13 Jun 2024 Market Close & Major Financial Headlines: For The Third Session, The Nasdaq Set New Historic Highs After A small Gap Up At The opening Bell, The Dow And The S&P 500 Traded Mostly In the Red, Finally Closing Mixed

June 13, 2024Posted inmarketsNo Comments

Summary Of the Markets Today:

  • The Dow closed down 66 points or 0.17%,
  • Nasdaq closed up 0.34%, (Closed at 17,668, New Historic high 17,742)
  • S&P 500 closed up 0.23%,
  • Gold $2,320 down $35.30,
  • WTI crude oil settled at $78 down $0.42,
  • 10-year U.S. Treasury 4.244 down 0.051 points,
  • USD index $105.20 up $0.56,
  • Bitcoin $66,564 down $1,685 or 2.47%

*Stock data, cryptocurrency, and commodity prices at the market closing.

Click here to read our current Economic Forecast – June 2024 Economic Forecast: Our Index Marginally Weakened And There Is Another Indicator Warning Of A Recession

Today’s Economic Releases Compiled by Steven Hansen, Publisher:

Honestly, I am really glad I do the analysis of inflation myself. If you read the vomit spewed by the financial wizards of the mass media you would be convinced inflation is abating. In fact, the way US Census released the Producer Price Index for final demand was also misleading: “The Producer Price Index for final demand declined 0.2 percent in May…”. Because of the convoluted seasonal adjustments, data errors, and other analytic BS – the only way to wash the info is to do a year-over-year analysis which does not require seasonal adjustments and averages out the data errors. The truth is that the PPI inflation is up 2.24% in May 2024 which is down from April’s 2.27% – literally no change in the inflation rate in this level below retail. And the primary reason the PPI did not rise is due to a 7.1% decline in the price for gasoline. Look at the table below which displays the year-over-year inflation changes from May 2023 – do you see where inflation is abating?

Month Change in final demand from 12 months ago (unadj.) Change in final demand less foods, energy, and trade from 12mo. ago (unadj.)
2023
May 1.1 2.9
June 0.3 2.9
July 1.1 2.9
Aug. 1.9 2.9
Sept. 1.8 2.9
Oct. 1.1 2.8
Nov. 0.8 2.5
Dec. 1.1 2.7
2024
Jan. 1.0 2.7
Feb. 1.6 2.8
Mar. 1.9 2.9
Apr. 2.3 3.2
May 2.2 3.2

When the Port of Los Angeles is combined with the Port of Long Beach, the two ports handled approximately 29% of all containerized international waterborne trade in the U.S. These ports release their statistics early – and give us an insight into trade statistics for the entire nation. In May 2023, imports were down 5% year-over-year whilst exports were down 1%. Imports correlate to U.S. consumer spending – and this data is generally saying spending is down. However, before COVID, May was one of the lowest months for container imports. Over the last year – every month has been relatively equal. Therefore, I am challenged to offer an opinion on what this month’s data means – and I will pass this month.

In the week ending June 8, the advance figure for seasonally adjusted initial unemployment claims 4-week moving average was 227,000, an increase of 4,750 from the previous week’s unrevised average of 222,250.

Here are some of headlines we are reading today:

Click on the “Read More” below to access these, other headlines, and the associated news summaries moving the markets today.

Today Through the Fourth Friday (22 to 28 days) Weather Outlook for the U.S. and a Six-Day Forecast for the World: posted June 13, 2024

June 13, 2024Posted inweatherNo Comments

This article focuses on what we are paying attention to in the next 48 to 72 hours. The article also includes weather maps for longer-term U.S. outlooks and a six-day World weather outlook which can be very useful for travelers.

First the NWS Short Range Forecast. The afternoon NWS text update can be found here after about 4 p.m. New York time but it is unlikely to have changed very much from the morning update. The images in this article automatically update.

Short Range Forecast Discussion
NWS Weather Prediction Center College Park MD
Thu Jun 13 2024
Valid 12Z Thu Jun 13 2024 – 12Z Sat Jun 15 2024

…There is an Enhanced Risk of severe thunderstorms over parts of the
Middle Mississippi Valley/Western Ohio Valley on Thursday and a Slight
Risk of severe thunderstorms over parts of the northern Mid-Atlantic/New
England plus the Central/Southern High Plains on Friday…

…There is a Moderate Risk of excessive rainfall over parts of the
southern tip of Florida on Thursday and a slight Risk over the southern
tip of Florida on Friday…

…There are Excessive Heat Warnings/Watches and Advisories over Southern
California, Southwest, Central Plains, and Southern High Plains on
Thursday…

A front extending from the Upper Great Lakes, Upper/Middle Mississippi
Valley, and then westward to the Central Rockies will move eastward to the
Northeast Coast, Mid-Atlantic, and westward to the Middle Mississippi
Valley and Central Plains by Saturday. The boundary will trigger showers
and severe thunderstorms over parts of the Middle Mississippi
Valley/Western Ohio Valley. Therefore, the SPC has issued an Enhanced Risk
(level 3/5) of severe thunderstorms over parts of the Middle Mississippi
Valley/Western Ohio Valley through Friday morning. The hazards associated
with these thunderstorms are frequent lightning, severe thunderstorm wind
gusts, hail, and a few tornadoes. In addition, there will be an added
threat of severe thunderstorms wind gusts of 65 knots or greater from the
Central Plains to Western Ohio Valley. Further, there will be an added
threat of large hail, two inches or greater, from the Central Plains to
the Western Ohio Valley.

On Friday, the boundary moves eastward to the Northeast, producing showers
and severe thunderstorms over parts of the northern Mid-Atlantic/New
England. Therefore, the SPC has issued a Slight Risk (level 2/5) of severe
thunderstorms over parts of the northern Mid-Atlantic/New England from
Friday through Saturday morning. The hazards associated with these
thunderstorms are frequent lightning, severe thunderstorm wind gusts, and
a minimal threat of tornadoes/ hail.

In addition, along the western end of the front, showers and severe
thunderstorms will develop over parts of the Central High Plains.
Therefore, the SPC has issued a Slight Risk (level 2/5) of severe
thunderstorms over parts of the Central High Plains from Friday through
Saturday morning. The hazards associated with these thunderstorms are
frequent lightning, severe thunderstorm wind gusts, hail, and a few
tornadoes. Furthermore, there will be an added threat of severe
thunderstorms wind gusts of 65 knots or greater from the Central High
Plains. On Friday, there will also be showers and thunderstorms from parts
of the Middle Mississippi Valley to the Central/Southern Appalachians.

Meanwhile, on Thursday, a stationary front with waves will extend across
northern Florida and parts of the Gulf of Mexico, and the combination of
tropical moisture over southern Florida will produce showers and
thunderstorms with very heavy rain over parts of southern Florida.
Therefore, the WPC has issued a Moderate Risk (level 3/4) of excessive
rainfall through Friday morning. The associated heavy rain will create
numerous areas of flash flooding. Furthermore, many streams may flood,
potentially affecting larger rivers.

On Friday, the threat of excessive rainfall will decrease slightly over
the southern tip of Florida. Therefore, the WPC has issued a Slight Risk
(level 2/4) of excessive rainfall over southern Florida from Friday into
Saturday morning. The associated heavy rain will create mainly localized
areas of flash flooding, with urban areas, roads, small streams, and
low-lying areas the most vulnerable.

Elsewhere, on Friday, a front will develop over parts of the Pacific
Northwest and move inland to the Northern Plains, the Great Basin, and
Southern California. The system will produce showers and thunderstorms
over parts of the Northern High Plains and Northern Plains on Friday
evening into Saturday. Moreover, onshore flow behind the front will
produce rain over parts of the Pacific Northwest from Friday to Saturday.

Moreover, upper-level ridging will develop over parts of the Southwest
eastward to the Southern, leading to Excessive Heat Warnings/Watches and
Heat Advisories over Southern California, Southwest, Central Plains, and
Southern High Plains. Residents and individuals involved in outdoor
activities must stay informed and take immediate and necessary precautions.

To get your local forecast plus active alerts and warnings click HERE and enter your city, state or zip code.

Learn about wave patterns HERE.

Then, looking at the world and of course, the U.S. shows here also. Today we are looking at precipitation.

Please click on “Read More” below to access the full Daily Report issued today.

12 Jun 2024 Market Close & Major Financial Headlines: S&P 500 And The Nasdaq Set New Historic Highs Again After A Significant Gap Up At The opening Bell, The Dow Trended Down To Close In Negative Territory

June 12, 2024Posted inmarketsNo Comments

Summary Of the Markets Today:

  • The Dow closed down 35 points or 0.09%,
  • Nasdaq closed up 1.53%, (Closed at 17,608, New Historic high 17,345)
  • S&P 500 closed up 0.85%, (Closed at 5,421, New Historic high 5,447)
  • Gold $2,335 up $8.80,
  • WTI crude oil settled at $78 up $0.43,
  • 10-year U.S. Treasury 4.332 down 0.007 points,
  • USD index $104.75 down $0.49,
  • Bitcoin $67,534 up 217 or 0.32%,

*Stock data, cryptocurrency, and commodity prices at the market closing.

Click here to read our current Economic Forecast – June 2024 Economic Forecast: Our Index Marginally Weakened And There Is Another Indicator Warning Of A Recession

Today’s Economic Releases Compiled by Steven Hansen, Publisher:

The Consumer Price Index for All Urban Consumers (CPI-U) increased 3.3% year-over-year in May 2024 – down slightly from last month’s 3.4% year-over-year. The all items less food and energy index rose 3.4% over the last 12 months. In looking at the internals, gasoline declined whilst shelter and food increased. Although the CPI marginally declined, it remains a long way from from the Fed’s 2.0% target.

The Federal Reserve’s FOMC meeting concluded today with no change to the federal funds rate of 5-1/4 to 5-1/2% as expected. Their statement begins:

Recent indicators suggest that economic activity has continued to expand at a solid pace. Job gains have remained strong, and the unemployment rate has remained low. Inflation has eased over the past year but remains elevated. In recent months, there has been modest further progress toward the Committee’s 2 percent inflation objective.

The question always remains when will the Fed reduce the federal funds rate. The following shows the FOMC participants’ assessments of what they GUESS the midpoint of target range or target level for the federal funds rate would be over time. This new set of “guesses” is more hawkish (meaning the potential reductions are further in the future). The numbers in the columns represent the number of participants projecting the midpoint of target range or target level. For 2024, 4 participants anticipate NO reduction to the federal funds rate while 7 believe there will be one rate reductions and 8 think there will be two reductions.

Midpoint of target range or target level (Percent) 2024 2025 2026 Longer run
5.500
5.375 4 1
5.250
5.125 7
5.000
4.875 8 1 1
4.750
4.625
4.500
4.375 4
4.250
4.125 9 1
4.000
3.875 2
3.750 1
3.625 1 3 1
3.500 2
3.375 3
3.250
3.125 7 1
3.000 4
2.875 1 2
2.750 3
2.625 1 1
2.500 5
2.375 1 1
2.250

Note: Each shaded circle indicates the value (rounded to the nearest 1/8 percentage point) of an individual participant’s judgment of the midpoint of the appropriate target range for the federal funds rate or the appropriate target level for the federal funds rate at the end of the specified calendar year or over the longer run.

Here are some of headlines we are reading today:

Click on the “Read More” below to access these, other headlines, and the associated news summaries moving the markets today.

Today Through the Fourth Friday (22 to 28 days) Weather Outlook for the U.S. and a Six-Day Forecast for the World: posted June 12, 2024

June 12, 2024Posted inweatherNo Comments

This article focuses on what we are paying attention to in the next 48 to 72 hours. The article also includes weather maps for longer-term U.S. outlooks and a six-day World weather outlook which can be very useful for travelers.

First the NWS Short Range Forecast. The afternoon NWS text update can be found here after about 4 p.m. New York time but it is unlikely to have changed very much from the morning update. The images in this article automatically update.

Short Range Forecast Discussion
NWS Weather Prediction Center College Park MD
Wed Jun 12 2024
Valid 12Z Wed Jun 12 2024 – 12Z Fri Jun 14 2024

…There is an Enhanced Risk of severe thunderstorms over parts of the
Upper Mississippi Valley on Wednesday and a Slight Risk of severe
thunderstorms over parts of the Great Lakes/Ohio Valley, Middle
Mississippi Valley, and Central Plains on Thursday…

…There is a Slight Risk of excessive rainfall over parts of the southern
tip of Florida through Friday morning…

…There are Excessive Heat Warnings and Advisories over northern/central
California, Southwest, and western Texas on Wednesday…

A front extending from the Northern Plains to the Northern Rockies and
Great will move eastward to the Lower Great Lakes/Ohio Valley then
westward to the Central Rockies by Friday. The boundary will trigger
showers and severe thunderstorms over parts of northern Minnesota.
Therefore, the SPC has issued an Enhanced Risk (level 3/5) of severe
thunderstorms over parts of the Upper Mississippi Valley through Thursday
morning. The hazards associated with these thunderstorms are frequent
lightning, severe thunderstorm wind gusts, hail, and a few tornadoes. In
addition, there will be an added threat of large hail, two inches or
greater over Minnesota to northwestern Iowa.

Furthermore, a stationary front with waves will extend across northern
Florida and across the Gulf Coast, and the combination of tropical
moisture over Florida will produce showers and thunderstorms with heavy
rain over parts of southern Florida. Therefore, the WPC has issued a
Slight Risk (level 2/4) of excessive rainfall through Thursday morning.
The associated heavy rain will create mainly localized areas of flash
flooding, with urban areas, roads, small streams, and low-lying areas the
most vulnerable. Also, showers and thunderstorms will develop along parts
of the Western Gulf Coast and Central/Southern High Plains. Furthermore, a
cold pool of air over New England will trigger daytime showers with
embedded thunderstorms.

On Thursday, the Midwest front will move over parts of the Ohio Valley,
creating showers and severe thunderstorms. Therefore, the SPC has issued a
Slight Risk (level 2/5) of severe thunderstorms over parts of the Great
Lakes/Ohio Valley, Middle Mississippi Valley, and Central Plains from
Thursday through Friday morning. The hazards associated with these
thunderstorms are frequent lightning, severe thunderstorm wind gusts,
hail, and a few tornadoes. The system will also produce showers and
thunderstorms over parts of the Northeast on Thursday evening into Friday
morning. Showers and thunderstorms will develop over parts of the
Central/Southern High Plains.

In addition, the tropical moisture will continue to produce showers and
thunderstorms with heavy rain over parts of southern Florida. Therefore,
the WPC has issued a Slight Risk (level 2/4) of excessive rainfall from
Thursday into Friday morning. The associated heavy rain will create
mainly localized areas of flash flooding, with urban areas, roads, small
streams, and low-lying areas the most vulnerable.

Elsewhere, onshore flow will contribute to the development of rain over
parts of the Pacific Northwest Coast on Friday morning. Meanwhile,
upper-level ridging will strengthen over California and the Southwest on
Wednesday, and a subtropical high will form over North-Central Mexico,
leading to Excessive Heat Warnings and Heat Advisories over
Northern/Central California and Southwest and Excessive Heat Watches in
western Texas. It is crucial for residents and individuals involved in
outdoor activities to stay informed and take immediate and necessary
precautions.

To get your local forecast plus active alerts and warnings click HERE and enter your city, state or zip code.

Learn about wave patterns HERE.

Then, looking at the world and of course, the U.S. shows here also. Today we are looking at precipitation.

Please click on “Read More” below to access the full Daily Report issued today.

11 Jun 2024 Market Close & Major Financial Headlines: S&P 500 And The Nasdaq Set New Historic Highs After A Jaw-Dropping Plunge Deep In The Red After The Opening Bell

June 11, 2024Posted inmarketsNo Comments

Summary Of the Markets Today:

  • The Dow closed down 121 points or 0.31%,
  • Nasdaq closed up 0.88%, (Closed at 17,344, New Historic high 17,345)
  • S&P 500 closed up 0.27%, (Closed at 5,375, New Historic high 5,376)
  • Gold $2,333 up $5.40,
  • WTI crude oil settled at $78 up $0.16,
  • 10-year U.S. Treasury 4.398 down 0.071 points,
  • USD index $105.27 up $0.12,
  • Bitcoin $67,464 down $2,034 or 2.93%

*Stock data, cryptocurrency, and commodity prices at the market closing.

Click here to read our current Economic Forecast – June 2024 Economic Forecast: Our Index Marginally Weakened And There Is Another Indicator Warning Of A Recession

Today’s Economic Releases Compiled by Steven Hansen, Publisher:

The NFIB Small Business Optimism Index reached the highest reading of the year in May at 90.5, a 0.8-point increase but still the 29th month below the historical average of 98. The Uncertainty Index rose nine points to 85, the highest reading since November 2020. Twenty-two percent of owners reported that inflation was their single most important problem in operating their business, unchanged from April and the top business problem among owners. NFIB Chief Economist Bill Dunkelberg added:

The small business sector is responsible for the production of over 40% of GDP and employment, a crucial portion of the economy. But for 29 consecutive months, small business owners have expressed historically low optimism and their views about future business conditions are at the worst levels seen in 50 years. Small business owners need relief as inflation has not eased much on Main Street.

Here are some of headlines we are reading today:

Click on the “Read More” below to access these, other headlines, and the associated news summaries moving the markets today.

Today Through the Fourth Friday (22 to 28 days) Weather Outlook for the U.S. and a Six-Day Forecast for the World: posted June 11, 2024

June 11, 2024Posted inweatherNo Comments

This article focuses on what we are paying attention to in the next 48 to 72 hours. The article also includes weather maps for longer-term U.S. outlooks and a six-day World weather outlook which can be very useful for travelers.

First the NWS Short Range Forecast. The afternoon NWS text update can be found here after about 4 p.m. New York time but it is unlikely to have changed very much from the morning update. The images in this article automatically update.

Short Range Forecast Discussion
NWS Weather Prediction Center College Park MD
Tue Jun 11 2024
Valid 12Z Tue Jun 11 2024 – 12Z Thu Jun 13 2024

…There is a Slight Risk of severe thunderstorms over parts of the
Southern Plains on Tuesday and over parts of the Upper Mississippi Valley
on Wednesday…

…There is a Slight Risk of excessive rainfall over parts of the southern
tip of Florida through Wednesday…

…There are Excessive Heat Warnings/Watches and Heat Advisories over
Northern/Central California, Southwest, and western Texas on Tuesday…

A front extending from the Southeast across the Gulf Coast into the
Southern Plains will make the eastern portion quasi-stationary over the
Southeast. At the same time, the western half dissipates on Wednesday. The
half of the west of the boundary will aid in creating showers and severe
thunderstorms over parts of south-central Texas. Therefore, the SPC has
issued a Slight Risk (level 2/5) of severe thunderstorms over parts of the
Southern Plains through Wednesday morning. The hazards associated with
these thunderstorms are frequent lightning, severe thunderstorm wind
gusts, hail, and a minimal threat of tornadoes.

Furthermore, showers and thunderstorms will develop along the eastern
portion of the front. The combination of tropical moisture and upper-level
impulses will aid in producing showers and thunderstorms with heavy rain
over parts of southern Florida. Therefore, the WPC has issued a Slight
Risk (level 2/4) of excessive rainfall on Wednesday morning. The
associated heavy rain will create mainly localized areas of flash
flooding, with urban areas, roads, small streams, and low-lying areas the
most vulnerable. Also, showers and thunderstorms will develop along parts
of the Mid-Atlantic Coast.

In addition, the tropical moisture will continue to produce showers and
thunderstorms with heavy rain over parts of southern Florida. Therefore,
the WPC has issued a Slight Risk (level 2/4) of excessive rainfall from
Wednesday into Thursday morning. The associated heavy rain will create
mainly localized areas of flash flooding, with urban areas, roads, small
streams, and low-lying areas the most vulnerable.

Meanwhile, an upper-level low over the Northeast will help develop rain
with daytime-embedded thunderstorms over the area on Tuesday and Wednesday.

Elsewhere, another front over the Upper Mississippi Valley extending
southwestward to the Central Rockies/Great Basin will move eastward to the
Great Lakes and dissipate by Wednesday evening. On Tuesday, the front will
produce showers and thunderstorms over parts of the Upper Mississippi
Valley/Upper Great Lakes into the Central Plains and Central Rockies.

On Wednesday, moisture pooling along the boundary will create showers and
severe thunderstorms over parts of the Upper Mississippi Valley.
Therefore, the SPC has issued a Slight Risk (level 2/5) of severe
thunderstorms over parts of the Upper Mississippi Valley from Wednesday
through Thursday morning. The hazards associated with these thunderstorms
are frequent lightning, severe thunderstorm wind gusts, hail, and a few
tornadoes. Moreover, there will be an added threat of hail, two inches or
greater, over the region. Further, showers and thunderstorms will develop
from the Gulf Coast to the Southern High Plains on Wednesday.

Furthermore, upper-level ridging will build over California and the
Southwest on Tuesday, and a subtropical high will develop over
North-Central Mexico, prompting Excessive Heat Warnings and Advisories
over Northern/Central California and Southwest and Excessive Heat Watches
in western Texas. Residents and individuals involved in outdoor activities
must stay informed and take necessary precautions.

To get your local forecast plus active alerts and warnings click HERE and enter your city, state or zip code.

Learn about wave patterns HERE.

Then, looking at the world and of course, the U.S. shows here also. Today we are looking at precipitation.

Please click on “Read More” below to access the full Daily Report issued today.

10 Jun 2024 Market Close & Major Financial Headlines: Markets Generally Opened Lower, Then Continued To Trend Higher As The Session Progressed, Finally Closing Moderately In The Green

June 10, 2024Posted inmarketsNo Comments

Summary Of the Markets Today:

  • The Dow closed up 69 points or 0.18%,
  • Nasdaq closed up 0.35%,
  • S&P 500 closed up 0.26%,
  • Gold $2,328 up $2.60,
  • WTI crude oil settled at $78 up $2.36,
  • 10-year U.S. Treasury 4.469 up 0.041 points,
  • USD index $105.15 up $0.26,
  • Bitcoin $69,488 down $150 or 0.22%,

*Stock data, cryptocurrency, and commodity prices at the market closing.

Click here to read our current Economic Forecast – June 2024 Economic Forecast: Our Index Marginally Weakened And There Is Another Indicator Warning Of A Recession

Today’s Economic Releases Compiled by Steven Hansen, Publisher:

The ADP Research Institute survey asked nearly 35,000 private-sector workers in 18 countries what role they think AI will play in their work over the next few years. A large majority of workers worldwide say artificial intelligence will affect their jobs in the coming years. Honestly, I think that AI will replace many jobs in the near future – except for jobs in the construction, transportation, health, maintenance/repair, and mining industries. And the near future begins now and includes the next two or three years. Tell me this will not radically change the consumer driven economy.

Here are some of headlines we are reading today:

Click on the “Read More” below to access these, other headlines, and the associated news summaries moving the markets today.

Today Through the Fourth Friday (22 to 28 days) Weather Outlook for the U.S. and a Six-Day Forecast for the World: posted June 10, 2024

June 10, 2024Posted inweatherNo Comments

This article focuses on what we are paying attention to in the next 48 to 72 hours. The article also includes weather maps for longer-term U.S. outlooks and a six-day World weather outlook which can be very useful for travelers.

First the NWS Short Range Forecast. The afternoon NWS text update can be found here after about 4 p.m. New York time but it is unlikely to have changed very much from the morning update. The images in this article automatically update.

Short Range Forecast Discussion
NWS Weather Prediction Center College Park MD
Mon Jun 10 2024
Valid 12Z Mon Jun 10 2024 – 12Z Wed Jun 12 2024

…There is a Slight Risk of severe thunderstorms over parts of the
Northern/Central High Plains and Southeast on Monday…

…There is a Slight Risk of excessive rainfall over parts of the southern
tip of Florida on Tuesday…

…There are Excessive Heat Warnings/Watches and Heat Advisories over
Northern/Central California and Southwest on Tuesday…

A front over the Northern Rockies to the Great Basin will move eastward to
the Upper Great Lakes/Upper Mississippi Valley by Wednesday afternoon. As
moisture streams northward into the Northern Rockies/Northern Plains, the
boundary will produce showers and severe thunderstorms over parts of
western South Dakota, northwestern Nebraska, eastern Wyoming, and extreme
eastern Montana. Therefore, the SPC has issued a Slight Risk (level 2/5)
of severe thunderstorms over parts of the Northern/Central High Plains
through Tuesday morning. The hazards associated with these thunderstorms
are frequent lightning, severe thunderstorm wind gusts, hail, and a few
tornadoes.

Further, a front extending from the Southeast to the Southern Plains will
trigger showers and severe thunderstorms over parts of southeastern
Georgia and southern South Carolina. Therefore, the SPC has issued a
Slight Risk (level 2/5) of severe thunderstorms over parts of the
Southeast through Tuesday morning. The hazards associated with these
thunderstorms are frequent lightning, severe thunderstorm wind gusts,
hail, and a few tornadoes. Showers and thunderstorms will also develop
over parts of the Central/Southern Rockies and Southern Plains on Monday.
In addition, upper-level energy over the Great Lakes/Northeast will help
produce rain and showers/thunderstorms over parts of the Lower Great
Lakes, Northeast, Central Appalachians, and northern Mid-Atlantic through
Monday night.

On Tuesday, showers and thunderstorms will develop over parts of the
Upper/Middle Mississippi Valley/Upper Great Lakes, Central/Southern
Rockies, and Central/Southern Plains.

Furthermore, the combination of tropical moisture and upper-level impulses
will aid in producing showers and thunderstorms with heavy rain over parts
of southern Florida. This weather pattern has led the WPC to issue a
Slight Risk (level 2/4) of excessive rainfall from Tuesday through
Wednesday morning. The associated heavy rain will create mainly localized
areas of flash flooding, with urban areas, roads, small streams, and
low-lying areas the most vulnerable.

Elsewhere, a front over the Eastern Pacific will move onshore over the
Pacific Northwest and advance eastward to the Northern Plains to the Great
Basin by Wednesday. The system will produce rain over parts of the
Northwest and scattered showers and thunderstorms over parts of the
Northern High Plains on Wednesday. Furthermore, upper-level ridging will
build over California and the Southwest on Tuesday prompting Excessive
Heat Warnings/Watches and Heat Advisories over Northern/Central California
and Southwest. It’s crucial for residents and individuals involved in
outdoor activities to stay informed and take necessary precautions.

To get your local forecast plus active alerts and warnings click HERE and enter your city, state or zip code.

Learn about wave patterns HERE.

Then, looking at the world and of course, the U.S. shows here also. Today we are looking at precipitation.

Please click on “Read More” below to access the full Daily Report issued today.

Today Through the Fourth Friday (22 to 28 days) Weather Outlook for the U.S. and a Six-Day Forecast for the World: posted June 9, 2024

June 9, 2024Posted inweatherNo Comments

This article focuses on what we are paying attention to in the next 48 to 72 hours. The article also includes weather maps for longer-term U.S. outlooks and a six-day World weather outlook which can be very useful for travelers.

First the NWS Short Range Forecast. The afternoon NWS text update can be found here after about 4 p.m. New York time but it is unlikely to have changed very much from the morning update. The images in this article automatically update.

Short Range Forecast Discussion
NWS Weather Prediction Center College Park MD
Sun Jun 09 2024
Valid 12Z Sun Jun 09 2024 – 12Z Tue Jun 11 2024

…There is a Moderate Risk of excessive rainfall over parts of the Middle
Mississippi Valley on Sunday…

…There is a Slight Risk of severe thunderstorms over parts of the
Northern/Central High Plains on Monday…

…There are Heat Advisories over parts of western Texas…

A front extending from the Mid-Atlantic southwestward to the Tennessee
Valley and then westward to the Central Rockies will move eastward to off
most of the Eastern Seaboard by Monday evening. Moisture pooling along the
boundary will aid in creating showers and thunderstorms with heavy rain
over southern Missouri. Therefore, the WPC has issued a Moderate Risk
(level 3/4) of excessive rainfall over parts of the Middle Mississippi
Valley through Monday morning. The associated heavy rain will create
numerous areas of flash flooding. Furthermore, many streams may flood,
potentially affecting larger rivers.

Moreover, showers and strong to severe thunderstorms will develop along
the front from the Southeast to the Northern Intermountain Region.
Therefore, the SPC has issued a Marginal Risk (level 1/5) of severe
thunderstorms over parts of the Southeast, Tennessee Valley, lower
Mississippi Valley, Southern Plains, Central Rockies, and the Northern
Intermountain Region through Monday morning. The hazards associated with
these thunderstorms are frequent lightning, severe thunderstorm wind
gusts, hail, and a minimal threat of tornadoes.

Meanwhile, a front over the Eastern Pacific will move inland to the
Pacific Northwest/Central California by early Sunday afternoon. On Sunday,
the boundary will produce showers and thunderstorms over parts of the
Pacific Northwest and Northern Intermountain Region. The front will
continue to move eastward to the Northern Plains by Monday. The front will
trigger showers and severe thunderstorms over parts of western South
Dakota, northwestern Nebraska, and extreme eastern Montana/Wyoming.
Therefore, the SPC has issued a Slight Risk (level 2/5) of severe
thunderstorms over parts of the Northern/Central High Plains from Monday
through Tuesday morning. The hazards associated with these thunderstorms
are frequent lightning, severe thunderstorm wind gusts, hail, and a few
tornadoes.

Further, the showers and thunderstorms will also cause heavy rain to
develop over parts of the Northern Plains/Upper Mississippi Valley.
Therefore, the WPC has issued a Marginal Risk (level 1/4) of excessive
rainfall over parts of the Northern Plains/Upper Mississippi Valley from
Monday through Tuesday morning. In addition, the associated heavy rain
will create localized areas of flash flooding, affecting areas that
experience rapid runoff with heavy rain.

Furthermore, along the front over the Southern High Plains, showers and
thunderstorms will cause heavy rain to develop over parts of the region.
Therefore, the WPC has issued a Marginal Risk (level 1/4) of excessive
rainfall over parts of the Southern High Plains from Monday through
Tuesday morning. In addition, the associated heavy rain will create
localized areas of flash flooding, affecting areas that experience rapid
runoff with heavy rain.

Elsewhere, tropical moisture and upper-level impulses will aid in
producing showers and thunderstorms with heavy rain over parts of southern
Florida. Therefore, the WPC has issued a Marginal Risk (level 1/4) of
excessive rainfall over parts of southern Florida from Monday through
Tuesday morning. In addition, the associated heavy rain will create
localized areas of flash flooding, affecting areas that experience rapid
runoff with heavy rain.

Moreover, upper-level energy over the Great Lakes/Northeast will help
produce rain over parts of the Great Lakes and the Northeast through
Monday night. Furthermore, upper-level ridging over Texas helps spawn Heat
Advisories over parts of western Texas.

To get your local forecast plus active alerts and warnings click HERE and enter your city, state or zip code.

Learn about wave patterns HERE.

Then, looking at the world and of course, the U.S. shows here also. Today we are looking at precipitation.

Please click on “Read More” below to access the full Daily Report issued today.