Dow Leads Major Averages Higher; Tech Stocks Dominate in After-Hours

The real story was the moves large cap tech was making after posting earnings. It was the Dow who led the market higher today. Transportation stocks enjoyed a nice bump up nearly 1% as a group. Volatility dropped 4% as selling just never picked up … [Read more]

Dow Leads; Stocks Bounce

A big thanks to MMM and CAT giving a huge boost to the Dow Jones Industrial Average. Volume was up across the board. Late day selling did blemish the day, but the market was able to at least hang onto gains. Biotechs were able to bounce well off … [Read more]

Week Kicks Off with Losses

Monday’s session was not how we would want to start the week. The NASDAQ notched another distribution day its third in four days. Volume on the NYSE fell, but most stocks finished in the red. This market has been stretched for some time and it does … [Read more]

You Can’t Keep a Good Market Down

After falling more than 100 points during the early morning session the Dow could shrug off sellers and finish in positive territory for the day. Volume crept higher across the board. Technically, the NASDAQ notched a day of distribution. However, … [Read more]

IBM Leads Dow; Stocks Higher Again

After posting its 22nd consecutive decline in revenue IBM indicated there is light at the end of the tunnel sending the stock higher. The blue-chip technology stock helped the Dow gain more than 160 points on the session. Volume was higher across the … [Read more]

Stocks Continue to Hold in Tight Trading; Utilities Lead

This market simply does not have the ability to move dramatically in one direction or another. The Dow continued its march onward to new all-time highs. Volume was mixed with NASDAQ volume inching higher on the session. We have the same ole story … [Read more]

Gains Continue as Volatility Continues to Drop

More all-time highs for this market as we continue to see a lack of selling from stock holders. This market continues defy all the odds and continues to move higher. Sure, we are due for some sort of correction. However, this market has many other … [Read more]

Tight Action Continues as Stocks Ease Lower

The major market indexes finished lower yesterday as volume jumped higher. Transportation and Utilities continue to march higher. Real Estate stocks enjoyed a nice day as well despite the Fed all but guaranteeing a rate hike in December. Financials … [Read more]

More All-Time Highs; Small Caps Inch Lower

Just another day in this market where all-time highs keep coming and bears continue to get slammed. Earnings season is now upon us with bank earnings to kick-off the season. It appears that if we are going to get any down days they will be small and … [Read more]

Volume Jumps as Stocks Move Up

We continue to see new highs from this market, but you don’t hear exuberance from the crowd. What the crowd thinks or does is not of our concern. However, this market has been plagued by naysayers since 2009. It is not out of the question to see this … [Read more]