Things you need to know. The Churn continues – US futures are down this morning. BK jumps into the Bitcoin pool…. Who is next? JPM? GS? C? Fidelity? Schwab? BofA – Bull Bear Indicator – running ‘Hot’…. Are you taking your temperature? Pot Stocks retreat – after Wednesday’s surge – Was it a flash in the pan? No. Bitcoin – …
Pause, Accelerate, Powell Re-Its the Narrative; POT Stocks Surge – Try the Giambotta
Things you need to know. Pause, Accelerate, Pause, and then Accelerate again…. but it does feel tired… Powell promises to stay put…and reveals that unemployment is more like 10% Earnings and Stimulus keep a floor under investors. POT Stocks are ALL the rage today…. Reddit chats rooms in a frenzy Oil traders takes some profits – but demand is not …
The Push Resumes; Who’s Next on Bitcoin? – Try the Swordfish
Things you need to know. Markets pause yesterday and continue to climb today…US Futures are up! Focus on stimulus and relief – Earnings season almost over – but reports continue to impress. Commodities higher; dollar weaker…inverse relationship – multinationals will benefit too. Macro eco data due out at 8:30 am…. What will CPI reveal (I say benign). Bitcoin is not …
The MEME trade? Really? – Try the Stuffed Chicken
Things you need to know. Markets make new highs (again) – Excitement over the recovery play and more stimulus. Oil – blasts higher…WTI now teasing $60/barrel. Dollar weakens – supporting commodity complex and big multi-nationals. The MEME trade? This is ridiculous! Bitcoin surges toward $49,000 Try the Stuffed Chicken Breasts Spend, Spend, Spend……and it is exactly that that has the …
Everything is UP this morning (including inflation estimates) – Try the Carrot Souffle
Things you need to know. Global Mkts Up, Treasuries Up, Oil Up, Gold Up and Bitcoin UP – see the pattern? Biden pushes his $1.9 tril plan, Janet Yellen throws her support behind it. Larry Summers (blast from the past) warns of surging inflation – 30 yr treasuries agree. No Eco data today, and it is the last week of …
The Bull Marches on, GME Collapses – Try the Cuban Sandwich
Things you need to know: And the market marches on…readying to kiss another century – 3900! GME falls another 43% to end the day at $55.30…Hello? Today’s data is all about the Non-Farm Payroll Report Oil pierces $57 overnight – and we are off! Try the Cuban Sandwich…. And the Bull just refuses to quit……stocks advanced again yesterday as investors …
It’s all Calming Down as it Should – Try the Potato Leek Soup
Things you need to know. Things are calming down – as expected. Teachable moment – What the reddit rebellion means for long term investors (A: Nothing) Lots of questions will be asked and will be answered – stick to the plan. Oil surges up and thru $56! OPEC re-it is their commitment to force prices higher. Try the Potato Leek …
First Quarter 2021 “Navigating a Path Forward” Live Event Replay
First Quarter 2021 “Navigating a Path Forward” Live Event Replay Host: Sherri Daniels, Co-Founder, Co-CEO, Managing Partner – SlateStone Wealth, LLC Moderator: Kenny Polcari, Chief Market Strategist, Consultant – SlateStone Wealth, LLC Guest Speaker: Liz Ann Sonders, Chief Investment Strategist – Charles Schwab & Co., Inc.
Stocks UP. Rebellion Stocks DOWN & Mark Chimes in – Try the Rigatoni
Things you need to know. Markets UP, Rebellion stocks DOWN….and Bezos is OUT! (his choice) AMZN and GOOG blow the house right off the foundation! Oil kisses and pierces $55/barrel…Goldy re-its $65/barrel by summer 2021 Mark Cuban opines on GME, I push back…. Waiting for his call….. Try the Rigatoni. BOOM!..And it was an explosion yesterday! Both UP and DOWN …
The Reddit Trade Begins to Fade; Mkts Surge and Oil Kisses $55 – Try the Chicken Fricassee
Things you need to know. Stocks surge yesterday and continue to push higher in the pre-mkt. Earnings from AMZN and GOOG due out after the bell…both names quoted up in the pre-mkt. A little history lesson – because this is a teachable moment. RH raises even more money from investors (not the gov’t) to support its financial position in a …