Things you need to know The mood goes from buoyant to sour and to buoyant again this morning Oil did test trendline support yesterday and is now moving up More eco data today to support the narrative Vaccinations are beginning to become requirements if you want to go back to work in some parts of [...]
Things you need to know “Ain’t happening here, Mate!” – that is the word from the UK…. China reports weaker PMI, Jack Dorsey’s SQ buys Australia’s Afterpay at a 30% premium – stocks in Asia rally European stocks are higher, US futures are surging Last full week of earnings…expect some 100+ reports this week ADP [...]
Things you need to know So, I wasn’t wrong when I suggested HOODWINKED vs. HOOD 1 month ago! Amazon beats and disappoints…in the same report…PINS is losing users, traders hit the SELL button Global markets lower on the final day of July. Eco data supports Jay’s narrative – or does it? Try the Flank Steak [...]
Things you need to know Jay ‘tee’s’ it up but doesn’t really commit to a start date Inflation is still transitory – stop asking AMZN reports after the bell…. don’t expect them to disappoint Robinhood debuts today…. $38 IPO price, 52 million shares to market, small enough to create panic driven buying in what could [...]
Things you need to know China syndrome failed to force markets lower yesterday, but today they are at it again Amazon denies the Bitcoin rumor – Bitcoin falls, but is there more to come? TSLA smashes every estimate…reports $1.1 Billion in quarterly Net Profits GOOG. MSFT and AAPL due out after the bell today Try [...]
Things you need to know Dow, S&P and Nasdaq march higher….and higher Russell and transports not so sure Big earnings week; FED on the docket too China causing global markets to come under pressure today… Bitcoin surges as shorts run for cover when market didn’t break Oil under pressure as some think demand will fall [...]
Things you need to know 87% of companies beat on both top and bottom Was the Eco data really weaker? Look for PMI’s today What will the Fed do next week? And what about the Debt Ceiling? Oil steady at $72/barrel, 10 yr at 1.29% and stocks are UP Try the Pasta Michael Angelo Stocks [...]
July 22, 2021 Things you need to know Stocks continue to recoup Monday’s losses and then some What is the bond market really telling us? Is it caution ahead? Oil trades up 4% and is kissing $71/barrel even as inventories rise… Bitcoin and Ethereum get a little boost from the ‘B Event’ but many still [...]
Things you need to know Delta variant? Don’t be ridiculous…. Investors come running back after being chased out! Earnings continue to smash estimates….CMG is this morning’s darling 10 Yr yields now at 1.24%, the VIX collapsed again and is lower this morning Bitcoin breaks $30,000 but did not collapse (yet) – a big B event [...]
Things you need to know It was more than just the variant! I have a laundry list of items Global stocks got slammed as stocks prices fell and treasury prices rose Oil traders were disappointed with the OPEC+ deal and sold oil off 7% Bitcoin breaches $30,000 overnight and is now trading at $29,600 European [...]