COMMENTARY

While stocks were able to finish off their lows of the session the price decline coupled with volume notched a day of distribution. The good news for the market was we were able to see the major market averages hold their respective 10-day moving average. Another...

We continue to see stocks rally off the December lows. The NASDAQ led all major market averages with the Russell 2000 a close second. Volume was normal a Monday, lower than Friday. It would be great to see some resemblance of a consolidation period. Gains are...

Wednesday was a banner day for the stock market yesterday with hefty price gains supported by strong volume. It helped we had AAPL earnings and the Fed to assist with volume. However, strong price gains are nice to see and odds of the major market indexes testing...

This week is a huge week for the stock market. Wednesday at 2pm we receive another FOMC headline and a slew of earnings reports. CAT and NVDA both disappointed as the general market ended in the red. Certainly a positive was we were saw stocks closing near session...

We continue to see earnings report roll in and so far the overall market has not seen an uptick in volatility. During earnings season individual stocks can swing wildly and certain can impact the market’s overall volatility. At this stage, we do not have a situation...

Since the US government shut down the market is up 12%, but Wednesday’s action saw each major average face resistance. All morning long it appeared as if the market was going to continue its march off the lows, but sellers had a different plan. SPY hit resistance...

It is that time game again as companies begin reporting quarterly earnings report. Given the political and economic backdrop it will be interesting to see how the market reacts. We have had quite the run off the December lows back up into resistance. Earnings and...

Stocks continue their march off the lows despite the US Government shutdown continuing as well as fears over a global recession. The government shutdown continues in its 3rd week and while most focus on what “might” happen ours continues to the market itself. Volume...

Monday’s session saw stocks continue the rally from last week. Technically we are in a confirmed market rally as Friday’s big gains came with volume. Will this new confirmed rally work? The answer to the question is anyone’s best guess. There aren’t a lot of stock...

We hope you had a great and safe holiday season. We have quite the market environment and one which likely continue for the foreseeable future. Stocks are set to open 2019 in the red with futures indicating the major averages will open lower by more than one percent....