Distribution Strikes on Friday; Global Fears Remain

Friday’s price action was not ideal as volume jumped as losses grew. The NASDAQ 100 led the decline as measured by QQQ. For once, the decline was not led by IWM. Volume was higher across the board as institutions continue to sell stocks. We continue to have a choppy...

Impeachment Talks Fuels Fears; Stocks Hit Hard

Tuesday’s session was not a good one for stock market bulls as the NASDAQ 100 fell 1.39%. Small cap stocks led the market lower falling 1.5%. Volume jumped on both the NYSE and NASDAQ exchanges indicating institutions were dumping shares of stock. Not a good session,...

Bonds Continue Rally as Big Cap Tech Falls

New Anti-trust investigations into the countries largest tech companies have rattled the NASDAQ 100 and Composite indexes. Both are dominated by the largest technology companies in the US and it is no wonder both were hurt when AMZN, GOOGL, and AAPL fell during...

Stocks Rebound back to Last Week’s Highs

A disappointing day for economic data as Retail Sales and Empire Manufacturing missed their targets. Empire Manufacturing fell well below expectations indicating a slowing at least in the manufacturing sector. Buyers would quickly step in despite a sluggish start and...