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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After several weeks of dismal performance, equities shook off their worries and rallied enthusiastically on solid quarterly earnings giving the S&P 500 its biggest weekly gain of the year. For…
KenOctober 27, 2014
There is an old Wall Street saying; “stocks go up on an escalator and come down on an elevator.” I think this market resembles how stocks went up a little…
KenOctober 20, 2014
Concerns about global growth caused markets to hit the brakes last week in a cloud of smoke and volatility, giving the S&P 500 and Nasdaq their worst week since May…
KenOctober 14, 2014
Stocks ended where they started at the beginning of this quarter even after some market stumbles in recent weeks that erased earlier gains. The choppy action continues with neither the…
KenOctober 6, 2014
I mentioned to a national audience on CNBC Closing Bell that I believe we are in a “stealth correction” (which later appeared on CNBC web site as the segment’s “topic”)…
KenSeptember 30, 2014
Markets regained steam last week, pushed higher by a reassuring Federal Reserve meeting and a referendum on Scottish independence. For the week, the S&P 500 gained 1.25%, the Dow grew…
KenSeptember 22, 2014
Markets closed last week on a down note, breaking five straight weeks of gains as investors hedged their bets ahead of a pivotal Federal Reserve Open Market Committee Meeting. For…
KenSeptember 15, 2014
Last Friday, I mentioned on Fox Business that I thought the August labor report might have been an “aberration.” The number of new jobs created for the month was well…
KenSeptember 9, 2014
Despite volatility around geopolitical concerns and sluggish growth in Europe, U.S. stocks had a phenomenal week, lifting the S&P 500 to a new record close, and giving the index its…
KenSeptember 2, 2014
Last Friday, I mentioned on Fox Business that Fed Chair Yellen still remains “Dovish” when it comes to Fed Policy. She still sees ‘slack’ in the labor markets despite the…
KenAugust 25, 2014
Last Week in Review Last week I mentioned on CNBC that this is not the ‘Teflon market’ that we described for the past couple of years. There have been a…
KenAugust 18, 2014
We have been saying that this is the ‘Teflon market’ for the past couple of years. It seems like nothing negative really ‘sticks’ to the market. However, the past couple…
KenAugust 12, 2014