(5/18/23) Markets rallied to the top of the trading range, and if markets can continue to climb beyond that range, it will be a very bullish outcome. Much of that hinges on Artificial Intelligence: A…
(5/17/23) Markets continue to go nowhere. Interestingly, one day after Home Depot's disappointing report, Target's results exceeded expectations. Retail Sales' core numbers continue to trend upward, …
(5/17/23) Home Depot's results on Tuesday were its worst report in over a decade; today, however, Target's report was very positive, with the company holding its guidance for the rest of 2023. How ca…
(5/16/23) Markets have endured a sideways pattern for the past month and a half, and are now in a wait-and-see mode, ahead of economic data. Retail Sales for April were up a less-than-expected .4% in…
(5/16/23) Home Depot and Retail Sales numbers add their weight to Wall Street: April Retail Sales were lower than expected, rising only .4% from last month (this report was taped prior to numbers' re…
(5/15/23) Markets have gone nowhere for past 45-days; Debt Ceiling discussions resume this week, providing possible impetus. Is Ai the next dot-com phenomenon? The latest NFIB Confidence Index: Marke…
(5/15/23) This is make-or-break week for resolving the Debt Ceiling debate; the next discussion comes tomorrow. Market futures are somewhat elevated on hopes the question can be put to rest. Media th…
(5/12/23) Janet Yellen & Jerome Powell to not always agree; the Physical Longevity Test; Jimmy John's underwear reprise, and getting used to inflation; As go Regional Banks so goes the market; the da…
(5/11/23) Markets are beginning to resolve higher; the NASDAQ will drag the S&P along. Upside, however, is limited. Positive bias to stock prices remains, despite calls for Recession; the passive ind…
(5/11/23) Markets rallied on Wednesday's CPI report showing a softening of inflation, but is more inflation on the way? Markets are being dragged lower this morning on concerns over another potential…
(5/10/23) It's Inflation Day: This morning's CPI Report recorded a .4% inflation increase in April (this show was broadcast prior to the numbers' release). The pressure is on to raise the debt ceilin…
(5/10/23) CPI numbers released this morning (this report taped beforehand) provide a snapshot of the economy. Inflation rose .4% in April, somewhat weaker than expected. Markets' response will vary l…
(5/9/23) Wednesday's (5/10) CPI report on inflation will likely be The Market Moving report of the week: However, NFIB data is similarly important, although less-reported. the Bank Lending Standards …
(5/9/23) Futures are flat in anticipation of Wednesday's (5/10) inflation report: The big concern is whether inflation is remaining sticky, and if inflation is running hotter-than-expected, the narra…
(5/5/23) Will there be a mass-exodus from bank stocks in the wake of the latest round of bank failures? It's hard to tell the baby from the bath water. Getting out of the market vs the price of reinv…
(5/8/23) Our obligatory Mother's Day alert; no recent bank fail (yay); Employment report beat estimates for 13th straight month; market rallies 2% on Friday, but ends with a down week; markets moving…
(5/8/23) Apple's better-than-expected earnings despite lowered YOY revenue. Markets rallied, but in reality, have really gone nowhere since October despite headlines of bank failures, rate hikes, and…
(5/4/23) The Fed hikes rates...again...and markets pull back; tighter bank lending standards are defacto constraints on the economy. The burning questions are, 'is the Fed done,' and 'when will the F…
(5/4/23) Not only did Fed Chair Jerome "Darth" Powell hike interest rates to 5%, he also essentially said no rates cuts are forthcoming in this galaxy. The "terminal rate" that's been anticipated has…
(5/3/23) Markets have stagnated somewhat in anticipation of this afternoon's Fed announcement, anticipating a 25-bp interest rate hike. What matters more will be the language from Jerome Powell relat…
00:46:52 |
Wed 03 May 2023
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