Rotate in May and go Away
Peter live with Liz Claman on Countdown to the Closing Bell on Fox Business. There is a classic saying on Wall Street: Sell in May and Go Away but today’s […]
Author: Peter Kenny
Earnings highlighted by FOMC
US equities traded incrementally higher into record territory last week despite some weakness from recent leaders. Of particular importance for investors is last week’s positive price action, underscored by healthy […]
Sell in May and go away?
An old and frequently-used adage on Wall Street, “Sell in May and go away,” often gets a re-examination at this time of year – for obvious reasons. That cliché always […]
US stocks trend higher, Fed Chair Powell and financials on tap this week
Fed Chair Jerome Powell scheduled to talk this Wednesday, Thursday, and Friday. Q1 Earnings season picks up steam this week with select financials reporting Q1 results Friday. US equity markets […]
US equity market uptrend under pressure as Q2 gets underway
US equities closed out Q1 on a positive note on Friday with the Nasdaq posting a quarterly gain of 16.5%. Quarter-end window dressing helped lift all major equity market indices […]
Now Things Get Interesting – The Last Trading Week of Q1
Last week, US equity markets finally began to price in several variables that we have touched on in recent notes. The risk-off trade led to the worst one-week performance for […]
Wall Street tumbles on global economic slowdown fears
Reuters-March 22, 2019 By Stephen Culp NEW YORK, March 22 (Reuters) – Wall Street stocks sold off sharply on Friday, with all three major U.S. stock indexes dropping between 1 […]
FOMC meeting this week lays out the map forward
I was expecting more price weakness last week than actually appeared in US equity markets. The weakness I expected was off-set by a stronger-than-expected performance by the Nasdaq composite and […]
Last week’s pullback leaves equity markets vulnerable
The pullback that I suggested was on the horizon in last Monday morning’s note took shape last week. All three US major market indices lost ground on every trading day […]
Any additional gains this quarter are largely dependent on the outcome of the US/China trade talks
Both the S&P 500 and Nasdaq managed to add to their respective long-running and uninterrupted weekly gains last week, but just barely. In fact, if it were not for Friday […]