COMMENTARY
NASDAQ Leads Stocks Lower in Light Trade
Uncertainty over US and China’s Trade deal continues as the markets began the week lower. While volume was lower across the board sellers were able to keep the market suppressed. At this point in time there is a very real possibility we see this market see lower...
Stocks Continue Rebound as Volume Declines
A decent day on the street today as we did see stocks shake off early weakness and close higher on the session. It was nice to see stocks rallying, but the lack of volume was a bit disappointing to see. We would have love to seen institutional buyers’ step in and...
Trade Talks Dominate Headlines; Stocks Sliding
China trade talks are the soup de jour at the moment and market pundits are heavily focused on any tweet or headline regarding any news to the talks. The S&P 500 and NASDAQ Composite indexes are below their respective 50 day moving averages. It is the first time since...
China Deal in Question sends Wall Street on a Wild Ride
What a way to kick off the week with the Dow opening down more than 400 points. Fears over a trade deal falling through on a Trump tweet sent the algos scrambling selling futures Sunday night. What a truly amazing time to be alive with a simple tweet causing algos to...
Stocks Continue in Rising Channel
Tuesday was a big time distribution day for the NASDAQ despite the index closing above its mid-point of the session. Thanks to GOOGL the index closed down 81 basis points as volume swelled over Monday’s level. The Dow and S&P 500 were able to sneak out gains and while...
Small Caps Close Out with Gains; Broader Market Declines
After Tuesday’s solid session traders followed up the day with a quieter day with volume coming in lower across the board. Not a bad way to follow up big gains, but it was also nice to see Small Cap stocks inch out gains while the NASDAQ and S&P 500 took a breather....
Same Old Story; Small Caps Lag as S&P and NASDAQ Rise
We continue to see Small Cap Stocks lag the broader market as the NASDAQ and S&P 500 continue to push higher. Small Caps are typically seen as a risk-on trade. Traders and investors alike are not flooding to the group as we would like to see for a bull market....
Sluggish Day as Volume Picks up; Small Caps Dive
Thursday’s price action wouldn’t be too bad hadn’t we gapped up at the open and sold off the remainder of the day. Small Cap stocks led the decline and closed below its 200 day moving average. Not what you want to see from the index as it continues to lag the broader...
Quiet Day on Wall Street as Earnings Season Kicks Up
Monday’s trading session was quiet as many Monday’s tend to be. Financials were the worst performing sector in the S&P 500. Bank earnings have come in a bit better than expected, but a flat yield curve is not inspiring a lot of confidence in the group. On the flip...
FOMC Leaves Door Open to Hiking Rates
A solid day of gains for the market as Small Cap stocks lead the entire market higher during Wednesday’s session. Lagging behind was the Dow Jones Industrial average as it was only able to sneak out a 6 point gain. Volume was mixed on the exchanges with NYSE volume...
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