A brief last note for the year of COVID – 19, 2020
N.B. Dear Friends, I will be taking the next few days off. The next Kenny’s Commentary is scheduled for release on January 4, 2021. In my absence, I hope you […]
COVID-19
Stock market posts best week since July
US equity markets had a good week last week as all three majors, and the Russell 2K gained ground. The Russell out-performed its piers on the week. The Russell gained […]
I have some really BIG news to share…
I am a Grampa! Charli Louise Kenny arrived this past Thursday evening. Everyone is home, happy and healthy. Current Market Outlook: Market in correction US equity markets quietly slipped into […]
Batten Down the Hatches Ahead of Election: Peter Kenny (Radio)
September 14, 2020 — 10:40 AM MDT Bloomberg Markets With Paul Sweeney and Vonnie Quinn Peter Kenny, founder of Kenny’s Commentary and Strategic Board Solutions, on merger mania, and why […]
The most important week of trading since March 23rd
It is difficult to overstate just how important this week is for equity market traders and investors. I believe this week is potentially the most pivotal week since the week […]
Great Expectations
Last Week’s Trade: The COVID-19 rally remains intact after a solid stock market performance last week. Though software names attracted modest sell interest on Friday, the fact of the matter […]
Wall of Worry
Investors in US equities have been handsomely rewarded since late March – particularly those with overweight exposure to large cap tech specifically, and the Nasdaq more generally speaking. The robust […]
How did COVID-19 impact Q2 results and guidance?
The Nasdaq composite rallied 4% last week, and as we have discussed in recent notes, the S&P 500 and Dow industrials underperformed on a relative basis for three months. The […]
“Every record has been destroyed or falsified….” George Orwell
US equity markets continued their trade higher last week, and on Thursday in particular, received a bump higher due to a significantly stronger-than-expected June Employment Report. Nonfarm payrolls (I) were […]
US STOCKS-S&P 500 poised for best quarter since 1998
By Chuck Mikolajczak “There is a huge game of musical chairs going on here and that is really favoring the Nasdaq and it is really punishing the indices that have […]