The Hybrid Market: Ten Years After

by Louis G. Pastina and Daniel M. Labovitz It’s been ten years since the SEC radically overhauled the US equity markets through Regulation National Market System (NMS). Beyond merely modernizing markets, Reg NMS has fundamentally changed the way we trade. Reg NMS was born of the Commission’s desire to encourage competition and innovation among markets. [...]

By |2017-07-31T17:26:42+00:00July 31st, 2017|Daniel M. Labovitz, Lou Pastina|

Big Week on Tap

This week's economic calendar will provide investors with two very important data points: the FOMC Meeting/Announcement on Tuesday and Wednesday, respectively, and the initial Q2 GDP reading on Friday. With these two significant data releases on tap this week, it is important to keep in mind that the US equity landscape remains constructive heading into month-end.    Inflation slowing   [...]

By |2018-01-29T14:24:33+00:00July 24th, 2017|Uncategorized|

The Tech Swoon – A Long Time Coming

"On a relative valuation basis, tech/software is expensive. Investors will look for relative value in financials during this period of rotation." Readers of Kenny's Commentary will recall this early analysis on Bloomberg Radio and Reuters TV: Wall Street fell sharply on Thursday with the S&P 500 and Dow industrials on track for their worst [...]

By |2017-07-03T14:39:49+00:00July 3rd, 2017|Uncategorized|