Stocks Continue to Work Sideways

by | Oct 28, 2020

Presidential Election and Coronavirus continue to weigh on Investors A mixed market yesterday with large cap tech leading the NASDAQ higher. The election is a major factor for many of those participating in the stock market. Earnings continue to roll out, but the...

Distribution Day Strikes to Kick Off Week

by | Oct 20, 2020

Stimulus Bill Uncertainty Drives Monday’s Market Narrative We are now two weeks from the Presidential Election and now awaiting news on a new stimulus deal. Monday’s session does count as a day of distribution with the NASDAQ leading the charge. It was nice to see...

Small Caps Lead Market Higher in Light Turnover

by | Oct 6, 2020

Solid Price Gains but Volume Indicates Institutions were Hesitant Monday trading sessions tend to be on the lighter side from a volume perspective. However, given the level of price gains we witnessed on Monday a rise in volume accompanying the gains was what we...

Stocks Bounce to Begin the Week; Is the Correction Over?

by | Sep 29, 2020

NASDAQ Recovers its 50-Day Moving Average Monday’s session offered a bit of hope for bulls as we saw stocks move higher. Volume was not overly convincing, but we did see the NASDAQ recover its 50-day moving average. A positive sign for a new uptrend. Volume was mixed...

Weakness Continues as Futures Indicate Further Selling

by | Sep 21, 2020

September Selling Perpetuates Seasonality is in play as we continue to see selling persist. After such a long run up it is not a surprise to see stocks sell off. How low does it go is anyone’s best guess at this point but given where futures are at right now sellers...