Wake Up Call – The Day Ahead Dec 14 2021

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  • 14 Dec '21 at 7:35 am #31066
    Nick
    Keymaster

    A live recap of what happened while we slept overnight and what lies ahead. We go through charts on the S&P 500, WTI Oil and Natural gas. Markets
    [See the full post at: Wake Up Call – The Day Ahead Dec 14 2021]

    14 Dec '21 at 1:20 pm #31071
    MoneyNeverSleeps
    Participant

    Great inight again!

    Apple (AAPL 173.21, -2.55, -1.5%) is down 1.5% despite BofA Securities upgrading the stock to Buy from Neutral.
    Adobe (ADBE 604.25, -54.05, -8.2%) is down 8%, further pressured by an analyst downgrade to Neutral from Overweight at JP Morgan.

    14 Dec '21 at 1:21 pm #31072
    MoneyNeverSleeps
    Participant

    10-yr yield up just two basis point to 1.44% despite the hot inflation data.

    Seems a view that year-over-year inflation rates could level off next year with a more aggressive Fed.

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