Stocks Run into Resistance at Highs

by | May 15, 2018 | 2 comments

Monday morning trading started off well for the entire market. Small cap stocks broke through highs and all seemed like it was going well. It appeared small caps were going to finally break through resistance and  finally run higher. Sellers were not going to have any...

S&P 500 and Dow regain their 50-day Moving Averages

by | May 10, 2018

A solid trading session Wednesday with the NASDAQ leading with a 1% move to the upside. It was a good sign to see the Dow and S&P 500 recapture their 50-day moving average. Volume was not overwhelming to say the least, but we did see positive price action. We...

Fed Holds Rates Steady; Volume Rises

by | May 3, 2018

We continue to see sloppy intra-day action from this market. The Dow and S&P 500 fell on the session by .72% in heavier trade. Distribution is not what you want to see while this market is treading water. On the bright side, the Russell 2000 finished with gains...

Stocks Close Out April in the Red

by | May 1, 2018

Monday’s session started off well with buyers overcoming a little morning dip. Volume running up to the final hour was running like any Monday well behind Friday’s level. End-of-the-month rebalancing volume always pushes volume higher no matter the day. Telecom was...