Things you need to know: Moderna announces phase 1 trial results and scores big The algos go wild taking stocks up more than 3.5% Investors around the world celebrate Oil up again as demand is expected to surge as well Try Nonna’s Bolognese Stocks exploded higher…..the Dow adds 900 pts or 3.85%, the S&Ps jumped 90 pts or 3.15%, the …
Time to Celebrate?
Things you need to know: Markets surging around the world as infections are NOT increasing significantly as we re-open. Fed Chair takes to 60 Minutes and says “Don’t bet AGAINST America” The Saudi Investment Fund goes on an American shopping spree While Warren unloads his ‘Goldy’ position – Oil surges up and thru $30/barrel igniting more excitement in the space …
Another Dramatic Day
Things you need to know: Markets bucked the trend lower to turn positive on a technical rebound yesterday It’s Friday – loads of US economic data today – is sending futures lower Germany enters recession and France wants equal access Try the Roasted Chicken parts with Cherry Tomatoes, Capers and Kalamata Olives It was a dramatic day yesterday – with …
Headline Hysteria!
Things you need to know: ‘Legendary Investors’ Druckenmiller/Tepper go bearish – talking their books Powell adds insight but not new information – everything he said was known The algo’s rip it up – sending stocks lower ‘Legendary Investor’ Bill Miller remains bullish – talking his book And Goldman can’t help themselves – raising their outlook from ‘cloudy’ to ‘gloomy’ Market …
Not A Single Sector Was Spared
Things you need to know: Dr. Fauci throws cold water on the market Fed speak is caught between zero and negative rates as they launch their first ETF buy program. Slow down – it’s a bond ETF, but… Algos chose to focus on the negatives yesterday as traders take money off the table European markets are lower as concerns rise …
Markets Are Waffling
Things you need to know: Market remains in a holding pattern – up or down very slightly as we wait It feels like a dance – not the waltz or the tango – but rather a ‘break dance’ Investors continue to flock to anything “tech” The FED goes all in and buys an ETF – Is the floor about to …
Investors Are Getting Optimistic
Things you need to know: Markets begin the week cautiously – Disney reopens Shanghai park Countries beginning to awaken – restrictions are eased Other ailments being blamed on corona – but is that a stretch? Oil kisses resistance and backs off – as it readies to surge again Try the Pasta Leo Stocks ended the day and week even higher …
33 Million Americans Have Filed for Unemployment
Things you need to know: The macro news gets worse – yet the Nasdaq goes positive on the year US/China confirm Phase 1 of the trade deal Nieman Marcus files for bankruptcy 85 companies and counting cut or suspend their dividends Try the Cavatappi w/Arugula and Cannelloni Beans 33 million Americans have filed for unemployment since the country went on …
Tug of War
Things you need to know: Bank Of England holds rates steady Eurozone finance minister warns of a “recession of historic proportions” ADP reports 20,500,000 job losses over the month – Will NFP support that claim? Oil surges 10% as China reveals increases in imports Try the Veal It’s a tug of war – one day it’s the bulls and then …
Excitement Builds
Things you need to know: Stocks continue to advance as the country begins to wake up Trump begins to wind down his virus task force – while admitting that we risk additional deaths to get the country going. Eurozone macro data suggests a widening divide between North & South Oil – surges by 20% and is now up 300% from …
