COMMENTARY

Stocks End Just Off their Highs as Volume Jumps

Another day of accumulation, but the market wasn’t ready to IBD's definition of a follow-through day.  The big story of the day was Iran announcing it was able to enrich uranium.  Stocks initially sold off on the news as volume was lighter than Wednesday.   Once again...

Major Snow Storm Keeps Traders Away

Another snow storm and Ben Bernanke kept traders out of the market as stocks pull back and volume falls off.  The second large storm in a week bombarded the east coast keeping many at home and out of the market.  While the snow was falling Bernanke outlined possible...

Volume Jumps as Stocks End the Day Higher

Late day selling put a damper on the day’s action as volume jumps.  Institutions appeared they were avoiding from jumping into the market as volume ran lower on the NASDAQ for much of the first hour and a half.  Volume ran flat on NYSE, but comparing to Monday’s...

A Conversation On Super Bowl Sunday (Chat Room)

[21:51:23] paulcarrz: tomorrow should be tomorrow LOL - see which way the tide is going in the mkt [21:51:24] JoshuaHayes: no i bet it is too [21:51:32] JoshuaHayes: right great setup for tomorrow [21:51:34] JoshuaHayes: we are flat [21:51:36] JoshuaHayes: up or down...

Heavy Selling Grips the Market as Stocks Close Near Lows

Sellers stormed the market as jobless claims rose and sovereign debt fears ravaged the market.  In addition, New York Attorney General Cuomo announced charges against a large bank sent fears throughout the financial sector.  Volume soared and the “fear index” VIX...

Trade Lightens up as Stocks Pull Back from Its Two Day Rally

Day three of the current attempt at a rally was a quiet day for stocks.  Volume pulled back nicely as well as stocks.  The market appeared to get support near the lows of the day and finished above the mid-point of the day, a bullish sign.  During attempted rallies...

Oversold Bounce Lasts Another Day with Volume on the Rise

Stocks rose for the second straight day as volume rose above average.  As the major market averages live below their 50dma the coming few days will be a very big tell on the direction of this market.  Today was a move in the right direction for the bulls in this...

Volume Lags as Stocks Jump Higher

Extreme oversold conditions setup Monday’s rebound.  Institutions failed to step up and support the market as volume was well off from Friday’s levels.  A stronger than expected ISM number set the tone for the market early on.  Volume really began to fall off as the...

Correction Deepens As Sellers Step Up Knocking Over Bulls

The market received another jolt of selling as traders dumped stock.  President Obama’s State of the Union address failed to inspire Wall Street to push stock prices higher.  Even with the Federal Reserve holding steady with its game plan Wall Street simply wasn’t...

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