COMMENTARY
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...
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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