COMMENTARY

Monday’s session saw stocks inch higher finishing off their lows after a shaky start to the day. We continue to see bullish action and although gains are minimal there is still buying power underneath. AMZN and NFLX helped the NASDAQ out with gains today as both...

We finally got a bit of volatility, but once again this market showed its resiliency and pushed off the lows to finish the day strong. Where we go next is anyone’s best guess. However, Thursday’s action shows we still have a strong market and we must respect its...

Wednesday’s action has been much of the same. Low volatility continues with gains. Commentary is a little late and we have the luxury of seeing futures down more than we have seen recently. Perhaps volatility will finally creep in and we can finally get a meaningful...

A tale of separate tapes on Tuesday with Small Cap stocks suffering the worse and the NASDAQ notching a day of distribution. The Dow and S&P 500 essentially ended the day flat avoiding trouble. Not a great sign to see heavy selling in the Russell 2000 today. While...

Last week fell right in-line with this market’s overall trend. We continue to see tight trading action with positive reactions to earnings (for the most part). Bulls are elevated, but the overall trend is strong and that is all that matters to us. We keep harping on...

Yesterday’s FOMC day was not what we would consider a normal FOMC day. Volatility simply did not come to fruition after the central bank released its statement. From the open stocks opened strong, but buyers simply couldn’t support the all-time highs. Volume on the...

Led by small caps the market moved higher once again. Volume was higher across the board in part due to end-of-the-month rebalancing. It had been lagging all day. At the close IWM was up 71bps off its high of the day, but solid gains nonetheless. NASDAQ continues to...

Stocks look to close out the month in positive territory after a good month of gains. The Dow closed Monday lower, but held its 10 day moving average. Volume was lower on both the NYSE and NASDAQ as the broader market closed lower. A gradual corporate tax cut plan was...

The real story was the moves large cap tech was making after posting earnings. It was the Dow who led the market higher today. Transportation stocks enjoyed a nice bump up nearly 1% as a group. Volatility dropped 4% as selling just never picked up any momentum. Volume...

A big thanks to MMM and CAT giving a huge boost to the Dow Jones Industrial Average. Volume was up across the board. Late day selling did blemish the day, but the market was able to at least hang onto gains. Biotechs were able to bounce well off their lows. Buyers...