COMMENTARY

Monday’s session was not how we would want to start the week. The NASDAQ notched another distribution day its third in four days. Volume on the NYSE fell, but most stocks finished in the red. This market has been stretched for some time and it does not come as a...

After falling more than 100 points during the early morning session the Dow could shrug off sellers and finish in positive territory for the day. Volume crept higher across the board. Technically, the NASDAQ notched a day of distribution. However, given the support it...

After posting its 22nd consecutive decline in revenue IBM indicated there is light at the end of the tunnel sending the stock higher. The blue-chip technology stock helped the Dow gain more than 160 points on the session. Volume was higher across the board as we...

This market simply does not have the ability to move dramatically in one direction or another. The Dow continued its march onward to new all-time highs. Volume was mixed with NASDAQ volume inching higher on the session. We have the same ole story with this market. Not...

More all-time highs for this market as we continue to see a lack of selling from stock holders. This market continues defy all the odds and continues to move higher. Sure, we are due for some sort of correction. However, this market has many other ideas like...

The major market indexes finished lower yesterday as volume jumped higher. Transportation and Utilities continue to march higher. Real Estate stocks enjoyed a nice day as well despite the Fed all but guaranteeing a rate hike in December. Financials finished lower...

Just another day in this market where all-time highs keep coming and bears continue to get slammed. Earnings season is now upon us with bank earnings to kick-off the season. It appears that if we are going to get any down days they will be small and not clustered...

We continue to see new highs from this market, but you don’t hear exuberance from the crowd. What the crowd thinks or does is not of our concern. However, this market has been plagued by naysayers since 2009. It is not out of the question to see this continue. The...

A nice solid day of consolidation kicked off the week’s trading. Volume subsided by more than 10% across the board as stocks put in a day of much needed consolidation. There is no question we are a bit overheated, but days like Monday do help in relieving the...

Another solid day of gains on Thursday as the NASDAQ 100 led all the major market averages with nearly a 1% gain. Small caps lagged behind the broader market, but the group has had a gigantic run as of late. We are certainly in overbought territory and given the...