Distribution Day Strikes to Kick Off Week

by | Oct 20, 2020

Stimulus Bill Uncertainty Drives Monday’s Market Narrative We are now two weeks from the Presidential Election and now awaiting news on a new stimulus deal. Monday’s session does count as a day of distribution with the NASDAQ leading the charge. It was nice to see...

Small Caps Lead Market Higher in Light Turnover

by | Oct 6, 2020

Solid Price Gains but Volume Indicates Institutions were Hesitant Monday trading sessions tend to be on the lighter side from a volume perspective. However, given the level of price gains we witnessed on Monday a rise in volume accompanying the gains was what we...

Stocks Bounce to Begin the Week; Is the Correction Over?

by | Sep 29, 2020

NASDAQ Recovers its 50-Day Moving Average Monday’s session offered a bit of hope for bulls as we saw stocks move higher. Volume was not overly convincing, but we did see the NASDAQ recover its 50-day moving average. A positive sign for a new uptrend. Volume was mixed...

Weakness Continues as Futures Indicate Further Selling

by | Sep 21, 2020

September Selling Perpetuates Seasonality is in play as we continue to see selling persist. After such a long run up it is not a surprise to see stocks sell off. How low does it go is anyone’s best guess at this point but given where futures are at right now sellers...

Stocks Struggling in September

by | Sep 14, 2020

Rally hit the skids as prices consolidate The biggest question the market is facing is whether the recent struggle will turn into something a bit more sinister. The long rally from the COVID-19 lows has been quite impressive. Many traders and investors a like were...