NASDAQ Squeaks out Gain; Dow and S&P 500 Lower

by | Dec 7, 2017

Aside from the extraordinary rise in the price of Bitcoin stocks continue to slosh around. Indexes are holding their respective 50-day moving averages which is a good sign. Volume is on track to end the week higher as the market stirs around these levels. The Yield...

Indexes Bifurcate; Stocks Lose Morning Gains

by | Dec 5, 2017

News over the weekend the Senate had passed their version of the tax bill sent stocks higher. Financials were big winners on the session. Higher rates and more money in customers’ pockets would certainly be a big win for the group. Volume was higher across the board...

November Closes with Huge Move by the Dow; Tax Cuts Eyed

by | Dec 1, 2017

Powered by financials the Dow moved more than 300 points on Thursday. The blue chip, price-weighted index hit another all-time high. Hopes of a tax cut helped fuel the move along with higher yields as Bond Yields moved higher. The next Federal Reserve meeting is in...

NASDAQ 100 Slammed; Dow and Russell 2000 Higher

by | Nov 30, 2017

Wednesday’s market action was certainly interesting with the NASDAQ 100 coming under a lot of selling pressure. Volume soared as institutions appeared to be leading the charge selling down NASDAQ 100 names. FANG stocks were hit hard and apart from NFLX were able to...