ISTANBUL (Reuters) - Russia flew a fresh shipment of advanced air defense equipment to Turkey on Saturday, the Turkish Defence Ministry said, continuing to implement a deal that is likely to trigger U.S. sanctions against a NATO ally. FILE PHOTO: First parts of a Russian S-400 missile defense system are seen after unloaded from a [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]