Things you need to know: Joey’s wins cause a visceral reaction in the markets. Bloomberg bows out and pledges millions to help the democrats Dow surges by 1200 pts – Algos do it again, but yesterday felt good! Try the Pacific Halibut KENNY POLCARI, Editor, Chief Market Strategist and Consultant Does it get any better than this? Joe Biden takes …
G-7 stays put
Things you need to know: Joey is alive and kicking butt all over the country – it is now a two horse race US futures rise as a Biden candidacy becomes more realistic – Bye bye Lizzy… The FED says that recent rout had ‘nothing to do with emergency rate cut’ (hahahahaha) Loretta (Mester) telling CNBC that this is a …
Stocks soar!
Things you need to know: Algos go wild – sending the Dow soaring – Apple up 9%! Expectation is for coordinated central bank action – G7 meeting NOW. Energy, Tech, Healthcare, Industrials all lead the way higher Democrats rally behind Joey to push Bernie out. Today is Super Tuesday… Try the Rigatoni with Mustard Cream KENNY POLCARI, Editor, Chief Market …
“Irrational Behavior”
Things you need to know: Stocks continued to suffer real IRRATIONALITY – as the sell off intensified Calls for the FED to issue an EMERGENCY statement even more IRRATIONAL COVID19 – makes its way from Seattle, WA to Providence RI NYC, FL and RI get hit with ‘first cases’ – contingency plans taking place to control the spread Try the …
“Everyone needs to take a deep breath”
Things you need to know: The rout continues – but put in discounted buy orders so that you are prepared It is approaching ‘panic driven’ selling and that creates long term opportunity Global markets all in correction mode New Zealand is now the next country to get hit Trading action suggests that the US is not prepared – no matter …
“Investors Remain Confused”
Things you need to know: Coronavirus is now everywhere BUT Antarctica Trump Vows to fight it- put Pence in charge Is the market under pressure because of the virus or because of Sanders? Stay the course – resist the urge to bail – look for dislocated well run companies Try the Pork Pizzaiola KENNY POLCARI, Editor, Chief Market Strategist and …
“US Stock Got Smashed Again”
Things you need to know: Another day of pain for stocks while bond holders celebrate Markets break down – slicing through KEY technical levels – adding fuel to the fire CDC warns of disruptions across the US – WHEN it hits us 10 year Treasuries break 1.3% – sending prices surging and rumors flying Try the Giambotta (throw everything in!) …
BANG! POW! BOOM! Markets got crushed
Things you need to know: Markets calm down a little – yet Europe still under pressure US futures attempting to rally (albeit very small) Cases continue to accelerate in Italy, Iran & South Korea Investors should remain calm and go shopping where they find VALUE Try the Italian Style Pork Chops KENNY POLCARI, Editor, Chief Market Strategist and Consultant Who …
“FRIDAY’S MARKETS REMAINED WEAK”
Things you need to know: Markets took a second look (Friday) and are looking even harder this morning. COVID19 moves into Italy – Sending stocks plunging New cases now appearing in Iran as well. European markets fall by 3+%, US stocks ready to follow suit – Gold & Treasuries Surge Try the Roman Style Roasted Chicken KENNY POLCARI, Editor, Chief …
Yesterday I brought up the whole Irrational Exuberance conversation….
Things you need to know: Irrational Exuberance? Markets suddenly take a second look? FED Vice Chair Clarida makes it clear: There is NO guarantee of a CUT in June Algos and day traders throw a fit. Dow plunges, falling 1% as the algos test the will of the markets Suddenly, everyone is concerned about COVID19 (of course they are) Try …
