COMMENTARY
A Late Day Surge Relieved the Selling Pressure; Stocks End Mixed
Coming off a light holiday session Thursday stocks were hit by sellers early on and often. ISM non-manufacturing survey showed a better than expected number, but the index showed the service sector shrinking. Sellers took full advantage and continued to hammer stocks...
Small Caps Shine while Stocks Get Tripped up Intraday
It was clear from the start, Small Caps were leading the way at the beginning of the third quarter. Mixed employment figures from the morning held back stocks until ISM released its manufacturing report showing an increase over what was expected. Small caps and the...
The Second Quarter Ends with a Thud as Indexes Notch a Day of Distribution
The second quarter ended in bleak fashion as institutional investors were busy selling holdings. A drop in consumer confidence didn't help stocks as higher oil prices and economic uncertainity were major factors for the drop. There wasn't many places to hide on...
Stocks Pullback on Lower Volume, but a Few Leaders Keep this Uptrend Intact
Small caps suffer the Russell Rebalance hangover while the S&P 500, Dow Jones Industrial, and NASDAQ enjoy gains on lower volume. Volume fell sharply from Friday's inflated levels and was even lower than Thursday's level. Monday's action did resemble typical...
Friday Produced Gains Greater Than The Whole Year Combined; Sometimes The Market Will Shake You Out. You Better Stay On Top Of Your Charts Or You Will Pay The Price.
After Monday's session it appeared the market was D.O.A. However, even though I cut losses in all stocks not showing me gains or cut back in stocks with gains that I had not taken any profits on, it doesn't mean that I just go "dark." Jesus Christ, you can't do that...
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