COMMENTARY

Indexes ease modestly from recent highs while energy catches a clear bid on Hormuz uncertainty. SPY closed essentially flat at 773.03 after Friday’s record territory, down a negligible fraction. QQQ slipped to the low 720s, roughly –0.3%, as selective pressure...

Equities pushed higher Friday after a weaker-than-expected employment report cooled rate concerns, with growth and small-caps leading while the S&P 500 notched a fresh high. SPY advanced 0.6 percent and closed at a new all-time high, confirming the broader uptrend...

Stocks Continue to Push Higher, Crypto Currencies Breakout As the Federal Reserve continues to pump free liquidity into the financial markets, stocks have continued to push higher and higher. The free liquidity appears to be a constant for this market until inflation...

Bullishness remains high We continue to see a higher number of bulls in the stock market given the all-time highs. Many are chasing this market higher as they are likely worried about missing out on a stock market rally. We do not chase price as we know buying...

Bullishness remains for the stock market, but little headway made We continue to see this market work itself sideways post-election cycle. Earnings still are hitting the newswires, but overall, the market is still in a solid position to push higher. On the negative...

Stocks Enjoy Boost from PFE Vaccine News A huge push from PFE to kick off the week as their vaccine trial data proved to be effective against SARS-COV-2. The initial bump from the news wore thin on the NASDAQ while Small Cap Stocks and the Dow were able to hold onto...

Small Caps Lag Broader Market while DC Gridlock Likely Stock Market bulls were happy to see the market continue to add to gains on Wednesday after the Presidential Election was held. While we do not have a winner, it is looking like we will get gridlock given the...

Presidential Election and Coronavirus continue to weigh on Investors A mixed market yesterday with large cap tech leading the NASDAQ higher. The election is a major factor for many of those participating in the stock market. Earnings continue to roll out, but the...

Stimulus Bill Uncertainty Drives Monday’s Market Narrative We are now two weeks from the Presidential Election and now awaiting news on a new stimulus deal. Monday’s session does count as a day of distribution with the NASDAQ leading the charge. It was nice to see...