Dow Squeezes out Gains; Traders await the Fed

Small cap and NASDAQ stocks finally hit the skids with the Russell 2000 down more than a percentage point on the day. The NASDAQ closed down nearly .6% as Telecom and Utilities led the market higher. While crude hit its highest level in over a year the energy sector...
Top Current Holdings: Before And After Edition

Top Current Holdings: Before And After Edition

The one thing that constantly changes in the market is constant change. What once used to work very well sometimes will not work for years and years until one day it works again. Other methodologies seem to stand the test of time. What is to be learned from this?...

Big Wave Trading Weekend Market Overview

What a week! This has been the most impressive uptrend I have ever seen in my investing career, based on the price appreciation of the general market indexes. This has not been the most impressive uptrend in regards to individual stocks setting up, breaking out, and...

Overbought Conditions Continue

We are extremely busy here and will keep this commentary short tonight. This market except for the NASDAQ is really extended and it would not be surprising if we see some consolidation ahead of the Federal Reserve meeting concluding Wednesday. It would be a huge...

Dow Transports Soar as Volume Surges

A great day for the markets as the Dow surges ahead with volume pouring into stocks. Volume was higher across the board as the Dow Jones Industrial Average surged nearly 300 points. The laggard of the session was small cap stocks with the Russell 2000 finish higher by...

Small Caps Lead Market Higher

A solid session as small caps stock lead the overall market higher. NASDAQ volume was higher on the session with NYSE volume falling just short of Monday’s level. We continue to see positive action from this market, yet we still do not see any blow off type moves....