OK – so it’s done… The S&P finally pierces and closes at a new high, the Nasdaq like clockwork also closed at a new high – but this isn’t new news… it’s been doing that on a regular basis lately. Wal-Mart sales surge, Home Depot sales surge, both report strong numbers as the pandemic took [...]
Things you need to know: Appears that everyone is “blowing the roof off the house” HD and WMT add to the excitement as the S&P appears to pierce 3400 The DNC launches their virtual convention – Michelle makes the case Warren buys Barrick Gold and sends gold bugs into a frenzy Try the Perciatelli in [...]
Things you need to know: Retail earnings due out this week – These names are at all-time highs – caveat emptor Barron’s rings the bell on valuation… don’t panic &…Continue →
Things you need to know: S&P did it again – Tried and Failed Chaos in DC rages on and the Senate goes on vacation? UK imposes travel restrictions on France US cases in decline but so is test…Continue →
Things you need to know: Maybe it was a Kamala Rally? S&P tests the high and fails Nasdaq and tech return with a vengeance OPEC going negative on the outlook – but oil holds steady Try the Ratatouille The S&P once again flirted with the all-time highs yesterday after it came under late day pressure [...]
Things you need to know: What caused the reversal yesterday? Biden does it and picks Kamala – Party to start today at noon European markets are up/US futures are up too! API reports drop in oil inventories – so demand is good, oil is up S&P to attempt another push up and through (not today) [...]
Things you need to know: Russia announces a ‘vaccine’ beating ‘everyone else’ to the punch. (or so they think) Trump talking tax cuts – both payroll and capital gains – Markets surge Nancy and Chucky negotiating with Stevey about when to negotiate Gold falls $45 and pierces $2000/oz; Oil surges up by more than 1.4% [...]
Things you need to know: Non-Farm Payroll suggests that we are moving in the right direction US/China tensions, Stimulus tensions, Political Tensions all keeping a lid on Over the weekend, we learned that the US now has more than 5 mil virus cases – Let’s just say that the whole country is infected; wear a [...]
Things you need to know: Trump creates more angst with China – TikTok and WeChat in the news DC still in a mess – no deal as of yet – Forcing Trump to threaten an executive order S&P fills the gap but today it will fail – but don’t worry – it’s just consolidating Non-Farm [...]
Things you need to know: Nasdaq pierces 11,000 Main St watching Wall St watching Pennsylvania Ave Eco data continues to improve Gov’t considers extending PPP loans Will Joey announce today? Who will be the VP’s VP? Back to Basics – Try the Spaghetti and Meatballs Another day another dollar… stocks rise, Nasdaq surges up and [...]