Things you need to know: Stocks struggled and futures are pointing lower this morning Bitcoin continues to lose value – now down > 25% since topping out at $42k Oil under pressure after Joey blows up the Keystone Pipeline (expected) and halts production on Federal lands (also expected) – but it has rallied sharply – [...]
Things you need to know: It’s over and the new administration has moved into the WH. Most stocks surge to new highs… Financials under a bit of pressure. Goldy joins in and predicts $65 oil by summer ‘21 Bitcoin – testing lower – down $2500 – is trendline support ($27,800) the next stop? Try the [...]
Things you need to know: NFLX passes 200 million subscribers and generates more than enough cash – stock up 15% GS reported yesterday and beat (admirably) yet found sellers knocking on the door Today is inauguration day – Joe moves into 1600 Pennsylvania Ave, 20003, Trump moves into 1100 South Ocean Blvd, 33480 Bitcoin under [...]
Things you need to know: Biden announced his plan and today Janet Yellen is set to ‘sell it to the Senate’ Expect earnings from GS, BAC, HAL and NFLX The clock ticks on the Trump Presidency; as Biden prepares to take the helm The House impeached Donny, now Nancy sends it to the Senate Lots [...]
Things you need to know: Biden introduces his American Rescue Plan and as expected it is big Futures are a bit lower after the news suggesting it was baked in Earnings season 2021 is now making its debut – JPM, C WFC to walk the walk Oil retreats just a bit after testing $54/barrel; Bitcoin [...]
Things you need to know: Stocks churn ahead of House impeachment vote CPI data as expected – 10 yr treasuries retreat just a bit as they tease investors 2 Fed officials assure us ‘not to worry’; ECB commits to an easy stance (forever!) Oil – flat but wants to kiss resistance at $55 to see [...]
Things you need to know: Stocks churn and await both the political news and the earnings news Value stocks outperforming Growth in what feels like the 2021 theme Rates continue to rise; CPI due out today – will it suggest more upside pressure? Cyclicals do well (as expected) but don’t abandon ‘tech’ Oil – surges [...]
Things you need to know: Stocks retreat but do not collapse, Bitcoin trades at $31,000 Rates and Inflation – dominate the conversation -what is the tipping point? 1.5%? Listed companies join the fight – refusing to accept the tone of the conversation – Could this be a bullish signal for those firms? Expect more talk [...]
Things you need to know: Stocks advanced last week accentuating all the positives – but are lower today as they focus on the negatives Bitcoin falls $8k overnight -trading as low as $32,350 before finding some support The focus today is on TECH, Trump and his removal from office. Earnings season begins this Friday – [...]
Things you need to know: The surge continues, TSLA & Bitcoin go ‘hyper-parabolic’ Investors continue to believe in the ‘Biden plan’ – massive stimulus/infrastructure Markets discounting a ‘pull to the left’ as not an issue… Is Biden strong enough? Trump concedes and promises the peaceful transfer… Try the Stovetop Roasted Chicken in Lemon/Garlic/Herb Sauce ROOOOAAAAR!!! [...]