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So far global has created 488 blog entries.

Earnings season is upon us once again

10:05 am, January 10th, 2020, the Dow tops 29,000! The S&P hits 3282, the Nasdaq 9235, and the Russell traded at 1666. The good times rolled on: easing geo-political tensions, signing of the Phase One trade agreement, coming earnings, and continued robust macro data all adding to the excitement.   Friday’s NFP (Non-Farm Payroll) reported [...]

By |2020-01-13T10:09:47-05:00January 13th, 2020|Morning Thoughts by Kenny Polcari|

“I Can See Clearly Now”

“I can see clearly now the rain is gone. I can see all obstacles in my way. Gone are the dark clouds that had me blind. It’s gonna be a bright (bright) Bright (bright) sunshiny day. I think I can make it now the pain is gone, all of the bad feelings have disappeared. Here [...]

By |2020-01-10T10:09:30-05:00January 10th, 2020|Morning Thoughts by Kenny Polcari|

BREAKING NEWS – FLASHING HEADLINES

“…remember it is just the NEXT headline that can change the tone dramatically…” BREAKING NEWS – FLASHING HEADLINES “The Iranians are STANDING DOWN” “No Americans were harmed in the Tuesday night attack by the Iranians” “The US will immediately impose additional punishing economic sanctions on the Iranian regime” And the one that sent Nancy Pelosi [...]

By |2020-01-09T10:12:05-05:00January 9th, 2020|Morning Thoughts by Kenny Polcari|

The NEXT headline is all it took

I ended yesterday’s note with this comment: “… remember it is just the NEXT headline that can change the tone dramatically, and that headline can go in either direction. While we don’t expect any real positive headline right now, the risk remains to the downside. So just stay the course. We are solidly in the [...]

By |2020-01-09T10:12:05-05:00January 8th, 2020|Morning Thoughts by Kenny Polcari|

Stocks began Monday weaker

Stocks began Monday weaker, following in the footsteps of Asia and Europe as those markets began the week in the RED. The S&P falling 20 points on the opening trade, testing the 3214 level, right smack in the middle of the range where I have been saying stocks should find support. In fact, In yesterday’s [...]

By |2020-01-07T10:04:30-05:00January 7th, 2020|Morning Thoughts by Kenny Polcari|

Global Markets Remain on Edge

And BOOM! It wasn’t even 24 hours into the new year before the Iranians began to cause trouble, by launching an attack on the US embassy in Iraq and then the follow through by the US on Friday. The airstrike targeted Iranian General Soleimani and his sidekick, military commander Abu Mahdi al-Mohandes. Global markets reacted [...]

By |2020-01-06T10:06:51-05:00January 6th, 2020|Morning Thoughts by Kenny Polcari|

And here we go…

And here we go… stocks set NEW highs on the first trading day of the new year and new decade, giving everyone the sense that it was history repeating itself. “the Roaring 20s” It started with good news out of China, better economic data and an injection of “fresh liquidity” into the banking system, sending [...]

By |2020-01-03T10:02:46-05:00January 3rd, 2020|Morning Thoughts by Kenny Polcari|