COMMENTARY

The Market Stages a Big Reversal as Volume Jumps

Earnings headlines certainly spooked the market as well as housing data from the start.  Traders crushed the open sending shares down to their lows of the day before rebounding.  Volume rose on the day showing some support for stocks, but still lacked the thunder...

Stocks Rebound From Friday's Sell-off

Earnings season is now in full swing and the market rebounded today.  It is quite common for the market to have a natural reaction to heavy volume selling and today wasn't a surprise.  Early in the session sellers took over shortly after the opening sending stocks...

Top Current Holdings And Total Returns Since Purchase

Currently long 9 stocks and short 10 stocks while holding around 85% cash levels with my IRA being 100% cash. 130 years of stock market research has proven that three out of four stocks follow the general market direction. Since December 17th to Friday the Nasdaq is...

The Market Shrugs off Economic News to Finish Flat

Economic news was either mixed or negative as Producer Prices fell more than expected, but jobless claims dropped more than expected.  Initially the futures reacted positively to the lower jobless claims.  Industrial production even rose a tenth of a percent better...

Stocks Gain for 5th Straight Session Volume Ends Mixed

Another low volume session as traders await earnings reports.  Institutions like many traders are simply staying on the sidelines as volume suggests.  Stocks did experience a bit of volatility as the morning's high was sold off, but the market did find a bid closing...

Top Current Holdings And Total Returns Since Purchase

stock symbol - % gain since purchase - date of purchase longs (currently long 7 stocks after Monday's opening bell): LCUT 141% 11/2/09 UPI 31% 4/26/10 AKRX 13% 5/25/10 shorts (currently short 8 stocks after Monday's opening bell): EXPE 17% 5/7/10 NOV 12% 5/11/10 KSS...

More Gains as Volume Fades

Traders showed their appetite for the stock sending stocks to their highs of the day at the open.  A perceived better jobless claims number provided the boost traders needed, but that boost was short lived.  After retail sales showed the consumer was only coming out...

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