Russell 2000 Rips Higher; NASDAQ Not Far Behind

by | Nov 24, 2014

Futures began the week higher leading into a holiday shortened week here in the United States.  Volume was predictably weak after Friday’s option expiry elevated levels would have been extremely difficult to beat.  A positive sign on the day was the outperformance of...

Small Caps Lead Stocks Higher

by | Nov 21, 2014

Early morning selling gave way to buyers as this market continues to shake off potential distribution days.  Volume ended the day on the downside today, but with options expiry tomorrow we should see volume jump.  We continue to see what appears to be an overbought...

Fed Minutes Fail to Spark Buyers; Stocks End Lower

by | Nov 20, 2014

Early trading was dominated by sellers as this market continues to operate in overbought conditions.  Morning lows saw buyers respond pushing the market above the midpoint of the session.  All eyes would point to the release of the latest Federal Reserve meeting...

Stocks Advance as Volume Ends Mixed

by | Nov 19, 2014

The unrelenting stock market rally continues to push higher with the NASDAQ finishing higher leading all major stock market indexes.  Volume was mixed with the NASDAQ experiencing lower volume while volume jumped higher on the S&P 500 (MarketSmith shows lower...

Utilities Lead as Japan Enters Another Recession

by | Nov 18, 2014

News Japan slid into another recession sent futures lower as the Nikkei fell more than 2% in overnight trading.  Mixed economic news did very little to move futures in one direction or another.  Early morning push higher was met with a fierce, but brief selling...