COMMENTARY

Stocks Rally into the Close Friday A big rally into the close Friday pushing stocks to the highs of the session. Volume ticked higher above average on the NASDAQ indicating a big push from institutional buyers. Let’s face it economic numbers are not going to look...

After more than 18 weeks since low stocks stall for the past two. We are in an interesting market given the retail crowd’s bearish stance and the professional crowd as bullish (as measured by NAAIM). Regardless of what others think of this market the past two weeks we...

Led by the QQQs the market gains evaporate For those who were around for the morning session saw stocks push higher. This morning’s gap higher did not come as a surprise. We have seen this same story with majority of the market gains since the COVID-19 lows. Were you...

S&P 500 Nearing Golden Cross Another positive week for the stock market despite light volume trading. Leading into the long holiday weekend stocks continued to push higher. Believe it or not and despite more and more COVID cases this market continues to push higher....

Given the world is still in a pandemic this market is trying to find its way. Friday’s decline was noteworthy and showing two large distribution days should give traders pause on the current state of the market. The NASDAQ has 3 days of notable distribution in the...

Futures are set to open higher this week for the second straight week. We still have a pandemic to deal with but with the Federal Reserve and Federal Government willing to step in at a moment’s notice this market has brushed aside any downside risks associated with...

NASDAQ Continues Dominance. After last week’s hiccup the market has stiff-armed selling pressure for now. The retail crowd retreated as the new AAII survey numbers show, but the we continue to see buyers step up to the plate and support stocks. No matter how idiotic...

We have come a long away from the March lows as the pandemic accelerated. Through Federal Reserve action there is no doubt this market would be no where near where it stands currently. Will a second wave of the virus hit? A question the market is desperately seeking...

Capping off the last trading day of the Month Friday saw stocks pushing higher. We are living in a crazy world and the market will adjust to the shift. June is set to kick-off on the lower side but given the gains last week today’s indication of a lower open is not a...