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 …
Stocks Remain Mixed as The Clock Ticks on the FED – Try the Pappardelle
Things you need to know. Stocks remain mixed as we wait for the FED – What will Jay say? Oil continues to advance – as summer kicks off Bitcoin pushes up and through $40k as Lonnie tweets again Nasdaq makes a new high as the rotation into tech begins anew Try the Pappardelle w/leeks and peas Stocks were mixed in …
CPI is HOT – blame it on Used Cars! – Try the Pasta Fagioli
Things you need to know. CPI cracks 5% – but it is all smoke and mirrors – no worries Tech and Disruptive Tech take the lead Bi-Partisan Group of Senators propose a plan with no tax increases Oil continues to advance as the world ‘burns through supply’ Try the Pasta Fagioli OH boy……here we go…. Initial Jobless Claims come …
Let the Countdown Begin – Expectations are HOT – Try the Angry Lobster
Things you need to know. T-2 hrs until the CPI report – anxiety if running hot Futures doing nothing, Treasuries rising sending yields lower Democrats running into a problem suggesting that taxes and spending may not be as high as originally expected OIL remains above $70/barrel and Bitcoin bathing in the sunlight of El Salvador Try the Angry Lobster 8:30 …
El Salvador is the New Financial Capital?? Oil Explodes Thru $70 – Try the Swordfish Siciliana
Things you need to know. Stocks stuck in a holding pattern MEME stocks have new members OIL – explodes up and thru $70/barrel! El Salvador becomes the Bitcoin Financial Capital Try the Swordfish Siciliana Stocks continue to move from side to side – apparently stuck in a holding pattern – as investors searched for anything that would give them a …
Churn, Churn, Churn….Patience is a Virtue – Try the Stuffed Eggplant
Things you need to know. Stocks churn as investors digest G7 Tax Proposals, Yellen’s rate/inflation comments and ongoing supply chain issues. BioGen gets FDA approval for its Alzheimer’s drug – BIIB +34% FEDS – take back $2.3 mil of Colonial Pipeline Ransom = 67 bitcoins…. BTC down 8% – will it test the KEY $30,000 level? Try the Stuffed Eggplant …
Miami Hosts Bitcoin Groupies; El Salavador Joins the Party; GS a bit Negative – Try the T-Bone
Things you need to know. It’a Bitcoin Palooza in Miami & El Salvador Janet Yellen pushes for $4 Trillion spending to spur inflation G7 ink an ‘agreement’ for a global corporate tax rate of 15% – but not so fast Treasury yields up, Oil churning, Dollar Up and Gold Down Try the T-Bone from Trentino/Alto Adige Stocks edged higher on …
