COMMENTARY

NASDAQ Recovers its 50-Day Moving Average Monday’s session offered a bit of hope for bulls as we saw stocks move higher. Volume was not overly convincing, but we did see the NASDAQ recover its 50-day moving average. A positive sign for a new uptrend. Volume was mixed...

September Selling Perpetuates Seasonality is in play as we continue to see selling persist. After such a long run up it is not a surprise to see stocks sell off. How low does it go is anyone’s best guess at this point but given where futures are at right now sellers...

Rally hit the skids as prices consolidate The biggest question the market is facing is whether the recent struggle will turn into something a bit more sinister. The long rally from the COVID-19 lows has been quite impressive. Many traders and investors a like were...

NASDAQ 100 Futures drop more than 3% as Summer is unofficially over September is historically a weaker month for stocks, and it is no surprise given the rise in prices a little pullback is here. The NASDAQ has been the clear-cut winner since the lows back in the...

NASDAQ 100 Continues to Lead Stocks Higher Just another week of gains for this stock market. No real surprise with the NASDAQ 100 continuing to hit new all-time highs. Small caps continue to lag the broader market, but we are used to seeing this type of action from...

AAPL Continues to Lead NASDAQ Another week of gains for the NASDAQ as AAPL pushes higher into new all-time high territory. Despite the pandemic the Fed has done its job by propping up this stock market. Fighting this uptrend has been proven to be futile. Summer...

Summertime Trading Continues The NASDAQ continues to be the clear winner in this pandemic. Volume has been what is expected from summertime trading: light. WE see the S&P 500 flirt with all-time highs, but still unable to clear the hurdle. Lagging are the Dow Jones...

QQQs Slide Into the weekend, but Near All-time Highs A great week of gains for the market overall as we indicated last week this bull market has legs. While this thing can turn at any moment the week was a positive one for the market. Many will continue to doubt this...

Stocks Rally into the Close Friday A big rally into the close Friday pushing stocks to the highs of the session. Volume ticked higher above average on the NASDAQ indicating a big push from institutional buyers. Let’s face it economic numbers are not going to look...

After more than 18 weeks since low stocks stall for the past two. We are in an interesting market given the retail crowd’s bearish stance and the professional crowd as bullish (as measured by NAAIM). Regardless of what others think of this market the past two weeks we...