Things you need to know: Oil rallies 10% as Trump works the phone lines to bring everyone to the table Stocks “bounce” off of yesterday’s sell off Trump considers banning interstate travel between “hot zones” Economic data today is being widely watched as we brace for tomorrow’s NFP report Try the Orrechiette with Sweet Sausage and Peas KENNY POLCARI, Editor …
For The History Books
Things you need to know: It’s a new quarter – global markets begin re-pricing once again Earnings season is only 2 weeks away – analysts continue to slash estimates Global macro data begins to show stress – Algos go into sell mode US futures plunge as the new quarter begins Try the Spring Minestrone KENNY POLCARI, Editor Chief Market Strategist, …
Stocks Rallied Again on Monday
Things you need to know: It’s Window Dressing time! – End of Quarter Trump gets Putin to sit at the energy table – Oil rallies China reports Expansionary PMIs? (Suspect) US data begins to show collapse – Retailers furlough workers Try the Veal Rollatini KENNY POLCARI, Editor Chief Market Strategist, and Consultant Circuit breaker limits today Level 1 – …
Bear Market Trap!
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 …
