COMMENTARY
Housing Continues to Disappoint as Stocks Enjoy a Whipsaw Session
Housing starts and building permits fell unexpectedly sending jitters throughout the market. The major indexes at their lows were down more than one percent. Even positive news from Texas Instruments, Apple, Dupont, and Catepillar couldn't help suck in buyers. ...
Stocks Rise as Volume Eases
Our uptrend continues with solid price gains and with leading quality stocks at the helm. Volume slide as institutions appeared to hold back in front of earnings. The S&P 500 tested 1100 a few times, but sellers were able to hold the index below the "special"...
Welcome Back Me; Nothing Has Changed Since My Last Commentary Post
The past few days we have had a very large swell hit our south shores, right before our winters begin (north shore), and it has been a blast. I only wish the stock market could do the same thing for me. However, when the same trend remains since March, with nary a...
Stocks Find Strength at the Lows as Volume is Mixed
It did not come as a surprise to see stocks come in a bit after Wednesday's move. Volume was much lower on the NASDAQ at the beginning of the day, but rose steadily as the day wore on. Over on the NYSE volume was hovering around flat to slightly higher for most of...
Buyers Pour into Stocks after Positive Earnings News
Intel was able to exceed expectations and raise their Guidance on Tuesday giving a hint the chip sector may have some life left to it. However, it was JP Morgan's blowout earnings that opened the flood gates for buyers to step in and it wasn't just retail. ...
Just another day on Wall Street as stocks again were able to find support. Volume did increase over yesterday's holiday supressed levels, but volume was below average. Early on sellers took ahold of the market sending prices lower on volume. It appeared as though...
Bank Holiday Keeps Volume Away
Columbus day kept heavy volume on the sidelines as stocks find late day footing. Institutions were on the sidelines as many await earnings season. For most of the day trading was quite a bore as volume remained painfully low until the early afternoon when prices...
Let's Talk About All The Talk (We Say "Let's Talk Story" On Maui)
This was a reply to a post on Seeking Alpha. This reply came after reading about 20 comments in-a-row that showcased what I saw to be nothing but speculation on the future (or as we say "predicting") of the economy and stock market. This is not the best way to go...
NASDAQ Stalls as Precious Metals and Energy Run Higher
Once again stocks gapped higher at the open and finished higher on the day. The NASDAQ stalled out on the day as sellers stepped up their pressure on tech stocks. On the flip side the S&P 500 and NYSE composite indexes enjoyed nice gains with excellent...
Sellers Fail to Hold Back Strong Stocks as the Market Enjoys a Late Day Surge
Disregarding the final 30 minutes of trading the market appeared to be consolidating its most recent gains quite nicely. Buyers stepped up their buying activities into the close giving a bullish tint to the day. Volume was running low throughout the day, but with...
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