What Would Charlie Say?/Try the Porcini Rub

Kenny PolcariUncategorized

Things you need to know: It’s a quiet week – so sit back and enjoy US/China come to the table – Markets approve RNC convention enters 2nd night – Lobsterman, Dairy Farmers and Melania take the stage What would Charles Dow Say about his index now? Oil breaks OUT – piercing resistance at $43.25 Gold awaits more trade discussions along …

Is the Worst Behind Us?/Try the Balsamic Chicken

Kenny PolcariUncategorized

Things you need to know: S&P pierces 3400 taking us into a new century mark Virus treatment and vaccine news push global markets higher US/China play nice and discuss implementation of Phase 1 RNC convention begins… need I say more? Oil surges as demand is alive and well, but rigs close for Marco & Laura Gold trying to fill the …

Did the FED Really Disappoint?/Try the Pan Roasted Sea Bass

Kenny PolcariUncategorized

Things you need to know: Did the FED throw water on the rally or are the algo’s just stamping their feet? The S&P rallied and failed – is 3,400 the new brick wall for now? DNC makes history as Kamala accepts nomination – more Trump shaming Expect the same from the RNC next week – just sayin’… Politics is an …

The S&P Closes on a New High – Now What?/Try the Linguine

Kenny PolcariUncategorized

Things you need to know: S&P finally does it… Now what? Nasdaq continues make new highs as well as money returns to growth DC – still in a state of chaos Dems formally nominate Biden – Jill makes her case European markets are higher and US futures pointing up Try the Linguine with Sausage, Fennel and Breadcrumbs OK – so …

The Roof is Getting Blown off the House/Try the Perciatelli

Kenny PolcariUncategorized

Things you need to know: Appears that everyone is “blowing the roof off the house” HD and WMT add to the excitement as the S&P appears to pierce 3400 The DNC launches their virtual convention – Michelle makes the case Warren buys Barrick Gold and sends gold bugs into a frenzy Try the Perciatelli in a Lemon/Butter sauce… MMM So …

News Flash – It’s called managing risk…/Try the Scallops

Kenny PolcariUncategorized

  Things you need to know: Retail earnings due out this week – These names are at all-time highs – caveat emptor Barron’s rings the bell on valuation… don’t panic – read on Value names become more important Treasury yields up, Gold and oil find stability Expect the conventions to dominate the chatter for the next two weeks Try the …

Chaos in DC and the Senate Goes on Vacation?

Kenny PolcariUncategorized

Things you need to know: S&P did it again – Tried and Failed Chaos in DC rages on and the Senate goes on vacation? UK imposes travel restrictions on France US cases in decline but so is testing Oil under pressure as the Int’l Energy Agency re-iterates lower demand in 2021 Try the Mahi Mahi Stocks meandered most of the …

Maybe it was a Kamala Rally? Try the Ratatouille

Kenny PolcariUncategorized

Things you need to know: Maybe it was a Kamala Rally? S&P tests the high and fails Nasdaq and tech return with a vengeance OPEC going negative on the outlook – but oil holds steady Try the Ratatouille The S&P once again flirted with the all-time highs yesterday after it came under late day pressure on Tuesday… Questions about what …

A Kamala Selloff?/Stuffed Chicken Cutlets

Kenny PolcariUncategorized

Things you need to know: What caused the reversal yesterday? Biden does it and picks Kamala – Party to start today at noon European markets are up/US futures are up too! API reports drop in oil inventories – so demand is good, oil is up S&P to attempt another push up and through (not today) Try the Stuffed Chicken Cutlets …