Things you need to know: SNOW? It was a blizzard of activity! Fed Chair Jay Powell promises to keep rates low for 40 more months He does not announce any new stimulus plans and the algo’s are not happy Trump announces a vaccine by end of Oct? CDC Director Redfield says ‘no way’ – Oh boy… Futures are lower and …
New Apple Groupies & It’s getting ready to SNOW – Try the Veal
Things you need to know: Ok – so Tech is reborn and everyone is piling in… Apple creates a new set of ‘groupies’ SNOW is about to blow the roof off the house in its IPO debut The FED announces at 2 pm – no change expected…but investors will listen for clues 3Q Earnings reports will put a new focus …
Merger Mania – Try the Striped Bass
Things you need to know: It’s a TECH Merger Mania Nvidia scores BIG – expect AI to invade every part of your life beyond where we are NKLA fights back – as the stock continues to collapse OIL rallies – IEA cuts estimates for 2020 – joining the industry Apple sponsors its ‘Time Flies” virtual event Try the Striped Bass …
The Wild Ride Continues – Try the Rib Eye
Things you need to know: The ride continues – and stocks are surging this morning… Are the markets ready for what could be a contested election? Virus cases re-emerging around the world – suggesting that no one got it right OPEC cuts 2020 forecast and trims 2021 ahead of Thursday’s meeting Try the Rib Eye in a San Marzano Sauce …
Shake the Branches – Try the Minestrone
Things you need to know: It is Friday, September 11, 2020 – 19 years ago – it was a moment that changed our lives. Mkts get banged up yesterday but US Futures are attempting to surge once again. DC fails to pass another stimulus bill – I say – Stop paying them… Buyers cancel inline demand and Sellers ‘panic’… Try …
A Dead Cat Bounce? – Try the Angry Lobster
Things you need to know: Stocks ripped higher – in a ‘snap back’ rally What has changed? Nothing Markets must test trendline support 2 more times API reports a build in oil inventories – Will the EIA do the same? ECB to announce the latest policy moves – no change expected Try the Angry Lobster Stocks ripped higher in what …
The Selloff Continues – Try the Try the Chicken/Sausage and Sweet Vinegar Peppers
Things you need to know: The selloff continues but let’s not get hysterical… it is September Now the market is all about TESLA? Ridiculous Gamma Squeeze/Reverse Conversions – all very complex In the end – it’s a come back to ‘reality’ move – nothing more Long Term Investors be patient – while the Day Traders Puke Try the Chicken/Sausage and …
Tech Takes it on the Chin – Try the Maltagliati Pasta & Beans
Things you need to know: Welcome Back! We are now in the throes of the election cycle While Eco data is improving – virus cases remain stubborn around the world 56 Days until the election…will we have a winner on the 4th? Who decides the efficacy of a vaccine – Trump or the Scientists? Gold and Oil under pressure as …
Jay Seals the Deal – Lower for Longer/Try the RibEye Tagliata
Things you need to know: Jay Powell makes his announcement – global investors try to sort it out Trump accepts his party’s nomination – and here we go… Dems and GOP still don’t have a deal on a virus stimulus package Next week is a big vacation week – don’t expect much to happen Try the Sliced Rib Eye – …
FOMU is the new FOMO!/Try the Cavatappi w/Green Pea Pesto
Things you need to know: Eco data drives stocks higher FOMU is the new buzzword for Asset Managers Global investors prepare for Jay Powell’s speech today Trump to accept GOP nomination Try the Cavatappi w/Green Pea Pesto Economic data yesterday was just the latest headline to drive markets higher – yet again – as the MOMO guys (momentum) keeps the …
