Stocks Take a Rest in Light Turnover

A decent day for a rest as we see the broader market pull in on lighter volume. We need days of consolidation to digest gains properly. It would be great if we can head sideways and ease the pressure from overbought conditions. Our primary trend is in place and it...

Market likes Trump’s Speech; Banks Love it

Financials were the biggest benefactor of Trump’s speech today with the group up nearly 3%. Utilities were the biggest loser down nearly 1% on the session. Energy, Industrials, and Materials were all up “bigly” on the session. Volume was up across the board as traders...

Dow Streak ends ahead of Trump’s Speech

It finally happened. The Dow closed lower for the day. Today’s close does not come as a surprise and it was much worse underneath the surface. Trump’s speech will no doubt create noise for pundits to bicker over. We need to make sure we continue to remain...

Dow Streak Continues

The streak continues as stocks continue to push higher against all odds. This is quite the historical win streak and we continue to reap the rewards from this uptrend. At this point we continue to manage our risk and any new signals we will continue to take. No sense...