Walmart Disappoints Drags Dow Down

Volatility still remains as stocks enjoy a wild ride on Monday. Volume was lower on the session; good sign institutions were not selling stock. After the V-shaped nature of the rally a day like Monday is not out of the question. The bad news was the S&P 500 fell...

Three Day Rally Ignites Hope of a Bottom

Tuesday’s market action was solid from a price perspective as stocks were able to shake off early losses and close higher. The knock on the session was once again volume came in lower than the previous trading session. It would have been nice to see the market...

Two-Day Rebound as Volatility Continues

Many traders on Friday were rejoicing they had found the bottom and were long the market. While Friday’s action was a first good start we are not out of the woods just yet. Our strategy isn’t to pinpoint market turns. We and other professional traders have found it’s...

Correction Deepens as Dip Buyers Lick their Wounds

Sellers rejoice as stocks fall hard. Pundits are blaming anyone from “idiots” to higher interest rates. Volume was up across the board, but far from Monday’s level and not indicating a washout. We have been warning not to be in a rush back into this market. This type...