Things you need to know. The Churn continues – US futures are down this morning. BK jumps into the Bitcoin pool…. Who is next? JPM? GS? C? Fidelity? Schwab? BofA – Bull Bear Indicator – running ‘Hot’…. Are you taking your temperature? Pot Stocks retreat – after Wednesday’s surge – Was it a flash in [...]
Things you need to know. Pause, Accelerate, Pause, and then Accelerate again…. but it does feel tired… Powell promises to stay put…and reveals that unemployment is more like 10% Earnings and Stimulus keep a floor under investors. POT Stocks are ALL the rage today…. Reddit chats rooms in a frenzy Oil traders takes some profits [...]
Things you need to know. Markets pause yesterday and continue to climb today…US Futures are up! Focus on stimulus and relief – Earnings season almost over – but reports continue to impress. Commodities higher; dollar weaker…inverse relationship – multinationals will benefit too. Macro eco data due out at 8:30 am…. What will CPI reveal (I [...]
Things you need to know. Markets make new highs (again) – Excitement over the recovery play and more stimulus. Oil – blasts higher…WTI now teasing $60/barrel. Dollar weakens – supporting commodity complex and big multi-nationals. The MEME trade? This is ridiculous! Bitcoin surges toward $49,000 Try the Stuffed Chicken Breasts Spend, Spend, Spend……and it is [...]
Things you need to know. Global Mkts Up, Treasuries Up, Oil Up, Gold Up and Bitcoin UP – see the pattern? Biden pushes his $1.9 tril plan, Janet Yellen throws her support behind it. Larry Summers (blast from the past) warns of surging inflation – 30 yr treasuries agree. No Eco data today, and it [...]
Things you need to know: And the market marches on…readying to kiss another century – 3900! GME falls another 43% to end the day at $55.30…Hello? Today’s data is all about the Non-Farm Payroll Report Oil pierces $57 overnight – and we are off! Try the Cuban Sandwich…. And the Bull just refuses to quit……stocks [...]
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 [...]
First Quarter 2021 “Navigating a Path Forward” Live Event Replay [embedded content] 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.
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 [...]