Things to know Jay Powell – That’s all you need to know today. So stocks did just as expected – nothing really – other than waffle around, waiting, treading water, biding its time – attempting to move ahead while being pulled back as investors/traders and algo’s try to figure it out. Figure out [...]
Mkt Under Pressure (Again), Investors Re-Price for 25 BPS Cut, Powell Presents Tomorrow – Try the Rigatoni
Things you should know Oil remains in the range Mkts re-pricing the 50 bps cut and assuming 25 bps Powell to take a ‘less dovish stance’ Earnings, Earnings Earnings…. So stocks continued to trend lower – as the we move closer to the FED’s testimony this week (Wednesday/Thursday) in [...]
Germany Reports Another Weak Number, US Reports a Strong Number – Mkts Confused so they Back Off – Try the Lemon Basil Swordfish
Monday - July 8th - NFP Rocks It! US Creates 224k jobs - Germans report ‘much weaker’ Manf and ‘weaker’ Industrial Production - FED Chair Jay Powell to address congress on Wed/Thursday - UK set to elect a new Prime Minister Stocks managed to close on the highs on the abbreviated session on Wednesday…..as the [...]
Tuesday July 2, 2019 Things you need to know - Mkts back off as investors digest the move and the news - NON-OPEC members approve the cuts - ECB says not so fast on a rate cut – is the FED Next? So [...]
US/China Move Forward, OPEC Extends Cuts, Stocks and Oil Surge – Try the Clam & Mussels Posillipo for the 4th.
Monday July 1, 2019 Things you need to know US and China agree to move forward Saudi, Russia and Iraq agree to extend production cuts 6-9 months Oil surges up and thru resistance (no surprise) Global mkts celebrate Celebrate good times – Come On! Stocks ended the month, qtr and 1st have of the year [...]