Fourth Quarter Begins on Sour Note

by | Oct 2, 2014

For the third straight session stocks slide lower in above average volume.  At least the Russell 2000 did not lead the market to the downside.  The NASDAQ lead the decline today with the Russell 2000 not to far behind.  We still remain in a bad seasonality period, but...

Third Quarter Ends with Indexes Closing in the Red

by | Oct 1, 2014

Despite a midday rally stocks simply could not hold onto gains as end of the month volume ramps at the close.  We continue to see some positive action in select stocks, but the indexes simply cannot find their footing.  GPRO continues to extend its gains and we...

Stocks Battle Back from Morning Lows

by | Sep 30, 2014

Early morning jitters over global unrest gave way to buyers as early morning lows were quickly forgotten.  Pending home sales disappointed as month-over-month pending sales sank 1% while year-over-year fell more than 4%.  Perhaps bad news is good news in hopes to keep...

Stocks Fall Hard in Heavy Turnover

by | Sep 26, 2014

Yesterday’s gains were quickly erased today by heavy volume selling. There was not much to cheer about except GPRO continuing to add to its gains. Sellers were in complete control of the market for much of the day. Buyers were simply absent and were not around to...

Stocks Rise as Volume Cools

by | Sep 24, 2014

The rebound in the stock market today was a welcomed sign for bulls who witnessed their gains wilt in the face of the recent selling.  We can nitpick with volume coming in lower, but all-in-all the price gains were pretty good.  One thing we pointed out last night was...