COMMENTARY

The news story of the day was the Italian debt and soaring yields. Volume jumped in a big way on the NASDAQ finishing the day above average. Over at the NYSE volume jumped on the day, but ended below average. Hefty losses were broad based and lead by the banks; who...

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The biggest question we have here is where is the volume? Today’s session was solid price wise, but volume was well below average. Perhaps the institutional buyers are still on the sidelines waiting to jump back into the market, but for now they remain on the...

Greece continued with its talks over what type of Government it would like to have, but now Italy has come into the picture regarding its trillion dollar debt. Like Greece and every other European country Italy has spent too much money and is struggling to service its...

Futures were quite the rollercoaster ride in the early going. At around 4am EST futures were down more than one percent across the board. By 7am EST they were all higher across the board. Quite the turnaround as the Euro situation remained front and center. The market...

Wednesday’s market helped stop a two day slide and back to back days of distribution. Volume slid on the day and was below average. Institutions weren’t too excited to jump back into the market. This market is under pressure and we certainly agree with IBD’s...

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Disappointing economic news was overshadowed by the Greeks as fear over acceptance of the Euro plan was in doubt. We live in volatile times and until the market sniffs out real leadership we’ll have market reacting the way they do. Volume surged today well above...