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 [...]
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 [...]
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 [...]
Things you should know Xi fires a shot prior to lunch – just to set the stage European mkts move higher in anticipation 1st half of 2019 has mkts up solid double digits - So stocks meandered for most of the day as investors/traders and the algo’s tried to [...]
Things you need to know The big head fake – Mnuchin does little to settle the mkts Xi – lays out new terms to move the ball – NOT to settle the war Dems take to the stage – no blockbuster announcement – Part 2 tonight Oil – tested [...]
Things you need to know Fed Chair has a change of heart? US/Iran continue down a slippery slope US/China move forward – Mkt surge Stocks took it on the chin on Tuesday…….Dow lost 180 pts, S&P lost 27 pts, Nasdaq gave up 120 and the Russell fell 9. Tensions between [...]
Things to know Iran makes more noise and Trump set to announce major sanctions Oil continues to move up on the tension Mkts pricing in perfection – and that is a sort term risk considering all of the geo-political noise I was on CNBC WorldWide Exchange this [...]
Things you need to know Mexico trade war continues to dominate global action New Chinese rhetoric also turns up the heat Trump visits the UK Indexes break long term support and now look for stability – VIX spikes. Stocks got slammed on Friday - closing on the lows setting [...]
Things you need to know It was all about what Bobby Mueller had to say Stocks break down – pierce support and then attempt to rally Dow & Russell remain below supports while The S&P/Nasdaq barely hold on European mkts find support at trendlines and lead today’s [...]