On Your Mark
Trading volume last week was, not unexpectedly, very light. All three major U.S. equity market indices remained in-trend – closing out the holiday shortened week marginally higher. On Thursday, the […]
NASDAQ
Sell Rosh Hashanah, Buy Yom Kippur?
Friday’s triple witching (option and futures contract expiration) provided an expected and significant expansion of volume for US equity markets. Volume on the New York Stock Exchange rose by 63.36%. […]
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 […]
Silver Lining in NASDAQ’s Friday Reversal
Last week’s equity price action left investors of all stripes and sizes with an ageless reminder: what goes up must come down. And though last week’s price action was particularly […]
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 […]
Stocks are losing momentum: strategist
Kenny’s Commentary on Reuters TV with Fred Katayama: Cautious about stocks because of the Nasdaq’s stretched valuations and weakness in financial stocks. Peter tells Reuters’ Fred Katayama investors should take […]
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 […]
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. […]
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
US equity markets remain in a confirmed uptrend, but for how long?
US equity markets took the Fed’s 25 basis point rate cut and Chair Powell’s press conference in stride last week. However, the specter of risk associated with US/China trade talks […]