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And so Trump does it again.

And so Trump does it again. He saw that the market was getting more nervous. He saw what happened to stock futures on Wednesday evening/Thursday morning when they collapsed overnight — the Dow was down better than 300 points soon after midnight. So he begins the process of tweeting — taking it all very slowly, [...]

By |2019-10-11T11:02:34-04:00October 11th, 2019|Morning Thoughts by Kenny Polcari|

Stocks continued to come under pressure yesterday as the tension between the US and China continues to boil over…

The US commerce department late Monday added some 28 Chinese companies to an ‘export Blacklist’ because of human rights abuses in Xinjiang – meaning that US suppliers will be barred from providing technology that originates in the US to the Chinese firms identified, which only lit the fuse yesterday causing the algos to hit the [...]

By |2019-10-09T11:02:16-04:00October 9th, 2019|Morning Thoughts by Kenny Polcari|

Trump adds 8 Names to the Blacklist, China Sure to Retaliate, BoJo in a Jam, Mkts Under Pressure – Try the Halibut

Things you need to know. Before we get started today, I wanted to share with all of you some exciting news. I’m teaming up with the folks over at Seven Figure Publishing. Seven Figure publishes a wealth of information and independent research on the markets. They are dedicated to giving their readers the tools needed [...]

By |2019-10-08T11:04:29-04:00October 8th, 2019|Morning Thoughts by Kenny Polcari|

China is Not Going to Roll Over and Play Dead; Another Whistleblower Emerges and Earnings are About to Kick Off – Try the Spinach Pesto

Things you need to know. -          China not rolling over to play dead -          A second whistleblower emerges with hints of more to come -          Earnings season getting ready to kick off Good morning to our friends in North & South America, Good afternoon to our friends in Europe and Good evening to our friends [...]

By |2019-10-08T11:04:29-04:00October 7th, 2019|Morning Thoughts by Kenny Polcari|

GM strike, day 22: Talks resume after tumultuous weekend – The Detroit News

General Motors Co. and the United Auto Workers remain divided over several issues as 46,000 strikers continue to head to picket lines for the fourth week — and Gov. Gretchen Whitmer is growing concerned. The Michigan economy is getting increasingly impacted as the strike lengthens into its fourth week, hitting striking workers, laid-off employees at other [...]

By |2019-10-08T11:04:30-04:00October 7th, 2019|Morning Thoughts by Kenny Polcari|

General Electric freezing pension plan for 20000 US employees – msnNOW

© Stan Honda / AFP/Getty Images A sign outside the corporate headquarterGeneral Electric is freezing the pensions of 20,000 U.S. salaried workers to reduce billions in future pension obligations and trim debt. About 700 employees in its supplemental pension program, geared toward executives, will also have their pension benefits frozen. The company said the change [...]

By |2019-10-08T11:04:32-04:00October 7th, 2019|Morning Thoughts by Kenny Polcari|

Mkts on Edge as They Await the ISM Report, Trump to Impose New Tariffs on the EZ – Try the Penne Rigate

Things you need to know. -          “I feel the earth move under my feet; I feel the sky falling down…. I feel my heart start to trembling…..”  Carole King – I Feel the Earth Move – April 1971  (https://www.youtube.com/watch?v=42YeDHaUOvA) -          Watch the eco data this morning at 9:45 and 10. -          Trump threatens to impose [...]

By |2019-10-03T11:06:22-04:00October 3rd, 2019|Morning Thoughts by Kenny Polcari|

Fears of a Global Slowdown Cause Mkts to Shudder; Trump Chimes In – Try the Greek Style Filet of Sole

Things you need to know.   - Global mkts under pressure as the slowdown chatter builds - US futs getting clocked again – about to test intermediate support at 2924 - Schwab and TD cut commission to ZERO – but it ain’t FREE Stock finished deep in the RED,  headlines scream:   “World Economy Sends [...]

By |2019-10-02T11:04:52-04:00October 2nd, 2019|Morning Thoughts by Kenny Polcari|
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