Market in Review 8/22/2024

MARKET REPORT (Unburdened by what has been) Amsterdam Bourse Day in Review: Today: (Kamalanomics: Govt-manipulated data with un-reported historic downward revisions to make the economy look more favorable): DATA: – US Manufacturing PMI Plunges To 8-Mo Lows – Flash US Services Business Activity Index at 55.2 (July: 55.0) – 2-month high – Flash US Manufacturing Output Index at 47.8 (July: […]
Market in Review 4/5/2024

MARKET REPORT Review: – US NFP Highest in 10 months (It’s ALL P/T, F/T actually decreased & 50% + Gov/Health) – Exp 200k Act 303k – Feb revised down from 275k to 270k – Jan revised up net Jan/Feb +22k – The rate was Exp Unch at 3.9% came in at 3.8% – the bulk […]
Market in Review 3/14/2024

MARKET REPORT Review: – US PPI rises most since August. Exp +0.3% Act +0.6% – Energy and food primary drivers – Core rate (Ex Food and Energy) Exp +0.2% Act +0.3% ALTHOUGH Prev +0.5% – YoY +1.6% from Jan +0.9% surpassing Exp +1.1% – US Retail Sales Exp +0.8% Act +0.6% – Jan upwardly revised […]
Market Report 2/27/2024

MARKET REPORT Review: – BTC up 4% – Soft Durable Goods led by Boeing – Consumer Confidence stalls – Richmond Fed improves – Hot Japanese CPI – Fed’s Bowman tows usual line – BoE’s Ramsden says MPC could unwind APF fully – AAPL cancels electric car effort – HES-CVX merger under threat – OPEC reportedly […]
Market in Review 1/24/2024

MARKET REPORT Review: – SP & Nasdaq close record highs – Broader Equities flat, Nasdaq up 0.5% – Nvidia +2.5% all to time highs, Microsoft, Meta all time highs, ASML up on quarterly results – Dollar touch weaker, rallied into the afternoon – Gold Hit 2036 before falling off cliff – Crypto flat after dump […]