JJ Kinahan

Like a golf course, this week has a front half and a back half. But there’s a bit more rough and potential hazards on the back nine, so to speak.  Tomorrow and Friday are when we get a lot of potentially market-moving data, especially related to the jobs picture. Friday’s...

It may not have felt like it in some places over the weekend, but welcome to summer. A lot of people are trying to grab vacation time in these warm months after missing the chance last year. For those of us sticking around, however, there’s plenty of Wall Street action the next few days and...

Welcome to the last trading day before a well-deserved holiday break. As investors get ready to leave their desks and fire up their grills, it seems that worries about an overheating economy are taking a back seat to encouragement about the economic recovery. Before jumping in, we’d like to...

The long road of Q1 earnings season is finally winding down as the last companies to report line up ahead of Memorial Day.  It’s been an amazing run, with more than 85% of companies beating Wall Street analysts’ earnings estimates, according to Factset. Analysts expect even better...

Inflation? What inflation? That’s the way it feels this morning as major indices continue to push higher and price risk alarm bells that rang last week quiet down.  It’s still way too early to write off inflation, especially considering that on Friday we’ll get an important...

Is this the week we escape the May doldrums?  Though the market is in a better mood so far today, Wall Street continues to struggle toward summer as earnings season winds to a close. The S&P 500 Index (SPX) just suffered its first back-to-back weekly losses since February, and...

Late spring is often marked by the color green. Today it’s not just grass and trees greening up, but also those trading charts in the early going. And let’s not forget those big green tractors. Bellwether cyclical stock Deere & Co. (NYSE: DE), which is often considered a...

Last week, Thursday featured a comeback after days in the red. Can it happen again? After a mostly unimpressive overnight session, the major indices started clawing back ahead of the open. It’s amazing how resilient this market remains. The question again is whether the 50-day moving average...

The earnings hits just keep on coming.  This morning, Walmart (NYSE: WMT) and Home Depot (NYSE: HD) became the latest major companies to easily knock analysts’ average estimates out of the park. Retail appears to be alive and well, and so does the consumer, though there...

So much for “spillover.” Last week’s late recovery didn’t extend into Monday’s early hours, with overnight trading showing red. Caution, seen pretty clearly a week ago, appears to remain a factor, with bonds getting a slight lift and the 10-year Treasury yield slipping...

When Walmart Inc (NYSE: WMT) rang up record-breaking sales numbers but missed Wall Street’s expectations in the last quarter, it warned that the blockbuster results—for an essential retailer of its size—snagged during the pandemic would not be sustainable. As one of the...

This week’s big jobs report is now in the rearview mirror, and Wall Street may be eager to move on from it. The nonfarm payrolls report this morning showed the economy added just 266,000 jobs, far less than expected. And the unemployment rate rose to 6.1% from 6% last time around. A Briefing....

After racing into earnings season, stocks have basically treaded water the last two weeks. The S&P 500 Index (SPX) finished Monday less than 1% changed from mid-April when reporting season began. That’s despite an amazing Q1 earnings performance by S&P 500 companies so far,...

If things don’t already seem crazy enough, consider this: Eleven percent of S&P 500 companies report today.  Everywhere you look, there are numbers, whether it’s earnings or data. We continue to get great earnings. It’s really amazing how Tech has shined, with Apple...

What a difference a year makes. Unlike last May, there’s arguably lots to look forward to as vaccinations gain steam. People are back at baseball stadiums, and the Kentucky Derby and Memorial Day picnics loom. Oh yeah, we’ve also got the April jobs report straight ahead. OK, so maybe...