COMMENTARY
Market Follows-Through on Tuesday’s Gains
Another solid day in the market as we saw traders pile into stocks following-through on yesterday’s gains. Today was a good sign and certainly support for higher prices. Certainly, a little rest would do us some good. For now, the action we have seen is quite...
Small Caps Lead the Charge Higher
A solid session with small cap stocks pushing higher behind a swell of volume. Stocks were up across the board as earnings season continues to roll. Trump’s first 100 days continue to be a focus point for the media while we focus on price action. Many were short with...
Stocks Continue to work Sideways
Not a great start to the week, but we continue our sideways march with the market waiting on a catalyst. The Russell 2000 has consolidated right to its 50-day moving average with the Dow not too far behind along with the S&P 500. It is amazing to see this market...
Big Wave Trading Weekend Update
Stock indexes put in a solid session on Friday. Unfortunately, stock indexes were not able to build off of the momentum that the trading session started with. Instead, stock indexes sold off only to see a decent intraday double bottom turn into a small rally into the...
NASDAQ and S&P 500 inch out Gains; Dow Slides Lower
Following up yesterday’s performance stocks see volume subside and the Dow continuing to find buyers. The NASDAQ and S&P 500 were able to inch out gains, but it was not an overly impressive showing for the overall market. Energy slumped on falling crude prices....
Stocks Slump as Trump Inauguration Nears
Coming off the long week the market started the week on the wrong foot. Sellers dominated much of the day. Volume was up across the board as the NASDAQ notched a day of distribution. Perhaps the real tell of the market were financials as regionals and large banks...
Stocks Shake Sellers end near Session Highs
What a wild ride in the markets today. While not as wild as September 2008, but given the context of this rally it was quite a ride. Early morning sellers went to work on the market pushing stocks to the session lows in no time. Slowly, but surely buyers began to push...
NASDAQ hits another High Despite Biotechs
All things were moving nicely for the overall market heading into Trump’s speech this morning. However, his comments regarding drug prices sent the entire biotech industry lower. Drug prices have been ripe to get after by politicians and rightfully so. It is Trump’s...
Another New High for the NASDAQ; Small Caps Lead Market Higher
We can only write the Dow misses the 20,000 mark again so many times. What the market is waiting for is anyone’s guess. Aside from the NASDAQ the S&P 500, Dow, and Russell 2000 remain in consolidation mode. Volume was mixed today as NYSE volume surged higher while...
S&P 500 and Dow get hit with Distribution; NASDAQ 100 Higher
Today was a lackluster start to the week with small cap stocks lagging the broader market while the NASDAQ 100 pushed higher carrying the rest of the NASDAQ with it. Volume was higher across the board as the S&P 500 and Dow notch a day of distribution. Crude oil...
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