Stocks Grab Support as Volume Rises

by | Jan 5, 2010 | 1 comment

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...

Stocks Post Gains to begin the New Year

by | Jan 4, 2010

Traders ushered in the New Year by pushing stocks higher.  The US Dollar was the focus during the early going as commodity prices rose.  However, a positive manufacturing report gave the market even more fuel.  Many leading stocks moved quite nicely adding...

A Late Day Push Sends Stocks into the Green

by | Dec 31, 2009

The last Market Commentary prior to the New Year, Happy New Year.  We wish all of you a prosperous and joyful new year.  A quick look back at 2009, we saw the market appear to crater into oblivion and a historic rally.  All in one year and we were certainly on top of...

Winning Streak Ends for Gains while Volume Subsides

by | Dec 30, 2009

A very nice day for bulls as stocks pull back in light volume taking a breather from 6 days worth of gains.  Many leading stocks pulled back in light volume and displayed healthy action.  This uptrend continues to be on track and appears to be gearing up for more...