S&P 500 Sets Another All-Time High

It was a day of new highs as the S&P 500 and Dow Jones Industrial average hit new all-time highs.  The NASDAQ continues to hit multi-year highs.  Russell 2000 remains weak and is not near its all-time high.  Big Cap stocks have been leading this market higher and...
NASDAQ Suffers Another Distribution Day

NASDAQ Suffers Another Distribution Day

There was certainly a divide in the market today as NASDAQ and Russell 2000 fell hard while the Dow closed in positive territory.  A big beat for the Empire Manufacturing number was a nice surprise, but it did very little to excite market participants coming off the...
A Promising Rally Off the Lows Stalls Mid-day

A Promising Rally Off the Lows Stalls Mid-day

What appeared to be a solid rally off the lows lost steam after noon eastern standard time.  At the open it certainly looked like we were going to continue Tuesday’s sell off.  Sellers were simply exhausted in the near term as buyers took over pushing stocks to the...