COMMENTARY
AAPL and NASDAQ hit 52 Week Highs
Bears continue to be frustrated as the market hits new highs Notching another 52 week high the NASDAQ added to Monday’s gains led by AAPL stock as volume volume rising across the board. AAPL the largest stock in the NASDAQ hit another new high as investors continue...
Multi-Year Highs for AAPL and NFLX along with the NASDAQ
Stocks continue to add to gains Stocks hit multi-year highs as late afternoon selling puts a damper on the day. Melt-up Monday’s are the “norm” since the March 2009 bottom despite the calls for a market top. Volume couldn’t keep pace with Friday’s level, but the...
MSFT Stock Weighs on NASDAQ as the Market Closes in Positive Territory
Crisis in Egypt Continues as Stocks find Support and Close Higher Selling pressure in MSFT holds back the NASDAQ as the market finds support at intraday lows. Kicking off heavy selling pressure at the 10 o’clock morning hour was better than expected ISM...
Crisis in Egypt Continues as Stocks Consolidate Above Key Levels
ADP Employment index took center stage after the market received a jolt of buying on Tuesday. Disappointing investors December’s ADP Employment index was revised down significantly throwing caution to the employment winds despite the index’s gains. The day saw the...
NASDAQ Follows Through as Stocks Jump Higher
Volume ends mixed, but price action is strong For the second day in a row stocks jump, but today’s session came with a big jump in volume. A positive ISM Manufacturing figure helped push stocks higher. Even with a big jump in ISM Prices Paid index the market was...
Pushing the Crisis in Egypt Aside, Stocks Rise in Lower Trade
Volume drops, but stocks find buyers Positive economic data helps stocks push higher, but volume lags as institutions weren’t in a hurry to jump back into the market. Better than expected Personal Income as well as positive Chicago Purchasing Manager helped push...
NFLX Rises as Stocks Close Higher as Volume Slides
After-hours action hurts AMZN but the trading day is full of positives Disappointing economic data prior to the market open soured the mood on the street as Jobless Claims rose unexpectedly to 454,000. Durable goods orders and the Chicago Fed Nat Activity Index put...
Traders Bid up Stocks for the 3rd Straight Day of Gains
Federal Reserve leaves Rates and POMO unchanged as volume jumps across the board The Federal Reserve Bank leaves rates unchanged as stocks close just off the highs of the session with volume up across the board. Traders pushed stocks higher after New Home Sales...
End of Day Rally Erases Losses as Volume Jumps
The markets rally off the days low to close just off the highs of the day as volume races higher. The day did not start off out too well with the market moving lower. However, a better than expected jump in consumer confidence boosted the market pushing stocks to...
The Market Rebounds from Last Week's Selling
Volume ends lower across the board with solid price gains Stocks advance in front of President Obama’s State of the Union Speech. Preliminary volume shows stocks advanced in lighter trade compared to Friday’s inflated figure due to options expiration. Price gains...
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