Things you need to know CPI spikes higher than expected, Some investors run for the exits We get PPI today – What will that reveal? Lonnie Musk causes confusion in Bitcoin sending it reeling down 15% And that takes all of the other crypto’s with it… Oil falls as the Colonial Pipeline comes back on line – shortages remain Markets …
Countdown to CPI; Will Investors Take it in Stride? – Try the Pasta w/Pink Sauce w/Peas
Things you need to know. The clock ticks towards 8:30 – Will CPI create a storm? 10 yr yield holds tight at 1.62%, while the VIX spikes by 11% Oil is rallying again as many east coast states report gas shortages Jimmy Bullard says ‘Don’t be ridiculous – It’s too early to discuss’ Try the Pasta in Pink Sauce w/Peas …
Tech Wreck Goes Global; “Houston, we have a problem” – Try the Risotto
Things you need to know. Inflation concerns taking its tolls on stocks around the world as the ‘tech wreck’ goes global. No eco data today – so the conversation is all about Wednesday and Thursday. Colonial Pipeline expects to be back by the weekend. Key S&P levels identified, and circuit breakers are on alert. Try the Risotto. Look – it …
Ransomware as a Service? Colonial Pipeline Under Attack – Try the Honey Garlic Chicken
Things you need to know. NFP Misses BIG – Stocks Surge on the news Dems use it to suggest that the recovery is weak, and we need MORE money. Investors & Traders now assume that the taper conversation may not happen in the fall and that accommodation on all fronts is alive and well. And what happens to taxes? US …
It’s all About the NFP! Futures are UP – Try the Gemelli
Things you need to know. It’s NFP day…will the report surge thru the whisper number? Unemployment is expected to fall to 5.8%, Underemployment remains at 10% Tech rallied into the close, are buyers suddenly finding value in tech? Oil, unchanged, the Dollar is weaker and the 10 yr is at 1.57% Try the Gemelli w/Sausage in a Tomato Cream Sauce …
Clarida Tries to Calm Mkts; Rosengren Says it’s Time – Try the Porcini Rub Rib-Eye – Tagliata Style
Things you need to know Vice Chair Richie Clarida tries to settle the markets. Economists and Boston Fed Pres Rosengren think its time to start thinking about it. Inflation, Rates & Taper continue to pressure the high growth names. Smart money favors value Dollar weaker ahead of NFP, Oil higher as inventories plunge Try the Porcini Rub Rib-Eye – Tagliata …
China Warship Causes Some Angst; Janet Causes More! – Try the Vegetable Paella
Things you need to know. Japan and Taiwan monitor the Chinese warship in the East China Sea Janet Yellen lobs in a comment – hitting investors upside the head. Oil surges up and thru $65/barrel as crude stockpiles plunge suggesting strong demand – hello? US futures are up today, European markets are up +1% as well. Try the Vegetable Paella …
Value Wins the Day; TECH Under Pressure; 2 FED Speakers today – Try the Pan Seared Pork Chops w/Caramelized
Things you need to know. Investors trade tech names for recovery names It is the Growth vs. Value Play and yesterday – Value won. ISM Prices Paid – Is it sounding the alarm bell? Two FED speeches today…Evan’s and Mester – Listen to what they say. Oil up 1.6% as demand surges, the 10 yr. stuck at 1.61% Try the …
Pers Income UP 21.1%? End of Month Re-balance – Try the Grilled Shrimp on a bed of Orzo
Things you need to know. It was month end – Stocks declined; Now it is May – Stocks Advance Household income surges to 21.1% – US spending up too – but what caused the surge? Was it real? Global Semi-conductor shortages affecting more than just cars. Expect further supply chain disruptions and higher prices. Oil declines, dollar advances and the …
Just a few of Jay’s FAVORITE Things! – Try the Spaghetti w/Asparagus
Things you need to know. It is just a few of Jay’s favorite things… (Read on…) Amazon SMASHES it…. Duh! End of month rebalance – US futures dip. Dollar steady, oil steady Try the Spaghetti w/Asparagus, Garlic & Pancetta (splash of wine) Investors/traders and algo’s all celebrated Jay Powell’s presentation on Wednesday, the strong economic data that hit the tape …
