Accentuate the Positives

Things you need to know: Moderna announces phase 1 trial results and scores big The algos go wild taking stocks up more than 3.5% Investors around the world celebrate Oil up again as demand is expected to surge as well Try Nonna’s Bolognese Stocks exploded higher…..the Dow adds 900 pts or 3.85%, the S&Ps jumped [...]

By |2020-05-19T11:04:06-04:00May 19th, 2020|Morning Thoughts by Kenny Polcari|

Time to Celebrate?

Things you need to know: Markets surging around the world as infections are NOT increasing significantly as we re-open. Fed Chair takes to 60 Minutes and says “Don’t bet AGAINST America” The Saudi Investment Fund goes on an American shopping spree While Warren unloads his ‘Goldy’ position – Oil surges up and thru $30/barrel igniting [...]

By |2020-05-18T11:03:16-04:00May 18th, 2020|Morning Thoughts by Kenny Polcari|

Another Dramatic Day

Things you need to know: Markets bucked the trend lower to turn positive on a technical rebound yesterday It’s Friday – loads of US economic data today – is sending futures lower Germany enters recession and France wants equal access Try the Roasted Chicken parts with Cherry Tomatoes, Capers and Kalamata Olives It was a [...]

By |2020-05-15T11:03:21-04:00May 15th, 2020|Morning Thoughts by Kenny Polcari|

Headline Hysteria!

Things you need to know: ‘Legendary Investors’ Druckenmiller/Tepper go bearish – talking their books Powell adds insight but not new information – everything he said was known The algo’s rip it up – sending stocks lower ‘Legendary Investor’ Bill Miller remains bullish – talking his book And Goldman can’t help themselves – raising their outlook [...]

By |2020-05-14T11:06:15-04:00May 14th, 2020|Morning Thoughts by Kenny Polcari|

Not A Single Sector Was Spared

Things you need to know: Dr. Fauci throws cold water on the market Fed speak is caught between zero and negative rates as they launch their first ETF buy program. Slow down – it’s a bond ETF, but… Algos chose to focus on the negatives yesterday as traders take money off the table European markets [...]

By |2020-05-13T11:11:51-04:00May 13th, 2020|Morning Thoughts by Kenny Polcari|

Markets Are Waffling

Things you need to know: Market remains in a holding pattern – up or down very slightly as we wait It feels like a dance – not the waltz or the tango – but rather a ‘break dance’ Investors continue to flock to anything “tech” The FED goes all in and buys an ETF – [...]

By |2020-05-12T11:08:39-04:00May 12th, 2020|Morning Thoughts by Kenny Polcari|

Investors Are Getting Optimistic

Things you need to know: Markets begin the week cautiously – Disney reopens Shanghai park Countries beginning to awaken – restrictions are eased Other ailments being blamed on corona – but is that a stretch? Oil kisses resistance and backs off – as it readies to surge again Try the Pasta Leo Stocks ended the [...]

By |2020-05-11T11:05:34-04:00May 11th, 2020|Morning Thoughts by Kenny Polcari|
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