Things you need to know. BLS reports PPI – Investors ignore the increase Companies adding 10’s of ‘1,000’s of new jobs – Base wages rise Investors go bargain hunting – the value trade is still in the lead Musk now tweeting and supporting Doggey Coin – it rallies 37% Try the Seared Halibut w/ Orange [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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. [...]
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 [...]