Major Reversal Casts Doubt over Confirmed Market Rally

by | Sep 10, 2015

Today’s stock market session was not what the bulls wanted to see. The delusional bull will see right past today’s heavy volume reversal, but the prudent investor knows better. While we are neither bulls nor bears today’s session certainly puts the odds heavily in...

NASDAQ Confirms Rally Attempt; NFLX Sours

by | Sep 8, 2015

Welcome back from a long weekend. Stocks cheered the return of the market after having Monday off. The NASDAQ was certainly excited to be back as the index soared more than 2.7% as volume jumped double digits. Volume was below its 50 day volume average. The Dow was up...

Stocks Rebound from Tuesday’s Slump; Volume Slides

by | Sep 2, 2015

It did not take long for the market to rebound from yesterday’s losses. The top sector in the S&P 500 was Information Technology followed by Industrials. Utilities were the worst performing sector with only a one basis point move higher. Volume was lower across...

September Kicks off with a Thud

by | Sep 1, 2015

Global concerns over the Chinese markets spilled over across the globe. The Dow was down nearly 500 points today and the NASDAQ off more than 140 points. Volume jumped across the board as sellers continue to punish the market. Volatility continued its move higher...

Stocks Closeout August on Low Note

by | Sep 1, 2015

A wild month for stocks ends on a sour note. Last Monday we saw the NASDAQ drop more than 8% and the Dow fell more than 1000 points. It has been a rough month for longs and volatility has spiked. We are now faced with the weakest month for stocks: September. Today’s...