Investors Ignore PPI and Focus on the Recovery (Again): Futures Higher – Try the Seared Halibut

Things you need to know. BLS reports PPI – Investors ignore the increase Companies adding 10’s of ‘1,000’s of new jobs – Base wages rise Investors go bargain hunting – the value trade is still in the lead Musk now tweeting and supporting Doggey Coin – it rallies 37% Try the Seared Halibut w/ Orange [...]

By |2021-05-14T11:05:50-04:00May 14th, 2021|Morning Thoughts by Kenny Polcari|

Tech Wreck Goes Global; “Houston, we have a problem” – Try the Risotto

Things you need to know. Inflation concerns taking its tolls on stocks around the world as the ‘tech wreck’ goes global. No eco data today – so the conversation is all about Wednesday and Thursday. Colonial Pipeline expects to be back by the weekend. Key S&P levels identified, and circuit breakers are on alert. Try [...]

By |2021-05-11T11:06:44-04:00May 11th, 2021|Morning Thoughts by Kenny Polcari|

Clarida Tries to Calm Mkts; Rosengren Says it’s Time – Try the Porcini Rub Rib-Eye – Tagliata Style

Things you need to know Vice Chair Richie Clarida tries to settle the markets. Economists and Boston Fed Pres Rosengren think its time to start thinking about it. Inflation, Rates & Taper continue to pressure the high growth names. Smart money favors value Dollar weaker ahead of NFP, Oil higher as inventories plunge Try the [...]

By |2021-05-06T11:06:10-04:00May 6th, 2021|Morning Thoughts by Kenny Polcari|

Value Wins the Day; TECH Under Pressure; 2 FED Speakers today – Try the Pan Seared Pork Chops w/Caramelized

Things you need to know. Investors trade tech names for recovery names It is the Growth vs. Value Play and yesterday – Value won. ISM Prices Paid – Is it sounding the alarm bell? Two FED speeches today…Evan’s and Mester – Listen to what they say. Oil up 1.6% as demand surges, the 10 yr. [...]

By |2021-05-04T11:04:26-04:00May 4th, 2021|Morning Thoughts by Kenny Polcari|

Pers Income UP 21.1%?  End of Month Re-balance – Try the Grilled Shrimp on a bed of Orzo

Things you need to know. It was month end – Stocks declined; Now it is May – Stocks Advance Household income surges to 21.1% – US spending up too – but what caused the surge?  Was it real? Global Semi-conductor shortages affecting more than just cars. Expect further supply chain disruptions and higher prices. Oil [...]

By |2021-05-03T11:03:47-04:00May 3rd, 2021|Morning Thoughts by Kenny Polcari|
Go to Top