COMMENTARY

The market has become quite an interesting beast as of late with wild swings on every press conference DC makes. First Boehner’s comments sent the Dow down 50 points in a split second only to recover after Reid and Schumer respond. Nancy Pelosi was kind enough to wait...

Sellers were enjoying the day until comments from Speaker Boehner on the Fiscal Cliff negotiations. President Obama followed up just before noon time with similar remarks. The market was diving to new lows, but the comments spurred buying. We can argue it was High...

For the second day in a row the Dow Jones Industrial Average, S&P 500, and the NYSE Composite posted another day of distribution. It is an ominous sign for a newly developed rally to post back to back days of distribution after a follow-through day. Positive economic...

Optimism over bureaucrats coming together and compromising on deals certainly has had Investors smiling as of late. The most recent move from last Friday’s has been quite dramatic. Last week when US lawmakers came forth to speak of a deal on the Fiscal Cliff was...

Continued positive data from the housing market helped boost the market in the early going. However, the focus would quickly turn to Ben Bernanke’s speech at 12:15. Prior to his speech this headline appeared: BN 12:15 *BERNANKE SAYS FISCAL CLIFF WOULD POSE...

Better than expected housing expectations and existing home sales helped boost the market’s rally off of Friday’s reversal. Volume on the day was lower and below average, but we have expected that with the Thanksgiving Holiday. AAPL was the star of the session rising...

A late day push helped the market from closing near the lows of the session. Disappointing bottom callers the market was couldn’t rally and close into positive territory. Volume dropped from Wednesday’s level, but at this point we’ll need to see a heavy volume...