Volume Eases as Small Caps Lead Market Lower

by | Aug 11, 2016

Following up yesterday’s stalling action, the market fell in light turnover. Earnings continue to pour in with YELP having a big move to the upside. MYGN on the other hand was decimated after disappointing the street. Selling seemed to be well-contained and did not...

NASDAQ Loses Steam but Closes Positive

by | Aug 10, 2016

Today’s session was a bit different than we have seen in the past. Volume was higher on the session as new highs were once again set. The issue was the stalling action on the NASDAQ and S&P 500. This market has come a long way from February lows as well as Brexit...

BWT Weekend Update And Top Holdings

by | Aug 7, 2016

Friday’s session left no doubt about that this market wants to go in the short and intermediate term. Stocks rallied with gusto on Friday with volume coming in higher on both major exchanges according to my data providers. The DJT led the session higher followed...

Jobs in Focus; Stocks end Mixed

by | Aug 5, 2016

A quiet session today as stocks end flat with volume drying up. The VIX continues to hang near multi-month lows pushing VXX to more all-time lows. Investors are expecting volatility to remain calm. SPY and QQQ average true range continue to remain near multi-month...

Dow snaps Losing Streak in lower Volume

by | Aug 4, 2016

A solid reversal today with Small Caps leading the market higher. Volume was lower on the session, but we have seen this story before. Yesterday’s low is now a pivot and one worth watching. Energy rebounded today as crude finally closed in positive territory. Good...