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About Kenny
Kenny Polcari is chief market strategist at Slatestone Wealth. He is a well-known TV personality, appearing on Fox Business and CNBC, and is often quoted in major print media outlets. Mr. Polcari writes a daily morning thoughts missive that is an informative, engaging, and entertaining look at global markets. Prior to that, Mr. Polcari was a managing director at O'Neil Securities/Member NYSE. He built the US equities business at ICAP and ran the NYSE trading floor division on behalf of Salomon Brothers.
Kenny's Articles
The news that President Trump had succeeded in bringing Iran to its knees was the headline that lit the fuse Monday, and by the end of the day it was green across the screen. That AI trade that remains so sensitive to the headlines? It is alive and well, too, writes Kenny Polcari, chief market strategist at SlateStone Wealth.
When it comes to Middle East news, oil hears it and trades higher. The bond market hears it and pushes yields higher, But stock investors? They’re hearing something completely different. And then there’s earnings — because this is where the rubber meets the road, says Kenny Polcari, chief market strategist at SlateStone Wealth.
Stocks continued to surge this week, with the S&P 500 Index (^SPX) up 11% in the 15 days through Wednesday. The Nasdaq was up 16% during that same time. From a technical perspective, SPX trendline support is now 6,815 – which is down about 3% from here, writes Kenny Polcari, chief market strategist at SlateStone Wealth.
Kenny Polcari
STOCKS
Tickers: SPX
Stabilization in markets does not mean calm. It simply means investors are beginning to digest and analyze the news flow rather than just reacting to every headline. And that’s an important distinction for the S&P 500 Index (^SPX) here, writes Kenny Polcari, chief market strategist at SlateStone Wealth.
Kenny Polcari
STOCKS
Tickers: SPX
Kenny's Videos
American voters determine their next president in less than a year. But Wall Street and Main Street are already paying close attention to every poll and candidate proclamation. And no wonder? They’re hoping to get a better handle on potential outcomes and potential market reactions—and to best position their portfolios for the likeliest path going forward. This panel will explore the likelihood of President Biden or former President Trump earning a second term...or a “Dark Horse” candidate winning the White House. Panel members will also explore the ramifications for taxes, spending, geopolitics, and markets of each scenario—and what investors like you should do to adapt.
Kenny Polcari
POLITICS
23:34
