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, …
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 …
It’s a WAR Out There!
Things you need to know: Global markets attempting to rally (a little) Investors go bargain hunting across all sectors Russia stands pat saying that $30 oil is fine with them (Laughable) We all want some comfort – try the potato and eggs! KENNY POLCARI, Editor, Chief Market Strategist and Consultant Circuit breaker limits today Level 1 – S&P – 192 …
Global markets are in meltdown mode!
Things you need to know: Oil crashes – as the Saudi’s look to punish Putin – lows of the day $28/barrel Stock futures trade “limit down” – suggesting that US circuit breakers could be triggered The Safety Trade has a new definition as 10-year yields plunge Is the FED ready for another emergency cut? (Useless) Try the Spaghetti Fini with …
The “Two Viruses” Spread
Things you need to know: Markets continue to get hit by the two viruses – COVID19 and FED Policy As stocks fall, US Treasuries surge – sending yields to 0.795% this morning Russia says NO to production cuts – oil declines by 5% – WTI breaks $44/barrel Halts in trading happen when the S&P falls 7% — that would be …