Market Wrap – Oil Up, Stocks Down March 7, 2002

More of the same, oil soared to highs above 2008 levels and energy stocks soared the major US indices ended lower with the NASDAQ leading the way. As oil prices soared. Another Bear Market whacking or something more after initially soaring on BTFD. We look at the indices, $AAPL, $AMZN, Gold, Copper, BTC, ETH, Natural gas and oil in the podcast. We also went through the Short Dribblers & Banks $FAZ with an added bonus of small energy floaters today. … Continue reading “Market Wrap – Oil Up, Stocks Down March 7, 2002”

Market Wrap – Black Gold, Texas Tea March 4, 2002

While oil soared to highs above 2008 levels and energy stocks soared the major US indices ended lower with the NASDAQ leading the way. For the week, the Dow industrial average is down for the fourth week in a row while the NASDAQ and S&P are down for the third week in the last four. Struggling with the markets? please join us we went live @youtube in 15 to go thru one of our best weeks. Part A Energy #oil … Continue reading “Market Wrap – Black Gold, Texas Tea March 4, 2002”

Market Wrap – Frazzled Commodities with Oil, Coal and Wheat Volatility March 3, 2002

The dominating feature of the day was oil, WTI had a $10 range with conflicting US, another dribbler beware warning, if it still needs to be given. The result was a defensive day for stocks ahead of tomorrow’s US jobs report. The S&P 500 ended up losing 0.5% after being up 0.7%. The Nasdaq Composite (-1.6%) and Russell 2000 (-1.3%) were hit the most. Stocks turned negative from there after a disappointing ISM Non-Manufacturing Index for February and tough-minded rhetoric … Continue reading “Market Wrap – Frazzled Commodities with Oil, Coal and Wheat Volatility March 3, 2002”

Market Wrap – Oil En Fuego March 2, 2002

Stock markets ignored the oil markets soaring to over $112 WTI and $115 Brent a Bond markets selling off and Fed chair Powell saying we are raising rates and we don’t know when inflation reverses with a war between Russia and Ukraine deepening. Another Bear Market rally or something more akin to BTFD. The Dow, S&P and Nasdaq all up for the 1st time in 3 days. The Russell 2000 led with a gain over 2.5%. We look at the … Continue reading “Market Wrap – Oil En Fuego March 2, 2002”

Market Wrap – Stock Continue to Fall as Oil and Food Prices Soar March 1, 2022

More of the same for Stock markets and Oil prices with more war drums with Russia. The Dow fell nearly 600 points Tuesday, or 1.8%, one day after stocks capped off their second straight month of declines to start the year. The Nasdaq and S&P 500 were also hit hard, with each index falling about 1.6%. Rising oil prices, which spiked nearly 10% Tuesday to above $104 a barrel for the first time more than seven years, are hurting sentiment … Continue reading “Market Wrap – Stock Continue to Fall as Oil and Food Prices Soar March 1, 2022”

Market Wrap – Volatility and Confusion Close Out February Portfolios Feb 28, 2022

Stock markets sold off on fear with Russia and Ukraine only to spin around through the day and see window dressing in the last 20 minutes for end of month’s painting the close. Another Bear Market rally or something more akin to BTFD. In a mad, mad world Greed infects rationality. Fed funds futures market is heavily favoring a quarter-point hike in March instead of a half-point hike. The 2-yr yield dropped 16 basis points to 1.43%, and the 10-yr yield … Continue reading “Market Wrap – Volatility and Confusion Close Out February Portfolios Feb 28, 2022”

Market Wrap – All Greed in Blood and War Feb 25, 2022

Stock markets continued to melt up in the face of 40-year high inflation and Putin’s savage attack of The Ukraine as global supply shocks deepen. Another Bear Market rally or something more after initially soaring on BTFD. For the week, the S&P NASDAQ and Russell 2000 all closed higher. In a mad, mad world Greed infects rationality ……The 2s10s spread tightened by six basis points to 40 bps over the course of the abbreviated week. The U.S. Dollar Index fell … Continue reading “Market Wrap – All Greed in Blood and War Feb 25, 2022”

Market Wrap – Putin Declares War BUT Market Bounce Hard Feb 24, 2022

The S&P 500 bounced almost 4% after opening down 2.6% after Russia invaded Ukraine but bounced hard to close up 1.5% in a buy the dip trade led by the mega-caps stocks. Bear market rally or something more after initially soaring on BTFD. Oil traded over 100 WTI 105 Brent to pull back hard. We look at the indices, $BYND, $COIN $ETSY, $DELL $AAPL, $AMZN, Gold, Copper, BTC, ETH, Natgas and oil in the podcast. We talk through to today’s … Continue reading “Market Wrap – Putin Declares War BUT Market Bounce Hard Feb 24, 2022”

Market Wrap – When the War Is Over Make Me Understand Feb 23, 2022

More blood on the streets as stock markets continued to sell off, S&P 500 dropped 1.8% as risk sentiment remained pressured by negative war drums Russia-Ukraine headlines.  Ukraine declared a state of emergency and mobilized its reserves; the U.S. expanded sanctions to Nord Stream 2 AG and the Biden administration warned Ukraine of a full-scale Russian invasion within 48 hours, according to Newsweek. The Nasdaq Composite -2.6% and Russell 2000 -1.8%. After hours Dribbler notables SKLZ and FOBU collapsed after earnings. … Continue reading “Market Wrap – When the War Is Over Make Me Understand Feb 23, 2022”

Market Wrap – ROKU and Stocks Wrecked Again Feb 17 2022

Stock markets continued to sell off, S&P 500 dropped 2.1% as risk sentiment remained pressured by negative war drums Russia-Ukraine headlines. The Nasdaq Composite -2.9% and Russell 2000 -2.5% After hours ROKU and DBX collapsed after earnings. This is a high-risk earnings season. Another Bear Market rally. We look at the indices, $AAPL, $AMZN, Gold, Copper, BTC, ETH, Natgas and oil in the podcast. We talk through to today’s action and where to now … Enjoy live commentary from Our … Continue reading “Market Wrap – ROKU and Stocks Wrecked Again Feb 17 2022”