COMMENTARY

Today was another strong performance from our stock market leaders and overall stock market. Volume unfortunately did not accompany today’s move, but given individual stock moves volume is secondary. It is nice to see gains from market leaders especially when they are...

After two days of sizeable gains the market just did not have enough steam to continue the march higher. ADP employment report was lower than expected, but on the positive side Factory Orders and ISM Services were better than expected. Despite the better than expected...

Another day and another missed shot at a bona fide follow-through day. However, given the volume surge in the NASDAQ and its ability to clear/hold yesterday’s high things are brighter than they may seem. The Fed’s Beige Book release did little to stock movement, but...

Out of the gate the market was higher as market participants dragged themselves back from a long weekend. Summer is now over, unofficially and perhaps volume overall will come back into the market. Volume did jump over Friday’s end-of-the-month volume surge at the...

A better than expected GDP revision helped boost traders’ morale as stocks found support at the morning lows. However, the party would not last for the entire day as sellers once again was able to limit the gains on the Dow and S&P 500. Small caps stocks and the...

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...