COMMENTARY

Heavy volume selling hits the market as the current uptrend is now beginning to look shaky. Some selling is not out of the question nor are days like today. Days like today only increase the odds we may see selling continue further. Volatility ticked higher today, but...

Coming off the long holiday weekend the market got off to a great start. However, by the end of the session we were well off the highs of the session. The Dow and S&P 500 continue to work off overbought conditions as both continue to remain poised to push higher....

The Dow had its tightest range in recent memory as the 20,000 mark continues to elude the Dow. Overall, the market had a decent day with volume dropping on the session. There are 6 trading days left in year and we certainly do not expect this rally to end prior to the...

For the second straight day this week the market is able to find enough buyers pushing this market higher. The Dow Jones Industrial Average marked its 17th record close since the election as Financials lead the market higher. Led by Banks, specifically Regional Banks...

There is no quit in this market as we see the market start the week with gains. Friday’s volume was huge due to options expiry as today’s volume was well off Friday’s level. All the major market averages continue to hold their 10 day moving averages. On the flip side,...

Happy holidays everyone! What else is there for me to say that has not been said 1000x already. This is a strong tape, almost all of my long positions are doing very well, I continue to receive an absolutely insane amount of actionable long signals, and this market is...

Volume ends mixed on the session, but stocks finish strong after the Fed raised rates yesterday for the first time in a year. We did close on the weak side of things, but the market was still able to hang on to most of its gains. There were certainly some bright spots...

The Federal Reserve finally hikes rate since December of last year, but surprises market by indicating the reserve bank sees 3 rate hikes instead of 2. It was a quite volatile afternoon with stocks closing lower near session lows. Volume was mixed on the session. NYSE...