Stocks Slump as Trump Inauguration Nears

Coming off the long week the market started the week on the wrong foot. Sellers dominated much of the day. Volume was up across the board as the NASDAQ notched a day of distribution. Perhaps the real tell of the market were financials as regionals … [Read more]

Stocks Shake Sellers end near Session Highs

What a wild ride in the markets today. While not as wild as September 2008, but given the context of this rally it was quite a ride. Early morning sellers went to work on the market pushing stocks to the session lows in no time. Slowly, but surely … [Read more]

Another New High for the NASDAQ; Small Caps Lead Market Higher

We can only write the Dow misses the 20,000 mark again so many times. What the market is waiting for is anyone’s guess. Aside from the NASDAQ the S&P 500, Dow, and Russell 2000 remain in consolidation mode. Volume was mixed today as NYSE volume … [Read more]

S&P 500 and Dow get hit with Distribution; NASDAQ 100 Higher

Today was a lackluster start to the week with small cap stocks lagging the broader market while the NASDAQ 100 pushed higher carrying the rest of the NASDAQ with it. Volume was higher across the board as the S&P 500 and Dow notch a day of … [Read more]

Big Wave Trading Weekend Update

Stocks staged a nice little rally on Friday and while volume was lower than the session before it did not matter to the SP-500, NYSE, Nasdaq, or Nasdaq 100 as all of those indexes hit new all-time highs this week. The only concern behind yesterday’s … [Read more]

NASDAQ Sets a New High; Dow 20,000 remains Elusive

While a few await tomorrow’s, job report we saw a mixed market with both price and volume ending mixed. Led by the FANG stocks the NASDAQ pushed higher while the Dow continues to chase 20,000. Last week we saw the Dow close below 20,000 for the 121st … [Read more]

Gains Continue as Volume Rises

Another solid day of gains as stocks build upon the years first day of trading. Volume was up on both exchanges in a good sign institutions are putting money to work. The Federal Reserve meeting minutes were quite hawkish, but given their statement … [Read more]

Stocks Kick off New Year with Gains

A solid start to the year as traders rejoice push stocks higher. After Friday’s dismal performance we were looking for further consolidation and avoid further selling. From the start, it appeared as if buyers were in control. We saw buyers begin to … [Read more]

Distribution Strikes as Dow 20,000 Eludes Again

Heavy volume selling hits the market as the current uptrend is now beginning to look shaky. Some selling is not out of the question nor are days like today. Days like today only increase the odds we may see selling continue further. Volatility ticked … [Read more]

NASDAQ Inches out Gains; DOW 20K remains Ellusive

Coming off the long holiday weekend the market got off to a great start. However, by the end of the session we were well off the highs of the session. The Dow and S&P 500 continue to work off overbought conditions as both continue to remain … [Read more]