COMMENTARY

Hurricane Irma Fears Erased as Stocks Climb

Initial fears were Irma was going to completely devastate the state of Florida, but those fears were curbed when Irma’s track shifted avoiding a worse-case scenario. Volume was mixed with the NASDAQ seeing volume come in higher on the session. The Dow Jones...

Stocks Finished Thursday Flat

Thursday’s market action was relatively non-eventful as the market finished near breakeven for the session. Volume inched higher, but normal as we are clear from summer vacation season. Hurricane Irma continues to be the focus even after the ECB’s president Mario...

Volume Slides but Stocks Close Higher

Wednesday's market action was not overly inspiring, but the positive was we did not see follow through to the downside. Volume inched lower, but was near with Tuedsay's level. We have seen this story before where this market climbs higher on light volume only see to...

North Korea Fears Reappear; Stocks Lower as Volume Jumps

Over the long weekend North Korea tested what it was believed to be a hydrogen bomb. While our intelligence community is busy verifying if this is true, the market was not so happy with the test. Volume jumped more than 25% across the board as investors and traders...

Friday Morning Cup of Joe: Stocks Rally to Close August

August was a fun month for stocks after a nice ride in July. While it was rough going for some the market held on and salvage the month rallying up until the last trading session. Small cap stocks continue to be a weak spot and is a key watch area going forward. Given...

Stocks Add to Gains

Technology stocks led Wednesday’s market action as the NASDAQ Composite finished higher by more than 1%. The Dow lagged significantly behind both the S&P 500 and the NASDAQ Composite during Wednesday’s trading. Volume was mixed with the NASDAQ seen higher and...

Stocks Turn Positive Shaking off North Korean Threat

In a stunning turn of events yesterday buyers rushed into the market pushing it higher after opening lower after North Korea flew a missile over Japan on Monday late afternoon. Volume ended the day higher across the board in support of the day’s action. At the open,...

North Korea Missile Launch Sparks Fear

After a relatively good day for the markets North Korea spoils with a missile launch. Futures quickly began to sell off as the missile proceeded to pass over parts of Japan. Seoul South Korea responded dropping bombs at the border, but this latest launch does have...

Volume Ticks Higher; Stocks Post Small Losses on the Day

Thursday’s action was another relatively smooth day for the markets. Volume was higher, but losses were contained. Avoiding distribution here is key for the markets. Friday’s session traders will await comments from ECB President and if more QE is on its way in...

A Solid Session as Stocks Take a Breather

Not a bad session for the stock market on Wednesday as the entire market closed slightly lower in lower volume. It is important at this state to avoid distribution, but also consolidate above the 50-day moving average. IWM performed the best yesterday as it has not...

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