COMMENTARY
Stocks Advance as Gold Continues its March Higher
SPY hit a new all-time high yesterday as QQQ knock on the door. IWM slipped yesterday, but overall the market continues to push higher. Volume was light and this is expected as we head into the 4th of July holiday. Earnings season is around the corner too, keep this...
Deal or No Deal?
Over the weekend China and the US agree not to slap additional tariffs on each other’s goods as the two sides continue to negotiate a trade deal. Futures across the board are higher as a result as we head into the week. Friday we say small caps move higher leading the...
Small Caps Reclaim Major Moving Averages; Dow Slips
Today we will see the Russell family of indexes reconstitute. The Russell Rebalance event is a yearly even where all the Russell family of indexes rebalancing. We will see a massive amount of volume flood the markets at the end of the day as institutions adjust their...
Stocks Fall as Worries Mount
Once again, we are at a familiar spot with this market. Worries over trade and the Fed have piled up. The real issue is whether a trade deal with China will get done. During Tuesday’s trading session we heard the Fed was not to be used as a short-term political policy...
Small Caps Continue Their Slide; G20 Nears
Another bad day for IWM as it fell more than 1 percent in heavy volume. Traders and Investors alike are selling down their exposure to Small Cap stocks. QQQ and SPY held up relatively well and continue to consolidate their recent gains. Volume on the exchanges fell,...
Small Cap Stocks Remain Sluggish as Stocks End Lower
Once again Small Caps stocks as measured by the Russell 2000 had a difficult time Friday lagging the broader stock market. After hitting an all-time high on Thursday SPY has stumbled a bit. QQQs have yet to reach its all-time high set back in April. This rally has...
Stocks Rise Again; Small Caps Lag
Another day of gains for the stock market as buyers rush back into stocks. Volume was higher on the NYSE as well as the NASDAQ. The Russell 2000 lagged behind for the session as traders continue to flock towards larger cap names. We would very much like to see traders...
US and China to Meet at G20; Stocks Rise
A big day on the street during Tuesday’s session. Trump notified the world the US and China would meet at the upcoming G20 summit. Volume swelled as stocks rose. It was a great sign to see volume supporting solid price gains. All eyes will be focused on the Fed...
Mixed Volume on Friday as Stocks Close Lower
NYSE volume was higher on Friday as the Dow and S&P 500 ended the session with small losses. The NASDAQ and Russell 2000 each ended the day with heavier losses, but volume fell on the NASDAQ Stock Exchange avoiding a day of distribution. Utilities continue to shine as...
Quiet Session on Wednesday as Futures Indicate a Positive Open Thursday
Volume was much lower than during Tuesday session as stocks look to consolidate gains after following through last Friday. Two to three-day consolidation periods are healthy for the market and since we have avoided distribution it appears this rally may have some...
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