COMMENTARY

A big day for the Dow Jones Industrial Average as Boeing (BA) leads the pack pushing the index up nearly 350 points on the session. It was nice to see the overall market move higher with volume expanding day-over-day. It would be great to see this price action...

Monday’s positive start was a good sign with the Dow leading the way with decent gains. Exchange volume fell against Friday’s level, but overall price action was positive. We still can’t seem to get exchange volume and price action moving in tandem. Energy was the...

Distribution struck the major market averages as financials fell more than 3% on the session. Bonds enjoyed gains as the 10-year yield has fallen nearly 30bps since last week. Despite the Federal Reserve Bank set to raise rates again in June Financials are not trading...

It must be summer as trading volume continues to be light overall and price action continues to be sloppy. The NASDAQ composite coughed up morning gains, but volume failed to eclipse Monday’s trade. The Dow and S&P 500 were not as fortunate as volume was higher on...

A day after bond yields jump small caps follow-up with solid gains. Volume was lower across the board, but not a huge surprise given we have seen this story before. Materials led the S&P 500 with gains over 1%. Real Estate and Utilities were the biggest losers as...

Monday morning trading started off well for the entire market. Small cap stocks broke through highs and all seemed like it was going well. It appeared small caps were going to finally break through resistance and  finally run higher. Sellers were not going to have any...

A solid trading session Wednesday with the NASDAQ leading with a 1% move to the upside. It was a good sign to see the Dow and S&P 500 recapture their 50-day moving average. Volume was not overwhelming to say the least, but we did see positive price action. We...

Monday’s trade kicked off in a positive manner where buyers went to work for the first 30 minutes bidding up stocks. Where it went south was just after 2:30pm EDT. Sellers nearly erased the gains from the morning. The last 30 minutes of trading saved the day for the...