Stocks SOARED Yesterday

Circuit breaker limits today Level 1 – S&P must fall 7% – 177.04 pts Level 2 – S&P must fall 13% – 328.79 pts Level 3 – S&P must fall 20% –505.84 pts. Stocks SOARED yesterday (go figure) after the massive beating they took on Monday. Futures all over the place in the morning suggested [...]

By |2020-03-18T11:03:10-04:00March 18th, 2020|Morning Thoughts by Kenny Polcari|

Stocks Got Hammered

Circuit breaker limits today Level 1 – S&P must fall 7% – 189.77 pts Level 2 – S&P must fall 13% – 352.43 pts Level 3 – S&P must fall 20% –542.20 pts. Stocks get hammered – falling almost twice the amount of our European counterparts. The Dow losing 3000 pts or 13%! The S&P [...]

By |2020-03-17T11:03:08-04:00March 17th, 2020|Morning Thoughts by Kenny Polcari|

“And the Beating Continues.”

Circuit breaker limits today Level 1 – S&P must fall 7% – 173.64 pts Level 2 – S&P must fall 13% – 322.48 pts Level 3 – S&P must fall 20% –496.13 pts. And the beating continues. Stocks got absolutely smashed as the Dow, S&P, Nasdaq and Russell careened out of control, triggering for the [...]

By |2020-03-13T11:03:11-04:00March 13th, 2020|Morning Thoughts by Kenny Polcari|

So You Think This is Over?

Circuit breaker limits today Level 1 – S&P must fall 7% – 201.75 pts Level 2 – S&P must fall 13% – 374.69 pts Level 3 – S&P must fall 20% –576.45 pts. Stocks rallied hard in the morning rising 1000 pts, before giving it all back by 11:15 and then falling an additional 160 [...]

By |2020-03-11T11:03:45-04:00March 11th, 2020|Morning Thoughts by Kenny Polcari|

It’s a WAR Out There!

Circuit breaker limits today Level 1 – S&P - 192 pts Level 2 – S&P – 357 pts Level 3 – S&P – 549 pts. It’s a WAR out there! Global stocks come under attack. Oil collapses – falling nearly 25%, as the Saudis slash oil prices and ramp up production as they punish Russia [...]

By |2020-03-10T11:08:28-04:00March 10th, 2020|Morning Thoughts by Kenny Polcari|

Global markets are in meltdown mode!

By popular demand – I am bringing back the MWCB (Market Wide Circuit Breakers) The S&P closed at 2972.37 – So today’s circuit breakers are: (See explanation below)Level 1.  208.07 pts (7%) or 2,764.30Level 2.  386.41 pts (13%) or 2,585.96Level 3.  594.47 (20%) or 2,377.90 Market-Wide Circuit Breakers – (MWCB) Market-wide circuit breakers are important, [...]

By |2020-03-09T11:04:37-04:00March 9th, 2020|Morning Thoughts by Kenny Polcari|

The “Two Viruses” Spread

Wait! What happened now? What happened to the Biden Bump? Even the suspension of Lizzy Warren’s campaign did little to stop the bleeding. Stocks – it seems – are spinning out of control as the virus sweeps across the globe leaving governments and medical professionals at a loss over what’s next. Daily news reports of [...]

By |2020-03-06T10:07:20-05:00March 6th, 2020|Morning Thoughts by Kenny Polcari|
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