Bad News is Good News

Things you need to know: JPM, C & WFC all report and allocate Billions to loan loss reserves GS, BK, BAC, MS still due to report Moderna announces ‘robust results’ from their vaccine trial – stock surges 16% Global markets focused on the vaccine today Oil – regains a $40 price tag as demand surges [...]

By |2020-07-15T11:04:48-04:00July 15th, 2020|Morning Thoughts by Kenny Polcari|

Stocks March Higher Despite Virus Concerns/Try the Grilled Pork Chops w/Sweet Vinegar Peppers

Things you need to know: Stocks march higher, virus cases march higher as well… It is earnings week – expectations call for a 45% drop in earnings – but it’s the bottom Tuesday starts the banks… but today we get PEP – and they BEAT! (Wow!) Try the Grilled Pork Chop w/Sweet Vinegar Peppers Stocks [...]

By |2020-07-13T11:08:40-04:00July 13th, 2020|Morning Thoughts by Kenny Polcari|

Biden Comes Out Swinging

And so it goes… It takes away again… More of the same headlines and then we got hit with not one but two new headlines… that sent the Dow careening… falling more than 540 pts from Wednesday’s evenings close. The first one: “Biden Offers ‘Build Back Better’ Plan to Revive the Economy” – it was [...]

By |2020-07-10T11:22:11-04:00July 10th, 2020|Morning Thoughts by Kenny Polcari|

Tech Takes the Lead

And here we go sports fans… the market  gives, it takes away and then it gives again… Stocks rallied on Wednesday even in light of weaker European markets, rising coronavirus cases, new lockdown demands across some of America’s biggest cities, concern over a return to normal and ahead of what is expected to be weak [...]

By |2020-07-09T11:06:07-04:00July 9th, 2020|Morning Thoughts by Kenny Polcari|
Go to Top