No Oil Accord No Problem

Sunday’s news was the Doha meetings could not produce an agreement among oil producers to freeze production. Initially, Saudi Arabia’s stock market did not take the news well and this selling spread across the globe. By the time this morning rolled around here in the...

Big Wave Trading Weekend Update And Top Current Holdings

It was another solid constructive overall pullback despite the higher volume than the session before. The price action was tight, we did not close at the lows, and volume was not above average. All in all, the pullback was orderly and there was very little damage in...

Quiet Trade after Wednesday’s Big Day

Not a surprise the market took a breather today despite a positive reaction after earnings by BAC. Volume was lower across the board. A good sign with the market mixed. Another few days of quiet, tight action would do wonders. We are still finding new longs and...

JPM Earnings Surprise; Traders push Stocks Higher

Another stellar day in this uptrend as JPM surprises the market with better than expected earnings. This uptrend has not been well-liked by market participants. The wall of worry has been quite high with fears regarding earnings as well as what low oil prices would do...

Crude rally pushes Stocks higher

Struggling at the open stocks appeared to drift listlessly until a rumor about Saudi Arabia and Russia agreeing to a production freeze. This was all the market needed to push higher. Volume surged on the day as investors rushed into stocks. Crude ended the day up more...