COMMENTARY

Third Straight Distribution Day for the S&P 500 as Volume Remains Below Average CASH IS KING Today's market was a mix of selling and lack of bids forcing stock prices lower.  A self-imposed deadline for Washington, DC's financial reform held back institutions from...

While the Federal Reserve Open Market Committee's statement dominate the afternoon headlines the drop in New Home Sales grabbed the morning headlines.  Most economists were looking for a drop of 18.7%, but when the number released the percentage drop was 33%.  Without...

Back to back reversals has left the market in the balance as the market tries to work off its recent move from June 8th.  Volume was higher on the NYSE, but remained well below average.  Like the NYSE, the NASDAQ had much lower volume than the 50dma, but it finished...

Buyers took to the market with optimism as news about the Yuan floating pushed prices at the open.  However, the highs set at the open wouldn't be seen for the remainder of the day as sellers remained in control.  Volume was lower throughout the day, but comparing to...

http://seekingalpha.com/article/211024-this-digital-media-powerhouse-is-advertising-strong-growth

Another light volume affair in the market once again as a late day rally sends the major indexes into the green.  A weaker than expected Philly Fed index sent stocks to their lows of the session.  Volume was actually on the decline as stocks moved towards the low of...

http://seekingalpha.com/article/210506-omnivision-technologies-a-strong-stock-amongst-strong-peers

Not so good news out of the housing sector left a sour taste in traders' mouths as housing starts sank 10% last month.  Producer prices fell, but the housing numbers were a drag at the open as the market gapped lower.  From the start we saw the market push higher for...