Market in Review 4/11/2024
MARKET REPORT Review: – US PPI ‘Less’ than expected Exp +0.3% Act +0.2% Prev +0.6% Feb – YoY +2.4% Mar Exp +2.3% Prev +2% Feb BUT!: According to the BLS, the SESONALLY ADJUSTED (??!) gas price in...
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MARKET REPORT Review: – GOLD! Pumps, and DUMPS – Crypto, just DUMPS – Crude….. PUMPS AND DUMPS – Equities….. dump. – Flight to USD! – End. Of. Story. – China weak credit loans (up, but less than Exp)...
View ArticleMarket in Review 4/15/2024
MARKET REPORT Review: – Hot US retail sales Exp +0.3% Act +0.7% – NY Fed mfg. misses – Williams doesn’t see recent inflation data as a game changer – Stellar GS earnings – ECB speak in favour of June...
View ArticleMarket in Review 4/16/2024
MARKET REPORT Review: – Powell says Rates Higher for Longer – “The recent data have clearly not given us greater confidence and instead indicate that is likely to take longer than expected to achieve...
View ArticleMarket in Review 4/17/2024
MARKET REPORT Review: Danish Stock Exchange, left. – Crude SMOKED, inventories (EIA) larger than expected – Mortgage rates at 4 month highs – Poor ASML earnings – UAL earnings impress, UAL jumps –...
View ArticleMarket in Review 4/18/2024
MARKET REPORT Review: – Fed’s Bostic: ‘Wont be in position to cut rates until end of the year – For Brief moments today May rate HIKES were more likely than CUTS!: Just 38bps now priced in – US Initial...
View ArticleMarket in Review 4/22/2024
MARKET REPORT Review: – Gold closes -3%, Silver -5.5% – CHI Fed National Activity index at 4-month high – FTSE closes record highs – Yen hits 34yr low – Cocoa -11% – Biden unveils $7B in rooftop Solar...
View ArticleMarket in Review 4/23/2024
MARKET REPORT Review: Tesla Earnings today! (All eyes) – JetBlue plunges 17% – Spotify +14% – Earnings: SHW, CLF, NUE, PKG disappoint, GE, GM & DHR impress – US Building Permits higher than...
View ArticleMarket in Review 4/24/2024
MARKET REPORT Review: – Hong Kong is set to launch its inaugural spot Bitcoin and Ethereum exchange-traded funds (ETFs) on April 30 Tesla SOARS – Meta better than Exp earn but disappointing Q2 forecast...
View ArticleMarket in Review 4/26/2024
MARKET REPORT Review: – PCE +0.8% vs Exp +0.6% – CORE +0.3% Exp +0.3% – Michigan Sentiment 77.2 Exp 77.9 Prev 79.4 – Yen skyrockets – Tech stocks lead equities (again) – Next week: – WED Fed IR rate...
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