Stock Talk

A Dull Day on Wall Street Kicking Off the First Week of June Trading

Perhaps traders are suffering from a weekend hangover as stocks close lower in very light trading. Volume was lower across the board and below average. We actually need a few days where the market moves very little and volume is light. We have come quite a ways from a few weeks ago and these gains […]

Weekend Update: Headline News Wall Of Worry

Stocks staged a pretty decent follow-through, on Friday, to the Wednesday reversal and Thursday rally. Stocks did not manage to trend up the entire day but some selling in the final 30 minutes was accumulated into the close. The RUT started to lag around mid-day and the DJIA lagged around 2pm EST but overall a […]

Friday Morning Coffee: Uptrend continues

Despite all the negativity regarding the political and economic landscape our uptrend continues to remain intact. We continue to get new trading signals, a healthy sign for this uptrend. Yesterday, small cap stocks could jump more than 2% recovering from Wednesday’s intraday low. Volume in IWM was above average. A good sign interest is high […]

May closes out with Losses, but NASDAQ on a 7 Month Win Streak

A great start to the day as traders quickly erased yesterday’s losses. However, it did not last long as sellers got ahold of the market and slammed it lower. The rollover appeared to be severe as volume was running hot and there were no signs of support until after 10am. Perhaps it was profit taking […]

NASDAQ and S&P 500 Break Win Streak as Wall Street Deals with the Memorial Day Hangover

A relatively quiet day on the street in terms of volatility, but stock couldn’t muster the necessary buyers to end in positive territory. Small cap stocks performed the worse as sellers hit the group hard. The Russell 2000 closed below its 50 day moving average. Volume was higher across the board with volume in the […]

Stocks Extend Gains; Volume Higher

Last Wednesday’s selling has been completely erased and the market is now back to all-time highs. Volume on the session expanded as traders continue to find themselves back into the market. What we heard last week was Trump was going to destroy the market and he was the reason the market sold off. What is […]

SPX Erases Last Wednesday’s Sell-Off

One heck of a market. No commnetary tonight.

Russell 2000 Leads Small Gains

The slow push to get back above the high of the day last Wednesday continued today as volume slid lower on the session. Whether or not this is purely short covering remains to be seen, but we continue to remain in our current uptrend. GOOGL hit a new all-time high, but couldn’t finish on its […]

NASDAQ 100 Leads Market Higher

A solid day for price gains as big cap technology stocks continue to find buyers pushing the market higher. We have almost completely wiped out last Wednesday session. Many were quick to call a top last week as Wednesday’s action was a little concerning. This is where we succeed as we do not let our […]

Stocks Fall Hard as Trump Fears Surface Again

A tough day for the market as we finally see market volatility find its way back to the market. Financials were a sore spot for the market today. Rate hike odds fell as bond prices jump over fears Trump may be impeached. These fears are not that new, but perhaps an excuse for the market […]