COMMENTARY

Led by the QQQs the market gains evaporate For those who were around for the morning session saw stocks push higher. This morning’s gap higher did not come as a surprise. We have seen this same story with majority of the market gains since the COVID-19 lows. Were you...

S&P 500 Nearing Golden Cross Another positive week for the stock market despite light volume trading. Leading into the long holiday weekend stocks continued to push higher. Believe it or not and despite more and more COVID cases this market continues to push higher....

Given the world is still in a pandemic this market is trying to find its way. Friday’s decline was noteworthy and showing two large distribution days should give traders pause on the current state of the market. The NASDAQ has 3 days of notable distribution in the...

Futures are set to open higher this week for the second straight week. We still have a pandemic to deal with but with the Federal Reserve and Federal Government willing to step in at a moment’s notice this market has brushed aside any downside risks associated with...

NASDAQ Continues Dominance. After last week’s hiccup the market has stiff-armed selling pressure for now. The retail crowd retreated as the new AAII survey numbers show, but the we continue to see buyers step up to the plate and support stocks. No matter how idiotic...

We have come a long away from the March lows as the pandemic accelerated. Through Federal Reserve action there is no doubt this market would be no where near where it stands currently. Will a second wave of the virus hit? A question the market is desperately seeking...

Capping off the last trading day of the Month Friday saw stocks pushing higher. We are living in a crazy world and the market will adjust to the shift. June is set to kick-off on the lower side but given the gains last week today’s indication of a lower open is not a...

With hopes of a rapid rebound from the SARS-COV-2 pandemic traders have pushed stock futures higher to begin Tuesday’s Session. Vaccine trials are underway giving a bit of hope another wave of the virus will be stopped. No one knows of course, but unlike other...

As states begin to open back up in a limited capacity the market is looking to digest what the future will look like. MRNA announced positive news regarding their COVID-19 vaccine trials. While a vaccine is months or even years away stock futures reacted positively....