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BA ‘Turbulence Stabilizes’ S&P, Nasdaq Pierce Resistance & Transports Rally

Things you need to know -              Mkt have a FOMO rally -              BA ‘turbulence’ appears to have ‘stabilized’ – good for Transports & Aerospace -              China macro data weak and strong -              UK and EU continue exit talks  Stocks BROKE out to new highs in what felt like more of a FOMO rally (Fear of [...]

By |2019-03-14T11:05:39-04:00March 14th, 2019|Morning Thoughts by Kenny Polcari|

ECB Stuns Mkts, China Data Causes Stocks To Plunge – Try the Chinese Food

Things to know US stocks get clobbered Uncle Mario (Draghi)     slashes growth forecasts and increases stimulus Canada & Australia     voice their concerns Chinese stocks PLUNGE     overnight on poor trade figures – casting a pall over global mkts  Stocks get CLOBBERED on Thursday, the S&P traded down to the trendline [...]

By |2019-03-09T10:04:25-05:00March 8th, 2019|Morning Thoughts by Kenny Polcari|

US/China Inch Closer – Mkts Celebrating – Countdown to Trump/Xi Meeting – BREXIT Late March – Try the Chicken Soup

Things you should know Rumblings of a Trade     Deal are everywhere Global mkts marching     higher Wilbur, Stevey and Bobby     – all off the ‘grid’ Mkts in a Tug of War So stocks moved higher again on Friday as the reality of a trade deal gets closer and closer……The Dow [...]

By |2019-03-05T10:05:54-05:00March 4th, 2019|Morning Thoughts by Kenny Polcari|
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