Markets Rebound from Friday’s selling

Friday’s session, on the face of it was troubling after fears over global issues and a Bloomberg outage.  However, today’s rebound was a good sign as the selling did not follow-through.  We continue to see a lack of follow-through on either side of the market here. ...

Distribution Hits the Market

Volume was higher on the NYSE giving the S&P 500 a day of distribution, but it was below average.  Selling hit the market just after noon eastern and continued throughout the afternoon until the close.  NASDAQ experienced higher volume than yesterday giving it a...
Stocks Erase Morning Gains End Lower

Stocks Erase Morning Gains End Lower

All appeared well in the world with US futures getting a boost from markets around the world.  At its highs Brazil was up more than 8%.  However, sellers had a different plan in store for this market.  Volume ended mixed with volume on the NASDAQ exchange higher than...

Last Week of Summer Kicks off with New Highs

The S&P 500 failed to hang on to 2000, but it still closed in all-time highs.  Over on the NASDAQ the index hit a 14 ½ year high. Volume on the NASDAQ was higher, but lower on the NYSE.  IWM remains well below its all-time high and has a bit of work in order to...
Ukraine Fears Push the Market Lower

Ukraine Fears Push the Market Lower

Forget the ISM figures and other economic data point the geopolitical issues in the world are causing jitters to increase.  The market did take a bit of a dip after the release of the ISM non-manufacturing numbers.  However, the market was able to stabilize and inch...