Things you need to know. Broader market making new highs while tech continues to roll over Yardeni calls for 3% yield on the 10 yr with little to no disruption Disruptive tech in a bear market – what happened to buy the dip? Biden to announce a second ‘social infrastructure program’ costing $2 trillion on [...]
Things you need to know. Powell sends stocks lower in the morning; Joey takes to the podium for the first time since moving into 1600 Pennsylvania Avenue. 7 Yr. Note auction sends the 10 yr. up a bit causing traders to whip around stocks. The EverGreen Container ship stuck in the Suez Canal is expected [...]
Things you need to know. Stocks get slammed as investors consider what’s next All while Bond Yields continued to retreat – hmmmmm? The rotation continues….as investors go from Sexy to Boring Biden puts Kamala in charge of the border and he is about to make his 1st press appearance today at 1:15 pm Try the [...]
Things you need to know. New Home Sales Plunge – Stocks under pressure even as yields retreat. Janet and Jay provide fodder for the coming SNL Episode. Oil – which got slammed yesterday on demand concerns if finding bargain hunter buyers today. Try the Chicken Cutlet Milanese *** I am hosting my Blitzr Live Event [...]
Things you need to know. Yields retreat sending Tech Stocks surging Talking heads telling everyone ‘not to overthink it’ Cathie Woods is the new Warren Buffet – predicting $3000/sh for Tesla Oil under pressure, the Russell under pressure – makes sense as they have so outperformed in recent weeks Try the Greek Style Roasted Chicken. [...]
Things you need to know. Dow and S&P lower – Nasdaq higher Treasury rates lower helping to fuel that advance. Big banks still under pressure after last weeks announcement Taxes, Infrastructure, and more taxes at now at the top of the list Oil, Bitcoin and Ethereum all holding steady The S&P about to test short [...]
Things you need to know. Investors reconsider the inflation narrative Stocks sold off – Tech once again gets smashed European markets under pressure as more lockdowns are announced AZN vaccine gets the OK from European regulators Drama in Alaska – It’s just noise Oil retreats as the hysteria crew creates hysteria over demand Try the [...]
Things you need to know. The FED served up a bowl of Lucky Charms. And they are sticking around now until at least 2024! Rates to remain at zero, while inflation and the economy heat up. 10 Yr. Yields spike to 1.71% and the sun has not even risen yet. Bitcoin up, Oil down Try [...]
Things you need to know. St Patrick’s Day – but Markets are RED not Green T-8 hrs until the clock strikes 2 pm 10 yr treasuries ticking UP in early trade Global markets await… It’s all about DOTS Try the Corned Beef and Cabbage Happy St Patrick’s Day – Drum roll please………oh it is so [...]
Things you need to know. Stocks rally, yields back off and the FED gets ready to expose the ‘Dots’ Talking heads all jawboning investors to expect 2% yields and not to worry All eyes on the FOMC tomorrow – Inflation? Don’t be silly New lockdowns across Europe and Astrazeneca gets cancelled Oil takes a breather [...]