Things you need to know. Things are calming down – as expected. Teachable moment – What the reddit rebellion means for long term investors (A: Nothing) Lots of questions will be asked and will be answered – stick to the plan. Oil surges up and thru $56! OPEC re-it is their commitment to force prices higher. Try the Potato Leek …
First Quarter 2021 “Navigating a Path Forward” Live Event Replay
First Quarter 2021 “Navigating a Path Forward” Live Event Replay Host: Sherri Daniels, Co-Founder, Co-CEO, Managing Partner – SlateStone Wealth, LLC Moderator: Kenny Polcari, Chief Market Strategist, Consultant – SlateStone Wealth, LLC Guest Speaker: Liz Ann Sonders, Chief Investment Strategist – Charles Schwab & Co., Inc.
Stocks UP. Rebellion Stocks DOWN & Mark Chimes in – Try the Rigatoni
Things you need to know. Markets UP, Rebellion stocks DOWN….and Bezos is OUT! (his choice) AMZN and GOOG blow the house right off the foundation! Oil kisses and pierces $55/barrel…Goldy re-its $65/barrel by summer 2021 Mark Cuban opines on GME, I push back…. Waiting for his call….. Try the Rigatoni. BOOM!..And it was an explosion yesterday! Both UP and DOWN …
The Reddit Trade Begins to Fade; Mkts Surge and Oil Kisses $55 – Try the Chicken Fricassee
Things you need to know. Stocks surge yesterday and continue to push higher in the pre-mkt. Earnings from AMZN and GOOG due out after the bell…both names quoted up in the pre-mkt. A little history lesson – because this is a teachable moment. RH raises even more money from investors (not the gov’t) to support its financial position in a …
Mkts Thrash Around; Reddit Traders Focus on Silver – Try the Pan Roasted Chicken
Things you need to know. Stocks got whacked on Friday but futures this morning point to gains today. Drama around RH and the Short Squeeze should not derail the plans of the long-term investor. Silver is the new target of reddit traders – SLV up 8% this morning. Gold up in sympathy! Another big earnings week – Thursday is the …
Will the Bottom Fall Out? – Try the French Onion Tart
Things you need to know: Markets continue to gyrate as it digests a range of information Eco data and Earnings continue to show improvement Novavax reports 89.3% efficacy in the newest strain – stock up 30% Does the drama in GME and others change the long-term investment story – Hell NO! RH though is under pressure and was forced to …
A Dangerous Narrative – Try the Spaghetti
Things you need to know: Markets declined by ~2.5% – nothing to get all worked up about A healthy retreat is normal – in fact expect another possible 5% – 7% RobinHood CEO tells us that there is no need for professional advisors to assist the retail investor… a dangerous narrative. And the Reddit traders don’t care if it ‘make …
MSFT Blows the Wheels Off the Bus – Try the Shepherd’s Pie
Things you need to know: Market continues to churn and MSFT blows the wheels off the bus – stock up 3% FB, AAPL and TSLA today… Hold onto your boots GME! Plunging – after Melvin Cap closes out position Reddit censoring that news to try and stop the bleed! FOMC reports at 2 pm – no change expected Try the …
It Was All a Game GME! – Try the Beef Ragu
Things you need to know: Reddit traders take the stage to sing – “Do you hear the people sing, singing the songs of angry men….” as they storm the hill on GME shorts! Investors get ready for a big week of earnings – Tech in focus Today – 80% of the reports so far this morning have beaten their estimates …
A Big Week for Earnings – Try the Shrimp Scampi
Things you need to know: It’s big week for earnings… Tech in focus Biden relief plan ‘not’ a shoe-in Biden signs executive order to ‘buy American’ Oil continues to churn in a tight range WFH trade continues to produce results as travel restrictions surge Try the Scampi Stocks struggled on Friday… momentum in the Dow and the S&P’s fading while …