COMMENTARY

A mixed bag right now for the markets and it was the same for economic news this morning. A poor report from durable goods, but a better than expected rise in Consumer Confidence. A few leaders lagged the market today and with the end of the month arrive tomorrow we’d...

Warren Buffet’s CNBC interview was not well received by the futures market as the market was shaping up to open lower. While I don’t think nor care if Buffet was really pushing the market lower pre-market what I do care about was the market’s ability to find support....

Volume rose on the NASDAQ as the index was able to find its footing again. The S&P 500 had a good day, but volume continues to be below average a sign institutional investors continue to stake out in NASDAQ listed stocks. Jobless claims fell more than expected and the...

Another quiet day on Wall Street where stocks close near the lows of the session, but volume falling below yesterday’s level avoiding a day of distribution. We did receive downbeat news from the housing sector sending homebuilders lower. Gold (GLD) and silver (SLV)...

Crude oil surged past $105 a barrel as tensions in the Middle East continue to be escalated. Stocks were mixed; the surge in crude is not a welcome sign for the fragile economic recovery. Volume was lower than Friday’s level, but volume has been and continues to be...

There were many market top callers coming out of the wood work after Wednesday’s market. Sure, it didn’t look good at all. On top of it all AAPL appeared to put in a topping candle with huge volume. Buyers stepped up in a big way supporting the market, but the...

Positive economic data helped set the tone early for the market. Empire manufacturing and the Home Builders confidence survey both came in better than expected. By noon, the high of the day was set and AAPL’s roll over pushing stocks lower. Volume jumped on the day...

Retail sales weren’t overly exciting sending stocks lower at the open. Volume was hot throughout the session as institutions appeared very active in the market after yesterday’s low volume showing. The tale of the day was the buying spree that took place at the close....

Leading the way Small Cap stocks closed higher followed by the NASDAQ. Volume fell across the board, but coming off a weekend it isn’t entirely surprising volume was off. AAPL pushed through the $500 level for the first time. Another stock hitting $500 was ISRG; two...

The big news of the day was the Greek’s finally were able to come to terms on a new, new, new austerity agreement. Yes, another plan they will fail to deliver on. Volume ended the day mixed as NYSE volume slid underneath yesterday’s levels as NASDAQ volume jumped...