COMMENTARY

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...

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...

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