Things you need to know Stocks ended the week a bit black and blue but today it’s all green Focus on the virtual Jackson Hole Summit – Some of the members now suggesting that delta may cause them to hold off Dollar strengthens, putting pressure on commodities – Oil getting hit by that story and the demand destruction story – …
More Volatility Ahead….Russell & Transports Hovering at Correction Territory – Try the Mostaccioli w/Arugula & Cannelloni Beans.
“What’s Next for the Markets?” On Thursday, August 26th – As the Chief Market Strategist at Slatestone Wealth – I will be interviewing CNBC’s Ron Insana about the State of the Union…. With the start of the Jackson Hole Fed Meeting that afternoon, this interview could not be timelier. What to expect? What does the split in thinking mean for …
The FED Fracture Suggests a Break, The Tali is Suing Over Free Speech – Try the Chicken Soup
Things you need to know FED minutes suggest a bit more of a fracture among the Paparazzi Sellers having a second thought on current valuations, while the buyers are undeterred, but choose to bid lower! (Wink wink) The VIX soars and is up another 20% this morning. Oil – taking it on the chin – breaking $63 before rebounding. Is …
Call the Police! – Stocks FELL – Who Stole the Buyers? FOMC Mins only Hours Away – Try the Rib Eye Pizzaiola
Things you need to know Stocks fell? No way… Eco data was weaker than expected and HD and WMT beat estimates but disappoint the trader types VIXY and SH – two ways to help hedge your portfolio Try the Rib-Eye Pizzaiola Stocks FELL!!! No, that is not a typo…. Stocks FELL…. quick someone call the police – How could that …
Stocks Buck the Trend; Fed Makes it Clear; Xi Xi has a New Friend – Try the Apricot Chicken Thighs.
Things you need to know Stocks buck the trend and end the day higher even in the face of all the news The FED makes it clear – the tapering to start in November, finish by July 2022 Rates are not expected to move until 2023 China extends a hand to the Taliban – Rare earths are KEY. Oil sitting …
Taliban Takes Kabul and the FED Floats an August Announcement – Try the Rigatoni
Things you need to know Afghanistan falls like a ton of bricks after the Taliban takes Kabul President Ghani flees country, leaving citizens to fend for themselves Markets are NOT reacting to this news…. but it is reacting to the latest FED headline…. And the Delta variant continues to disrupt businesses and the supply chain Try the Rigatoni in a …
PPI Surges, Delta Creates Chaos, FDA Approves the Booster – Try the Shrimp Scampi
Things you need to know PPI surges yet NOT one comment about the pressure Initial Jobless/Cont Claims improve -so that was the focus Delta continues to create chaos – all while stocks move up FDA now approves a Booster….The bio-techs respond nicely Oil traders lament covid while stock traders ignore covid Try the Shrimp Scampi And stocks go up again….as …
Stocks & Investors Wait, PPI Due at 8:30, Joey Blames OPEC – Try the Mussels Trieste
Things you need to know CPI suggests that prices are cooling, What will PPI tell us? Another FED official bites the dust while Dallas’s Kaplan gets more aggressive Biden appeals to OPEC to pump more oil – That’s funny….. Infrastructure bill makes its way to the House – Will the Progressive Left kill it? Try the Mussel – Trieste Style …
Investors Await More Eco Data – Try the Steak Florentine
Things you need to know Markets churn awaiting eco data tomorrow Treasury yields up, Dollar up (again), and commodities finding stability Bitcoin and Ethereum holding their own. Are we getting ready for that pullback? Try the Steak Florentine Stocks ended Monday somewhat lower, commodities got smacked (think gold, silver, and oil), the dollar index rose, the VIX traded slightly higher, …
NFP was HOT, but Not HOT Enough, DXY Rises Putting Pressure on Commodities – Try the Scallops
Things you need to know NFP report is hot, but not hot enough New virus cases causing renewed concerns for both the vaccinated and the unvaccinated The Dollar Index continues to advance putting pressure on the commodity complex – gold, oil, and the broad commodity index -BCOM all lower No eco data today, but later in the week, we will …
