Crude rallies on Kuwait Strike; Stocks Mixed

While energy and materials helped the market push higher the NASDAQ 100 names weighed heavily on the NASDAQ. Volume was up across the board today, but continues to remain below average. Technology stocks (XLK) continue their struggles losing 56bps on the session....

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...