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Asian Shares Mixed Ahead Of Powell’s Congressional Testimony – Nasdaq

Shutterstock photo (RTTNews.com) - Asian stocks ended mixed on Tuesday as investors awaited Congressional testimony later in the day by the new Federal Reserve Chairman Jerome Powell for further insights into the central bank's view on inflation and interest rates. Chinese shares snapped a six-session winning streak as investors locked in some profits. The benchmark [...]

By |2018-02-28T21:04:31-05:00February 27th, 2018|Uncategorized|

Stevey Says – Don’t be Ridiculous & Uncle Warren Has $ to Spend – Try the Giambotta

The S&P closed at 2747.30 – So today’s circuit breakers are:  Level 1.  192.31 pts (7%) or 2554.99 Level 2.  357.15 pts (13% total) or 2390.15 Level 3.  549.46 pts (20% total) or 2197.84  _____________________________________________________  And BOOM!  Investors couldn’t buy stocks fast enough….  Enter stage left…. the paparazzi got a hold of Treasury Secretary Stevie [...]

By |2018-02-28T21:04:33-05:00February 26th, 2018|Uncategorized|

WMT, AMZN & A Southerly Furrow?  Try the Lemon Chicken

The S&P closed at 2716.26 – So today’s circuit breakers are:  Level 1.  190.13 pts (7%) or 2526.13 Level 2.  353.11 pts (13% total) or 2363.15 Level 3.  543.25 pts (20% total) or 2173.01  ___________________________________________________________  WMT gets crushed…falling 10% after reporting earnings that ‘weren’t so good’ – think gross margin pressure – Ok so they [...]

By |2018-02-21T15:04:39-05:00February 21st, 2018|Morning Thoughts by Kenny Polcari|

A Flash in the Pan?  Try the Linguine w/Artichokes & Pancetta

The S&P closed at 2732.22 – So today’s circuit breakers are:  Level 1.  191.25 pts (7%) or 2540.97 Level 2.  355.18 pts (13% total) or 2377.04 Level 3.  546.44 pts (20% total) or 2185.75  ______________________________________________________  What?  Me worry? Don’t be ridiculous!!!!  Stocks put in their best week for the year last week…as prices surged following [...]

By |2018-02-21T13:58:27-05:00February 20th, 2018|Morning Thoughts by Kenny Polcari|

FOMO is Alive and Well!  Try the Dover Sole

The S&P closed at 2731.20 – So today’s circuit breakers are:  Level 1.  191.84 pts (7%) or 2539.36 Level 2.  355.06 pts (13% total) or 2376.14 Level 3.  546.24 pts (20% total) or 2184.96  _______________________________________________________  It’s all smiles…..as stocks (around the world) extend the rebound back to January highs in a broad rally……it’s been 5 [...]

By |2018-02-19T13:41:01-05:00February 16th, 2018|Morning Thoughts by Kenny Polcari|
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