COMMENTARY
Monday’s Session Set to Open Lower
After Friday’s reversal Monday’s session is set to open lower extending losses. US-China Trade along with Hong Kong protests are what the financial media are blaming for the weak start to the week. While it may be true know why the weak start really is not going to...
Bond Yields Recover Boosting the S&P 500 and NASDAQ
After some relentless selling the stock market has been able to stabilize over the past two trading sessions. Wednesday morning traders were greeted with falling bond yields sending stocks much lower. Sellers appeared to take over and we were in for another day of...
Stocks Set to Rebound Tuesday After Heavy Selling
Selling was unrelenting for much of the day on Monday as investors and traders alike fled for the hills. Fears continue over the Trade Dispute between China and the US continues. Regardless of your opinion the stock market does not take kind to this situation and...
A Sea of Red awaits Traders
Futures are indicating a painful open for bulls as renewed fears regarding China-US relations. Europe is suffering the same at this point. The Shanghai fell 1.65% while Hong Kong shares fell nearly 3% during the overnight session. Stocks have done nothing but fall...
Trump Tweets New Tariffs; Stocks Tumble
The day did not begin that badly for the stock market given the way Wednesday ended. A rebound was in place. Trump decided to tact on new tariffs on Chinese goods. What we saw from the market really wasn’t a big surprise. A China trade deal has been a thorn in the...
Major Distribution Strikes after FOMC Announcement
We did say volatility would be a factor post FOMC announcement and the stock market most certainly did not disappoint in that department. Stocks went on a wild ride after the FOMC announced a 25bps cut and hinted it would likely be the only one. The stock market did...
FOMC Day has Arrived; AAPL Jumps After-Hours
The wait is over for many traders as the last day of July for 2019 has arrived and the FOCM will make its latest policy decision. Expectations are the Central Bank will cut interest rates by 25 basis points, but many believe should be more. All eyes will be on the...
NASDAQ and Russell 2000 Close Lower
Not the start to the week bulls wanted to see with many growth stocks getting hit. Most notably would be BYND. The IPO announced a secondary and is looking to continue its slide lower. The NASDAQ Composite index slid 44bps while volume on the NASDAQ fell. NYSE volume...
Stocks Close Strong on Friday; Volume Light
Despite lower volume stocks were able to make some gains and close higher. The FOMC meeting this week will have everyone’s attention. Will or will they not cut isn’t the question, but by how much is. Earnings season will continue to roll on and for the most part we...
Small Cap Stocks Jump; Dow Sluggish
A solid day for small cap stocks as IWM jumped 1.65% on the day with higher turnover. The same could not be said for the Dow as it closed nearly 80 points. Thanks to CAT and BA the two largest detractors from the day. BA issues are well known with the grounding of 737...
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