The 10-year yield has come to represent all of the concerns about global growth at this very moment, so the stock market has latched onto it, like a kid to a lollipop. So when yields started to rise today, the stock market started to rise, i wouldn't expect the market to shoot back to its high. We could be stuck in a range as this stuff sorts itself out.

Michael Antonelli

Categorized in : Business

The prospects this year are better. by Michael Antonelli

The prospects this year are better.

Michael Antonelli

In a really quiet market, a headline like this has a magnified effect, so even if it's not something investors don't already know, it can move the market with ease.

Michael Antonelli

Most of the gains this year have been from multiple expansion. Earnings needs to start doing its part. Otherwise you risk people looking at multiple expansion saying this looks like a top.

Michael Antonelli

The last 30 minutes lets you know that people are still leaning b... by Michael Antonelli

The last 30 minutes lets you know that people are still leaning bearish mid-week.

Michael Antonelli

In the statement the Fed worried about inflation being below their target, but in the press conference Powell said they view that weakness as transitory and they aren't leaning more towards a cut then they were before.

Michael Antonelli

The fact that he's basically saying 'we aren't closer to a cut then we were before' made the market sell off.

Michael Antonelli

The tone of today didn't start off well due to tariff fears. by Michael Antonelli

The tone of today didn't start off well due to tariff fears.

Michael Antonelli

The market is expressing its disappointment, but this is a short-... by Michael Antonelli

The market is expressing its disappointment, but this is a short-term tantrum.

Michael Antonelli

We're hearing less talk of firing missiles and less talk of trade... by Michael Antonelli

We're hearing less talk of firing missiles and less talk of trade war.

Michael Antonelli

I’m continuously amazed by the things we are seeing, all of us are getting an education in what moves stocks and that education is ongoing.

Michael Antonelli

Clarida threw a bit of a wet blanket on the market at the end of the session.

Michael Antonelli

There was a reinforcement of weak manufacturing activity and then you had the geopolitical spark.

Michael Antonelli