Stocks overcame poor earnings results from some of America’s largest companies to post gains last week as investors cheered positive earnings surprises, easing inflation and a rebound in economic growth.
KenNovember 1, 2022
A positive start to a new earnings season and late-week hopes for a near-term easing in Fed rate hikes lifted investors’ spirits and powered stocks to gains for the week.
KenOctober 25, 2022
Stocks were mixed last week amid wide intra- and inter-day price swings, as technology shares bore the brunt of the downdraft.
KenOctober 18, 2022
A powerful two-day stock rebound cemented a positive week for investors as a new trading month began.
KenOctober 11, 2022
A hotter-than-expected inflation report sent stocks sharply lower last week as investors faced the prospect of more aggressive interest rate hikes by the Federal Reserve for perhaps a longer period.
KenOctober 4, 2022
A hotter-than-expected inflation report sent stocks sharply lower last week as investors faced the prospect of more aggressive interest rate hikes by the Federal Reserve for perhaps a longer period.
KenSeptember 27, 2022
A hotter-than-expected inflation report sent stocks sharply lower last week as investors faced the prospect of more aggressive interest rate hikes by the Federal Reserve for perhaps a longer period.
KenSeptember 20, 2022
In a holiday-shortened week of trading, stocks posted healthy gains despite more tough talk on monetary policy from Fed officials.
KenSeptember 13, 2022
The overhang of Fed Chair Powell’s Jackson Hole speech the previous week carried over into last week as investors recalibrated stock valuations amid a seemingly more assertive monetary policy stance.
KenSeptember 6, 2022
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Markets fell last week as investors digested lukewarm economic data and considered future economic growth prospects. However, stocks bounced back on Friday and trimmed their losses. For the week, the…
KenMay 5, 2015
After weeks of uncertainty, markets shook off the doldrums and rallied on the back of earnings beats from market heavyweights. Without any major economic events having occurred last week, market…
KenApril 27, 2015
Events in China and Europe triggered a modest worldwide sell-off last week, and lackluster corporate earnings in the U.S. contributed to market doldrums. For the week, the S&P 500 fell…
KenApril 21, 2015
Stocks ended the second week of the new quarter on a high note, giving the Dow its first close over 18,000 for the month. Investors took confidence from some major…
KenApril 13, 2015
I mentioned on a Wall St Journal online newscast today, that the Fed will most likely hold off raising interest rates until after the Summer.
KenApril 7, 2015
Investors care about GDP reports because they provide the most comprehensive scorecard about the overall health of the economy.
KenMarch 31, 2015
While the NCAA March Madness, is in full swing, it seems as if there is “madness” in the markets as well with a number of cross currents taking place all…
KenMarch 24, 2015
We had a very busy week here at Mahoney Asset Management. I had my first appearance (and hopefully many more) on the very popular, The Today Show this past Thursday.…
KenMarch 17, 2015
Markets closed Friday with losses after a turbulent week as investors began to worry that strong labor market growth might signal rate hikes next quarter. For the week, the Dow…
KenMarch 10, 2015
February posted its best monthly stock advance in nearly 4 years. After a slow start in January, the marketed rebounded nicely in February.
KenMarch 3, 2015
So while the Academy was busy giving out Oscars Sunday night, I thought it would have been appropriate to give out our own “market awards.” This market continues to defy…
KenFebruary 24, 2015
While appearing on CNBC last Friday with other guests, we all sahred the same feelings that the market is making “decent” progress in the month of February.
KenFebruary 18, 2015