pointing up FED not expected to change the schedule Portfolio managers and asset managers back at their desks – Cooler heads prevail Try the Mashed Potato Surprise Global …
Clarity Restored! It’s the Jay and Lael Show – Will Rates Rise? – Try the Fried Turkey
Things you need to know Clarity restored at the FED…. Jay gets the nod and Lael gets elevated to vice chair Joey to announce a release of oil from the SPR today…but will that really solve the problem? Treasury rates rise, investors are now betting of an interest rate rise may come sooner Lots of eco data today and tomorrow …
Thanksgiving is Here – What will Joey Do About the FED – Try the Chicken Scarpariello
Things you need to know It’s a holiday week – the market usually advances Continued inflationary pressures leave some to consider chicken? Lizzy Warren is blaming rising oil prices on price gouging – laughable All eyes remain on focused on the WH and its FED announcement – Has the mkt voted for Lael? Try the Chicken Scarpariello (for Thanksgiving) Stocks …
