Stocks Continue with Gains

Wednesday’s action has been much of the same. Low volatility continues with gains. Commentary is a little late and we have the luxury of seeing futures down more than we have seen recently. Perhaps volatility will finally creep in and we can finally … [Read more]

Small Caps Suffer; Dow and S&P 500 Flat

A tale of separate tapes on Tuesday with Small Cap stocks suffering the worse and the NASDAQ notching a day of distribution. The Dow and S&P 500 essentially ended the day flat avoiding trouble. Not a great sign to see heavy selling in the Russell … [Read more]

Monday Musings: New Long Signals Continue; Uptrend Strong

Last week fell right in-line with this market’s overall trend. We continue to see tight trading action with positive reactions to earnings (for the most part). Bulls are elevated, but the overall trend is strong and that is all that matters to us. We … [Read more]

NASDAQ Slides after Opening at All-Time High

Yesterday’s FOMC day was not what we would consider a normal FOMC day. Volatility simply did not come to fruition after the central bank released its statement. From the open stocks opened strong, but buyers simply couldn’t support the all-time … [Read more]

Stocks Close out October with Gains; Fed Meeting Eyed

Led by small caps the market moved higher once again. Volume was higher across the board in part due to end-of-the-month rebalancing. It had been lagging all day. At the close IWM was up 71bps off its high of the day, but solid gains nonetheless. … [Read more]

Trick or Treat: Its been all Treat this Month

Stocks look to close out the month in positive territory after a good month of gains. The Dow closed Monday lower, but held its 10 day moving average. Volume was lower on both the NYSE and NASDAQ as the broader market closed lower. A gradual … [Read more]

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]