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Businesses are Raising Prices to Safeguard Their Profits

Businesses are Raising Prices to Safeguard Their Profits

  • Wall Street Rebel - Michael London | May 30, 2023
Economic experts caution that the recent corporate approach of hiking prices will compel the Federal Reserve to continue increasing interest rates or, at the very minimum, to refrain from reducing them. Implementing such a measure could ....
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Another Trump Scam Looting Tens of Millions from Moronic Supporters

Another Trump Scam Looting Tens of Millions from Moronic Supporters

  • James DiGeorgia:Opinion | May 27, 2023
The con artists are peddling “Trump Bucks,” which are emblazoned with photos of the former president, and advertising them online as a kind of golden ticket that will help propel Trump’s 2024 bid and make the “real patriots” who support him rich when cashed in. ....
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The Debt Ceiling Negotiations May Not Save the Day

The Debt Ceiling Negotiations May Not Save the Day

  • James DiGeorgia | May 27, 2023
As we predicted, Speaker Kevin McCarthy is facing a possible revolt as far-right House members start making threats that if he takes seriously would end his speakership and could stall the debt ceiling negotiation underway. ....
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The Daily Briefing For May 26th: Let's Make a Deal Joe! Stocks Think There Could Be A Deal.

The Daily Briefing For May 26th: Let's Make a Deal Joe! Stocks Think There Could Be A Deal.

  • Geoff Garbacz | May 26, 2023
Overnight Summary: The S&P 500 closed Thursday at 4151.28 higher by 0.88% from Wednesday at 4115.24 lower by -0.73%. The overnight high of 4169.25 was hit at 7:05 a.m. EDT. The low was hit at 4146 at 9:30 p.m. EDT, a range of ~25 points high to low which is a mid-vol night.  At 7:15 a.m. EDT, the current price was 4167.50 which is 0.19% and 7.75 points. The 10-day average of the overnight range is 21.30 from 21.10. ....
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The Daily Briefing For May 25th: NASDAQ Rips Higher In Pre-Market By 1.90% On Nvidia Beat

The Daily Briefing For May 25th: NASDAQ Rips Higher In Pre-Market By 1.90% On Nvidia Beat

  • Geoff Garbacz | May 25, 2023
Overnight Summary: The S&P 500 closed Wednesday at 4115.24 lower by -0.73% from Tuesday at 4145.58 lower by -1.12%. The overnight high of 4157 was hit at 6:05 p.m. EDT. The low was hit at 4135.50 at 3:50 a.m. EDT, a range of ~22 points high to low which is a mid-vol night.  At 7:20 a.m. EDT, the current price was 41515 which is 0.61% and 25 points. The 10-day average of the overnight range is 21.10 which is unchanged. ....
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What if there the Just a Brief Default to Signing a Budget

What if there the Just a Brief Default to Signing a Budget

  • Wall Street Rebel - Michael London | May 24, 2023
Suppose the government cannot fulfill an interest payment obligation, even if the delay is brief. If such a scenario were to occur, the entity's creditworthiness would likely be adversely impacted. The potential consequences of a default on the ....
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The Daily Briefing For May 24: Stocks Lower As Fears Of Debt Ceiling Breakdown Rise

The Daily Briefing For May 24: Stocks Lower As Fears Of Debt Ceiling Breakdown Rise

  • Geoff Garbacz | May 24, 2023
Overnight Summary: The S&P 500 closed Tuesday at 4145.58 lower by -1.12% from Monday at 4192.63 higher by 0.02%. The overnight high of 4166.25 was hit at 8:25 p.m. EDT. The low was hit at 4140.25 at 6:40 a.m. EDT, a range of ~26 points high to low which is a mid-vol night.  At 7:20 a.m. EDT, the current price was 4142.25 which is -0.40% and -16.50 points. The 10-day average of the overnight range is 21.10 from 20.70. ....
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The Daily Briefing For May 23: Stocks Modestly Lower As Debt Ceiling Talks Continue, Bond Yields Climb.

The Daily Briefing For May 23: Stocks Modestly Lower As Debt Ceiling Talks Continue, Bond Yields Climb.

  • Geoff Garbacz | May 23, 2023
Overnight Summary: The S&P 500 closed Monday at 4192.63 higher by 0.02% from Friday at 4191.98 lower by -0.14%. The overnight high of 4222.75 was hit at 9:50 a.m. EDT. The low was hit at 4197.25 at 6:05 a.m. EDT, a range of ~25 points high to low which is a mid-vol night.  At 7:20 a.m. EDT, the current price was 4199 which is -0.14% and -6 points. The 10-day average of the overnight range is 20.70 from 20.20. ....
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POTUS Biden Will Invoke His Emergency Powers to Vaporize Debt Ceiling

POTUS Biden Will Invoke His Emergency Powers to Vaporize Debt Ceiling

  • James DiGeorgia: Opinion | May 22, 2023
There is no sign that a Debt Ceiling agreement will be reached between Republicans and Democrats. President Biden is teasing the 14th Amendment. But with no guarantee that the far-right Supreme Court will uphold that – his executive order will also be based on another premise. ....
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The Daily Briefing For May 22nd: Markets Look To Washington For Debt Ceiling Deal

The Daily Briefing For May 22nd: Markets Look To Washington For Debt Ceiling Deal

  • Geoff Garbacz | May 22, 2023
Overnight Summary: The S&P 500 closed Friday at 4191.98 lower by -0.14% from Thursday at 4198.05 up 0.94%. The overnight high of 4206.25 was hit at 4:30 a.m. EDT. The low was hit at 4186.50 at 6:05 p.m. EDT, a range of ~20 points high to low which is a low-vol night.  At 7:15 a.m. EDT, the current price was 4201 which is -0.09% and -3.75 points. The 10-day average of the overnight range is 20.20 from 19.80. ....
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The Daily Briefing For May 19th- S&P 500 Up 1.63% For The Week While NASDAQ 100 Up 3.71% Driving Investors Crazy

The Daily Briefing For May 19th- S&P 500 Up 1.63% For The Week While NASDAQ 100 Up 3.71% Driving Investors Crazy

  • Geoff Garbacz | May 19, 2023
Overnight Summary: The S&P 500 closed Thursday at 4198.05 up 0.94% from Wednesday at 4158.77 higher by 1.19%. The overnight high of 4225.50 was hit at 6:15 p.m. EDT. The low was hit at 4211 at 4:30 p.m. EDT, a range of ~14 points high to low which is a low-vol night. At 7:15 a.m. EDT, the current price was 4218.60 which is 0.16% and 6.75 points. The 10-day average of the overnight range is 19.80 from 21.6o. ....
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The Daily Briefing For May 18th: Walmart Beats And Guides Higher, Bringing Into Question Weak Consumer. Stocks Higher.

The Daily Briefing For May 18th: Walmart Beats And Guides Higher, Bringing Into Question Weak Consumer. Stocks Higher.

  • Geoff Garbacz | May 18, 2023
Overnight Summary: The S&P 500 closed Wednesday at 4158.77 higher by 1.19% from  Tuesday at 4109.60 lower by -0.64%. The overnight high of 4183.75 was hit at 7:05 a.m. EDT. The low was hit at 4166 at 9:45 p.m. EDT, a range of ~17 points high to low which is a low-vol night.  At 7:15 a.m. EDT, the current price was 4181.50 which is 0.24% and 10 points. The 10-day average of the overnight range is 21.6o from 24.2. ....
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The Daily Briefing For May 17th: Stocks Rebound as Rollercoaster Action Continues Over Debt Ceiling Talks

The Daily Briefing For May 17th: Stocks Rebound as Rollercoaster Action Continues Over Debt Ceiling Talks

  • Geoff Garbacz | May 17, 2023
Overnight Summary: The S&P 500 closed Tuesday at 4109.60 lower by -0.64% from  Monday at 4136.28 up 0.30%. The overnight high of 4140 was hit at 7:15 a.m. EDT. The low was hit at 4122 at 3:55 a.m. EDT, a range of ~18 points high to low which is a low-vol night.  At 7:15 a.m. EDT, the current price was 4140 which is 0.41% and 17 points. The 10-day average of the overnight range is 24.2. ....
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The Daily Briefing for May 16th: Stocks Lower As Home Depot Guides Lower, Buffet Takes a Stake in Capital One and Debt Meeting Ahead For Today

The Daily Briefing for May 16th: Stocks Lower As Home Depot Guides Lower, Buffet Takes a Stake in Capital One and Debt Meeting Ahead For Today

  • Geoff Garbacz | May 16, 2023
Overnight Summary: The S&P 500 closed Monday at 4136.28 up 0.30% from Friday at 4124.08 down by -0.16%. The overnight high of 4151.50 was hit at 3:55 a.m. EDT. The low was hit at 4135.25 at 3:10 a.m. EDT, a range of ~16 points high to low which is a low-vol night.  At 7:15 a.m. EDT, the current price was 4147 which is -0.07% and -3 points. ....
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The Daily Briefing For May 15th:Market Hopes To Put Debt Ceiling In The Rearview Mirror, Stocks Higher.

The Daily Briefing For May 15th:Market Hopes To Put Debt Ceiling In The Rearview Mirror, Stocks Higher.

  • Geoff Garbacz | May 15, 2023
Overnight Summary: The S&P 500 closed Friday at 4124.08 down by -0.16% from Thursday at 4130.62 down -0.17%. The overnight high of 4156.25 was hit at 4:20 a.m. EDT. The low was hit at 4126.75 at 9:00 p.m. EDT, a range of ~30 points high to low which is a mid-vol night.  At 7:05 a.m. EDT, the current price was 4154 which is 0.39% and 16.00 points. As we move into mid-May we will use a 10-day moving average of overnight ranges. ....
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The Daily Briefing for May 12th: Stocks Attempt Rally Into Weekend

The Daily Briefing for May 12th: Stocks Attempt Rally Into Weekend

  • Geoff Garbacz | May 12, 2023
Overnight Summary: The S&P 500 closed Thursday at 4130.62 down -0.17% from Wednesday at 4137.64 up 0.45%. The overnight high of 4164.50 was hit at 5:10 a.m. EDT. The low was hit at 4141.25 at 4:25 p.m. EDT, a range of ~23 points high to low which is a mid-vol night, same as Wednesday morning.  At 7:20 a.m. EDT, the current price was 4160.50 which is 0.40% and 16.75 points. As we move into mid-May we will use a 10-day moving average of overnight ranges. ....
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The Daily Briefing For May 11th: Day Two of Inflation Data With PPI Out Shortly, PacWest Deposit Loss Hit Regionals Causing them To Lose Gains

The Daily Briefing For May 11th: Day Two of Inflation Data With PPI Out Shortly, PacWest Deposit Loss Hit Regionals Causing them To Lose Gains

  • Geoff Garbacz | May 11, 2023
Overnight Summary: The S&P 500 closed Wednesday at 4137.64 up 0.45% from Tuesday at 4119.17 lower by -0.46%. The overnight high of 4168.50 was hit at 5:25 a.m. EDT. The low was hit at 4146.75 at 7:25 a.m. EDT, a range of ~22 points high to low which is a mid-vol night, same as Wednesday morning.  At 7:30 a.m. EDT, the current price was 4147.50 which is -0.11% and -4.50 points. As we move into mid-May we will use a 10-day moving average of overnight ranges. ....
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Russian Rebels Trying to Overthrow Putin: The Coup We Predicted Coming

Russian Rebels Trying to Overthrow Putin: The Coup We Predicted Coming

  • James DiGeorgia | May 10, 2023
Russia’s authoritarian dictator masquerading as the head of a Democracy faces a growing threat from his own citizens as the casualty count rises in Ukraine and despair sets in among its military. Hopefully, the revolutionary force will take Putin alive and turn him over to the Hauge for trial for his crimes against humanity. ....
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