COMMENTARY

Stocks Avoid Holiday Hangover End Higher

Stock rise again as traders feel the joy of hints at better than expected retail sales.  Holiday volume took over once again, but it is not unexpected as many traders are taking vacation.  The uptrend continues and it continues to be strong. We are going to be wise...

Low Volume Continues as Stocks Continue to Rise

Trader's once again ignored bad economic data as new home sales plunged 11.3%.  Initially, the market did see selling as traders reacted to the terrible housing data.  Slowly but surely stocks began to creep higher and eventually hitting into new high territory. ...

Small Caps Shine As the NASDAQ Clears a New High

Following through on the gains from Friday were Small Cap stocks as well as the NASDAQ Composite index.  The market continues to be in an uptrend and we continue to find stocks moving quite nicely in this uptrend. Monday's gap up was a welcoming sign as the NASDAQ...

Stocks End Near Lows as Support Fails to Emerge

Heavy trading in Citigroup dwarfs the market as we are reminded we are in a shaky market.  The NASDAQ and S&P 500 closed just off their lows of the session suggesting very little support for the indexes.  Citigroup certainly skewed volume, but with the amount of...

Late Day Sell-Off Brings Distribution Day

Inflation data along with news Wells Fargo paying back its share of the TARP set the tone early on.  Producer prices rose higher than expected sending a bit of fear into traders as early morning trade reflected a fear trade.  Bucking the trend was Wells Fargo, but it...

Small Caps Lead the Way as Stocks Go Out Near Highs

Small Caps Lead the Way as Stocks Go Out Near Highs

Pre-market futures got a lift when Abu Dhabi announced its $10billion bailout for Dubai World.  The bailout set the tone for much of the morning's session as stocks were able to find bids as well as volume.  It was important for the market to find volume and not too...

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