Things you need to know: Markets continue to convulse as they look for anything to hold onto Airlines and Autos Surge as the US wakes up causing oil stocks to jump Communication names enjoying the new…Continue →
Things you need to know: The haters try to kill the Moderna story – follow the money The questions cause some profit taking after Monday’s surge Global markets focus on the STAT news report and also question the motives behind the story Oil – continues to find stability as demand is expected to outstrip supply [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 – [...]
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 [...]
March 12, 2020 Dear Clients and Friends, At SlateStone Wealth, the health and safety of our clients, employees, and business partners is a top priority as is providing a high-level continuation of our services in times of uncertainty. Amid the growing concerns over the spread of the novel coronavirus (COVID-19), we are taking additional steps [...]