Oil Pierces $80, Stocks Retreat.  But It Was a Holiday – Try the Acquacotta

Things you need to know  Strong oil suddenly giving investors pause, stocks retreat Bond market was closed yesterday so let’s see what the bond guys have to say about future yields Stocks waffling around – Earnings to begin in 24 hrs October turbulence is alive…. Try the Acquacotta Oil rallied (again) trading up and thru [...]

By |2021-10-12T11:09:31-04:00October 12th, 2021|Morning Thoughts by Kenny Polcari|

NFP Does Not Create Much Noise, but OIL Does.  Now up 72% Since January – Try the Grilled Chicken w/Arugula, Cherry Tomatoes and Grana Padano

Things you need to know  NFP report does little to rattle the market Oil continues to rise…today is trading at $81.21/barrel and going higher Kraft Heinz CEO says – brace yourself for higher food prices It’s Columbus Day – banks and bond markets are closed – No treasury action Try the Grilled Boneless Chicken Breasts [...]

By |2021-10-11T11:05:47-04:00October 11th, 2021|Morning Thoughts by Kenny Polcari|

They Kicked the Can Down the Road!  Stocks Surge – Try the Eggs in Purgatory

Things you need to know  The circus never ceases to entertain us…Elected officials appear to be at the table – debt ceiling crisis averted (for now). Global stocks surge 10 yr Treasuries settle down, Oil backs off just a bit Try the Eggs in Purgatory Stocks continued to get clobbered yesterday even after the 8:30 [...]

By |2021-10-07T11:05:21-04:00October 7th, 2021|Morning Thoughts by Kenny Polcari|

Tech Gets Clobbered, FB Gets Slammed & Jimmy B Warns of Inflation – ry the Penne w/Pumpkin Cream & Sweet Sausage

Things you need to know  Tech gets clobbered, FB under pressure – Frances to appear on Capitol Hill All the indexes teetering on trendline supports – the pressure is on – Will the ‘BTD’s (Buy the Dippers) save the day? Oil surges as OPEC+ says ‘No dice’ Production is what it is – We have [...]

By |2021-10-05T11:02:42-04:00October 5th, 2021|Morning Thoughts by Kenny Polcari|

Evergrande is Halted, (Yawn), Europeans Considering Central Bank Action and US Futures Point Lower – Try the Osso Bucco

Things you need to know  Evergrande is halted – but investors are yawning European investors not concerned US stocks headed lower after the Friday bounce OPEC to decide if they will pump more or not Try the Osso Bucco Stocks rallied back on bit on Friday (think 10 yr. yield falling to 1.48%)  after the [...]

By |2021-10-04T11:04:14-04:00October 4th, 2021|Morning Thoughts by Kenny Polcari|
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