Things you need to know It was all about what Bobby Mueller had to say Stocks break down – pierce support and then attempt to rally Dow & Russell remain below supports while The S&P/Nasdaq barely hold on European mkts find support at trendlines and lead today’s [...]
Things you should know China remains defiant Trump tells us that the US is not ready to sign any deal with China Trump visits Japan and talks trade European Elections show wins for Pro-EU parties – but the pressure is rising Stocks ended the day on a plus note [...]
Things you need to know US grants temporary relief for Huawei – mkts surge No eco data to drive the conversation Tomorrow brings us the May 1st FOMC mins Crash, Bang, Boom – stocks got punished yesterday (although they did finish off their lows) as the fight rages on…The [...]
Here is today’s appearance on CNBC World Wide Exchange with Brian Sullivan https://www.cnbc.com/video/2019/05/20/polcari-the-market-is-going-to-be-in-a-range-until-theres-clarity-on-trade.html ___________________________________________________ Things you need to know. - US companies pull contracts with Huawei- China not happy – trade talks stalled- Trump warns Iran and expects them to play nice in the sandbox- Mkts likely to test support this week. So stocks had [...]
Things you need to know The tone changes again overnight – China ramps it up Mkts end weaker going into the weekend US futures under pressure even as Trump delays tariffs on European Autos Try the Chicken… Mkts surged yesterday – as the algo’s took it all [...]
Things you need to know - - China is prepared to fight - Trump declares a national emergency threat against US Technology - Mkts yawn - Asia mixed, Europe slightly lower and US Futs slightly higher Stocks cautiously advanced for a second day - even in the face of some weaker macro data (retail sales [...]
Here is my appearance on CNBC World Wide Exchange today: https://www.cnbc.com/video/2019/05/14/polcari-until-you-get-clarity-on-trade-the-market-will-be-driven-by-headlines.html Things you need to know Xi Xi -strikes back – hits farmers, Energy suppliers, Industrials and the Treasury Mkts buckle under the weight – The Dow pierces both its 100 and 200 dma but manages to hold on Nasdaq and [...]
Things you need to know Trade tension remains elevated Asian mkts follow suit and end lower European mkts trying to hold on Watch trendline support on the S&P – a failure here could set the algo’s ablaze What a difference a day makes….24 little hours – except [...]
Things you need to know It’s all about trade US stocks followed the pattern that had been seen round the world yesterday…..with the exception of China which lost nearly 6% on Monday – the rest of the developed mkts around the world were off just around 2% - plus or minus a bit as investors [...]
Things you need to know. Donny (using Twitter) threatens to raise existing tariffs of 10% to 25% on Friday if the Chinese don’t negotiate in good faith And then threatens to add 25% tariffs on an add’l $325 bil worth of goods Asian/European mkts come under fire – China loses 6%, Euro mkts [...]