COMMENTARY

FOMC Holds Rates Steady Indicates a Halt to Future Rate Hikes

The FOMC meeting concluded yesterday and they certainly signaled rates will remain steady for the foreseeable future. Stocks cheered the initially after the release of the statement at 2pm EST. However, by the final hour sellers were able to wrestle control and knock...

Indexes Shake Off Late Morning Sell-Off

Monday’s trading session began with buyers coming back into the market soaking up supply and pushing prices higher. Without warning, as 11am EST hit sellers regained control sending stocks lower. While we will not use hyperbole to describe the drop it was certainly...

Russell 2000 Lags as NASDAQ 100 Plows Ahead

Volume was up across the board as the NASDAQ 100 led the way for major market indexes. It was nice to see volume jump along with price. However, the downside was the lack of leadership from the Russell 2000 as Small Caps have been a bit shunned for a few weeks. NYSE...

Stocks Kick-Off the Week with a Bang

A big start to the week for the stocks as the NASDAQ and Russell 2000 lead the market higher. Volume was mixed as NYSE ended the day higher while NASDAQ volume was lower. After last week’s decline it was nice to see the rebound. We still would like this market to...

Russell 2000 Slammed; Stocks Fall Across the Board

We are finally seeing some pullback in the markets. Volume is a bit elevated and the Russell 2000 losses are a bit much. However, we have come a long way from the December lows and a little volatility should be expected. Overall, the market was a bit overbought and a...

Distribution Day Strikes

Just short of a nasty day in the market only a late day kick save helped alleviate some of the selling witnessed during Monday’s session. Volume was higher across the board and coupled with price declines the market notched a distribution day across all major market...

Russell Squeaks Out Gains

Volume was up across the exchanges during Wednesday’s trading session. Major Indexes ended the day flat, but the Russell 2000 was able jump .22%. The increase in volume on a flat day isn’t a huge deal, but we do not want to see the market spin its wheels with volume...

Stocks Stall during Monday’s Session

Monday’s trading session began with big gap at the open. Buyers were unable to hang onto the gains and sellers would remain in control for the rest of the session. Volume was mixed on the exchanges with NYSE volume coming in higher and NASDAQ volume lower. The action...

NASDAQ Snaps 8 Day Win Streak

For the first time in two weeks the NASDAQ saw its constituents collectively close to the downside. Overall, the entire market slid as volume as lower across on each index. NASDAQ exchange volume was higher on the session, but only by a few basis points. Thursday’s...

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