JJ Kinahan

Well, how about that? The little “rally that could” continues. After four down days in a row to end last week, things got on a bit of a roll here. Major indices rose Monday and Tuesday, and continued to look steady in the pre-market hours Wednesday.  It’s a bit disheartening...

Talk about snapping right back.  Major indices rose just a bit in pre-market trading this morning, nothing too spectacular, but Monday’s surge was the best day in three months after a four-day losing stretch. Basically, stocks are back to where they were before Friday’s plunge as...

With “Fed week” out of the way, investors might have thought they’d get a break from monetary policy and more wild market swings in the days ahead. No dice.  An incredible 14 Fed speeches are scheduled this week following a big turnaround in a wild overnight session Monday....

Happy Juneteenth! Tomorrow marks the newest federal holiday—with many companies and government offices celebrating the holiday today. But given the last-minute passage of the bill to make it a federal holiday, markets will remain open. Keep in mind that today is quadruple witching day, which...

It seems that the market debate about whether inflation is truly temporary or could be more lingering has heated up a bit. The Fed added more fuel to that fire by raising its inflation expectations for this year but still saying it thinks inflation is “transitory.” This argument may...

If you expect Fed Chairman Jerome Powell and company to deliver anything explosive after today’s meeting ends at 2 p.m. ET, you probably haven’t been paying much attention. Based on recent data, it feels likely we’ll hear “more of the same” this afternoon. Anyone...

We interrupt focus on the Fed meeting to take a look at some data that might factor into the central bank’s thinking. Retail sales and producer prices for May both came out this morning, and an initial glance might reinforce impressions that the Fed is less likely to make any policy moves....

Fed week is here, and once again analysts expect Chairman Powell and company to stay the course on rates and stimulus. For now, at least.  Last week’s sizzling May inflation data and continued strong jobs growth could be under a microscope when the Federal Open Market Committee (FOMC)...

So now we know what it takes to set a new record high: A big jump in consumer prices. That’s just being a bit facetious. A little inflation is often good because it can show strong trends in the economy. From what analysts have been saying, there’s plenty of pent-up demand for things...

The debate between whether inflation is temporary (“transitory” in Fedspeak) or here to stay remains open. What’s no longer in debate is that we’ve got it now.  Consumer price index data this morning came hotter than expected. The headline reading for May showed a...

The way things went on Wall Street Monday and Tuesday, it felt like the market got ahead of itself a little. About a week ahead, actually.  It’s a week from today when the Fed finishes its next meeting, and stocks generally trade in a narrow range right before that with no real direction...

If you’re reading this, then apparently you weren’t affected by a global internet outage that hit many news websites. The outage appeared to hurt stock futures overnight, but things recovered to flat in the hours right before the open.  Flat might be the word of the day, and maybe...

After stocks came within inches of a new record high on Friday following the “Goldilocks” May jobs report, the new week starts with investors mulling inflation, infrastructure talks, and an up-and-down Tech sector.  The consumer price index for May due Thursday and infrastructure...

May’s jobs report could be seen as a “Goldilocks” kind of data point, even if it wasn’t as strong as many had hoped with 559,000 jobs created.  That was solid, but not spectacular. In sum, it doesn’t look like there’s anything in the report that’s...

The holding pattern continues to hold.  We’re seeing a bit of a selloff this morning, but it’s probably nothing to get too excited about considering how many days the market’s been up recently, and the fact that we have key jobs data tomorrow. For the most part, people don...