COMMENTARY

AAPL Stages Comeback Lifts NASDAQ and Broader Market

All signs were pointing to a more sinister day given how sellers hit the market hard from the open. It was not until AAPL found buyers did the market really begun to turn and stabilize. We have seen, more than a few times the NASDAQ find support at its 7000 level and...

Bonds on the Run; Stocks Shaky

Tuesday’s session was not what you want to see following the session like Monday. Tariff tweeting once again spooked the market as a potential deal on trade with China is still up in the air. At some point a deal will be struck, but there are so many questions left to...

China Deal Boosts Stocks

Not a terrible way to start the week with gains. For now, a trade war with China has been put on hold and stocks benefited. It was not a perfect day by any stretch of the imagination as Small Cap stocks continue to lag the broader market versus leading it. Volume was...

Fed Chair Powell Speaks; Stock Market Rally Confirmed

Wednesday’s price action was solid on the back of heavier trading volume. Out of the gate the market was holding up well, but it wasn’t until Fed Chair Powell spoke regarding where he thought interests rates were did the market begin its march higher. Buyers flooded...

Stocks Post Solid Gains

Monday’s session was a good way to start the week. We are not out of the woods by any stretch of the imagination, but a good way to start the week. For now, the major indexes are holding October lows and it is a relatively good sign we are seeing support for the time...

Stocks Fall Hard as AAPL and AMZN Lead the Decline

An ugly day to start the holiday shortened week. Volume was lower across the board, but price declines cut deep. The NASDAQ Composite index fell more than 3% on the session as AAPL and AMZN continue their declining price trend. We do have a holiday shortened week and...

Market Remains in Precarious Position; Caution Warranted

Once again weak price action prevailed across the market. Volume was higher across the board as market participants are selling down their holdings. There are a variety of reasons for this market decline, but remember we have yet to see a sniff of a proper correction...

Quick Hits: Price Action Remains Weak

Yesterday’s market action should give you some serious pause as the viability of the current uptrend. Volume rose across the board and yet buyers were unable to keep stocks at their highs of the session. The end-of-day action was weak and indicative of the health we...

NASDAQ 100 Leads Broader Market Lower

AAPL wasn’t the worse loser in the NASDAQ, but the stock’s decline helped push stocks lower across the board. Volume wasn’t higher, but price action remains weak and hints at further weakness ahead. News of a new round of tariffs targeting autos was the excuse stocks...

Elections in Focus; Fed on Deck

Monday’s session was quiet, but AAPL weighed down the NASDAQ. The Dow and S&P 500 were able to extend the current rally off the lows. Tuesday we will deal with nonstop election coverage from news outlets if you choose to subject your self to it. In addition, pundits...

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