Volume Subsides as Dow Leads the Way

There was a common theme today and that was the continued dominance by Chinese stocks.  On the flip side large cap technology stocks weighed down the NASDAQ.  But, the selling was subdued to lower volume showing institutions were not selling hand over fist.  This is...
Volume Eases as Stocks Continue to Digest Gains

Volume Eases as Stocks Continue to Digest Gains

We viewed today as a positive development in the market.  Stocks simply do not move in a straight line up or down and need consolidation areas.  The past two days we have been digesting price gains, quite healthy action.  Volume is no doubt up from the holiday week,...

Stocks Grab Support as Volume Rises

The market was dealt two blows with one coming in the morning and early afternoon.  The first was when pending home sales figures were released at 10am showing a significant drop of 16%.  Economists were expecting a nominal drop of 2%, naturally traders sold the...