Crude Falls, but late Day surge lifts Stocks

by | Feb 1, 2016

NASDAQ 100 led the market higher while the S&P 500 and Dow finished flat on the session as crude oil prices slumped. Small caps fared the worst with a decline of 30bps. FB continued its march into new high territory while AMZN struggled again. Our FANG stocks have...

FB Leads NASDAQ Higher

by | Jan 28, 2016

Disappointing durable goods orders could not keep the market down as rising crude prices and FB pushed the market higher. First, FB reaction to earnings certainly boosted the market as the company destroyed expectations. Crude helped futures gallop higher after a...

Fed Fails to Inspire; FB soars on Earnings

by | Jan 27, 2016

A volatile session as early morning losses were erased after the European close only to be spoiled by the FOMC statement. All eyes were on the Fed with the statement release at 2pm EST would set the tone for the day. Volume was above average on the session and given...

Light Volume ahead of FOMC Meeting

by | Jan 26, 2016

Stocks advanced ahead of tomorrow’s conclusion of the most recent FOMC 2 day meeting. While most pundits and traders are not expecting any interest rate cuts it will be the language in the 2nd paragraph most will scrutinized. We are still without a follow-through type...

Stocks Fall to kick off last Trading week of January

by | Jan 25, 2016

There was a ton of optimism heading into this week with the market potentially putting in a short-term bottom. We had plenty of traders make no bones about it on social media declaring they have picked a bottom. Unfortunately for them, sellers hit the market today...