COMMENTARY
Strong Day Of Gains Comes In Mixed Volume; IBD Indexes Lead Again
I do not need to be a stickler on the details, but it was a nice session overall if you were bullish coming in to today's session. If you were just looking to get long for the first time today, that might have been a bit scary but as you can see the right way is the...
Aloha Sleepy Traders To A New Week; A Weak Move Friday Means We Remain In An Uptrend Off The March Lows
It has been a little crazy over here for a while now and I did need some bad time off with some damage done to myself (I have Multiple Sclerosis) this week. I do not receive the best medical care on Maui, obviously, and that meant a lot of just down time off my feet....
Stocks Pile onto Gains as Volume Floods the Market
Big institutional players became interested in the market today as stocks flew higher on a surge in volume. Perceived positive economic data helped set the tone early on for stocks. However, buyers simply stepped up to the plate to acquire shares. Bears were taken...
Stocks Add to Gains as Volume Slides
Earnings from Goldman Sachs helped boost stocks higher at the open, a positive earnings report helped ease fears United States Banks were fragile. Sellers quickly took over the market and sold off stocks and a battle for surpremency wore on. Buyers quickly took over...
Stocks Stage a Nice Rally in Front of Earnings Season
Overseas markets took a dive early Monday morning setting a negative tone for the market from the onset. Wall Street has been anticipating earnings for quite some time and Monday was the official kick off to the 2nd Quarter earnings season. Early morning volume...
Stocks Push Higher but Lack Volume Conviction
Jobless claims slipping to 565,000 was an unexpected drop in claims providing a positive kick to the morning start. However, insitutional investors were not impressed as volume slumped at the start and throughout the remainder of the trading day. Stocks spent much of...
A Wild Day on Wall Street As Stocks Get Late Day Support
If you haven't done so please take advantage of our 30 day Free Trial offer! We were looking for volume and we sure go volume today right from the get-go. Volume surged as trading opened pushing stocks higher. Just after 10:00am EST it was apparent the stalling nature...
Stocks Take a Swan Dive Closing at the Lows of the Day
Even lighter volume returned to the New York Stock Exchange as the NYSE indices closed near the lows of the day. Over on the NASDAQ composite the index was slammed closing near its lows undercutting a key pivotal point. Volume indications are mixed as a few sources...
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...
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