Things you need to know: Global markets under pressure as the week begins Oil – falls another 7% as the Saudis and the Russians continue to fight NY is now the epicenter but the virus is in all 50 states Abbot labs unveils a 5 min Corona Test – available April 1st. Stock up $10 in Pre-market trading Try the …
Unbelievable!
Things you need to know: House to vote on rescue package today Markets taking a breather after a stunning 20% move higher in 4 days Eco data was worse than expected – but investors overlooked it BoJo the latest leader to get diagnosed with Rona – he remains in control Try the Grand Marnier Shrimp KENNY POLCARI, Editor Chief Market …
CONFUSION!
Things you need to know: Senate passes a package and sends back to the House Markets and Investors brace for Initial Jobless Claims today US futures and global markets take a breather Try the Pan Roasted Chicken KENNY POLCARI, Editor Chief Market Strategist, and Consultant Circuit breaker limits today Level 1 – S&P must fall 7% – 173.29 pts …
The Algorithms Went All In
Things you need to know: Congress comes to a “handshake agreement” – (so this is not a done deal yet) US futures surge then fail… Italian cases continue to flatten out NY is the epicenter in the US – and why is that a surprise at all? Try the Cauliflower Risotto KENNY POLCARI, Editor Chief Market Strategist, and Consultant …
Hoping for a Plan
Things you need to know: Futures surge on hopes of a plan – trading limit UP Germany prepares to announce its own stimulus plan to save their economy UK prepares for Rona – orders a lockdown for the next 3 weeks. Italian infections and deaths appear to be slowing Try the Halibut KENNY POLCARI, Editor Chief Market Strategist, and Consultant …
Nowhere to Run, Nowhere to Hide
March 23, 2020 Things you need to know: DC fails to pass massive stimulus package – sending global stocks lower FED announces a new bold unlimited asset purchase plan – Futures surge higher NYSE to go completely electronic today – the iconic floor goes dark NY, CA and IL go into lockdown mode – who is next? Try the Limoncello. …
Selling Exhaustion
Things you need to know: Markets in rally mode around the world Oil continuing to surge as central banks continue to stimulate the global economy The UK braces for coronavirus as NYC and CA impose “shelter in place” strategies. Try the Veal Cacciatore KENNY POLCARI, Editor Chief Market Strategist, and Consultant Circuit breaker limits today Level 1 – S&P must …
Stocks CRASHED again yesterday
Stocks CRASHED again yesterday Things you need to know: Famed successful Hedge fund manager Bill Miller makes sense of all this While hedge fund manager Bill Ackman loses his (…) on air. Coronavirus infections double in the US to 8000 – expect 200,000 ECB launches an $800 billion bond buying pandemic program Try the Buccatini KENNY POLCARI, Editor Chief Market …
Stocks SOARED Yesterday
March 18, 2020 Things you need to know: WH announces a TRILLION $ Stimulus Plan – markets surge Overnight Asian and European investors not impressed – US Futures plummet Gold & Treasuries under pressure as well as CASH IS KING South Korean Virologist predicted this disaster on January 20th Try the Arctic Char KENNY POLCARI, Editor Chief Market Strategist, and …
Global Markets Collapse as the Virus Spreads
March 16, 2020 Things you need to know: Global markets collapse as the virus spreads Oil under pressure as the Saudis ramp up production Jay Powell – suggests that both 1st and 2nd quarter growth will be negative. Remember – people sell what they can in times of panic and stocks are easy to sell Try the Sweet Sausage Risotto …
