Market Rallies off of Lows, but Close Lower

by | Mar 3, 2014

The big headline from the weekend was Russia moving into the Ukraine with ground forces.  Fears over a conflict spread throughout Twittersphere and Blogosphere.  Overnight we had geopolitical experts spewing nonsense regarding the situation.  Our focus is purely price...

Stocks close with gains Volume Drops

by | Feb 28, 2014

We aren’t surprised to see this market closing higher and the NASDAQ hitting a new high today.  Volume wasn’t higher on the session as once again new highs are hit without volume.  Leading stocks continue to act real well and have been treating us quite well. ...

Sellers Dominate Afternoon Trading; Stocks Inch out Gains

by | Feb 26, 2014

A positive new home sales figure helped lift stocks to their highs, but they wouldn’t be able to sustain the new highs.  NASDAQ volume was lower on the session as volume on the NYSE was higher on the day.  Despite the lack of excitement in the overall markets we did...

Volume Falls across the board; Stocks Close lower

by | Feb 25, 2014

The market followed up yesterday gains with a relatively quiet day of consolidation.  Economic data continues to be mixed with Case-Shiller coming in slightly better than expected while the Richmond Fed index and Consumer confidence figures disappoint.  In the end it...

Late Day selling knocks Stocks off their Highs

by | Feb 24, 2014

Lead by the NASDAQ stocks encounter sellers in the final hour selling off into the close.  Gains were still solid on the day as the Russell 2000 led all gainers with a 1.03% gain.  S&P 500 closed with gains of .62% gain brining up the rear for the major market...