Things you need to know: Stocks ripped higher – in a ‘snap back’ rally What has changed? Nothing Markets must test trendline support 2 more times API reports a build in oil inventories – Will the EIA do the same? ECB to announce the latest policy moves – no change expected Try the Angry Lobster [...]
Things you need to know: The selloff continues but let’s not get hysterical… it is September Now the market is all about TESLA? Ridiculous Gamma Squeeze/Reverse Conversions – all very complex In the end – it’s a come back to ‘reality’ move – nothing more Long Term Investors be patient – while the Day Traders [...]
Things you need to know: Welcome Back! We are now in the throes of the election cycle While Eco data is improving – virus cases remain stubborn around the world 56 Days until the election…will we have a winner on the 4th? Who decides the efficacy of a vaccine – Trump or the Scientists? Gold [...]
Things you need to know: Jay Powell makes his announcement – global investors try to sort it out Trump accepts his party’s nomination – and here we go… Dems and GOP still don’t have a deal on a virus stimulus package Next week is a big vacation week – don’t expect much to happen Try [...]
Things you need to know: Eco data drives stocks higher FOMU is the new buzzword for Asset Managers Global investors prepare for Jay Powell’s speech today Trump to accept GOP nomination Try the Cavatappi w/Green Pea Pesto Economic data yesterday was just the latest headline to drive markets higher – yet again – as the [...]
Things you need to know: It’s a quiet week – so sit back and enjoy US/China come to the table – Markets approve RNC convention enters 2nd night – Lobsterman, Dairy Farmers and Melania take the stage What would Charles Dow Say about his index now? Oil breaks OUT – piercing resistance at $43.25 Gold [...]
Things you need to know: S&P pierces 3400 taking us into a new century mark Virus treatment and vaccine news push global markets higher US/China play nice and discuss implementation of Phase 1 RNC convention begins… need I say more? Oil surges as demand is alive and well, but rigs close for Marco & Laura [...]
Things you need to know: Investors reconsider the FED ‘lack of specificity’ Apple closes up and is now solidly a $2 tril company A Patriotic Corp Tax – is that really a deal breaker? Really? I go on a bit of a rant… 😉 OPEC supposedly a bit worried about supply – I’m not Try [...]
What FED commentary? Why the angst? Apparently, the nervousness created on Wednesday afternoon – was unnecessary… Investors & traders reconsidered the language, discussed it, and even digested it and then decided it was all baloney… What me worry? Nah! Let’s keep going… and so on Thursday – investors/traders and algos took a breath in the morning – [...]
Things you need to know: Did the FED throw water on the rally or are the algo’s just stamping their feet? The S&P rallied and failed – is 3,400 the new brick wall for now? DNC makes history as Kamala accepts nomination – more Trump shaming Expect the same from the RNC next week – [...]