COMMENTARY

For the 2nd straight close the S&P 500 has finished within 10 basis points a show of strength.  That strength reared its head during the last 30 minutes of trading allowing the S&P 500 to escape a distribution day.  The NASDAQ was not so lucky as it notched a...

Although volume was lower across the board today price action was quite nice.  Normally, we'd like to see the market pullback on lighter volume.  Today, it appeared we were going to get stocks to do just that.  However, by the end of the day the market had moved off...

Monday was an excellent day for the market even with Meredith Whitney coming on CNBC claiming the stock market is overvalued.  Traders immediately sold  bank sotck  as Whitney had so nicely "called" their collapse in 2008.  Even with her so timely call of...

...in force. If the small cap indexes were leading we would have a TON of more opportunities to find beautiful charts. Until they start to show back up, the bigger capped high priced stocks are the way to go. Just remember that is how the 99-00 rally ended. All the...

That is go up and that is great for us that are long. However, we were much more long before the recent distribution hit the market. That is fine, if the rally does have staying power, again, we will continue to find good charts to go long. I know it can be...

Just another day in stock market land where stocks staged an intraday reversal as the US Dollar rallies.  Volume rose across the board, but only slightly higher than Wednesday and still well below average.  On the NASDAQ Three Come Corp provided the day with volume...

Just another day in the magical land of stocks.  The market once again gapped higher only to meet a wave of selling then finding support.  Volume was lower across the board and even with the S&P 500 at new highs institutional players weren't rushing into stocks. ...

We got a much needed day of consolidation as stocks digested the most recent gains.  With the NASDAQ running more than 100 points recently it was time for the index to take a breathier.  Volume ran 13% lower on the NYSE while NASDAQ volume ran slightly higher at .39%,...

Traders entered the day with members of the G20 stating they would continue to flood the economy with cash.  Commodities, especially precious metals took charge leading out of the gate.  Throughout the day buying picked up pushing stocks higher, but it was at the end...