Tractor Beam
Not only was last week’s equity market price action constructive given the overhang provided by the Coronavirus, but that price action, when paired with other measures of investors sentiment, speaks […]
Economy
Jerome Powell’s Heads to Capitol Hill on his 2nd Anniversary at the Fed
On Tuesday and Wednesday of this week, Fed Chair Powell will be giving two scheduled speeches. On Tuesday, he will be addressing the House Financial Services Committee. Though neither was […]
Outlook for stocks shifts to “Uptrend Under Pressure”
Market losses and distribution days are beginning to add up. The spread of the deadly coronavirus continued to fuel a meaningful trade lower last week – particularly on Friday. The […]
Inflation is tame, stocks rumble higher
Last week saw U.S. equity markets trade higher, with all three major indices gaining ground. Leadership was once again provided by Apple, which gained 2.7%. Google also rose 3.5% last […]
Q4 Earnings Focus on Financials
On Tuesday of last week, the international trade data for November was released and it was encouraging. As you likely remember, October’s initial reading was a better than expected $-47.2 […]
Wall Street slips on Middle East tensions, weak manufacturing data
Wall Street fell from a record high on Friday after a U.S. air strike in Iraq ratcheted up tensions in the Middle East, while a bigger-than-expected contraction in the U.S. […]
Dazzling Decade
Given the abbreviated trading week and the fact that it is year-end, look for volume to be light. International Trade in Goods data for November is released this morning. Econoday […]
Love Infrastructure, Heavy Construction for 2020: Kenny’s Commentary on Bloomberg (Radio)
December 20, 2019 — Peter Kenny, Founder of Strategic Board Solutions, making the calls on markets and tailwinds. Hosted by Lisa Abramowicz and Paul Sweeney. Running time 07:29 Play Video
Don’t blink now, potentially wild week ahead
Without question the headline economic news of this week and last week, and the news that will continue to resonate into year-end for investors, was the November Employment Report. It […]
Alfred E. Smith IV – Requiescat In Pace
Though an abbreviated week, last week’s economic calendar and equity market trading both provided a constructive framework for a continued trade higher in US equities into year-end. We began the […]