COMMENTARY

The long-awaited release of the tax plan Trump has promised finally arrived on Wednesday prior to the market open. Futures were given a lift and after a morning hiccup stocks jumped higher led by the Russell 2000. Financials moved higher as rates continue to creep...

The Dow Jones Industrial Average fell for the 4th straight day, but the NASDAQ and S&P 500 snuck out gains. Russell 2000 rose again, but finished well off the highs of the session. Volume fell across the board and failed to keep up with Monday’s pace. The market...

Led by the FANG stocks the NASDAQ bore the brunt of the selling as the entire market fell on heavier volume. Volume was up 15% on the NYSE and the NASDAQ volume up nearly 25%. A huge spike over Friday’s levels. A late day rally helped take the sting out of the day’s...

A sneaky day of distribution for the S&P 500 as volume on the NYSE rose the day after the latest Federal Reserve Open Market Committee meeting. Leading decliners was the NASDAQ 100 as AAPL had its 4th down day in a row weighing on the NASDAQ 100 and NASDAQ...

The big story of the day was the Federal Reserve meeting. As expected the Fed will begin to wind down its balance sheet. Most likely at a snail’s pace, but will begin to wind it down. Transportation stocks got a boost as the group ended the day up 1.55%. S&P 500...

Tuesday’s session was confined to a tight trading range as volume on the NYSE inched higher and volume on the NASDAQ inched lower. All eye will be on the Federal Reserve statement at 2pm this afternoon. Small Cap stocks have battled back to their old highs, but the...

Another day of gains and despite a late afternoon bout of selling the market was able to hold onto its gains for the session. Russell 2000 finished the day as the leader in the clubhouse with a gain of 65bps, but the index has not been able to join the big boy indexes...

Just another day in this low volatility, high valuation market. Stocks were mixed with the Dow Jones Industrial Average moving into new high territory while the NASDAQ and S&P 500 were lower on the session. Volume was mixed with NASDAQ falling on the session, but...

As news flow from the Hurricanes has died down the market has adjusted itself into new highs. Volume is running in favor of the upside for now and is a good sign. Nothing is overwhelmingly saying we are going to explode to new highs. We continue to see positive action...

The biggest news event outside the devastation hurricanes have left over the past few weeks was the iPhone X reveal. A new iWatch series was released too, but the iPhone X was the biggest headline of them all. AAPL and the NASDAQ moved in tandem as traders and...