Things you need to know. NFP report blows the window out of the bus – stocks surge The Senate passes the $1.9 trillion relief bill – of which only $600 billion goes directly toward relief. Saudi oil field comes under attack by Yemeni Houthi’s – oil spikes 10 Yr Yields pushing 1.6% again…causing mkts to [...]
Things you need to know. Powell talks out of both sides of his mouth – frustrating trader types OPEC holds the line on production- oil surges NFP report today…will it disappoint? Nasdaq in correction territory – The others remain in the normal band Dollar rises, sending gold lower Try the Grilled Shrimp over Orzo Powell [...]
Things you need to know. Treasuries spike again -causing renewed angst. Fed Chair Powell will take center stage – can he calm the tone? The battle remains over the pace of rate increases. Will the song change from ‘Don’t Worry Be Happy’ to ‘Disco Inferno’? Try the Pork Cutlet Milanese So, I guess…. the markets [...]
**Join me today at 4 pm EST on my Blitzr Live Event where I will be interviewing CNBC’s Jim Iuorio about markets, trading and his difficulties in owning a small business (Restaurant) in Chicago during this crisis – It is sure to be fun. This is a free event – click on this link to [...]
Things you need to know. It was a global celebration! Stocks surged around the world. Apparently, everyone worried about where US 10 yr. yields are going. Eco data remains strong, almost too strong. Fundamentals continue to suggest higher rates so expect volatility to continue. Dollar rallies a bit, commodities decline, OPEC hints at supply increases. [...]
Things you need to know. Rate surge caused market to stumble – Stocks took turns getting hit. Reassurance by central banks is helping yields to back off – Stocks around the globe rally and – Goldy says ‘don’t be ridiculous.’ CDC approves the J&J vaccine, and the House passes a $1.9 trillion relief bill. CPAC [...]
Things you need to know. Yields surged up and thru 1.5% challenging the S&P 500 Dividend Yield Eco data continues to exceed expectations. Nasdaq and Russell get hit hard, S&P and Dow not so much. Futures lower again – Will the S&P now pierce key trendline support. Oil pulls back a bit and Bitcoin takes [...]
Things you need to know. Its all about the THEME Stocks did a 180 yesterday and are breathing today. Dollar continues to weaken – sending commodities up again. Dollar continues to weaken – supporting the big multi-nationals too! Wil today’s macro data continue to ‘exceed expectations?’ Try the marinated Pork Loin. The THEME: Exceeding Expectations…. [...]
Things you need to know. The decline was brought to a halt as Powell confirmed the FED’s commitment. Inflation? Do not be ridiculous – move on, nothing to see here. Yields? 3% is now what they want us to believe is the tipping point. Weaker dollar is supporting commodity prices – complex up across the [...]
Things you need to know. Tech got crushed yesterday and is getting crushed again today. Investors now taking notice and re-pricing the broader market. Yields and Inflation now front and center in investors’ minds. Fed Chair Powell to address Congress today…. Everyone will be listening. Oil up 5% in 2 days, and Bitcoin down 22% [...]