COMMENTARY

Fed Holds Rates Steady; Volume Rises

We continue to see sloppy intra-day action from this market. The Dow and S&P 500 fell on the session by .72% in heavier trade. Distribution is not what you want to see while this market is treading water. On the bright side, the Russell 2000 finished with gains...

Stocks Close Out April in the Red

Monday’s session started off well with buyers overcoming a little morning dip. Volume running up to the final hour was running like any Monday well behind Friday’s level. End-of-the-month rebalancing volume always pushes volume higher no matter the day. Telecom was...

Distribution Rattles Market; Is the Bull Market Dead?

Yesterday’s price action is certainly concerning. Heavy volume selling hit the large cap indexes hard as investors seemingly are dumping no matter the cost. Small caps surprisingly have held up quite well given the circumstances. Last year we saw large cap tech stocks...

Stocks Kick off the Week with Gains; Volume Higher

Monday’s session was a good sign from the markets yesterday as we saw the market move higher with volume running higher than Friday. Typically we see volume end lower on Monday’s, but yesterday was a bit different. Volume wasn’t extraordinary higher, but it was...

Small Caps Squeak out Gains; Dow Struggles

Volume was well off on Wednesday’s session as the Russell 2000 ended the session higher. We avoided distribution and that is a good sign for now. Any follow-through day followed by a distribution day ends the confirmed rally 99%% of the time. The positive here is we...

Stocks Close Higher, but well off Session Highs

A roller coaster of a day for stocks as fears over trade gripped the market towards the latter half of the day. Topping off the selling was the reaction to Trumps Lawyers office raid. Volume was well off from Friday’s level; indication traders weren’t as active in the...

Stocks Rebound from Heavy Losses, but Volume Subsides

What a wild ride stocks had on Wednesday. Overnight futures were hit hard on the news China imposed their own tariffs on US goods. The tariff war between the US and China has sent some shockwaves through the markets, but in all likelihood there will be a deal struck....

AMZN Weighs on Broader Market; Dow Down 450+ Points

Sellers opened the week with the upper hand sending stocks lower. Consumer Discretionary stocks were the worst performing S&P sector with the group down nearly 3%. Volume was tracking higher across the board as the market is searching for a floor. No sector was...

Stocks Close Lower after Rocky Session

This market continues to be rocky and one lacking any sense of a direction. Standing on the sidelines is not a bad place to be until we get clarity from this market one way or another. For seasoned traders who are able to cut losses quickly and position sizing can...

Big Gains to Kick Off the Trading Week

What a fantastic way to kick off the week of trading. Solid gains across the board were a good sign for this market as we did not collapse through February lows. Volume was light, but par for the course for a Monday. It would have been nice to see volume flood into...

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