Market Musings

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

Overbought!

We have seen a fair amount of commentary that the S&P 500 Index (SPX) is now back to overbought based on the Relative Strength Index (RSI).

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Waiting on Small Caps…

As they inch closer to the 200-day moving average (DMA). Despite the fact that the Russell 2000 Index (RTY) is significantly outperforming the other “big four” indices (S&P 500,…

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Quantifying near-term market risk

Yesterday’s we highlighted how a historically high amount of S&P 500 (SPX) components were trading above their respective 50-day moving averages, and how that suggests new highs in…

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Pre-opening look – 02/20

Summary: S&P equity futures are trading slightly below yesterday's settlement. Asian markets closed mostly higher, extending their recent strength, and Europe is mixed to higher. The dollar is…

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Pre-opening Look – 02/19

S&P equity futures are trading below Friday's settlement. Asian markets closed mixed overnight, but rallied sharply on Monday, and European markets are mostly weaker. Dollar is firmer…

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