COMMENTARY
FOMC Rate Decisions Sparks Buyers as Volume Rises
The correction didn’t end today, but buyers stepped up with volume behind them. Stocks set a new low for the current correction after New Home sales unexpectedly slowed in December. Selling pressure slowed as traders began positioning themselves for the FOMC rate...
Stocks Fail to Hold Gains as Volume Increases
Sellers took over in the last hour sending the major indexes near the lows at the close. When you have a market in correction late day sell-offs are not unusual, but expected. Volume was higher on the day indicating institutions were willing to dump stock at lower...
The Market Rebounds after Last Week's Decline
Stocks relieve oversold conditions by ending the day higher on lower volume. Financials gave the S&P 500 a boost, but volume lagged. The lack of volume is something we’ve seen with this market after it has suffered bouts of intense selling. Like the S&P 500...
A Conversation About The Market With A Young Trader In My Chat Room
[18:38:15] mstahr has entered the room "BWT Lobby" [18:38:29] mstahr: anybody in? [19:04:07] JoshuaHayes: hello [19:04:14] JoshuaHayes: just got back from surfing Honolua Bay and now watching football [19:04:16] JoshuaHayes: and making the video [19:06:01] mstahr: yo...
Stocks Take Another Shot from Sellers as Volume Soars
Sellers weren't complacent today selling stocks on massive volume. The NASDAQ had heavy volume from the get-go, but buyers stepped up in the morning. It wasn't long before things turned sour and sellers took over pushing stocks lower. Back to back distribution days...
US Dollar Soars Knocking Stocks Lower
First things first, back by popular demand is our Holiday Special pricing for the Platinum and Gold memberships. Check it out here. Sellers took over the market as the dollar rose, but once again support came to the rescue. However, the damage can be seen throughout...
Uptrend Continues as Stocks Rise
Stocks shook off Friday's sell off reversing course and closing near the highs of the day. Perhaps the perceived victory by Scott Brown in Massachusetts help drive Healthcare stocks higher. Regardless of the reason, stocks drove higher. Volume was lower after a...
Uptrend Continues to Defy All Odds with Large Cap Tech Leading the Way
Another day and another day where stock prices finish off in the green. Volume slid on the day as many on Wall Street pulled back from Wednesday's euphoric action. The Alcoa earnings miss has all but been forgotten as stocks have moved past the disappointment. This...
A Wave of Support Rolls in Lifting Stocks
The stock market put in a beautiful bounce off support levels showing this uptrend still has legs left. Our uptrend remains and we continue to find impressive longs. Rather than talk about the NASDAQ let's take a look at a chart: Options expiry on Friday may be the...
Selling Grips Wall Street While Volume Swells
Alcoa's earnings disappoint coupled with Obama's plan of new banking fees helps fuel fears amongst Wall Street. Option Volitility soared as the fear trade crept back into the market. Selling intensified as stocks were finding new lows throughout the session. ...
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