BWT Top Current Holdings Update (4/10/17 Edition): IVAC BPMC SXE HNR

Study, study, study! … [Read more]

Monday’s Market ends Flat

So much for any exciting market action today as the stocks closed flat on light volume. A mid-day sell-off did spark some interest, but once again this market found a way to muster enough support. We continue to see this market look very fragile and … [Read more]

Weekend Update: Weak Yet Somehow Sturdy Holding Pattern

The overall market continues to lack any clear direction with individual stocks in my personal holdings looking pretty darn strong/solid overall but the overall market/tape looking quite problematic. The MACD and RSI(14) oscillators are all still … [Read more]

Small Gains after Wednesday’s Selling; Traders await March’s Job Report

Today's light volume affair was uneventful as the market awaits Friday's job report. The good news is we did not sell sellers pick up where they left off after Wednesday's debacle. We continue to see a lack of follow-through to the downside which is … [Read more]

Late Day Sell-Off Sours Market; Fed Minutes to Blame

The latest release of the Federal Reserve Open Market Committee meeting minutes sparked a nasty sell-off during the final hours of trading. Sellers were in a hurry to dump Small Cap stocks as the group continues to act very weak. Distribution is … [Read more]

Small Caps Lag; Broad Market Inches Higher

Another lackluster session as the market continues to remain range bound. Small cap stocks continue to lag the broader market and the Russell 2000 remains below its 50 day moving average. Investors are simply not excited to jump into small cap … [Read more]

Lackluster Action Kicks Off April and the 2nd Quarter

The broad market could not muster enough buyers to close in the green. Volume ended the day mixed with NYSE volume higher as NASDAQ volume ended lower. Big cap Tech continues to perform well as buyers are flocking to these names like investors used … [Read more]

Weekend Update: V-Shaped Dead-Cat Bounce

That elusive strong close just kept getting further and further away with each attempted dead-cat bounce this week. I must say that for a low overall volume bounce, my positions have held up beyond extremely well with zero stops triggering intraday … [Read more]

A Big Day for Financials; NASDAQ at All-Time Closing Highs

Leading the day were financials as the group jumped higher leading the entire market higher. Utilities were the day’s biggest losers as the 10-year treasury note moved back above 2.4% today. Energy took a breather closing flat on the session after a … [Read more]

Crude Oil Rallies lifting Energy Stocks

Energy was the biggest winner on today’s session as crude oil prices near $50 a barrel. Crude oil rallied after inventories showed a build. Financials were the biggest losers on the session even as a few Fed members hinted at more rate hikes this … [Read more]