COMMENTARY

Stocks continue Last Week’s Rally

Monday’s session saw stocks continue the rally from last week. Technically we are in a confirmed market rally as Friday’s big gains came with volume. Will this new confirmed rally work? The answer to the question is anyone’s best guess. There aren’t a lot of stock...

Happy New Year; Stocks Set to Open Lower

We hope you had a great and safe holiday season. We have quite the market environment and one which likely continue for the foreseeable future. Stocks are set to open 2019 in the red with futures indicating the major averages will open lower by more than one percent....

Dow Posts Biggest Gain Ever

Following the worst Christmas Eve trading day ever the market produced one of the best day of gains ever. If this trading doesn’t scream bear market trading we don’t know what does at this point. The opportunities are certainly with intraday trades. The long side of...

Afternoon Selling Cuts Gains

Bulls simply could not hold onto gains during Wednesday’s session despite pushing higher during the morning. Volume was up across the board as institutions were active in the market, but the type of close certainly left a sour taste in the collective mouths of...

AAPL Stages Comeback Lifts NASDAQ and Broader Market

All signs were pointing to a more sinister day given how sellers hit the market hard from the open. It was not until AAPL found buyers did the market really begun to turn and stabilize. We have seen, more than a few times the NASDAQ find support at its 7000 level and...

Bonds on the Run; Stocks Shaky

Tuesday’s session was not what you want to see following the session like Monday. Tariff tweeting once again spooked the market as a potential deal on trade with China is still up in the air. At some point a deal will be struck, but there are so many questions left to...

China Deal Boosts Stocks

Not a terrible way to start the week with gains. For now, a trade war with China has been put on hold and stocks benefited. It was not a perfect day by any stretch of the imagination as Small Cap stocks continue to lag the broader market versus leading it. Volume was...

Fed Chair Powell Speaks; Stock Market Rally Confirmed

Wednesday’s price action was solid on the back of heavier trading volume. Out of the gate the market was holding up well, but it wasn’t until Fed Chair Powell spoke regarding where he thought interests rates were did the market begin its march higher. Buyers flooded...

Stocks Post Solid Gains

Monday’s session was a good way to start the week. We are not out of the woods by any stretch of the imagination, but a good way to start the week. For now, the major indexes are holding October lows and it is a relatively good sign we are seeing support for the time...

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