COMMENTARY

Leading the day were financials as the group jumped higher leading the entire market higher. Utilities were the day’s biggest losers as the 10-year treasury note moved back above 2.4% today. Energy took a breather closing flat on the session after a solid 5-day...

Energy was the biggest winner on today’s session as crude oil prices near $50 a barrel. Crude oil rallied after inventories showed a build. Financials were the biggest losers on the session even as a few Fed members hinted at more rate hikes this year. The NASDAQ...

While AAPL hit another new all-time high today while Energy and Financials helped push the S&P 500 and Dow Jones higher. The S&P 500 and NASDAQ have shown support at their respective 50 day moving averages. Volume was higher across the board indicating traders...

After Friday’s rally following the news Trumpcare would not see a vote did not carry over to the opening of futures Sunday night. While the losses weren’t spectacular they were quite large compared to what we have seen from this market lately. Futures continued to...

The noise of the day was whether Trump’s healthcare law had enough votes to pass. Stocks did not like hearing there were not enough votes and closed lower. Volume was lower too. Real Estate was the biggest winner of the day as the sector was up more than 70bps. Energy...

If it were not for Large Cap technology stocks this day would have turned out differently. Lead by MSFT, AMZN, AAPL, and GOOGL the NASDAQ 100 led all major market averages. The Dow was unable to eclipse the breakeven mark, but finished off its lows. Volume was lower...

Today’s session began with gains and it appeared there was nothing that was going to stop this market from heading higher. Sellers had a different plan, immediately hitting the market sending the market lower. While we did see relief at some points in the day, sellers...

We continue to see tight consolidation across the board as the market continues to digest the gains we have seen in January and February. February was a huge month for the market as a whole and we have needed the market to cool in order to sustain these gains. This...

At the start, it appeared as if we were going to follow-through on the post Fed gains. We simply did not have the fire power to continue to push higher. Volume was lower on the session, but given the turnover on Wednesday it would have been difficult to eclipse. Today...