Wednesday Morning Coffee: Low VIX and the Fed

Yesterday’s trading session witness to a new low for the VIX of 9.0 as Small Caps led with solid gains. Volume jumped across the board, but our close was not all that impressive. Earnings continue to pour in and for the most part the results are better than expected....
Stronger Dollar keeps a Lid on Stocks; Volume Higher

Stronger Dollar keeps a Lid on Stocks; Volume Higher

A strong move in the dollar today in the face of stronger housing data helped keep a lid on the stock market moving higher.  Volume on the exchanges moved higher as trades get back into the groove after Monday’s light volume session.  Crude oil prices were lower as...

Yellen Valuation Comments help Push Market Lower

A day after we entered into a sell mode the market continue to sell off in mixed trade.  Volume ended just lower on the NYSE, but nearly 6% higher on the NASDAQ.  IBD joined in on the correction mode as it flipped its model into correction mode.  Leading stocks...
Dow falls more than 300 Points as Dollar Soars

Dow falls more than 300 Points as Dollar Soars

Sellers woke up from the weekend and hit the market hard today with volume soaring along with the US Dollar.  The Dow Jones Industrial average fell more than 300 points leading all indexes lower with the Russell 2000 holding up the best.  Biotech stocks held up...