COMMENTARY

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...

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...

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...

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...

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...

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...

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...

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....

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...