FB Misses BIG…Drags the broader mkt with it – Try the Pasta Nonna

Kenny PolcariUncategorized

Things you need to know  Stocks advanced on better earnings, all while ADP misses BIG FB – reports after the bell and gets clobbered – 21% – (the report was not good) The negative tone permeating markets this morning…TECH down big It is another big day for earnings…some 50 companies reporting…AMZN after the bell… Oil – takes a breather after …

PM’s scoop up Tech and SMID’s, FED Attempts to Soothe – Try the Pork Cutlets Wrapped in Prosciutto

Kenny PolcariUncategorized

Things you need to know  Portfolio managers went on a buying spree to dress up their windows for month end statements Substantially oversold names were the biggest beneficiaries Different FED members all attempt to soothe investor concerns – but did they succeed? Earnings continue to impress – UPS crushes it and GOOG after the bell Try the Pork Cutlets wrapped …

Stocks Fall, And Crypto’s wipe $147 billion of Value off the Table/Try the NE Clam Chowder

Kenny PolcariUncategorized

Things you need to know  And the rally fades…. stocks end on their lows…expect further weakness ahead. Financial and political headlines causing global investor angst FED losing control of the conversation is NOT helping the tone ahead of their FOMC meeting next week Global markets all lower – S&P now about to test its 200 dma….4427 is the level to …

Holy Smokes Batman, Nasdaq in Correction Territory/Try the Linguine Tri-Colore

Kenny PolcariUncategorized

Things you need to know  Holy Smokes Batman!  Nasdaq now in official correction territory Stocks continue to come under pressure as confusion reigns about coming FED policy Oil up on demand and geo-political pressure in Russia and the Mid-East 10 Yr. Treasuries now kissing 1.9% and going higher FOMC meets next Tues/Wednesday Try the Linguine Tri-Colore Smash, Bang, Crack, Ka-Boom, …

“Real Wage Inflation is Everywhere”/Try the Stuffed Chicken Breasts

Kenny PolcariUncategorized

Things you need to know  And the theme continues to play out – “There is real wage inflation everywhere in the economy” – Davey Solomon Crude oil hits a 7 yr. high on strong demand and rising geo-political concerns ATT and VZ temporarily halt 5G signals near airports as safety concerns build Billy Ackman is BACK on stage – this …