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Market Musings & Economic Commentary

Tony will use his 30+ years of market experience to guide you throughout the trading day.

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Market Musings & Economic Commentary

Tony will use his 30+ years of market experience to guide you throughout the trading day.

Not much change in bullish sentiment

Posted on Dec 15, 2022 | 12:33 pm in Market Musings & Economic Commentary

The American Association of Individual Investors (AAII) reported bullish retail sentiment held at the 24% level for the third straight week.

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Mostly weaker economic data

Posted on Dec 15, 2022 | 10:05 am in Market Musings & Economic Commentary

Economic data this morning was disappointing across the board.

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Early Thursday look

Posted on Dec 15, 2022 | 8:05 am in Market Musings & Economic Commentary

S&P equity futures are trading below Wednesday's closing level, amidst widespread losses in Europe and Asia overnight.

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4 Key tactical indicator levels

Posted on Dec 15, 2022 | 7:43 am in Market Musings & Economic Commentary

Here are Wednesday closing levels for our four key tactical indicators:

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Stocks lower after Fed announcement

Posted on Dec 14, 2022 | 5:35 pm in Market Musings & Economic Commentary

It was a relatively quiet session going into the Fed announcement.

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Initial thoughts post rate hike and press conference

Posted on Dec 14, 2022 | 4:12 pm in Market Musings & Economic Commentary

The Fed continues to make clear they are going to tighten further and stay restrictive until they are confident inflation is sustainably reaching their 2% goal. 

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FOMC raises rates 50 bps

Posted on Dec 14, 2022 | 2:39 pm in Market Musings & Economic Commentary

The FOMC raised rates by 50 basis points as expected, to a target of 4.25-4.50%. The committee's vote was unanimous.

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4 Key tactical indicator levels

Posted on Dec 14, 2022 | 8:15 am in Market Musings & Economic Commentary

Here are Tuesday's closing levels for our four key tactical indicators:

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Early Wednesday look

Posted on Dec 14, 2022 | 7:51 am in Market Musings & Economic Commentary

S&P equity futures are trading fractionally above Tuesday's close, amidst a negative session in Europe and Asian shares ending higher overnight.

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CPI leads to more volatility

Posted on Dec 13, 2022 | 5:38 pm in Market Musings & Economic Commentary

It was a volatile Tuesday session ahead of Wednesday’s FOMC announcement.

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