Confirmed Uptrend Remains in Place
Last week’s equity market performance allowed for traders to cash out on the best four-week performance for the leading US equity market indices in years. The largely horizontal weekly move […]
Economy
The Data Doesn’t Point To An Impending Recession: Kenny (Bloomberg Radio)
Peter Kenny, founder of Strategic Board Solutions, on markets and his 2019 outlook Bloomberg running time 5:30. Hosted by Pimm Foxx and Lisa Ambramowicz.
Market Uncertainty Ushers in 2019
As is often the case with equity markets, (and life in general) when it rains it pours. The uninterrupted stream of negative headlines, both political and economic, that have rained […]
US equity markets post largest weekly gain of 2018, poised to move higher
My stubborn insistence, outlined in this note over the past month, that U.S. equity markets would ultimately stabilize and snap back from the most recent downtrend in the near term […]
“When our perils are past, shall our gratitude sleep?” Michel de Montaigne
Veteran’s Day: Dad died on November 2, 2000. Requiescat in pace. At the age of 19, he was a member of the 390th Bombardment Group of the 8th Air Force, […]
Bottom Falling Out?
What a week! Fear, driven by multiple themes, once again drove US equity markets sharply lower across the board and the volatility index higher – though an attempt at a […]
Quarter end, manufacturing and the Fed dominate this week’s trading
This week’s economic calendar will be dominated by the FOMC meeting announcement, forecasts, and press conference on Wednesday. Nearly unanimously, strategists are expecting the FOMC to raise rates by .25 […]
US equity prices grind higher while Chinese equity markets languish in bear territory
We head into our Labor Day-shortened trading week with constructive economic tailwinds at our backs and a busy Washington D.C.-centric political calendar ahead of us. Among the economic data releases […]
Indices poised to punch through resistance during summer doldrums
Last week, equity investors were provided encouragement as well as a welcome degree of price stability due in large part to the Q2 earnings results and guidance. Caterpillar, Inc.’s (CAT) […]
US equity prices move higher despite trade headwinds
As I discussed on Yahoo Finance Market Movers last week, investors have once again shifted their collective attention away from relentless and schizophrenic geopolitical headlines. It even appears as though the […]