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 …
Stocks Got Hammered
March 17, 2020 Futures go wild overnight- UP 1100 and then Down 500 REGN announces a possible breakthrough on the virus – Futures turn UP Europe remains the epicenter Lessons on ETFs and mathematical model algos Try the Grilled Rib-Eye w/Gorgonzola Cream Sauce KENNY POLCARI, Editor, Chief Market Strategist, and Consultant Level 1 – S&P must fall 7% – …
Global Markets Collapse as the Virus Spreads
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 KENNY POLCARI, Editor, …
COVID-19 Statement
March 12, 2020 Dear Clients and Friends, At SlateStone Wealth, the health and safety of our clients, employees, and business partners is a top priority as is providing a high-level continuation of our services in times of uncertainty. Amid the growing concerns over the spread of the novel coronavirus (COVID-19), we are taking additional steps to be extra vigilant. This …
Stocks Got Smashed on Wednesday
Things you need to know: Global Markets continue to sell off Trump doesn’t use the word ‘bailout’ but does ban travel from Europe Oil continues to fall – teasing $30/barrel Try the Minestrone KENNY POLCARI, Editor, Chief Market Strategist and Consultant Circuit breaker limits today Level 1 – S&P must fall 7% – 191.90 pts Level 2 – S&P must …
So You Think It’s Over?
Things you need to know: Donny proposes 0% payroll taxes through year end Joey Biden takes a solid lead in the Democratic party leaving Bernie in the dust Market rallied 1200 pts! BoE – makes an emergency rate cut of 50 bps while the ECB sounds the alarm Try the Sweet Corn Crème Brulee KENNY POLCARI, Editor, Chief Market Strategist …
