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 …
Mkts Thrash Around; Reddit Traders Focus on Silver – Try the Pan Roasted Chicken
Things you need to know. Stocks got whacked on Friday but futures this morning point to gains today. Drama around RH and the Short Squeeze should not derail the plans of the long-term investor. Silver is the new target of reddit traders – SLV up 8% this morning. Gold up in sympathy! Another big earnings week – Thursday is the …
Will the Bottom Fall Out? – Try the French Onion Tart
Things you need to know: Markets continue to gyrate as it digests a range of information Eco data and Earnings continue to show improvement Novavax reports 89.3% efficacy in the newest strain – stock up 30% Does the drama in GME and others change the long-term investment story – Hell NO! RH though is under pressure and was forced to …
A Dangerous Narrative – Try the Spaghetti
Things you need to know: Markets declined by ~2.5% – nothing to get all worked up about A healthy retreat is normal – in fact expect another possible 5% – 7% RobinHood CEO tells us that there is no need for professional advisors to assist the retail investor… a dangerous narrative. And the Reddit traders don’t care if it ‘make …
