COMMENTARY

After heavy volume selling on Tuesday buyers stepped back up today pushing the market off its lows from Tuesday. Volume dropped on the session as NYSE volume dropped 13% and the NASDAQ 16%. It really is no surprise to see volume drop on a rebound especially in this...

After a very disappointing durable goods release stocks were able to stage a rally throughout the entire morning. Unfortunately, sellers got the upper hand by the end of the trading session sending the major market averages into the red. A positive on the day was...

Positive economic news across the globe helped push global markets higher. Unfortunately for US markets the NASDAQ’s shut down for 3 hours and 11 minutes held back the markets. Upon reopening the NASDAQ continued to march higher. Who knows what we would have been able...

Failure to finish strong after rebounding from an initial decline post minutes release is not foreshadowing good things for this market. Volume ended the day mixed with the NYSE day over day volume fell on the day while the NASDAQ picked up by 10%. Price action has...

Overnight Asian markets did not act well as Indonesia and India are looking quite weak. The Nikkei is looking rather weak as well despite the Japanese Central Bank pumping trillions upon trillions into the Japanese market. State side the market bounced off short-term...

Summer trading continues as volume continues to be very light. However, price action is not being kind to longs at the moment. The morning’s gains quickly evaporated after the European close as the market as unable to find enough buyers to support higher prices....

A slew of positive economic data helped bolster the case for the Federal Reserve to taper its money printing scheme. Apologies, taper the quantitative easing program. The S&P 500 blew by a key level we had been watching in heavy trade as well as the NASDAQ....

Its official European nations are out of recession as GDP rises above expectations. The news did very little for US stock futures and neither did Mortgage Applications which fell 4.7% week over week. Homebuilders once again were weak on the session and continue to...