COMMENTARY

Investors began the week worried about another debt ceiling fight centered on Obamacare. It appears the media will be totally focused on this issue rather than what the market is actually doing. The few bits of economic data were mixed with the US flash PMI from...

A day after the non-Taper rate decision released by the FOMC US stocks take a break. One exception is the NASDAQ finishing higher by 5.7 points. Every other index pulled in nicely as volume fell across the board. This is the type of day when you don’t see a...

The day started off with disappointing housing data coming in well below expectations. After the release of the housing the data the market simply drifted lower ahead of the FOMC rate decision. Clearly the biggest news of the week came at 2pm EDT when the headline...

Will the Fed taper and by how much is the question on many people’s mind. The market roared back after yesterday’s reversal in heavy volume. It was not a surprise today’s volume figures were light as many are hesitant to do anything in front of Wednesday’s conclusion...

Sunday evening newswires were hit with news Larry Summers had withdrawn from consideration for the Fed Chair position. Futures jumped at the opening Sunday evening hoping a more dovish Fed Chair would be nominated. For the NASDAQ it wouldn’t last long as AAPL lead the...

Small cap stocks led the market lower today in lower trade. Jobless claims fell below 300,000 for the first time in a long time! Perhaps it is a reflection of a shrinking workforce than job growth. Import prices fell more than expected. There wasn’t too much...

After yesterday’s sell-off following AAPL’s event sellers punished the stock once again sending shares down more than 4% weighing on the NASDAQ. On the bright side the Dow Jones Industrial average was up more than 135 points leading all major market averages....

While the market awaits a follow – through day we continue to enjoy superb gains. Small cap stocks led today followed by the Dow Jones Industrial average. Volume was up across the board and was above average. A very good sign regarding the health of this stock market...