Think Jay Powell and Rates – Try the Prosciutto and Canneloni Bean Bruschetta
Things to know Jay Powell – That’s all you need to know today. So stocks did just as expected – nothing really – other than waffle around, waiting, treading water, biding its time – attempting to move ahead while being pulled back as investors/traders and algo’s try to figure it out. Figure out [...]
Mkt Under Pressure (Again), Investors Re-Price for 25 BPS Cut, Powell Presents Tomorrow – Try the Rigatoni
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 [...]
Germany Reports Another Weak Number, US Reports a Strong Number – Mkts Confused so they Back Off – Try the Lemon Basil Swordfish
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 [...]
Mkts Digest News, Non OPEC Members Support Cuts – Try the Tomato & Watermelon Salad
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 [...]
US/China Move Forward, OPEC Extends Cuts, Stocks and Oil Surge – Try the Clam & Mussels Posillipo for the 4th.
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 [...]
Xi Fires Shot to Put Donny on Defense – Mkts Await – Try the Short Rib Burgers for July 4th
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 [...]
Mnuchin Head Fakes the Algo’s, Headlines Create Havoc (or did they?) Try the Grilled Pork Chops
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 [...]
US Iran Trade Punches, Fed Chair Re-Thinks Rate Cut & Stevey Tells us it’s 90-% Done – Try the Zucchini Flowers
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 [...]
Iran, China & G20 Will Drive the Action – Try the Croatian Baked Chicken
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 [...]