It’s all Calming Down as it Should – Try the Potato Leek Soup

Kenny PolcariUncategorized

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

Sherri DanielsUncategorized

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

Kenny PolcariUncategorized

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 …

Will the Bottom Fall Out? – Try the French Onion Tart

Kenny PolcariUncategorized

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

Kenny PolcariUncategorized

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

Kenny PolcariUncategorized

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

Kenny PolcariUncategorized

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

Kenny PolcariUncategorized

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 …