Expect some window dressing this week but keep a close eye on rates
Are we at that point in this cycle where good news is bad news? For the better part of the last six weeks, better than expected economic data has been […]
What is going to Happen Next? Maybe that is the wrong question – Jordan Kimmel
Over long periods of time one would expect to see the stock market to continue to provide better returns than the fixed income market. What will have the best return […]
Shift Direction
With Q1 wrapping up in the coming days, so will any remaining Q4 2020 earnings reports. Q4 results were significantly stronger than the street had been expecting. In fact, according […]
Richard H. Driehaus (1942-2021) Requiescat In Pace
A true giant in the world of investing, a visionary, a philanthropist and former client, Richard H. Driehaus, passed away on Tuesday of last week. He will be missed by […]
The Question of Stock Market Leadership – Marc Sutin
Last week we discussed the Fed’s new monetary policy framework. In my view it implies that the Fed will not tighten policy in anticipation of inflationary pressures that may not […]
Is the Market Oversold?
This week marks the 15th anniversary of Kenny’s Commentary. As a result, I will be taking a break from the note for a week or two. However, you will have the […]
Shot out of a cannon!
Any sense of caution that might have accompanied the new year as a result of our dramatic trade higher into year-end was seemingly nowhere to be found last week as […]
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 […]
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 […]
Bulls and bears make money. Pigs get slaughtered.
Equity markets – last week and looking forward: U.S. equity markets hit the “pause” button last week in their relentless trade higher. The Dow Industrials gave back 171 points or […]