COMMENTARY

Presidential Election and Coronavirus continue to weigh on Investors A mixed market yesterday with large cap tech leading the NASDAQ higher. The election is a major factor for many of those participating in the stock market. Earnings continue to roll out, but the...

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...

Earnings Season is Upon Us as Presidential Election inches Closer Kicking off the week with solid gains the QQQs rose more than 3% on Monday. NASDAQ volume jumped above Friday’s level. A good sign large Institutions were active in NASDAQ names. The S&P 500 rose more...

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...

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...

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...

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...