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Storm the Field

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Everything posted by Storm the Field

  1. Would like to see WTI break out of this ~$70-75 trading range over the last 6 weeks, but good to see that $67 or so seems to be a pretty reliable level of support. Last 4 times that shorts have driven it into the 60's, it recovers back to $70 within 2-3 days.
  2. Looks like a little bit of profit taking over this final hour of the trading day after a big week of gains. DOW +350 since Monday S&P +99 Nasdaq +360
  3. Just saw an article that the owners of La Mexicana are taking over the spot of the extremely-short-lived Cherry Block at Stomping Grounds. IIRC, "La Mex" was originally planning to open up in the spot where Sunday Press is at 34th and Ella, but that fell through during Covid. Tentatively set for a September opening.
  4. If I still lived anywhere close to San Marcos (my old stomping grounds from '02-'07) like you, I probably would. Unfortunately, I live in the concrete jungle, where our only natural water feature is a giant muddy drainage ditch.
  5. This kind of heat wave in the middle of June just sucks all around. At least when you're facing something like this towards the end of August, you can console yourself that there's some relief on the horizon. At this point in the year, there's nothing ahead but more of the same for months to come. My wife headed out this morning to go see my in-laws for Father's Day and our nephew's birthday. Got the house to myself for the next 48 hours. While getting ready, was thinking how nice it would be to take the day off (if I wasn't so busy at work), but then I remembered that it's in the high 90's and humid (current heat index 109). Not like I'd wanna go for a long bike ride or dust off the clubs and hit the driving range.
  6. Almost 2 year later update. Property owner says the place is 100% leased. At least 1 future tenant has been ID'd based on construction permitting. Skiptown, a pet boarding/grooming facility with an outdoor bar and playground area will be starting construction later this year at 900 W 34th. I'm assuming the bar area will be in the parking lot behind the building, next to that new apartment complex that's going up on Brinkman. https://skiptown.io/
  7. Inflation expectations falling, Consumer Sentiment rising.
  8. Whoops. "I asked them to let me go" Yeah, let's go with that.
  9. Markets rising like whoa! MSFT up to an all-time high at $345 today. Market cap currently close to $2.6 trillion. AAPL also at an all-time high of $185, inching them even closer to becoming the first $3T company (currently $2.91T).
  10. Thank fucking god.
  11. Way more concerned about the Yordan issue than LMJ, who I wasn't expecting to see much of this year. How bad does an oblique strain have to be to take 6 weeks to heal?
  12. Market's angry about the suggestion of 2 more hikes.
  13. Fed's latest interest rate and inflation projections just out. Just hold out until 2025 mortgage bros!
  14. Fed skips June, as expected. They signaled they expect 2 more rate hikes this year, with a terminal rate of 5.6%, dropping to 4.6% next year. They see inflation dropping to 3.2% by the end of 2023, 2.6% next year. Upped their 2023 GDP forecast from 0.4% to 1.0%. Only a minor increase in unemployment expected, from 3.7% now to 4.1% by the end of the year.
  15. Coming out next year for XBOX, PS5, and PC. Jedi Survivor type gameplay but you're a non-Jedi using a blaster. There's also ship combat.
  16. I've gotten old and nerdy enough, and increasingly less tolerant of SETX summer weather, that usually starting around Labor Day, I spend a little time each day looking through GFS models for any hint of the first cool front headed for Texas. That first day that the low temp hits 65 (usually early one morning in late September) is quite possibly my new favorite day of the year.
  17. May PPI comes in at -0.3%. YOY drops from 2.3% to 1.1%. Core YOY dropped from 3.2% to 2.8%.
  18. Fished in an industry tournament down in Galveston on Saturday morning. One of my better fishing days in a while. Ended up with a personal limit of trout including a real nice 21'. Our boat finished with 13 keeper trout and 1 slot redfish, and landed probably another 20 or so throwbacks (small trout, rat reds, black drum...etc). Also caught the biggest ladyfish I've ever seen. Hit it hard and I got pumped thinking I had a prize trout on and then this monster jumps out of the water after about 5 seconds of fighting. Disappointing, but fun to reel in.
  19. That squall that blew through Houston yesterday evening was crazy. I walked out to my office garage at 6:00 and it was just starting to drizzle. 3 minutes later, heading up Yale and it's raining sideways and you can hardly see the lane markers. Had some pea-sized hail bouncing off the hood of my truck. That was some of the quickest street flooding I've ever seen occur. And within 20 minutes it was all over.
  20. Now that E3 is pretty much dead, this has become the de facto summer games showcase. Started earlier today and goes through Tuesday.
  21. VIX sitting below 14, something that hasn't happened since February 2020.
  22. Looks like Blastfurnace season kicks off in earnest on Friday. High pressure system will move in and park over Texas and stick around for a while. Extended forecast for 6/9 thru 6/19 is all mid to high 90's and low rain chances.
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