COMMENTARY
Stocks Fall Hard as Trump Fears Surface Again
A tough day for the market as we finally see market volatility find its way back to the market. Financials were a sore spot for the market today. Rate hike odds fell as bond prices jump over fears Trump may be impeached. These fears are not that new, but perhaps an...
NASDAQ notches another All-Time High
Same old story for the NASDAQ as the index hit another all-time high. Volume ended the day mixed with the NASDAQ seeing its volume rise day over day. The indexes continue to be a bore with volatility continuing to remain non-existent. Whether it is complacency or...
More All-Time Highs; Small Caps Lead
Today was a decent start to the week as the Russell 2000 lead the stock market higher. Volume was higher across the board as institutions were able and willing to accumulate shares. News of North Korea launching a missile continued to dominate the headlines, but the...
Friday Morning Coffee: Uptrend Still Intact
To the surprise of many this market continues to find support. We may also point to the extreme low in volatility. Looking at the VIX we can see the option traders simply do not see volatility picking up over the next month or is it no one is buying protection because...
S&P 500 and NASDAQ inch Higher
Another day where stocks simply remain in a relatively tight range. We simply are in a market where volatility by any measure is not present. Sure, this may change in the future. Now, we simply are not seeing stocks move much day-over-day let along intraday. It is...
VIX Remains Low; NASDAQ Loses Steam
This market continues to remain tight range and today was no exception. The Nasdaq once again hit an all-time high, but failed to close out near the highs of the session. Volume was mixed with Nasdaq volume falling short of Monday’s level while volume on the NYSE was...
Week begins Mixed; France Elections Ignored
The French elections turned out to be much to do about nothing. We saw the market completely ignore the news of Macron’s victory. More importantly, the NASDAQ notched another all-time high as AAPL continues to set new all-time highs. Volume was nearly twice its 50 day...
Crude Oil Falls as Stocks Close Flat
Despite some intraday fireworks, it was crude oil stealing the show falling to new lows since OPEC announced its production cuts. The Dow Jones Industrial average fell more than 100 points on the session as crude headed towards its day’s low. Even as the market looked...
Volume jumps as Traders await the Fed’s Statement Wednesday
We saw a big jump in volume today despite the lack of movement from the market. Small caps continue to trade sluggishly as the index was the only major index to close in the red. Tomorrow’s Fed statement will be closely watched by majority of the market participants....
AAPL and AMZN lead Stocks Higher
AAPL hit another all-time high today along with AMZN sending the NASDAQ to another new all-time high as well. We continue to see strong moves in the NASDAQ 100 as earnings season continues to roll. While earnings continue to hit the wires, many will be paying close...
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