Active investment management’s weekly magazine for fee-based advisors

Tony Dwyer

Tony Dwyer joined Canaccord Genuity in March 2012 as the firm's U.S. equity market strategist and a senior managing director. In 2015, Mr. Dwyer was named co-director of research, and currently sits on the firm's operating committee. Prior to joining Canaccord Genuity, he served as equity strategist at Collins Stweart, and also held the additional role of director of research while sitting on the firm's executive committee. Mr. Dwyer st arted his career at Prudential-Bache Securities in 1987 as an equity market strategist.

Market drivers in place heading into 2021

Editor’s note: Tony Dwyer, chief market strategist for Canaccord Genuity, and his colleagues author a widely respected monthly overview of market conditions, technical factors, and future market outlook called the “Strategy Picture Book.” The following...

A mixed tactical picture for markets

In our June 9 article, “Consolidation confirmation,” we looked at how the market typically acts following longer-duration breadth thrusts, which took place the first week of June. We found that when more than 90% of the S&P 500 (SPX) components...

Follow the Fed—it prints money

There has been an incredible ramp up in corporate credit new issuance since the Federal Reserve announced that it was going to buy corporate-bond ETFs. The Secondary Market Corporate Credit Facility (SMCCF) recently began buying ETFs with the goals of...

Housing suggests lower rates are working

Every bull market has minor corrections, like the 7% one in May 2019 and the 6% one a few months later in August, but a real 15%–20% drop over the course of the past 10 years has come with a rise above 3% in the 10-year U.S. Treasury Bond (UST) yield...