The DC Waffle…
Things you need to know: DC says they are getting closer to a deal – Markets continue to rally Gold surges up and thru $2,000/oz and is now trading at $2,054/oz API reports a drop in inventory &…Continue →
What Should Valuations be for Tech?/Try the Salmon
Things you need to know: It feels good today… but remember how ugly it felt in March – keep it in perspective What should valuations be for tech? Gold hovers just below $2000/oz as it awaits more data Oil remains in the $35/$45 range. Markets wait for Biden to announce… Try the Salmon Stocks continue [...]
Tech to the Rescue! Try the Veal Polpettone
Things you need to know: Global PMI’s pointing to improvement WH and Congress – still far apart on a new deal Dollar gains, oil and gold churn OPEC & OPEC+ to increase production – but we know this SPX feels a bit tired… Try the Veal Polpettone Tech to the rescue again…stocks did rise on [...]
It’s a “Pandemic Celebration”/Hurrican Isaias is Coming – Try the Martini
Things you need to know: The tech titans ‘blow the roof off expectations’ stocks in rally mode WH and Congress remain far apart on unemployment bennies Dow components – CVX, CAT and MRK report – mixed results Nasdaq racing higher while the broader market remains cautious Hurricane Isaias coming to Florida – I’m having a [...]
Tech “Emperors” on the Hot Seat/Try the Pork Tenderloin
Things you need to know: Congress put the ‘emperors’ on the hot seat – GOOG/AMZN get hit hard Marky (FB) is accused of anti-conservative bias The FED delivers as expected and stays the course Today will bring a deluge of earnings – All eyes focused on 4 pm Gold and Oil back off as the [...]
The Circus Comes to Town/Porkl Cutlet Milanese
Things you need to know: The circus is on Capitol Hill – The show starts at Noon The FED is set to announce the next move – Don’t expect ‘new’ Kool Aid Earnings continue to hit the tape and Congress continues to fight over benefits Biden teases the media… Is it Biden/Harris2020 or Biden/Rice2020? Or [...]
Once Inflation Takes Hold…/Try the Potatoe’s & Eggs
Things you need to know: Rally mode again – as virus cases begin to decline Bio-techs, election, FED, Gold, Silver and Earnings all fighting for center stage Election outcomes about to get priced in Gold is the Safe Haven play once again… Surging to $1950/oz Will the FED add more or just re-iterate current stance? [...]
Tech Hits a Wall/Try the Flank Steak with Red Wine Shallot Sauce
Things you need to know: Markets get caught up in the angst last week – try to ignore that today PM’s have percentage limits – selling does not always mean a negative story US/China continue to argue – as Beijing orders us out of Chengdu (in retaliation for the US closure of the Houston Chinese [...]
FANG Hangover/Try the Prosciutto Sorpresa
Things you need to know: The WFH/FANG trade coming under pressure – not a surprise GOP pushes the next round of stimulus into next week HON beats but is cautious on the outlook US/China relations putting pressure on global markets Try the Prosciutto Sorpresa – great for your next wine ZOOM party. So after the [...]
It’s a PALOOZA! Try the Linguine Michael Angelo
Things you need to know: Markets in overdrive – the momo (momentum) guys can’t get enough Another slew of earnings reports – so far – all beat… HELLO? US/China tensions grow as US accuses China of stealing secrets – Go figure! S&P is filling the gap – will we pierce 3300 today? Try the Linguine [...]