Things you need to know. Was there a change of heart? What felt ugly was pretty again or is that or is that ‘what is old is new again?’ Stocks which got slammed on Tuesday on the idea that JJ was going to remain hawkish, somehow found him to be dovish Wednesday and so the algo’s which were set to …
Tech Gets SPANKED! Ouch! JJ Goes to the Hill/Try the Zucchini Surprise
Things you need to know. – Super Tuesday for politics but not for Tech. – JJ Takes to the Hill. – Tech gets spanked, Will it get spanked again? – Is it China or is it something else? – OPEC extends cuts, oil up. – Try the Zucchini Surprise Super Tuesday? Was it? Stocks got slammed – the indexes down …
Don’t Ignore the Super Core PCE! / Try the Dover Sole Francese
Things you need to know – – PCE did WHAT? – Super Core did WHAT? – Traders BET that a June cut is alive and well. – Oil up, Gold up, Bond Prices up and Stock Prices up. – Try the Dover Sole Francese Que pasa? So, all that angst for what? For naught. PCE deflator was spot on……yes it …
2024 Investment Outlook and Policy Webinar
Well-known financial media commentator Kenny Polcari, SlateStone’s Chief Market Strategist and his special guest from Charles Schwab & Co, Chief Investment Strategist, Liz Ann Sonders, discuss the key issues driving financial market performance in 2024. Topics covered in this informative session include: Fed Monetary Policy. Are rate cuts On or Off the table? Inflation implications. Is a Soft Landing a …
The Parade of the FED Heads – Goolsbee, Bostic and Colllins. What will they say? Try the Chianti Risotto.
Things you need to know – – It was a quiet day – as expected. – Today brings 3 more FED heads – will they support the current narrative of patience? – Bonds down, Oil up on more OPEC speculation and then down on members possibly bailing. – Mortgage apps down (higher rates) – more eco data at 8:30. – …
“Not so Fast Boyz”. KC Fed President Chimes In/Try the Beef Tenderloins
Things you need to know – – Kansas City Fed President says, “Slow down Boyz.” – What will the others say? – PCE Deflator due out on Thursday…. Annualize the numbers. – The Magnificent 7 in the US and the Granolas in Europe. – Bonds prices down, Oil up, Gold continues to thrash around. – Try the Braised Beef Tenderloins. …
S&P Pierces 5100! NVDA and AI Continue to Power us Forward/Try the Creamy Chicken Piccata
Things you need to know. – S&P pierces 5100 only 17 days after piercing 5000. – AI and NVDA continue to show us the way. – Bonds rally, yields decline, – Oil retreats just a bit, while gold advances. – Futures this morning suggest consolidation. – Lots of FED speak this week – expect more confusion. – Try the Creamy …
NVDA’s Influence on Wall St/ Try the Linguine w/Spinach, Ricotta Pesto
Things you need to know. – Brace yourself…. It’s all about NVDA. – Remember all roads lead to Rome. – Stocks struggle to hold onto S&P 5000. – Brace yourself…it’s all about NVDA (or that’s what they want you to believe). – Try the Linguine with Spinach/Ricotta Pesto *** I have the honor and pleasure of hosting the Slatestone Wealth’s …
Rate Cuts Remain the Driver, S&P about to TEST the HIGHS Again – Try the Alaskan Black Cod
Things you need to know. – Weak Eco data suggests rate cuts are not dead. – Jan PPI is today’s KEY data point. – Will the Algo’s overreact yet again? – Oil and gold churn in line. – Don’t forget – it’s a long weekend. – Try the Alaskan Black Cod Eco data was weak, – and that suggests that …
Wait? That’s it? Stocks Rallied, Austan hints that the Rate Cut Narrative is ALIVE – Try the Halibut
Things you need to know. – Wait, that’s it? The pullback is over. – Buy the dippers come to the rescue – Tech and SMIDS benefit. – Oil slightly weaker on ‘demand’ concerns (Yawn) – Gold is trying to stabilize. – Goolsbee leaves the door open on rate cuts, Waller more suspect. – What will the ECB and other FED …
