Things you need to know: Banks allocate more than $25 billion to cover expected loan losses Key economic reports today – Expect 5 million more people to file Virus cases slowing in Europe and appear to be slowing in the US Stocks attempting to focus on the positives – more bank earnings due out this morning Try the Pork Loin …
Stocks Surged Yesterday
Things you need to know: More bank earnings hit the tape The Saudi’s launch another price war – Oil plunges The IMF cuts global growth to -3% from January’s forecast of +3.3% Goldman does it again. Buy, Sell, Buy then Sell again – all in 4 days US futures off 2% as the sun rises over the East coast Try …
The Beauty Pageant Begins
Things you need to know: Earnings kick off – JNJ kills it while JPM gets killed! Both stocks moving higher in early trading Europe begins to re-open – Italy and Spain taking it slow, while Germany comes up with a plan The US is starting to talk about re-opening as well – Cases declining Futures surging Try the Grilled Lobster …
The Fed Did It Again!
Things you need to know: OPEC+ and Russia strike a deal Oil rallies then backs off Stocks in Risk Off mode today as major markets around the world are closed for Easter Monday Earnings start in earnest tomorrow with JPM kicking it off. Try the Farfalle KENNY POLCARI, Editor Chief Market Strategist, and Consultant Circuit breaker limits today Level …
Stocks Surged Out of the Gate
Things you need to know: Bernie Sanders drops out – markets surge (yesterday) Energy, Tech, and Healthcare leading the charge US futures lower this morning ahead of economic data The virus supposedly peaking on the East Coast OPEC and the Russians to “ZOOM” at 10 am EST – Oil up 6% Try the Leg of Lamb KENNY POLCARI, Editor Chief …
Stocks Have Gotten Ahead of Themselves
Things you need to know: Buy algos appear a bit exhausted – as markets retreat Germany reports a “jump in cases” BoJo remains in ICU US oil production falls – Now isn’t that a surprise! Eco 101! Try the Grilled Shrimp KENNY POLCARI, Editor Chief Market Strategist, and Consultant Circuit breaker limits today Level 1 – S&P must fall …
Headlines Scream Progress
Things you need to know: Markets surged and are surging again While the models suggest it isn’t over – it is improving BoJo is in the ICU unit – Raab takes the reigns Oil expecting a deal on Thursday while Gold surges up and thru $1700 Try the Pork Cutlet Cappricioso KENNY POLCARI, Editor Chief Market Strategist, and Consultant Circuit …
Stocks Skidded Lower on Friday
Things you need to know: Oil falls then rallies as the Saudis and Russians come “close to a deal” Global markets in RISK ON mode – as virus cases and deaths fall in Europe This is a KEY week for the US – What will we see? Gold rallies $16 – Do gold traders know something we don’t? Try the …
Oil Explodes Higher
Things you need to know: Oil rallies 25% as Trump works the phone lines to bring everyone to the table Stocks managed to eke out gains on the back of oil Today brings the latest NFP report – but don’t expect it to reveal the truth (yet) Eurozone PMI’s collapse Try the Mushroom/Asparagus Risotto KENNY POLCARI, Editor Chief Market Strategist, …
Crash! Bang! Boom!
Things you need to know: Oil rallies 10% as Trump works the phone lines to bring everyone to the table Stocks “bounce” off of yesterday’s sell off Trump considers banning interstate travel between “hot zones” Economic data today is being widely watched as we brace for tomorrow’s NFP report Try the Orrechiette with Sweet Sausage and Peas KENNY POLCARI, Editor …
