COMMENTARY

Stocks Vault Higher Lead by the Dow Jones Industrial Average

A European new bailout package, with the purpose of re-capitalizing banks sent the US stock market higher at the end of the day. Unfortunatley, volume on the NYSE was drastically lower. Over on the NASDAQ volume did creep higher, but barely and it was WELL below the...

Commodities Point to a Troubled Economy

Commodities Point to a Troubled Economy

Over the past few months we have seen the stock market on the verge of a bear market, a Greek default, and a historic September collpase by the Boston Red Sox. One ominious sign has been the price action going on with commodities. Commodities are the foundation of an...

Late Day Selling Spoils Rally Signals a Day of Distribution

A big black eye of this current uptrend was today’s reversal and closing just off the lows of the session. All was well heading into the afternoon hours as plenty of leading stocks were showing excellent strength. Just as the morning got going news out of China of the...

Stocks Shrug off Jobless Claims and Close Higher

The market followed a similar pattern to Wednesday’s action. A mid-morning drop in equity prices was met by buyers pushing stocks to the highs of the day. There was no late day sell off, but volume dropped off a cliff. Jobless claims jumped higher than expected and...

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