Paul R. La Monica (@lamonicabuzz) 's Twitter Profile
Paul R. La Monica

@lamonicabuzz

All stocks and economy. All the time. Except when I mix in references to sports and pop culture. Senior markets analysis writer @barronsonline. Ex-@CNNBusiness.

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linkhttps://www.barrons.com/ calendar_today14-01-2010 22:25:06

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No party here. Tupperware shares plunged 57.5% yesterday...to just 51 cents a share...on Bloomberg report saying bankruptcy filing is imminent. $TUP bloomberg.com/news/articles/…

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The kindest cut? Fed funds futures now pricing in 59% probability of a half-point cut vs. 41% for quarter-point. Not exactly a 50-50 tossup. But close. 25 or 50? cmegroup.com/markets/intere…

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Intel up 6%. But its rally not boosting Dow much. Only 0.3% of price-weighted average. Smallest component. $VZ next at 0.7%. Still think Nvidia could eventually replace Intel. $NVDA up 23% since I wrote this in late May for Barron's. $INTC down 30%. barrons.com/articles/nvidi…

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Betting on rate cuts? All-time highs today for $V $MA $AXP as well as builders/housing related stocks $CARR $LEN $TOL $PHM $MAS $SHW $TMHC $LII $NVR

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Housing starts/builder permits data comes out tomorrow morning before the Fed decision. Economists forecasting solid rebound in starts from July and slight uptick in permits.

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Better eat your Wheaties? Cereal and pet food giant General Mills reports results tomorrow. Analysts expect slight decline in earnings and sales. But $GIS holding up well this year along with other food/staple stocks. Dividend yield above 3%. $GIS up 14% YTD. $XLP up about 16%.

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🎶The Fed'll cut rates tomorrow Bet your bottom dollar (or bitcoin), that tomorrow there'll be a cut Just thinking about tomorrow Clears away the inflation hawks, and the sorrow 'til there's none Sorry. Not sorry. So how big will the cut be? Good night!