Markets Focus on the Positives

Kenny Polcari Uncategorized Leave a Comment

Things you need to know: Virus cases top 50,000 daily – and markets are surging! Economic data better than expected causing investors to re-think what’s happening Hong Kong rallies 2.8% even as China imposes new law and begins arrests Oil tops $40 barrel again as demand projections increase! (Hello???) Try the Spinach Salad with Grapes and Feta Cheese Happy 4th of …

Get Ready for Election Cycle Drama/Try

Kenny Polcari Uncategorized Leave a Comment

Things you need to know: As we get ready to celebrate the 4th of July – and America’s independence – I want to share this piece about the NYSE with you. It is a wonderful reminder of the role that the capital markets play in our lives and it is a very dear to my heart as I got to spend …

Markets Remain Anxious

Kenny Polcari Uncategorized Leave a Comment

Things you need to know: Can the headlines get any more anxious? Will FB finally LISTEN to the screams for decency? Or will big Companies continue to boycott FB and ‘the gram’? What about that Biden/Democrat sweep? Who is she? The new VP? Cases do increase but watch hospitalizations/deaths for the real definition. Try the Grilled Lobster/Shrimp Scampi Stocks slid …

Stress Tests/ Try The Gazpacho

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Things you need to know: US states weigh new slowdowns – TX is the first to halt further re-openings Yes, virus cases are up in the younger crowd – but deaths continue to fall FED clamps down on the banks post the stress tests European markets are higher – despite the news while US futures are mixed End of Qtr …

Shakedown/ Try the Pork Capricciosa

Kenny Polcari Uncategorized Leave a Comment

Things you need to know: The headlines raise the temperature, NY, NJ, & CT impose travel restrictions IMF slashes global growth forecast again – setting off the alarm bells Investors may be pricing in a Biden win – but are they pricing in a ‘sweep’? Stocks get hammered/Oil suffers some profit taking – but the story remains – look for …

All Eyes on the Economic Recovery

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Things you need to know: Yesterday markets continued the march higher Today – Fauci comments are sending global markets lower Surging cases across 20 states raising eyebrows 20-30 demographic being blamed for the spread via the ‘Tinder Experience’! Try the Jack Daniels Chicken Thighs Stocks continued to rally on Tuesday – picking up from where Monday left off… and again …

Stock Market Tug of War!

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Things you need to know: Apple makes another blockbuster announcement – Sending the ‘groupies’ into a frenzy Markets surged on Monday – but then Petey Navarro throws a grenade at 9 pm Navarro tells FOX News – that the trade deal is kaput! – Futures plunge Expect more volatility today… S&P support back in the 2950 range. Try the Apple …

New Lockdown Concerns?

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Things you need to know: Apple to shut stores in 4 states – Should you sell your stock? Hardly Virus cases continue to rise around the country and the world – so do the number of tests – Deaths in decline Global markets remain volatile US futures are flat Try the Linguine w/Artichokes and Pancetta Stocks rallied then failed as …

What’s Powell Saying Now?/ Try the Arugula Pesto

Kenny Polcari Uncategorized Leave a Comment

Things you need to know: Fed speak, rising infections, and excerpts from ‘the book’ drive the action China closes schools, cancels flights, and tests thousands for a new round of covid19 Who are the Democrats putting on the ticket? Try the Arugula Pesto Stocks slid on Wednesday – ending a three day ‘winning streak’ –  continued testimony by Fed Chair …